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1 April 2010

Indonesia’s car output seen rising 51% this year

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Indonesia’s car production is predicted to shoot up 51 percent to more than 700,000 units this year from 464,000 last year.

Production will be boosted by strong sales on the domestic and export markets, national news agency Antara reported, quoting the association of motor vehicle industries.

Around 600,000 units of the production will be disposed of on the domestic market and the rest for exports, association chairman Sudirman MR said.

In the first two months of this year car sales surged 58 percent to 108,487 units from 68,633 units in the same period last year, Sudirman said.

Indonesia’s car exports in 2010 are expected to return to a pre-crisis level on the rebounding global economy, national news agency Antara quoted an Industry Ministry official as saying.

Car exports in January and February 2010 rose compared to the same period last year, the ministry’s director of land transportation and aviation equipment industries, Panggah Susanto said here on Saturday.



 

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