Motorcycle sales rise 18%: Astra

Motorcycle sales rise 18%: Astra

JAKARTA: Sales of new motorcycles in Indonesia surged 18 percent on month to 231,523 units in June, PT Astra International said Tuesday.

The company didn't give any reasons for the increase.

Astra, which makes and sells Honda motorcycles with Japan's Honda Motor Co., said it sold 125,149 motorcycles in June, up 12 percent from a month earlier.

Its Honda motorcycle sales rose 12 percent to 112,097 units in June.

In the first six months of this year, Astra sold 722,112 motorcycles, up 7.1 percent from 674,466 units a year earlier.

Astra said it still dominated the market during the first half, with around 58 percent of total motorcycle sales in the country.

Cycle & Carriage Ltd. of Singapore holds a 34.3 percent stake in Astra International.

Astra didn't provide details on the sales figures for other Indonesian motorcycle makers. -- Dow Jones