2009 National Auto Market >> Sales of New Car close to 486K units

Finally! 2009 Cars Sales in Indonesia close to 486,000 units or fell 20% from 2008 cars sales. It’s over than 2009 targeted that GAIKINDO predicted in beginning year 2009 that only 430K units or decrease 30% from 607K units of year 2008. In beginning year 2009, national auto industry has still impact by economic crisis due sales of new cars had to have a negative correction. High inflation rate, the value of the Indonesia rupiah to foreign currency continued to decline, and high bank interest cause consumers to resist the urge to buy a new car. Especially at the beginning of 2009, most of car dealers raise its product prices up 20% from the previous price.

• car
• sales
• auto
• industry
• All