Indonesia’s Car Sales Zoom Past Thailand
Alvin Darlanika Soedarjo | July 29, 2010
Indonesian visitors walk among car during Indonesia's International Motor Show in Jakarta, Indonesia, on Sunday. Indonesia's car sales, an indicator of consumer demand in Southeast Asia's biggest economy, rose 21 percent to 370,208 units in the first half of 2010 versus the same period last year. Indonesia's largest automotive distributor PT Astra International expected this year's vehicle sales to rise to a record of 650,000 units or even up to 700,000. (EPA Photo/Bagus Indahono) Related articles
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Indonesia. Indonesia has hit the fast lane in auto sales, overtaking Southeast Asian pace-setter Thailand for the first time, according to a Nikkei survey covering the first six months of the year.
Officials and auto executives attending the 18th Indonesia International Motor Show in Jakarta said the outlook for sales had never been brighter.
“Since late 2009 and early 2010, all auto brands and producers have been trying to increase production capacity in Indonesia” to meet demand, industry ministry official Budi Darmadi said.
“Compared to other countries in the region, we have the fastest growth of car sales.”
Sales peaked in Indonesia at 600,000 units in 2008 but slumped 20 percent last year due to the global financial turmoil. This year’s sales are expected to top 700,000 for the first time, topping Thailand.
The Association of Indonesian Automotive Industries (Gaikindo) said car sales in Indonesia had jumped 76 percent to 370,206 vehicles in the first half of 2010, driven by strong demand for minivans.
Sales in Thailand rose 54 percent to 356,692 units during the same period, according to the Nikkei survey released on Wednesday.
Some 1.18 million new vehicles were sold in Indonesia, Thailand, Malaysia, the Philippines, Vietnam and Singapore during the first half, it said.
This was an increase of 41 percent and put the industry on track to surpass the 2008 sales record of 2.09 million units for the six key Southeast Asian markets.
The news will be music to the ears of Toyota executives — Japanese cars account for about 80 percent of sales in those countries. Multipurpose models like Toyota’s Avanza — a four-door family hatchback — alone make up 30 percent of total sales in Indonesia, Nikkei said
Agence France-Presse
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I can already imagine how many future Nobel prize laureate will be coming from the ranks of these students. And of course how many Nobel Prize winn -
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Ladygaga is my new heroine, she has more balls than our President and so-called majority peace-loving moderate but silent Muslims.. Now bataks shou -
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blightyboy, The cases emerged my friend was pointing out were in their late thirties up to late forties. Most of the cases go indetected according -
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tell that to the journalist that just got stabbed by the government minister. The US needs to hurry up and sell these apes some artillery so they c -
9:02pm | Indonesia ‘Most Tolerant Count...
Jubal.Harshaw: post of the day sir. -
8:47pm | Most Still Unaware of Indonesi...
Good one, i believe it's the first country in the region(S.E.Asia) doing so, beside Australia and kiwi. -
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@JohnnyFool I strongly believe everyone is entitled to speak freely on any topic . Those thugs have so many different fundamental b -
8:29pm | Indonesia ‘Most Tolerant Count...
22 - read the artice - most the people they reffering to are Indonesians NOT overseas. Its ok anyway because Indons have the highes
