RI's new vehicle sales down 9.8%

RI's new vehicle sales down 9.8%

JAKARTA: New vehicle sales in Indonesia fell 9.8 percent on month to 30,050 units in August, the car assemblers' association, Gaikindo, said Thursday.

Passenger car sales - a barometer of consumer confidence - fell to 3,101 units from 4,338 in July.

Commercial vehicles accounted for 26,949 of all vehicles sold, down from 28,970 units a month earlier, the association said in a statement.

So far this year, Indonesian consumers have bought 234,162 new vehicles, Gaikindo said.

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 12 percent on-month decline in domestic sales to 15,384 units in August. -- Dow Jones