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MODENAS TARGET TO SELL 65000 MOTORCYCLES AFTER LAUNCHING OF NEW MODEL

By • Mar 24th, 2009 • Category: ! Product News, Vehicles

MODENAS TARGET TO SELL 65000 MOTORCYCLES AFTER LAUNCHING OF NEW MODEL

Modenas hope to sell 65000 models of their motorcycles. This includes the newly launched GT 128 that priced at RM4888. Modenas has made few steps to improve their sales and we just wait and see about their achievement for this year in terms of sales. Below are some news related to this matter by btimes.

MODENAS TARGET TO SELL 65000 MOTORCYCLES AFTER LAUNCHING OF NEW MODEL

MOTORSIKAL dan Enjin Nasional Sdn Bhd (Modenas) hopes to sell 65,000 motorcycles this year, an increase of nine per cent from the previous year, despite the current economic slowdown, said chief executive officer, Abdul Harith Abdullah.

“The company aims to sell 60,000 units in the local market and 5,000 units overseas such as Iran, Vietnam and Greece,” he told reporters after the launch of its new model GT 128 motorcycle in Shah Alam today.

He said the new GT 128, targeted at customers aged between 25 and 35 years old, would be sold at RM4,888, excluding road tax and insurance.

Abdul Harith said the company aimed to increase its market share to 15 per cent from 12 per cent for the financial year ended March 31, 2010 boosted by the launch of the new model.

On the industry outlook, Abdul Harith said Modenas expected the overall motorcycle sales for this year to fall by 26 per cent to 400,000 units compared with 544,000 units in 2008.

“The overall market for local motorcycles will continue to be slow,” he said. – Bernama

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