Indonesia Autos Report - Q4 2014

Business Monitor International
September 10, 2014
79 Pages - SKU: BMI5325599
Countries covered: Indonesia

Indonesia Autos Report - Q4 2014

We forecast the passenger car segment to continue outperforming the commercial vehicle (CV) segment in2014. Despite that, we expect a slight slowing in car sales growth to 8.5% in 2014. Auto sector growth willrebound to previous levels in 2015, with a 9.6% rise.

According to Association of Indonesian Automotive Industries (Gaikindo), domestic vehicle sales inJune 2014 came in at 110,560 units, an increase of 6.0% year-on-year (y-o-y). Sales were boosted by thelow-cost green car (LCGC) segment. This brought total H114 sales to 642,323 units, an increase of 6.7% yo-y. For 2014, we forecast auto sales to grow 7.1%, to 1.32mn units. Production figures have remainedsteady in 2014. In June they were recorded at 116,840 and are expected to increase gradually in the secondhalf of 2014 and into 2015.



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