According to data from a financial information named Sageworks Inc., US retail sales at privately held retailers of motorcycles and ATVs are up nearly 16 percent over the last 12 months. This number is similar to those announced by major motorcycle manufacturers. Independent dealers posted 7.47 percent sales growth in 2010 after a 13.77 percent decline in 2009.
Through its cooperative data model, Sageworks collects financial statements for private companies from accounting firms, banks and credit unions, and aggregates the data at an approximate rate of 1,000 statements a day. The Motorcycle Industry Council (MIC), which represents major manufacturers, has reportedly said first-quarter industry sales rose 8.8 percent, aided by higher gasoline prices and unseasonably warm weather across much of the country.