Gaikindo, Indonesia’s auto makers’ association, upwardly revises domestic vehicle sales forecasts to 320,000 units this year from 300,000, as the economy continues to show signs of stability. The strengthening of the rupiah against the dollar is credited with boosting car sales and strengthening the country’s economy. Lower inflation also has been a positive factor in raising consumer confidence. The rupiah has been rallying since the beginning of this year and now hovers at a 9-month ...
Premium Content (PAID Subscription Required)
"Printer-friendly" 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- andheavy-duty truck volumes
•Historical data and much more!
Current subscribers, please login or CLICK for support information.