Domestic vehicle sales rise 32%<\/p>\n
JAKARTA : Indonesia's auto sales in the domestic market rose
\n32 percent in September from a year before, faster than August's
\ngrowth, PT Astra International said, citing figures from the
\nAssociation of Indonesian Automotive Industries.<\/p>\n
A total of 45,369 units were sold in the domestic market in
\nSeptember, from 34,396 units in the same month last year, Astra,
\nthe country's biggest auto distributor said in an e-mailed
\nstatement, citing association figures. Astra itself sold 18,324
\nunits to the local market last month, the company said.<\/p>\n
In August, total domestic sales rose to 38,695 units, 29
\npercent higher than 30,052 units, which were sold in the same
\nmonth last year, Astra said last month.<\/p>\n
Faster economic growth and record-low interest rates are
\nhelping Astra and rival PT Indomobil Sukses International sell
\nmore cars in the country of 235 million people. Most car
\npurchases are funded by loans. Indonesia's economy, Southeast
\nAsia's biggest, may have expanded as much as 4.9 percent in the
\nthird quarter, the central bank said.<\/p>\n
Indonesian carmakers included in the association sold 348,736
\nunits in the nine months ended Sept. 30, Astra said. That's about
\n30 percent more than 268,550 cars they sold in the same period
\nlast year. Astra sold 154,514 cars in the nine-month period, 38
\npercent more than the same period last year. -- Agencies<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/domestic-vehicle-sales-rise-32-1447893297",
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"sponsor": "Okusi Associates",
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