RI new vehicle sales down 0.8%

RI new vehicle sales down 0.8%

JAKARTA: New vehicle sales in Indonesia fell 0.8 percent on month to 26,892 units in July, car assemblers' association Gaikindo said Wednesday.

The country's largest vehicle maker 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 6.1 percent rise in sales to 11,328 units from 10,667 in June, Gaikindo said.

Commercial vehicles accounted for 24,295 units of total sales in July, down 2.9 percent from 25,044 in June.

Passenger car sales - a barometer of consumer confidence - were higher at 2,597 units, compared with 2,074 in June.

So far this year, Indonesian consumers have bought 185,794 new vehicles, the association said. -- Dow Jones