Auto sales in March ride high

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manis
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Lid geworden op: wo feb 26, 2014 1:47 pm

Auto sales in March ride high

Bericht door manis » do apr 17, 2014 7:51 am

Based on sales figures released by the association of Indonesian automotive manufacturers (Gaikindo) and the association of Indonesian motorcycle manufacturers (AISI), car sales in March reached 113,079 units, up 18 percent year-on-year (y-y) and 1 percent month-on-month (m-m), while the sales of motorcycles totaled 725,600 units, up 9 percent y-y and 7 percent m-m (chart 1 & 2).

Astra International (ASII) booked March sales of 58,000 units, a 13-percent increase y-y, but a 4-percent decline m-m, reflecting lower market share of 51.3 percent (in March 2013 it held 53.5 percent). While the sales of its low cost green car (LCGC) models Agya and Ayla continued to book strong growth, sales of the Xenia and Avanza were limited by strong Honda Mobilio sales throughout the month.

Read more: http://www.thejakartapost.com/news/2014 ... -high.html

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