Prolonged Iraq war could mean Astra production cuts

Newswire

JAKARTA, March 27 (Reuters) - Leading Indonesian carmaker Astra International said it might consider cutting output should the U.S.-led war against Iraq be prolonged and significantly affect sales. "If the war become prolonged and we see a declining trend in our sales we must cut back our production -- it is the logical way," Budi Setiadharma, the president director of the company, told Reuters on Thursday. Singapore's Cycle and Carriage holds a 35.05 percent stake in Astra. By the end ...

Premium Content (PAID Subscription Required)

"Prolonged Iraq war could mean Astra production cuts" 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 WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.

Sponsored Introduction Continue on to (or wait seconds) ×