While the motorcycle market in the United States continues to struggle in 2018 (despite gains in consumer spending), things across the pond are doing substantially better.
This news comes from the European Association of Motorcycle Manufacturers (ACEM), which is reporting an 8.2% increase in motorcycle registrations in Europe during the first nine months of 2018. This trend was additionally buoyed by the third-quarter registration results from 2018, which are up 10.4% over Q3 2017 figures.
Starting this November, Oklahoma riders will have to start paying a $3 fee that helps fund motorcycle safety in the OK State. The tax will be added to existing registration fees, and affects new bikes and their renewals.
While the Oklahoma Advisory Committee for Motorcycle Safety and Education will decided how the funds are used, it’s under the presumption that revenue generated from the tax will be spent on safety advertising and promotion.
Despite the hit to the wallet, the Daily Oklahoman says that riders in Oklahoma aren’t complaining about the increased registration costs.