Indo Cycle Industry Keeps Growing
November 3, 2006
Filed under Uncategorized
Already the third largest motorcycle market in the world, Indonesia continues to mark rapid industry growth.
The Indonesian Motorcycle Industry Association (AISI) said 494,115 two-wheelers were sold there in September. The AISI said that was the best monthly sales result since September 2005, when 452,876 units were sold.
Three of the four major powersports companies from Japan account for the lion’s share of Indonesia’s motorcycle industry.
See the November 13 issue of Powersports Business magazine for reports on a number of foreign markets.