Below is a list with tagged columns and company profiles.

Today's Headlines Car Industry

  • Automotive Industry Indonesia: New Player Arrives from China

    Automotive Industry Indonesia: New Player Arrives from China

    Chinese car manufacturers seem not afraid to compete with their Japanese counterparts on Indonesian soil. After Wuling Motors arrived in Indonesia in mid-2017, now another Chinese car-maker, Sokonindo Automobile, has started operations in Indonesia, Southeast Asia's largest car market.

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  • Automotive News Indonesia: Modest Car Sales Growth in October

    Automotive News Indonesia: Modest Car Sales Growth in October

    Based on the latest data from the Association of Indonesian Automotive Industries (Gaikindo), automotive sales in Indonesia rose 2.6 percent year-on-year (y/y) to 94,461 vehicles in October 2017 on the back of rising demand for commercial vehicles. Growing demand is boosted by recovering coal and crude palm oil (CPO) prices.

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  • Indonesia's Export of Completely Built Up Car Units Surge in Q1-2017

    Indonesia's Export of Completely Built Up Car Units Surge in Q1-2017

    Indonesian exports of completely built up (CBU) car units surged in the first quarter of 2017, a development that may indicate that global economic growth is improving (specifically in the export destination nations). Based on data from the Indonesian Automotive Industry Association (Gaikindo) Indonesia exported 56,371 units in Q1-2017, up 53.4 percent year-on-year (y/y) from 36,750 units in the same period one year earlier.

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  • Automotive Market of Indonesia: Sales of City Cars Fall Sharply

    Automotive Market of Indonesia: Sales of City Cars Fall Sharply

    The declining trend of city car sales continues in Indonesia. In the first two months of 2017 sales of city cars fell 41.8 percent to 2,511 units on a year-on-year (y/y) basis. This is not a new phenomenon. Ever since the low cost green car (LCGC) was introduced to the Indonesian market in late-2013, city car sales have been on the decline. In full-year 2016 city car sales had fallen 38.4 percent (y/y). A city car is a small car designed to be used primarily in (con)urban areas.

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  • Pole Position: Indonesia Remains Largest Car Market within ASEAN

    Pole Position: Indonesia Remains Largest Car Market within ASEAN

    Indonesia remains the biggest market for cars in the ASEAN region. Based on the latest data from the ASEAN Automotive Federation a total of 3.16 million cars were sold in the ASEAN region in 2016. Around 33 percent of these total sales occurred in Indonesia, the largest economy among ASEAN countries. In 2016 a total of 1.06 million vehicles were sold in Indonesia. On second place came Thailand with 768,788 sold cars. However, in terms of car production, Thailand remains on pole position in the ASEAN region.

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  • Automotive Sector Indonesia: Car Sales on Schedule in February

    Automotive Sector Indonesia: Car Sales on Schedule in February

    In February 2017 domestic car sales in Indonesia rose 9.6 percent year-on-year (y/y) to 96,722 vehicles (from 88,208 sold vehicles in the same month one year ago), supported by the popularity of the Astra Toyota Calya and Astra Daihatsu Sigra (both are low-cost green cars) as well as strengthening purchasing power in the regions outside Java due to rising commodity prices. Also in the first month of 2017 Indonesian car sales grew on an annual basis, implying there rises optimism about Indonesia's automotive sector after having experienced two bleak years.

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  • Utilization of Indonesia's Car Manufacturing Capacity Low

    Utilization of Indonesia's Car Manufacturing Capacity Low

    The utilization of Indonesia's installed car production capacity is expected to fall from 58 percent in 2016 to 55 percent in 2017 as the expansion of domestic manufacturing capacity is not in line with growth of domestic car sales and car exports. Indonesia's car production capacity rose 14 percent (y/y) to 2.2 million units in 2017 due to the start of operations at two factories (owned by Mitsubishi and Wuling). However, the actual car production figure of Indonesia is estimated to reach 1.2 million units only in 2017 (up 9 percent from 1.1 million units in the preceding year).

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  • Automotive Sector: Bright Future for Car Sales in Indonesia?

    Automotive Sector: Bright Future for Car Sales in Indonesia?

    Passenger car sales in Indonesia are estimated to rise 11.5 percent per year in the 2017-2021 period supported by Indonesia's expanding middle class. This conclusion originates from research that was conducted by London-based BMI Research. Meanwhile, business consulting firm Frost and Sullivan sees Indonesian car sales rise 5 percent (y/y) to 1.11 million vehicles in 2017 supported by the popular low cost green cars and multipurpose vehicles.

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  • Car Sales Indonesia in 2016 May Achieve Gaikindo's Target

    Car Sales Indonesia in 2016 May Achieve Gaikindo's Target

    Indonesia's car sales rose 3.7 percent year-on-year (y/y) to 974,972 vehicles in the first 11 months of 2016, improving from 940,027 sold vehicles in the same period one year ago. Jongkie Sugiarto, Chairman of the Indonesian Automotive Industry Association (Gaikindo), said this year's rising car sales in Indonesia are primarily supported by the launch of various new vehicles. He added Gaikindo's 2016 car sales target of 1.05 million could still be achieved, provided December's car sales will be more than 75,000 units.

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  • Automotive News Indonesia: Car Sales Growing in October 2016

    Automotive News Indonesia: Car Sales Growing in October 2016

    Car sales in Indonesia rose 4 percent year-on-year (y/y) to 91,846 units in October 2016 compared to 88,408 vehicles in the same month one year earlier. Growth is attributed to the stabilizing economy of Indonesia and the launch of several new car models (that managed to entice consumers). New data from the Indonesian Automotive Industry Association (Gaikindo) show that Indonesia's car sales totaled 874,703 units in the first ten months of 2016, up 2.5 percent (y/y) from 853,089 cars in the same period one year ago.

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Latest Columns Car Industry

  • Astra International (ASII) Presents First Quarter Results of 2013

    Astra International Quarter I 2013 Financial Results Indonesia Investments

    Astra International, Indonesia's largest listed company by market capitalization, presented its Q1-2013 financial results yesterday. The company, which represents the dominating force in Indonesia's automotive sector, posted a seven percent fall in net earnings (YoY) to IDR 4,310 trillion (USD $444.3 million) amid Indonesia's rising labour costs, weak commodity prices, increased competition in the country's car sector and effects of new minimum down-payment regulations in automotive Shariah-financing.

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