Kawasaki Revises Down Indonesia Motorcycle Sales

BY :CARLA ISATI OCTAMA

JUNE 02, 2015

Jakarta. Kawasaki Motor Indonesia, the Indonesian unit of Japan’s Kawasaki Heavy Industries, has revised its sales target in 2015 to 117,000 motorcycles, down from the initial target of 157,000 units, citing a weak national motorcycle market this year.

“We have revised our sales target so we don’t overproduce," Michael Chandra Tanadhi, Kawasaki Motor Indonesia's deputy department head for sales and promotion, said on Monday.

Kawasaki’s wholesales reached 51,418 motorcycles from January to April this year, rising by 7.8 percent in the same period of 2014.

However, Michael noted that monthly average sales has dropped from last year's 12,000 units.

"[That] is a little worrisome," he said.

Indonesia motorcycle sales fell 19 percent in the first three months this year to 1.61 million units, from 1.98 million units in the same period a year ago, according to data from the Indonesian Motorcycle Industry Association (AISI). The association now expects total sales to reach just 6.9 million units this year, down from initial target of 7.9 million units.

Investor Daily

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