New vehicle models, growth in the commercial-vehicle segment and a stable economic outlook will see Indonesian sales this year climb 4.3% to 797,258 units. So says consultancy-firm Frost & Sullivan Ltd. in a new report that finds Indonesia’s significant young population will provide an impetus for vehicle-sales growth in the long term. “Indonesia’s automotive industry is likely to hit 1 million-vehicle sales in 2014, mainly driven by the country’s huge population,” says Vivek ...
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