Sat, 27 May 2000

Jakarta to hold auto expo

JAKARTA (JP): Amid increasing car sales, an automotive and accessories expo will be held on June 8 through June 11 at the Jakarta Convention Hall.

The organizer, PT Propamer International Organizer, said on Friday that about 60 authorized car dealers, general car importers, car accessories and insurance companies were expected to exhibit at the event.

The company expects at least 100,000 people to visit the four- day event and about Rp 100 billion (US$11.7 million) worth of transactions to take place.

Several popular brands of cars such as Mercedes-Benz, Volkswagen, Cherokee, Toyota, Mitsubishi and Timor, including their imported versions, will be displayed at the expo.

A number of car exhibitions have been held in Jakarta since early January this year as the country's automotive market is showing signs of recovery after being severely hit by the economic crisis in 1998 and 1999. (07)