Sales of Chinese motorbikes in Portugal peak despite market slowdown

7 June 2006

Lisbon, Portugal, 07 June – Sales of Chinese motorbikes in Portugal peaked from january to May, particularly those of the Keeway brand and despite an overall slowdown in the market, figures from the sector’s retail association, ANECRA, showed.

According to the figures obtained by Macauhub, in May Keeway was the 10th most sold brand, with 61 units in its first year in this market, which is dominated by Japanese brands Honda, Yamaha and Suzuki.

In 15th position in the ranking, between Italy’s Ducati and Cagiva, is Kymco, set up in Taiwan and China, which posted growth of sales of some 38.5 percent in the first five months of the year.

The biggest growth amongst Chinese brands was posted by Zongshen, of 140 percent, and came in 18th position, with 12 units sold in the period.

In 23rd position is Kinroad, with nine units sold, and in the middle of the ranking are Chang Jiang, Jialing, Shineray and Yiying, all of which are in their first year of business in Portugal.

Overall, the market for motorbikes of more than 50cc saw a downturn of around 1.7 percent in the first five months of the year, and of 3.6 percent in May.

Sales of four-wheeler motorcycles increased by a fifth by the end of May, and the growth trend of this product has increased.

In this segment, in which Yamaha, Suzuki and Honda also lead sales, Bashan is the fifth largest, with 172 units sold in the year in which it arrived on the market.

Kymco is in seventh place in the ranking of sales of four-wheelers, with 96 units, Dinli in 11th (46) and Xinling, with 43 units sold in 13th place. (macauhub)