[lbo-talk] Indonesia's 2008 motorbike sales may top 6 mln - Astra

uvj at vsnl.com uvj at vsnl.com
Sat Aug 9 15:11:32 PDT 2008


UPDATE 1-Indonesia's 2008 motorbike sales may top 6 mln - Astra http://www.reuters.com/article/rbssAutoTruckManufacturers/idUSJAK23440720080805?sp=true

Tue Aug 5, 2008

(Adds details, background)

JAKARTA, Aug 5 (Reuters) - Indonesia's domestic motorcycle sales may hit a record 6 million units in 2008 as strong coal and palm oil prices provide a boost to consumer spending, automotive distributor PT Astra International Tbk ASII.JK said on Tuesday.

That all-time high in sales would represent a 28 percent increase from 2007, when 4.7 million units were sold. Annual motorcycle sales previously peaked in 2005 at 5.07 million units. http://www.reuters.com/article/rbssAutoTruckManufacturers/idUSJAK23440720080805?sp=true



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