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January 25, 2008

Sales of car tires up 7.3% to 42.4mn in 2007

Car tire sales rose 7.3 per cent to around 42.4 million units in 2007 from 39.5 million units in the previous year.

Sales to car makers shot up 33 per cent to 2.34 million units from 1.8 million units, the Association of Tire Makers (APBI) said yesterday.

APBI chairman Aziz Pane said sales to car plants were boosted by strong demand for cars on the domestic market.

After market sales for replacement totaled 8.2 million units up 9.8 per cent from 7.5 million units, Pane said.

Indonesia exports most of its tire production.

Earlier Pane said Indonesia's tire exports were estimated to reach US$1 billion with declining supply from China, one of the world's largest supplier.

Courtesy Antara

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