Motorcycle Sales Indonesia Remain Bleak in 2016
Indonesia's motorcycle sales fell 10 percent (y/y) to 4.35 million in the first three quarters of 2016 from 4.82 million motorcycle units in the same period one year earlier. Meanwhile, in the month September 2016 a total of 555,820 motorcycles were sold in Indonesia, down 8 percent (y/y) from sales in the same month one year earlier. Gunadi Sindhuwinata, Chairman of the Indonesian Motorcycle Manufacturers Association (AISI), informed that Indonesia's motorcycle sales have still not returned to normal levels in 2016.