Motorcycle Sales Have Been Falling for a Decade
According to data from the Motorcycle Industry Council (MIC), U.S. motorcycle sales have declined from over 573,000 units in 2015 to just 346,000 in 2023 — a staggering 39% drop. Analysts cite rising prices, changing transportation habits, and generational shifts as key contributors.
COVID-19 brought a short-lived bump, but the trend quickly resumed. With new motorcycle MSRPs now regularly exceeding $20,000, and used bikes not far behind, more riders are pumping the brakes on ownership.