Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Industry / Indonesia

Vehicle Sales Register 4.7% Decline In October

November 2009 | Industry Brief

News: According to just-auto.com, data released by Indonesia's auto industry association Gaikindo indicates that vehicle sales reached 52,241 units in October 2009, down 4.7% from 54,813 units in October 2008. Despite the decline in sales, the figures reflect significant improvement over previous months, along with an improvement in consumer and business sentiment on the back of low interest rates.

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