VMT has always only relied to large B2B orders, they have never had products that are B2C relevant, a part from a couple of scooters. They still only offer 50,125 cc equivalents which is not relevant to most consumers who want powerful bikes, in europe that is. They have only just started introducing more appealing models for B2C, but the stash and the CPX explorer are yet to hit the market (still in preorders) and I havent found test ride videos or other material online ro show that the stash is actually available in showrooms. I would have expected to be available by now to take advantage of the spring and summer season in the northern hemisphere.
We are only told about firms orders, which i believe are orders placed by the B2B customers in bulk and dont include single vehicles that go to the consumer?
Anyway, the challening economic situation VMT continuesl to refert to, is the interest rate environment which is no longer at near 0%, now that capital is no longer "free", loss making companies that have fuelled our boom sales in FY 21/22 have disappeared together with their orders. That's why VMT sales have disappeared, we still dont have a B2C market that creates a sales base to cushion the very volatile B2B market.
other than the one model stash there isn't much else that could revert the sales back up this year, maybe from next year. The APD i dont think will be for sale before mid CY 26.
lets see
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