Motorcycle sales in Malaysia have dropped since the implementation of GST, according to Koji Onishi, chief executive officer of Boon Siew Honda.
Speaking at the launch of the Honda Wave Dash FI at Berjaya Times Square, Kuala Lumpur, today, Onishi said between April and December 2015, 261,851 motorcycles were sold in Malaysia, compared to 324,180 units for the same period in 2014.
This represents a 19.22% decrease in sales numbers. “Retail sales were slower in October, November and December, with an average 6,600 unit sales monthly. In a nutshell, the motorcycle market is shrinking due to the economic downturn,” Onishi explained.
The launch of the Wave Dash FI is part of Honda’s plan to revitalise motorcycle sales in Malaysia. “Honda is putting effort into developing new models in order to sustain competitiveness. Boon Siew Honda will be launching more new models as part of efforts to re-energise the motorcycle market and increase overall sales volume,” Onishi said.
BS Honda have been raising prices for their more expensive models like the CB and CBR series. Previously can get at 37-39k now starts at 44k.
so decided to get a PCX but now will wait if they make any updates to it first.
Benz sales increased and he said economy slow. If not competitive, sales sure drop lah
How many units did Benz sold last year? And compare to the demographic purchasers of both products. How do you even draw these parallels? Really Talkonly.
New 2016 Honda Air BlaDE launched in Vietnam. Nice face lift..
We Rakyat know who to thanks too this sales drop and economic crisis.
maybe for city folks, but not at Kampung, coz they not use the internet, they news feed only come from buliten utama and berita national.
GST terbukti berjaya turunkan kos hidup, rakyat dah tak main motor da, now pakai Honda Cit, BRV, Mercedes.
Heil o wisest Maslan!
Ironically while the sales of motorcycles drops, the sales of mercedes benz is at an all time high. An obvious indicator that the poor is getting poorer while the rich is getting richer.
The rich use the company’s money to buy benz. The poor are buying 2nd hand cubcai from their minimal salary.
The comparison is by far amateurish and unclear. It’s not wise to use it as any indicator of sorts. Mercedes sales does not even exceed 9000 units this year. It’s an all time high to their own internal numbers, that’s all.
Maybe soon the number will recover if more drivers convert to riders/bikers.
Good also lar. Less rempit and snatch theft.
More kapcai, more rempit and snatch theft.
MP once said ‘price drop when GST implemented!’ …
Memang ler… org yang beli motorsikal ni selalunya kurang berkemampuan.. ditambah lagi dgn GST, mane nak cari duit lebih lagi…
With GST, price actually dropped. From 10% sales tax to 6% GST. So no more 10% sales tax, just 6% GST. But there is also 6% GST on insurance. The nett selling price is more or less the same.
Eee ni mesti sebab low loan approvals kan??
nobody buy kapchai becoz proton cars are sooooooooooo afordable??? NOT!!!
All in all, we MUST thanks all the dunggu ministers for screwing up the lives and economy of Malaysia.
Actually its some motor shop fault too . They use GST as excuse for higher downpayment and monthy pays -_-
puiii!!
why that day i go ah kow bike.. Yamahal R25 increase frm RM20K to RM25K on new year?
that day new year so meaningful. now day afraid to face new year. u know y..