{
    "success": true,
    "data": {
        "id": 1484377,
        "msgid": "indonesian-carmakers-set-for-new-sales-record-high-1447893297",
        "date": "2004-10-21 00:00:00",
        "title": "Indonesian carmakers set for new sales record high",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Indonesian carmakers set for new sales record high The Jakarta Post, Jakarta There is strong evidence that the Association of Indonesian Automotive Manufacturers (Gaikindo) will surpass its 1997 sales record, given the pace they are on through the third quarter of 2004. Gaikindo records show that 348,635 vehicles were sold in the first nine months of the year, with 45,354 units sold in September.",
        "content": "<p>Indonesian carmakers set for new sales record high<\/p>\n<p>The Jakarta Post, Jakarta<\/p>\n<p>There is strong evidence that the Association of Indonesian<br>\nAutomotive Manufacturers (Gaikindo) will surpass its 1997 sales<br>\nrecord, given the pace they are on through the third quarter of<br>\n2004.<\/p>\n<p>Gaikindo records show that 348,635 vehicles were sold in the<br>\nfirst nine months of the year, with 45,354 units sold in<br>\nSeptember.<\/p>\n<p>The association expects hefty sales of about 420,000 units<br>\nthis year, especially after the nation experienced a relatively<br>\npeaceful election period, with Susilo Bambang Yudhoyono and Jusuf<br>\nKalla elected.<\/p>\n<p>Most carmakers expect the new administration to quickly<br>\nimprove Indonesia's infrastructure, as well as clear automotive<br>\npolicies to allow even higher sales, especially under the ASEAN<br>\nFree Trade Agreement (AFTA).<\/p>\n<p>Indonesia reached its sales peak in 1997 with 386,691 units<br>\nsold before the monetary crisis hit. Sales plummeted to just<br>\n58,000 in 1998.<\/p>\n<p>The figure returned to 300,000 in 2000, although it had yet to<br>\nreach precrisis figures. Last year, 354,311 vehicles were sold,<br>\nan increase of 11.5 percent compared to 2002.<\/p>\n<p>As of September, the local subsidiary of Japanese carmaker<br>\nToyota, PT Toyota-Astra Motor (TAM), snatched the lion's share of<br>\n99,798 units, or 28.6 percent, compared with 76,591 units over<br>\nthe same period last year.<\/p>\n<p>In September, Toyota sold 11,414 units, fueled by the release<br>\nof the new Toyota Kijang Innova and Toyota Avanza multipurpose<br>\nvehicles (MPVs). Some 3,234 Innovas and 4,190 Avanzas were sold.<\/p>\n<p>The company is hoping for total sales of 140,000, or 33<br>\npercent of market share this year.<\/p>\n<p>Another Japanese subsidiary, PT Honda Prospect Motor (HPM),<br>\nreported its highest monthly sales in 30 years of operation in<br>\nIndonesia.<\/p>\n<p>September saw 5,600 Hondas sold, including 3,795 of the Honda<br>\nJazz. In total, 34,209 vehicles have been sold so far, a two-fold<br>\nincrease compared to last year's figure of 16,274 in the January<br>\nto September period.<\/p>\n<p>Meanwhile, American carmaker PT Ford Motor Indonesia (FMI)<br>\nsold on Oct. 14 its 10,000th car after returning to the<br>\nIndonesian market in 2002.<\/p>\n<p>So far PT FMI has sold 4,630 units, an increase of 67 percent<br>\ncompared to the same period last year. The company sold 801 units<br>\nin September, while it hoped to reach a total of 6,000 by the end<br>\nof this year.<\/p>\n<p>In the premium segment, German carmaker PT BMW Indonesia<br>\nclaimed a 42.4 percent market share of 1,393 vehicles, with 213<br>\nunits delivered in September.<\/p>\n<p>Another German carmaker, PT DaimlerChrysler Indonesia sold<br>\n1,695 units, delivering 247 in September.<\/p>\n<p>The figures also include commercial vehicles such as buses and<br>\ntrucks.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/indonesian-carmakers-set-for-new-sales-record-high-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}