Indonesian Political, Business & Finance News

January car sales drop

| Source: JP

January car sales drop

JAKARTA (JP): Indonesia's domestic car sales dropped to 11,036
in January, compared to 15,348 a month earlier, according to data
from the Association of Indonesian Automotive Industries.

Exports of vehicles also dropped to 2,204 in January from
3,527 in December.

Indonesia's largest automaker, PT Astra International, still
dominates domestic and export car markets by 48 percent and 99
percent respectively.

Overall sales -- both national and export -- fell to 13,240
from 18,875, raising fears about whether a hoped-for pickup in
sales this year would take place. However, the January slump may
only be seasonal.

In the motorcycle market, total domestic sales also dropped to
40,498 in January from the 51,279 sold a month earlier. Of the
total, Astra motorcycle sales reached 21,555 compared to 28,032,
which were sold in December.

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