Domestic Cars Sales Rise Up!

Posted on March 11th, 2011 at 1:03 am by Farah Fitriani


(Reuters) – Indonesia’s total domestic car sales, an indicator of consumer demand in Southeast Asia’s biggest economy, were 69,489 units in February, up 24.8 percent from the same month last year, automotive association data showed on Tuesday.

However, domestic car sales in February declined 5.8 percent from January’s 73,761 units. {ID:nL3E7DM09B]

Sales volumes in February were led by Toyota as usual, though Mitsubishi displaced Daihatsu for the second spot, according to the Indonesian Automotive Association (Gaikindo) data.

The country’s largest automotive distributor Astra International has said it expects car sales volumes of 800,000 units this year. (Reporting by Telly Nathalia; Editing by Neil Chatterjee)

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