2.9% sales dip seen in two-wheeler sales in Indonesia
Indonesian two-wheeler market, which is recognized as the third largest two-wheeler market in world, has surprisingly recorded a decline in the sales of vehicles during the month...
Indonesian two-wheeler market, which is recognized as the third largest two-wheeler market in world, has surprisingly recorded a decline in the sales of vehicles during the month of January 2012. The industry report published for the month of January reveals that 645,863 units were sold during the month, which as compared to sales of January 2011 has fallen back by 2.9%. Although this sales figure is 40.2% higher than the sales made during the month of December 2011, in which 460,355 units of two wheelers were sold in the Indonesian market.
As far as individual performance of renowned two wheeler manufacturing companies are concerned, Honda, which is recognized as Astra Honda and is one of the largest two-wheeler manufacturer in Indonesia, has recorded the sales of 382,635 units during the month of January 2012 which is 15.4% higher than the sales made during January 2011 by company. Honda is the only company in two-wheeler segment that has recorded growth in sales for the month of January 2012. On the other side, the second largest two wheeler manufacturing company Yamaha sold out 205,304 units during the month of January which is 54% higher than the sales made during the month of December 2011, which recorded the sales of 133,403 units.
It would be important to mention here that flood situation in Thailand is considered as one of the major reason of dip in sales during the months of December 2011 and January 2012. It is expected that the situation will improve in the coming days and sales will pick up pace; the industry will be able to achieve its target of selling 9 million units of two wheelers by the end of this year. The flood situation in Thailand has also affected the production of bikes in Indian bike market.