The Indonesian Motorcycle Industry Association (AISI) is feeling pretty positive about the growth of the two-wheeler market in the country. Because of this, they've updated their sales forecasts for the next year.
AISI Chairman Johannes Loman shared that they’re aiming for at least 6.4 million motorcycle sales in 2025, which is a slight bump from this year's target of 6.2 million units.
"The expected demand for next year is estimated to be between 6.4 and 6.7 million units annually. We urge industry players to get creative and come up with advanced, affordable, and eco-friendly vehicles," Loman said at the launch of the IMOS 2024 exhibition in Tangerang on Wednesday (October 30).
From January to September 2024, Indonesia saw motorcycle sales hit 4.87 million units, marking a 3.19 percent increase compared to the same period last year. This means manufacturers need to sell an extra 1.33 million units in the last three months to hit the 6.2 million goal.
To help achieve this goal, we host the IMOS exhibition every year. This time around, we’ve even made the venue bigger and brought in more participants, he mentioned. The hope is that the IMOS exhibition will boost motorcycle sales, which have taken a hit because of the pandemic, he added.
The IMOS 2024 exhibition is happening right now at ICE BSD in Tangerang, running from today, Wednesday (October 30) until Sunday (November 3). A bunch of motorcycle brands from Indonesia are showing off their products, including Honda, Yamaha, Kawasaki, Suzuki, TVS, Royal Enfield, and Harley-Davidson.
Plus, there are several electric motorcycle brands in the mix, like ALVA, Electrum, Horwin, Polytron, Volta, ION Mobility, and V Move, among others. "We think that showcasing a lot of new models will attract visitors and help push the automotive industry forward," Loman said.