{
    "success": true,
    "data": {
        "id": 1119661,
        "msgid": "auto-expo-ends-on-high-despite-early-jitters-1447893297",
        "date": "2001-07-30 00:00:00",
        "title": "Auto expo ends on high despite early jitters",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Auto expo ends on high despite early jitters JAKARTA (JP): The nine-day Gaikindo 11th Auto Expo 2001 ended on Sunday with total sales expected to surpass Rp 400 billion (US$40 million), matching last year's level. Chairman of the expo's organizing committee Danny Budiharto said that, up until Friday, transactions had reached Rp 303 billion.",
        "content": "<p>Auto expo ends on high despite early jitters<\/p>\n<p>JAKARTA (JP): The nine-day Gaikindo 11th Auto Expo 2001 ended<br>\non Sunday with total sales expected to surpass Rp 400 billion<br>\n(US$40 million), matching last year's level.<\/p>\n<p>Chairman of the expo's organizing committee Danny Budiharto<br>\nsaid that, up until Friday, transactions had reached Rp 303<br>\nbillion.<\/p>\n<p>\"Visitors usually buy cars approaching the end of the expo,<br>\nafter they have finished looking around,\" Danny told The Jakarta<br>\nPost on the sidelines of a ceremony held to officially close the<br>\ncountry's most prestigious auto expo.<\/p>\n<p>He said that 2,308 cars had been sold at the expo as of<br>\nFriday.<\/p>\n<p>He added that South Korea's Hyundai car was \"the star\" of the<br>\nexpo, booking the highest sales.<\/p>\n<p>Danny said that Hyundai received 230 purchase orders, beating<br>\nbig Japanese brands such as Toyota and Honda, which only received<br>\n90 and 80 orders respectively.<\/p>\n<p>\"It's no wonder Hyundai books more orders than others. The<br>\ncars are less expensive and also look good,\" he said.<\/p>\n<p>Indonesian Association of Automotive Industries (Gaikindo)<br>\nchairman Bambang Trisulo was relieved that the auto expo could be<br>\nheld without being disrupted by last week's presidential<br>\nelection, which some experts had initially predicted could<br>\ntrigger conflict.<\/p>\n<p>\"Thank God that we have successfully completed the event after<br>\nsuch an uneasy period,\" Bambang said.<\/p>\n<p>\"The success certainly helped raise confidence in the<br>\neconomy,\" he added.<\/p>\n<p>The People's Consultative Assembly (MPR), the country's top<br>\nlegislative body, elected Megawati Soekarnoputri as the country's<br>\nnew President early last week, several minutes after dismissing<br>\nAbdurrahman Wahid. The latter had earlier made a futile attempt<br>\nto suspend the Assembly and the House of Representatives. The<br>\npresidential election ends a standoff between Abdurrahman and<br>\nlawmakers which has endured for months.<\/p>\n<p>Danny said that the political event had affected the number of<br>\nvisitors at the expo, particularly during the first four days, as<br>\ntension in the capital rose in the leadup to the MPR Special<br>\nSession.<\/p>\n<p>He said that visitors had only reached 120,000 people by<br>\nFriday, far lower than last year's 250,000 visitors.<\/p>\n<p>He said that the total number of visitors was expected to<br>\nreach 150,000 by the time the expo had concluded, which is only<br>\nhalf the organizer's initial target of 300,000.<\/p>\n<p>The venue for the auto expo, the Jakarta Convention Center, is<br>\nonly a few hundred meters away from the MPR building where<br>\nlawmakers held their session, and is heavily guarded by the<br>\nmilitary and police.<\/p>\n<p>At the expo, Hyundai displayed several car models including<br>\nthe 1,600 cc Matrix mini-multipurpose van (MVP), 1,500 cc Accent<br>\nsedan, 2,000 cc and 2,700 cc Trajet vans, 1,000 cc Atoz city car,<br>\nand the 2,400 cc and 2,700 cc Santa Fe sports cars.<\/p>\n<p>From the 230 orders received by Hyundai, Matrix booked 98<br>\norders, Accent 83, Trajet 21, Atoz 16 and Santa Fe the remaining<br>\n12. The price of a Matrix starts at Rp 157 million.<\/p>\n<p>Meanwhile, the newly launched Corolla Altis, with 67 sales,<br>\ndominated Toyota's sales at the expo, followed by the popular<br>\nKijang van with 15 sales.<\/p>\n<p>Another Japanese maker, Honda, which launched its new Civic<br>\nearly this year, did not receive many orders for the new car.<\/p>\n<p>The Honda City sedan was the star performer at Honda's stand<br>\nduring the expo, with 32 cars ordered.<\/p>\n<p>European cars such as Renault, Jaguar, Volvo, VW and Audi<br>\nrecorded low sales due to their high prices.<\/p>\n<p>Renault led the European car sales with 38 purchases, Jaguar<br>\nwith 32, Volvo 20, VW 11 and Audi 8.<\/p>\n<p>Gaikindo estimated that car sales in the country would hit<br>\naround 280,000 units this year, lower than last year's sales of<br>\nabout 300,000 cars.<\/p>\n<p>As of June, national sales stood at 148,000 units, an increase<br>\nof 15 percent from the 128,000 cars sold in the same period last<br>\nyear.(05)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/auto-expo-ends-on-high-despite-early-jitters-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
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