America & Latin America

Argentine Motorcycles Market skyrockets. The start of 2025 was impressive with year to date March sales jumped up at 149.996 (+61.7%), even better than our positive forecasts. Honda is losing terrain under several competitors pressure.

Peruvian Motorcycles Market is slowly recovering. The 2025 start was even better and the first quarter 2-wheeler sales were 70.100 (+12.4%) with Honda consolidating the leadership and Bajaj Auto booming +84%.

Guatemala Motorcycles keeps momentum in 2024. According to data released by the Minister of Transport and Infrastructure in 2024 data, the demand for 2-wheelers is really strong and the market established the new all-time record, the 14th in a row, with 352.555 sales (+18.1%).

Ecuador Motorcycles Market keeps momentum although the economy slow speed. In 2024 the industry reported the second all time record in a string, with 214.592 sales, an 8.4% increase. Marker leader is the Chinese Shineray.

Paraguay Motorcycles Market is in a positive mood. Year to Date April figures at 24.901, up 26.3% The local manufacturer, Kenton, is by far market leader ahead of Taiga and Honda.

Zanella Motor is a ancient Argentine brand. After to risk bankruptcy in 2020, it is recovering. In 2022 sales kept growing with 48.024 registrations (+19.1%), 90% made in Argentina and the rest in Uruguay.

Canada Motorcycles Market plummet in Q1. After the +5.0% of January, sales dropped 34.3% and 18.4% respectively in February and March, with the first quarter ended with 11.001 sales (-20.2%). Honda kept the leadership while H-D overtakes Yamaha in second.