Indonesia’s car sales fall nearly 11 percent in 2019 World

Indonesia’s car sales fall nearly 11 percent in 2019

Indonesia sold 1.03 million cars in 2019, a drop of 10.8 percent year on year from 1.15 million units the previous year, due to the weak demand and other factors, according to the car manufacturer association (Gaikindo).
Auto sales in 2019 picks up 12 percent Business

Auto sales in 2019 picks up 12 percent

Members of the Vietnam Auto Manufacturers’ Association (VAMA) reported a year-on-year sales surge of 12 percent in 2019, riding on hefty festive discounts and promotional programmes.
Vietnam’s purchasing power continues to grow Business

Vietnam’s purchasing power continues to grow

Purchasing power has rising during the first 10 months of the year and total revenue for goods and services hit 4 quadrillion VND (172.5 billion USD), an 11.8 percent increase compared to the same period last year, according to the General Statistics Office (GSO).
Toyota to produce electric vehicles in Indonesia World

Toyota to produce electric vehicles in Indonesia

PT Toyota Motor Manufacturing Indonesia (TMMIN) is ready to start battery electric vehicle (BEV) production at its factory located in Karawang, West Java, though its type had yet to be made public, Indonesia’s Antara News Agency reported.
Customers to be centre of auto industry  Business

Customers to be centre of auto industry

Management agencies and businesses should consider customers the centre of the domestic auto industry to spur the sector’s growth in the context of international integration, experts have suggested.