Gunadi Sindhuwinata, AISI’s chairman, said the drop in motorcycles sales this year will be mainly caused by the decline in consumers’ purchasing power following the implementation of minimum downpayment policy for syariah motorcycle loan.
He said the increase in electricity tariff will also push down people’ purchasing power for motorcycle.
In 2012, national motorcycle sales also declined 11.8% to 7.06 million units compared to 2011 sales. Astra Group, though its unit PT Astra Honda Motor (AHM) sold 4.09 units of motorcycles in 2012, holding market shares of 58%. (hans@theindonesiatoday.com)