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Are Triumph feeling the pinch?

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Polarbear
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PostPosted: 13:42 - 13 Feb 2012    Post subject: Are Triumph feeling the pinch? Reply with quote

Just had an e-mail promo from Triumph with the freebies they are giving away on certain models. The Daytona goodies look quite nice, Arrow and a quick shifter!

I'm rather suprised that they fee the need to throw so much at the Daytona, I thought that was selling reasonably anyway!

The freebies -

The models listed below will come with the following accessories:

Street Triple / Street Triple R
Flyscreen
Belly Pan
Radiator Cowls
Worth £370

Daytona 675
Arrow Slip-on Silencer
Machined Alloy Brake Levers
Anodised Front Brake Reservoir
Black Aluminium LED Indicators and Relay
Anodised Rear Brake Reservoir
Quickshifter
Worth £1,136

Tiger 1050 / Tiger 1050 SE
Anodised Front Brake Reservoir
Anodised Rear Brake Reservoir
Touring Screen
Heated Grips
Top Box and Infills
Machined Alloy Levers
Sliding Carriage Rack
Worth £930 / £890

Thunderbird
Chrome Luggage Rack
Longhaul Passenger Backrest Pad
Quick release Sissy Bar
Solid Stem Oval Mirrors
Engine Bars
Adjustable Highway Pegs and mount
Worth £840
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P.addy
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PostPosted: 13:50 - 13 Feb 2012    Post subject: Reply with quote

That Daytona deal is remarkable Neutral

Maybe wanting to tempt the purchasers over the colder months.
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JAMSXR
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PostPosted: 14:17 - 13 Feb 2012    Post subject: Reply with quote

New Daytona and Street due in 2013 so I'm assuming they just want to shift some units before the new models arrive.
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Ichy
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PostPosted: 14:25 - 13 Feb 2012    Post subject: Reply with quote

I think they made around £20m profit last year, possibly driven by the number of people that believe they are getting a good deal with all the 'free' extras. Wink

AFAIK Triumph have been doing it for years. When I brough my bike last year there wasn't any offers but when I asked for the price of an alarm and exhaust the sales guy said "Don't worry, we'll pay for them". List price was around £500-600 for just those bits.

I think it's common knowledge that aftermarket OEM stuff has a decent markup. Every time I've brought something from Staffordshire Triumph they have given me a discount which makes me feel a bit happier with parting with the cash next time.
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Bendy
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PostPosted: 14:38 - 13 Feb 2012    Post subject: Reply with quote

Yeah, its pretty common. When I bought my ST it came with £800 of 'free' stuff, and they'd stopped charging for the boxes. Deals come and go to persuade people to act now instead of waiting - Feb is pretty prime time for that kinda thing.
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chris-red
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PostPosted: 15:26 - 13 Feb 2012    Post subject: Reply with quote

I'd be surprised is those bits cost Triumph a 1/4 of what they are 'worth'.
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Reid
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PostPosted: 15:29 - 13 Feb 2012    Post subject: Reply with quote

Kawasaki have a similar deal on the ZX6R at the moment, free Akrapovic can, double-bubble and seat cowl. Just standard promotional stuff to edge a buyer towards them over the other billion sports 600s out there.
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Rogerborg
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PostPosted: 19:36 - 13 Feb 2012    Post subject: Reply with quote

Heck, Suzuki are just leaving £650 - £1000 on the table until the end of April, although I expect the pressure on dealers to claw that back for sticker-price extras (which you'd likely have got for nowt anyway without the cashback deal) is pretty high.

x-post from Biking News, Triumph are one of the few marques who have actually increased sales since 2009, and all of that is on bikes with good margins. Suzuki's sales have more than halved in 2 years, no wonder they're desperate to shift stock. Hurt

Code:

By manufacturer:
Rank              Year End % change  year end  % change  year end
                    2011   11 vs 10    2010     10 vs 09  2009
1  Honda           14639     +8.8     13460      -14.1    15672
2  Yamaha          11133    -24.6     14767      -19.8    18415
3  Triumph          7854     +3.8      7564       +1.5     7450
4  BMW              5920    -11.7      6705      +12.3     5973
5  Piaggio          5273     -0.7      5309      -18.9     6548
6  Suzuki           5260    -31.3      7659      -32.0    11271
7  Kawasaki         5123     -6.3      5468      -27.3     7519
8  Harley-Davidson  3727    -13.3      4300      -14.6     5035
9  SYM              2641    +58.2      1669       +0.3     1664
10  KTM             2421    +11.1      2179       -7.6     2357
11  Ducati          2345    +15.3      2033       +6.2     1915
12  Lexmoto         2266   +269.1       614     +433.9      115
13  Peugeot         2210    +45.2      1522      -25.0     2029
14  Aprilia         1999     -9.1      2198      -28.9     3090
15  Pulse           1494   +106.9       722      +19.1      606

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Paulington
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PostPosted: 02:28 - 14 Feb 2012    Post subject: Reply with quote

That data is really interesting Roger as it's funny to see that due to the economy at the moment manufacturers like Lexmoto/Peugeot etc that do cheap bikes that are cheap to run are seeing their sales skyrocket.

How long until almost all the main manufacturers start releasing and pushing such bikes very hard? Confused.
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Polarbear
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PostPosted: 08:40 - 14 Feb 2012    Post subject: Reply with quote

Paulington wrote:
That data is really interesting Roger as it's funny to see that due to the economy at the moment manufacturers like Lexmoto/Peugeot etc that do cheap bikes that are cheap to run are seeing their sales skyrocket.

How long until almost all the main manufacturers start releasing and pushing such bikes very hard? Confused.


But there is no way that the majors can turn them out as cheap without ruining their reputations. They might be able to make cheap crap and sell them to the unsuspecting masses who are just after cheap transport, then they will start to lose even more of their customers for their 'quality' machines who won't trust them not to incororate some dodgy practices into their mainstream bikes manufacture.

Rock and a hard place.
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Kickstart
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PostPosted: 11:43 - 14 Feb 2012    Post subject: Reply with quote

Paulington wrote:
That data is really interesting Roger as it's funny to see that due to the economy at the moment manufacturers like Lexmoto/Peugeot etc that do cheap bikes that are cheap to run are seeing their sales skyrocket.

How long until almost all the main manufacturers start releasing and pushing such bikes very hard? Confused.


The irony is that Suzuki are the ones who have pursued this market for larger bikes with the Bandit, SV650, etc, while the collapse of the small cheap scooter market a decade or so ago is what killed off Aprilia as an independent maker.

All the best

Keith
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iooi
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PostPosted: 16:29 - 14 Feb 2012    Post subject: Reply with quote

Paulington wrote:
That data is really interesting Roger as it's funny to see that due to the economy at the moment manufacturers like Lexmoto/Peugeot etc that do cheap bikes that are cheap to run are seeing their sales skyrocket.

How long until almost all the main manufacturers start releasing and pushing such bikes very hard? Confused.


Could that be more to the unknowing car drivers, looking to save a bob or two are switching to these brands. Without knowing just what they are buying into.
Or these manufactures are targeting adds to motor mags that car drivers read.

Note also Ducati, hardly one of the cheaper manufactures have done well.
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Rogerborg
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PostPosted: 17:50 - 14 Feb 2012    Post subject: Reply with quote

Sure, most of the "good" news is in the scooter and 125 sector (although "Adventure Sports" have taken over from sportsbikes as the new mid-life-crisismobiles). Look at Honda and Yamaha swapping places - I'd bet my lid a lot of that is down to the the CBF eating sales out of the YBR.

Suzuki were languishing in 6th and 7th place all last year except for September where a similar "£1 off per cc" offer did briefly pop them back up to #2. It'll be very interesting to see if they can maintain that to the end of April, if anyone else responds, and what happens afterwards - have Suzuki essentially devalued their bikes permanently? How many do they expect to shift in May when they've just "added" £650 - £1000 to the price again? Thinking
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Rogerborg
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PostPosted: 19:32 - 14 Feb 2012    Post subject: Reply with quote

Babba wrote:
If anyone's interested in accurate figures for bike sales in the UK they can be had from here :

https://www.mcia.co.uk/Press-and-Statistics/NewReg_Statistics.aspx


Yup, that's where I blag mine from. Ruh-roh, Suzuki are down in 7th in January, even with their cashback offer.
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