Astra's car sales to grow by 10%

Astra's car sales to grow by 10%

JAKARTA: PT Astra International, Indonesia's leading automotive
producer, projects a 10 percent increase in their car sales this
year to maintain last year's market share of some 45 percent.

"We will likely maintain last year's market share of 45
percent of the projected total national car sales of 520,000
units this year," said Astra corporate secretary Amnuddin.

The growth target is actually lower than last year's sales,
that grew by 44 percent. In 2004, the company sold 211,970 units,
from a 2003 figure of 147,074 units. In 2003, Astra's market
share stood at 37.7 percent.

PT Astra International is a holding company with over 120
subsidiaries in 10 business sectors. Its core businesses are in
the automotive industry.

Astra International president director Budi Setiadharma said
the group would maintain its overall growth, not only from the
automotive sector, by 15 percent this year. -- JP/003