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Tuesday, January 18, 2011

Indonesia's motorcycle sales in 2010 rise 26 pct

Indonesia's 2010 domestic motorcycle sales, an indicator of consumer demand, rose 26 percent from a year earlier to 7,369,249 units, industry data showed on Tuesday.

Sales volumes last year were led by Honda , Yamaha , and Suzuki , according to data from Indonesia's Motorcycle Industry (AISI).

The association said total sales volumes for two-wheel vehicles in December 2010 were 513,343 units.

Indonesia's motorcycle sales this year may reach eight million units, the chairman of the association was quoted as saying by local media.

The Indonesian government plans to stop the use of subsidised fuel for private cars in the Jakarta region after the first quarter, but not for motorcycles, which is seen helping support sales growth for two-wheelers. Source: Reuters

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