According to preliminary data acquired from Indonesia’s car distributors, vehicle sales for the first four months of 2012 grew 18.2% year-on-year (y-o-y), to 397,991 units. BMI’s bullish view on Indonesian auto sales since 2012 (see our online service, December 17 2012, ’2013 Sales Will Set Another Record’), continues to play out and latest growth figures are firmly on track to meet our bullish full year forecast of 10.7%. Vehicle sales grew 18.2% y-o-y, to 397,991 units, in the first four months of 2012, according to preliminary data from Indonesia’s car distributors. BMI’s bullish view on Indonesian auto sales since 2012 …
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