{
    "success": true,
    "data": {
        "id": 1527574,
        "msgid": "timor-distributor-drops-sales-target-from-4000-to-2500-1447893297",
        "date": "1997-03-26 00:00:00",
        "title": "Timor distributor drops sales target from 4,000 to 2,500",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Timor distributor drops sales target from 4,000 to 2,500 JAKARTA (JP): PT Timor Distributor Nasional, the distributor of Timor cars has lowered its sales target from 4,000 a month to between 2,500 and 3,000 a month because of low domestic demand. The company's new president director, Soemitro Soerachmad, said yesterday sales plunged to 980 units last month from 3,300 units.",
        "content": "<p>Timor distributor drops sales target from 4,000 to 2,500<\/p>\n<p>JAKARTA (JP): PT Timor Distributor Nasional, the distributor<br>\nof Timor cars has lowered its sales target from 4,000 a month to<br>\nbetween 2,500 and 3,000 a month because of low domestic demand.<\/p>\n<p>The company&apos;s new president director, Soemitro Soerachmad,<br>\nsaid yesterday sales plunged to 980 units last month from 3,300<br>\nunits.<\/p>\n<p>The high sales in January, which were above the company&apos;s<br>\ntarget, was because of the traditional buying spree before Idul<br>\nFitri, he said.<\/p>\n<p>The post-Idil Fitri slump was also normal, he said.<\/p>\n<p>&quot;Thus, the fall in sales last month was not only experienced<br>\nby Timor but also other automotive companies,&quot; Soemitro said.<\/p>\n<p>Since October Timor Distributor had sold 11,200 of the 16,000<br>\nSephia sedans it imported from South Korea&apos;s Kia Motors. It plans<br>\nto import 45,000 sedans this year. The Sephia sedans are<br>\nrelabeled here as the Timor S515.<\/p>\n<p>Soemitro said the company planned to sell 45,000 cars this<br>\nyear but was pessimistic this could be achieved in the present<br>\nmarket.<\/p>\n<p>He said Timor Distributor was targeting big buyers like state-<br>\nowned companies, big private companies and government offices to<br>\nlift sales.<\/p>\n<p>Soemitro promised they would not be coerced into to buying<br>\nTimor cars.<\/p>\n<p>The Timor national car project was undertaken by President<br>\nSoeharto&apos;s youngest son, Hutomo Mandala Putra, via his company PT<br>\nTimor Putra Nasional.<\/p>\n<p>The project has caused controversy because Hutomo was granted<br>\ntax and tariff breaks to import cars from its partner Kia Motors<br>\npending the completion of Timor Putra&apos;s manufacturing plant in<br>\nIndonesia.<\/p>\n<p>Timor Putra and Kia started building a plant in Cikampek, West<br>\nJava, earlier this year.<\/p>\n<p>The project has drawn protests from Japan, the United States<br>\nand the European Union. The World Trade Organization has yet to<br>\nsettle the dispute.<\/p>\n<p>Soemitro said Timor Putra had bought the patent of Sephia cars<br>\nfrom Kia. The agreement will be fully implemented when Timor<br>\nPutra starts making the cars at its Cakampek plant next year.<\/p>\n<p>Under the agreement on patent purchase Kia receives a<br>\npercentage of the sales of the Timor S515 as payment for the<br>\npatent.<\/p>\n<p>Timor Putra is entitled to sell the cars domestically only. It<br>\nneeded special approval from Kia to export the cars.<\/p>\n<p>Timor can freely export cars it makes which are different from<br>\nSephia sedans.<\/p>\n<p>&quot;The car is considered different from Sephia type however<br>\nsmall the changes we make in the platform, like using different<br>\nbumpers,&quot; he said.<\/p>\n<p>Soemitro said Timor Putra would launch a Jeep Timor 520, and a<br>\nnew Timor sedan, Timor S 515i, soon.<\/p>\n<p>Soemitro has replaced Soeparto Soejatmo as president director.<br>\nSoeparto has been appointed chairman of Timor&apos;s research and<br>\ndevelopment department. (jsk)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/timor-distributor-drops-sales-target-from-4000-to-2500-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
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