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Indonesia's motorcycle sales expected to rise amid rising demand

0 Comment(s)Print E-mail Xinhua, October 31, 2024
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JAKARTA, Oct. 31 (Xinhua) -- Sales of motorcycles in Indonesia, a key indicator of middle-class purchasing power, are expected to rise to 6.5 million units this year, up from 6.2 million units in 2023, according to the Motorcycle Industry Association.

Johannes Loman, head of the association, attributed this increase to consumer interest in products with advanced technology, as reported by local media on Thursday.

"We forecast motorcycle sales to reach between 6.35 million and 6.46 million units this year, and hopefully as high as 6.5 million units," Loman said. Data from the association shows that motorcycle sales from January to September rose by 3.19 percent year-on-year, reaching 4.87 million units.

Looking ahead, the association anticipates sales to climb to 6.7 million units next year. To meet this growing demand, Loman emphasized the industry's commitment to innovation, focusing on producing more technologically advanced and eco-friendly motorcycles. Enditem

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