Indonesian Political, Business & Finance News

Archive: 17 April 2006

1 article found

Motorcycle sales down in first quarter

Motorcycle sales down in first quarter The Jakarta Post, Jakarta The Association of Indonesian Motorcycle Manufacturers is optimistic this year's sales target can be achieved despite a drop in sales during the first quarter. Association chairman Gunadi Sindhuwinata said in Jakarta on Saturday sales from January to March dropped slightly to 906,000 units, from 906,245 in the same period last year. He attributed the decline to an increase in lending rates.