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Today's Headlines Astra Honda Motor

  • Astra's Earnings Undermined by Indonesia's Bleak Purchasing Power

    Car and motorcycle sales of the Astra Group, one of Indonesia's largest diversified conglomerates, still show no positive signs in the first half of 2017. Fransiscus Soerjopranoto, Executive General Manager at Toyota Astra Motor, said this Astra unit's retail sales fell 0.8 percent year-on-year (y/y) to 186,365 units in the first six months of 2017. This bleak performance is attributed to Indonesians' weaker consumer purchasing power.

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  • Motorcycle Sales in Indonesia Rebound in September 2014

    Motorcycle sales in Indonesia increased 16.0 percent month-on-month (m/m) to 711,857 units in September 2014. Sigit Kumala, Chairman for Commercial Affairs at the Indonesian Motorcycle Association (AISI), said that improved motorcycle sales are caused by the start of the harvest season in several regions across Southeast Asia’s largest economy. Successful harvests have put downward pressure on commodity prices and thus have a positive impact on Indonesian’s purchasing power.

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