Monday, November 30, 2009

Motorcycle sales gain traction in Cambodia after slow year

PHNOM PENH, Nov. 30 (Xinhua) -- Motorcycle dealers in the capital Phnom Penh say sales have finally started to pick up following this year's downturn prompted by the global economic crisis, as buyers spend money generated in the provinces on upgrading to new models that have recently entered the market for 2010, local media reported on Monday.
Kim Chhay, one of the many dealers who operate on Phnom Penh's Sihanouk Boulevard, was quoted by the Phnom Penh Post as saying that sales had risen between 10 and 20 percent since October "due to demand for new models" of brands including Honda, which he said had recently launched its 2010 range.
Having seen sales plummet from around 100 units a month to between 30 to 40 during the first 10 months of 2009, he said sales have climbed. "Now we're selling around 60 motorbikes per month."

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