Mabua Harley-Davidson Indonesia president Djonnie Rahmat said the company was saddled by tax increases and weakening rupiah which had put pressure on the import of Harley-Davidson and will no longer be selling the brand in Indonesia.
"We are closing down business due to plunging sales at all Mabua outlets. We recorded peak sales in 2013 with 991 motorcycles sold, but sales gradually fell to 471 in 2014 and 483 in 2015," he was quoted by Media Indonesia as saying.
Mabua Harley-Davidson Indonesia has nine dealerships in five cities in Indonesia and they would also be closing down.