Your experience will be VERY selective at best, even if you are actively seeking out other motorcycling fraternity’s to hang around with… How old are you? Where do you live? What do you ride? What motorcycling haunts do you frequent?mangocrazy wrote: ↑Sat Oct 12, 2024 2:37 pmThat doesn't tally with my experience, or even this thread. A major chain has gone into administration, and there have been others recently. In my home town (Sheffield) SMC closed down earlier this year, and they were by far the biggest motorcycle dealer in the city. If you're selling into niche markets times may be good, but I really struggle to see how 'things are almost as good as they've ever been'. That sounds like whistling in the dark to keep your spirits up to me.mboy wrote: ↑Sat Oct 12, 2024 2:07 pmIt's only "obvious" to somebody selectively choosing their information sources...mangocrazy wrote: ↑Sat Oct 12, 2024 11:11 am It's been obvious for the last 20 years or more that motorcycling in the UK is in decline. Most buyers are in the 50+ age group and every year more of them fall off their perches and are not being replaced by younger riders coming through. It may seem bad at the moment for bike shops but it's only going to get worse. The UK now is just a follower in bike design and marketing, we don't have the marketing and sales clout to lead trends, we just take what the rest of the world wants. Increasingly Asia will dictate trends, plus biking holdouts like Spain and Italy.
For sure, the motorcycle market has changed. It's different now to what it was when I was a lad in the 90's, it's quite different to what it was even 10yrs ago, and it's certainly a lot different to what it was when many of you grew up on 2 strokes and crossply tyres!
Motorcycling in the UK changes, it evolves. Those I know in the industry tell me things are almost as good as they've ever been, it's just that the demographic is changing... Small(er) bikes are becoming the norm again, people buy more accessories and clothing online now than in physical shops, people don't frequent the same hangouts that they used to so typically or even ride in similar social groups. But they do still ride.
Trust me when I say that CM Group’s failure has far more to do with financial mismanagement, growing too quickly based upon the premise of cheap finance, and a “devil may care” attitude towards picking up the tab (limited company, bankrolled by someone else) if it did all go sour… It was a vanity project, plain and simple. There’s some very well run motorcycle dealerships out there doing as well or better than they have ever done, they are just keeping their commitments tight and not overstretching themselves financially…
CM Group’s CEO has form here… Not his first boom and bust operation by all accounts.