Q1 motorcycle sales rise 37%, led by Honda
Motorcycle sales in Indonesia rose 37% to 1.44 million in the first quarter from the same period last year, led by Honda, data from an industry group showed on Monday (14/4/08), Thomson Financial reported.
In March alone, motorcycle sales increased to 494,956 from 470,977 in the previous month and 363,855 in March 2007, the Indonesian Motorcycle Producers Association (AISI) said.
Indonesia is the world's third-biggest motorcycle market after China and India.
The AISI has projected motorcycle sales to grow 15% this year from the 4.69 million bikes sold in 2007.
The association said sales of Honda bikes rose 41% to 642,762 units in the first quarter. Sales of Yamaha bikes rose 32% to 576,633.
In March alone, motorcycle sales increased to 494,956 from 470,977 in the previous month and 363,855 in March 2007, the Indonesian Motorcycle Producers Association (AISI) said.
Indonesia is the world's third-biggest motorcycle market after China and India.
The AISI has projected motorcycle sales to grow 15% this year from the 4.69 million bikes sold in 2007.
The association said sales of Honda bikes rose 41% to 642,762 units in the first quarter. Sales of Yamaha bikes rose 32% to 576,633.