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Most motorcycle brands suffer Nov. sales drop
As with the four-wheel market, the sales of motorcycles also dropped in November, according to the latest data issued by the Indonesian Motorcycle Industry Association (AISI)
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s with the four-wheel market, the sales of motorcycles also dropped in November, according to the latest data issued by the Indonesian Motorcycle Industry Association (AISI).
Motorcycle sales dropped by nearly 14 percent to 583,331 units from 675,652 units in October, the AISI said. Like car sales, the motorcycle sales figure in November was also among the lowest sales recorded in 2014.
Every motorcycle brand, except Suzuki and TVS, recorded a decrease in sales in November.
While Honda's sales slipped 6.1 percent, Yamaha fell 33.1 percent and Kawasaki decreased 22.6 percent month-on-month.
On the other hand, sales of Suzuki bikes climbed 4.1 percent and those of TVS rose by 3.9 percent.
According to the AISI, total motorcycle sales amounted to 7.31 million by the end of November, slightly higher than the 7.19 million units sold in November 2013.
The AISI had previously estimated that the motorcycle market would grow by between 1 percent and 5 percent annually in 2014 due to weak commodity prices.
Data from the association shows that a large proportion of motorcycle sales are generated in areas outside Jakarta, which are dominated by commodity-related businesses. (***)
