The wild dollarinflation that flirts with a double-digit monthly percentage, interest rates inflated by decision of the Central Bank to try to cool the exchange rate… And among the many high temperatures that the Argentine economy sustains, the motorcycle market offers an opportunity: who has capital to invest or the need to buy a unit at km 0, They have a range of 13 models with frozen prices until May 31st.
It is part of the scheme agreed upon by the national motorcycle manufacturers under the programme Fair pricesissued by Ministry of Economy in an official attempt to regulate values ​​in a context of inflationary volatility. These are generally small-engined models, which in turn are among the most popular on the market.
Likewise, inside the agreement signed by the brands attached to the Chamber of Motorcycle Manufacturers (CAFAM) with the Secretariat of Commercea 3.2 percent monthly increase was defined for the other models and, in this way, also leaving them below the parameters of the inflationwhich in March was 7.7 percent and it is estimated that in April it will be even higher than this figure.
The agreement on fair prices for motorcycles
The companies participating in the agreement are Betamotor, Corven, Dragon, FAMSA, Gilera, Honda, Importadora Mediterránea, Motomel, Mar Maquinarias, Okinoi, Pagoda, Yamaha and Zanella. And the bikes reached by the frost do not exceed 150 cubic centimeters of engine capacity and the list, for the most part, focuses on those of 110 cc, the best-selling on the market.
The first month of the Fair Prices program for motorcycles had marked a sharp jump in 0 kilometer sales in March: the 48,044 units declared by the Association of Automotive Dealers of the Argentine Republic (ACARA) represented an increase of 13.5% compared to the same month in 2022, when 42,341 units were sold. If instead we compare with the month of February of this year (35,584 patents), the increase was 35%.
The scenario changed in April. The number of registered motorcycles was set at 39,719 units, a year-on-year increase of 7.6% as 36,915 cars had been registered as of April 2022. But if the comparison is with March of this year, the setback was set at 18%.
In this way, the effect of the acceleration of the economic crisis could be seen in the motorcycle market. In the statement released by ACARA, the dealers analyzed that within this decline may have influenced “that April had 18 working days, four fewer than March 22”.
Even with this reduction in April, the year-over-year figure for 0-mile motorcycle sales remains on the rise; In the cumulative quarter of the year, 164,878 motorcycles were patented, 12.2% more than in the same period of 2022, in which 146,975 motorcycles were registered.
The motorbikes at Km 0 included at Fair Prices
The model range of The 0 km motorbikes of the Right Prices plan are made up of displacements between 70 and 150 cubic centimeters. This includes the best-selling engine in Argentina, the 110 cc. Thus, urban models such as motorcycles or scooters are the ones that make up the list, although there are also some from the Enduro segment.
The plan includes the Honda Wave, a historic model that is the leader in the 0 km motorcycle market and is available in two versions. In any case, it’s not the cheapest in Argentina: that spot is occupied by the Mondial LD ​​110 S AT. And the most expensive is the Yamaha T110 drive.
Sorted from cheapest to most expensive, these are the 13 motorcycles that are part of the Fair Prices program:
Mondial LD ​​110 SA 110cc: $292,990.
Good Cubs 125cc: $302,000.
Okinoi-OKN 110cc: $315,100.
Corven DX 70cc: $327,990.
Guerrero G110 trip-tuned 110cc: $377,880.
2023 110cc Honda Wave 110s: $395,000.
Motomel CG150/S2 150cc tubular: $419,000.
Zanella ZT 150cc: $456,990.
2023 110cc Honda Wave 110s C/D: $473,500.
Gilera Sahel 150cc: $520,700.
Beta Tempo 150cc: $569,706.
Kiden KD 150 Z 150cc: $621,500.
Yamaha T110 Disc (Crypton) 110cc: $653,900.
Motorcycle sales declined in April 2023
The best-selling bike in April was the Honda Wave 110 S (3,394 patented), the model that sustains long-term leadership. It is, of course, the most successful so far this year, with 16,552 units, followed by the Corven Energy 110 (14,286) and Motomel B110 (12,895).
These data are inserted in a context of general contraction in sales in April, compared to what was sold in March. But year-over-year sales of 0km motorcycles continue to rise; In the cumulative quarter of the year, 164,878 motorcycles were patented, 12.2% more than in the same period of 2022, in which 146,975 motorcycles were registered.
This rebound is also reflected in the balance sheet for the first quarter of this 2023: 164,878 motorcycles were patented between January and March, 12.2% more than the 146,975 in the same period but the previous year.
As has been the case since 2016, most of this push also comes from national industry: according to CAFAM, 94% of the 0 km motorcycles sold in March left the factories located in the country.
The best-selling motorcycles in March by brands:
- Honda: 7,917 units.
- Motomel: 5,345 units.
- Corven: 4,980 units.
The best-selling motorcycles in March by model:
- Honda Wave: 3,394 units.
- Corven Energy 110 By Corven: 3,351 units.
- Gilera Smash: 3,242 units.
Best-selling motorcycles (accumulated since the year 2023 by brands):
- Honda: 35,210 units.
- Motomel: 21,431 units.
- Corven: 20,815 units.
Best-selling motorcycles (accumulated over the year by model):
- Honda Wave 110: 16,522 units.
- Corven Energy 110: 14,286 units.
- Motomel B110: 12,895 units.
Source: Clarin
Ben Stock is a journalist working for News Rebeat, where he covers the automobile section. With a passion for cars and the industry, Ben brings insightful and in-depth reporting to his readers.
