I had been assuming that the industry was down by 11% based on FCAI website data. Link below.
FCAI releases January-March 2024 Motorcycle Sales - FCAI
It is a different period (first 3 months vs first 4 months in your article), so it might be the case that both sets of data are correct, and that there was a rebound in April sales. Car sales had a large increase in April 2024 vs April 2023, so maybe this is consistent theme.
The share price is indicating that the market believes that sales are falling, so any growth in the industry will be well received.
I had been assuming that the industry was down by 11% based on...
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$1.63 |
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Mkt cap ! $120.3M | |||
| Open | High | Low | Value | Volume |
| $1.61 | $1.63 | $1.61 | $11.35K | 7.04K |
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| No. | Vol. | Price($) |
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| 1 | 5168 | $1.61 |
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