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