Indonesia Autos Report Q4 2013:Automotive & Transportation Market Research Reports

Automotive & Transportation Market Research Reports

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Indonesia Autos Report Q4 2013 Sep 11th 2013, 00:00, by rnrmahesh According to Indonesian Automotive Industry Association, Gaikindo, vehicle sales for June 2013 grew 2.5% y-o-y, to 104,265 units. Cumulative sales for H113 rose 12.5% y-o-y, to 601,935 units, with growth rates slowing down in May and June. With the fuel price hikes finally legislated, we have downgraded our 2013 auto sales growth forecast to 7.2%, from 10.7% previously, to 1.2mn units. Last quarter, we had maintained our forecast for 2013 auto sales growth at 10.7%, despite vehicle sales for the first four months of the year experiencing a phenomenal 18.2% rise y-o-y. This was because of the confluence of headwinds, … Order / Buy a copy of this report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=114523. Complete report details with Table of Contents and more @ http://www.rnrmarketresearch.com/indonesia-autos-report-q4-2013-market-report.html.

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