Indonesian Political, Business & Finance News

New Corolla launched

New Corolla launched

JAKARTA (JP): PT Toyota-Astra Motor yesterday launched a new Corolla with more components made in Indonesia.

The new sedan, called Twin Cam 16 with a 1,600 cc engine, has an increase of local components, from 10 percent to 24 percent, the company's marketing director N. Nabata, told reporters.

He said the new car, available in four types including automatic transmission, is equipped with an air bag, electronic fuel injection and a computerized control system.

Nabata said the company targets monthly sales of 700 cars.

A company report said that total sales of Corollas in 1994 reached 7,022 cars, which represented a 41.7 percent share of the country's market of sedans of its class. (kod)

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