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Business News / Automotive
 
Indonesia Q1 2012 Car Sales to Remain on a Positive Growth Path
Thursday, December 15, 2011 17:37:28 Clicks: 555 Send to a friend Print Version
Dublin, Business Wire --- Research and Markets has announced the addition of Business Monitor International's ''Indonesia Autos Report Q1 2012'' report to their offering.

Although Indonesia has one of the largest passenger car markets in South East Asia, commercial vehicles have been outperforming the industry average in recent years and this a trend BMI expects to continue in the short term. Strong demand for commercial vehicles shows a return to spending for businesses and bears out BMI's view that the tripling in value of the construction sector over the next five years, as forecast by its Infrastructure team, will increase truck demand.

Business Monitor International's Indonesia Autos Report provides industry professionals and strategists, corporate analysts, auto associations, government departments and regulatory bodies with independent forecasts and competitive intelligence on Indonesia's automotive industry.

Looking ahead to 2012, BMI expects car sales to remain on a positive growth path, although it does think some level of slowdown is inevitable, given the pace of growth to date. One of the biggest risks to its forecast for passenger car sales is the potential for new regulations on car financing, which were suggested in October to avoid a credit bubble. If a plan were introduced to restrict vehicle credit, BMI believes this could lead to a drop in sales similar to that experienced in the UAE in the period immediately after similar regulations were introduced.

Nevertheless, the passenger car segment still attracts investment thanks to clear government policy. Nissan Motor has revealed its localisation targets for Indonesia, where it plans to take part in the government's low-cost green car (LCGC) project. The company held a meeting with around 500 local suppliers to discuss potential business ties, in a validation of BMI's view that the Indonesian government has been one of the most pro-active in the ASEAN region at looking to attract investment in the production segment through industry policy.

China's Geely Automobile has also announced plans to establish its regional production hub for South East Asia in Indonesia. The new plant will increase Geely's local output by five times and improve access to other growth markets in the region. As well as falling in line with BMI's view that carmakers from emerging markets will expand their presence globally, it is also further evidence of Indonesia being chosen by investors over the long-time regional favourite of Thailand.

Key Topics Covered:

SWOT Analysis
Thai Floods Threaten Regional Car Sales
Indonesia - Economic Activity
Industry Forecast Scenario
Production And Sales - Indonesia
Indonesia Automotive Market Overview
Indonesia Automotive Market: Trade
Competitive Landscape
Indonesia: Top 10 Vehicle Sales By Brand
Finance
Passenger Vehicles - Forecast and Analysis
Indonesia Automotive Market: Passenger Sales And Production
Company Developments
Premium Segment
Indonesia Automotive Market: Commercial Vehicles
Indonesia Automotive Market: Motorcycles
Company Developments
Company Monitor
Company Profile

Companies Mentioned:

Toyota Astra Motor
Suzuki Indomobil Motor

For more information visit http://www.researchandmarkets.com/research/070004/indonesia_autos_re
 
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