Tuesday, August 26, 2014

Indonesia’s Car Exports To Jump 93% Next Year



INDONESIA : -- The Jakarta Globe reported that carmakers in Indonesia expect to see a 93 percent rise in exports next year, thanks to a higher volume of production, quoting an official at the Indonesia Automotive Industry Association.

Noegardjito, general secretary for the association known as Gaikindo, said Indonesia could export up to 386,000 cars by 2015, up from this year’s estimate of some 200,000 units.

“Car production next year is targeted at 1.61 million units. Around 386,000 is likely to be exported,” Noegardjito said during an automotive workshop in Bandung.

This year, car production is estimated at 1.3 million units. Southeast Asia’s largest economy has seen its domestic car sales pass the one million milestone, a feat that has drawn automobile producers to invest in the country.

Though most carmakers limit their stake to assembly plants, some Japanese car brands, including Indonesian favorite Toyota, have begun investing in full manufacturing plants.

Budi Darmadi, a director general at the Industry Ministry, said Indonesia currently exported some 15.4 percent of the cars it produces.  The ministry hopes to see that proportion increase to 24 percent next year.



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