Motorcycle manufacturers are looking to Indonesia with renewed hopes, as the Asian country posted a strong growth in terms of motorcycle sales during the first six months of the year. Between January and June, the number of sales with two-wheeled vehicles reached 3.3 million units, which represents an increase of 13% compared to same period of 2017, according to Indonesian Motorcycle Industry Association (AISI).
AISI reveals that the growth hasn’t happened because of the launch of new models, but instead it’s a direct result of Government being able to control inflation, and that means improved purchasing power.
As for who sells most in Indonesia, Honda remains the market’s leader with a 70,5% market share, followed by Yamaha with 25,8%. Suzuki, Kawasaki and TVS followed with market shares of 1,6%, 1,4% and 0,5% respectively.
But even if the growth has been huge during the first half of 2018, AISI is still reluctant to change its predictions for the market in 2018. They still believe the market growth by the end of the year will be between 3 or 4%, and the reason for that is the trade war between the United States and China.