Indonesian new-vehicle sales jumped 66.5% in May to 38,333 units, up from 23,079 year-ago. The performance marked the best for any month since October 2005. The data, released by the Indonesian automotive industries association Gaikindo, shows year-to-date sales up 26.5% to 158,189 units, from 125,011 vehicles in like-2006. The reversal of fortunes has followed the Bank of Indonesia’s decision to reduce interest rates. Vehicle sales dived last year when the rate hit 12.75% in May, but ...

Premium Content (PAID Subscription Required)

"Lower Interest Rates Spark Indonesia Sales Boom" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.