Auto Sales Surge 36PCT in Indonesia

JAKARTA, July 7 Asia Pulse - Car sales peaked at 553,700 units so far this year in June, up 36.21% from 39,424 units in the same month last year.

The previous monthly record was in April, with sales reaching 51,640 units, falling to 50,698 units in May, the newspaper Bisnis Indonesia reported today.

Wholesaling to dealers in June brought the total sales to 291,641 units in the first half of this year.

Astra Daihatsu Motor Marketing Director Amelia Tjandra said the fuel price hikes in May had had little effect on car sales in the country.

Amelia did not deny that the increase in sales was caused more by dealer speculation to keep stock, before car makers raised the prices to follow the increase in inflation triggered by the fuel price hikes.

(ANTARA)

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