Indonesian motorcycle sales were up 7.8 percent for the first 11 months of the year compared to last year, data from the Indonesian Motorcycle Industry Association showed on Monday.
Nation-wide sales in Indonesia, the world's third largest motorcycle market after China and India, reached 4.29 million for January to November, compared to 3.98 million a year ago, the association said.
Domestic motorcycle sales reached 486,977 in November, up 15.3 percent from 422,390 in October, when sales dipped due to reduced working days resulting from a lengthy holiday. The November figure was the biggest since December last year, but was lower compared to sales of 524,067 in November 2006.
Motorcycle sales are viewed as an important economic indicator in Indonesia, Southeast Asia's largest economy. Honda maintained its leading position in the local market, accounting for half of industry-wide sales in November. Its closet rivals were Yamaha and Suzuki. Honda vehicles are produced in Indonesia by Astra Honda Motor, a 50-50 joint venture between Astra International and Japan's Honda Motor Co.
Comments
Comments are closed.