May new vehicle sales down

May new vehicle sales down

JAKARTA: New vehicle sales in Indonesia fell 3.4 percent in May from the previous month to 28,365 units, the car assemblers association, Gaikindo, said Thursday.

PT Astra International - which has a joint venture with Toyota Motor Corp. to assemble and distribute the Japanese company's vehicles in Indonesia - saw a 3.7 percent drop in sales to 12,278 units, Gaikindo said.

New commercial cars accounted for 26,296 units of total sales, down 1.2 percent.

New passenger car sales - a barometer of consumer confidence - were down 19.2 percent at 2,069 units.

So far this year, Indonesian consumers have bought 131,778 new vehicles, the association said. -- Dow Jones