Motorcycle ‍sales in Colombia continued their ⁣strong performance in September ⁢2024, reaching 102,831 units sold – a considerable 50.1% increase compared to the same period last year. This makes ‍September the second-best month for sales this year, trailing only July’s impressive 112,214 ⁢units.

Brand Performance: Bajaj leads the way

Bajaj emerged as the leading motorcycle brand in September, selling 17,656 units and experiencing a remarkable 66.4% month-over-month growth.Yamaha secured the second position with 15,705 units sold (a 21.8% increase), closely⁤ followed by Suzuki, which recorded sales of 15,481 units – a notable 53.2% jump.

Collectively, ⁣Bajaj, Yamaha, and Suzuki accounted for 47% of all motorcycle sales in Colombia during September, demonstrating their dominant position in the market.

Year-to-Date Growth and Regional Hotspots

Through the first nine months of 2024,⁢ an average⁢ of 88,919 new motorcycles have been registered each month⁤ in Colombia. This translates to an overall year-to-date growth of 36.95% for the motorcycle industry.

The departments of Cundinamarca, Antioquia, and Valle del Cauca are driving much of this growth. Within these regions, the municipalities of Sabaneta (Antioquia), Funza⁣ (Cundinamarca), and⁣ El Cerrito (Valle del Cauca) have⁣ recorded the highest number of motorcycle registrations.

Data‍ collected and reported by industry associations.