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Indonesia motorcycle sales in 2014 up 1.7 percent

JAKARTA (rambuenergy.com) – As evidence of a growing domestic consumption sector, Indonesia recorded motorcycle sales of 7.91 million in 2014, up 1.7 percent from previous year.

Kontan reported, citing data of the Indonesian Motorcycle Industry Association (AISI) that some companies recorded falling sales, while others recorded a sales increase.

The total motorcycle sales was slightly lower than AISI’s target of 8 million motorcycle sales. In 2013, Indonesia recorded motorcycle sales of 7.77 million.

Of the five major members of AISI, Suzuki posted significant sales volume decline. Last year, the company sold 275,184 of motorcycles, down by 31.3 percent from previous year. Its market share also drop to 3.48 percent from 5.16 percent.

Yamaha’s sales volume reached 2.39 million, down 4.2 percent from previous year of 2.495 million. It controls market share of 30.23 percent, down from 32.12 percent in previous year.

Honda sold 5.055 million unis of motorcycles in 2014, up 7.5 percent from 2013’s sales of 4.7 million unis. Its market share also dropped to 60.49 percent, from 63.92 percent in previous year, however remained as the market share leader in term of motorcycle sales.

Kawasaki sold 165,231 of motorcycles in 2014, with market share of 2.09 percent, while India’s TVS sold 22,114 unis, with market share of 0.28 percent.

Kawasaki and TV’s sales increased by 7.4 percent and 12.8 percent respectively. (*)

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