Automotive - after a two-month surge, 2W sales plunged in Mar ‘26

Automotive - after a two-month surge, 2W sales plunged in Mar ‘26 Motorcycle sales experienced a decline throughout Mar ‘26. Data from the Indonesian Motorcycle Industry Association (AISI) reported that two-wheeled vehicle sales in Mar ‘26 reached 448,974 units, a decrease of 22.37% from Feb ‘26 sales of 578,354 units. Therefore, when totaled, two-wheeled vehicle sales in the 1Q26 reached 1,614,091 units. This figure represents 25% of the motorcycle sales target for ‘26F, which is set at 6.4-6.7 mn units, unchanged compared to last year's target. Nevertheless, the figure decreased compared to motorcycle sales in the first quarter of 2025, which amounted to 1,683,262, or a yoy decline of 4.11%. Quoted from the AISI, motorcycle sales for CBU exports also experienced a decline. CBU exports throughout Mar ‘26 recorded sales of 48,970 units. This figure decreased by 8,718 units compared to the achievement in Feb ‘26, which recorded sales of 57,688 units, or a decrease of about 15% mom. Meanwhile, CKD motorcycle exports also experienced a decline in Mar ‘26, reaching only 488,279 components, compared to Feb ‘26, which reached 636,576 components. From the spare parts export side, AISI recorded that Mar ‘26 was only able to ship 9,113,331 units, down from its sales record of 14,318,779 units. (Source : Bloomberg Technoz)