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May motorcycle sales up 19% vs April, down 23% y-o-y JAKARTA - Industry-wide motorcycle sales grew 19 percent to 322, 680 units in May from 271,092 in April, but were down 23 percent from 419,608 a year ago, the Indonesian Motorcycle Industry Association (AISI) said. In the first five months, total sales reached 1.47 million units against 1.98 million a year earlier, with PT Astra International's "Honda" brand maintaining its leading 51 pct market share, XFN-Asia reported quoting AISI.

Yamaha came in second spot with five-month sales of 526,909 units or 36 percent of the total market. Meanwhile, Suzuki followed in third with 176,159 units or 12 percent of the market. Industry analysts have said that car and motorcycle sales have been hard hit by high interest rates this year given that more than 60 pct of car and motorcycle purchases are financed by borrowing.

The industry report excludes sales of imported motorcycles such as those from China. Only producers and distributors of motorcycles with local content are eligible for membership in the association. Non-members account for about 10 percent of the total market. Indonesia is the third largest motorcycle market in the world.



Posted in Economy @ 20 June 2006 07:07 CET by Jeroen · 'Blog' RSS feed · permalink





Yerun
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However the number of sold motorbikes is down compared to last year, still more and more keep appearing everywhere. It's just that they are so damn handy that I have one as well, doing things by car doesn't always work and going to the local shop on foot is for most people not an option (anymore) as well.



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