Business

Minerva launches first
650cc bike assembled locally

Sport motorcycle manufacturer PT Minerva Motor Indonesia has launched its first sport motorcycle in the 650cc class to be assembled in the country.

To produce the Minerva Sachs Fischer MRX 650cc in the country, the company is working together with US sport motorcycle producer Fischer Motor Company, the original manufacturer of the Fischer MRX 650cc. Minerva says the sport motorcycle was build completely with MotoGP technology and design standards.

Fischer claims support from several international MotoGP suppliers and engineering companies: Swedish motorcycle spare-parts producer Ohlins, Axis Aerospace and Technologies, braking system manufacturer Brembo, engineering and developing company Gemini Technology System as well as South Korea spare-parts producer Hyosung.

Minerva president director Kristianto Goenadi said Friday that there were only a limited number of buyers of 650cc motorcycles due to road conditions in the country.

“However, the Fischer MRX 650cc has better handling compared to other motorcycles in the same class, so it is easier to handle even given the country’s road conditions,” Kristianto said, adding that the America Institute for Highway Safety had issued a safety certificate for the MRX 650cc. He added that the model was powered by a 650cc V-Twin engine and water cooler with a MotoGP one-piece chassis.

“We priced the MRX 650cc at Rp 120 million [US$13,080]. We expect our buyers can receive the bike in September,” he said at the launching ceremony in Jakarta. Minerva said it aimed to sell 100 units by year-end.

A previous report said that Minerva, the local partner of Germany’s Sachs Motorcycles and authorized importer of Migelli auto parts from the UK, planned to expand its sales and after-sales network by doubling the number of authorized dealers by the end of the year to 110 by investing Rp 14.5 billion.

Minerva Motor Indonesia also plans to spend Rp 50 billion to double production to 600 units per day.

From January to March, Minerva booked an increase in sales by 18 percent to 16,836 units. The company targets to sell 66,000 units this year.

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