Indonesia car sales hit record high as Nov sales jump 53.3 pct y/y

Newswire

JAKARTA, Dec 12 (Reuters) - Indonesia's domestic car sales hit a record high of 1 million vehicles so far this year after 103,699 were sold in November despite higher downpayment requirements, industry data showed on Wednesday. Indonesia sold 1.02 million cars as of November and is likely to pass the industry's target of 1.08 million cars for the year. November sales surged 53.3 percent on an annual basis, but slipped 2.9 percent from October. According to data from the Indonesia ...

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