MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
Written by / Agency / Source: Frost & Sullivan
Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Frost & Sullivan Sees Indonesia's 2012 Vehicle Sales Growing 6.5% Year-on-year to 948,500 Units - Frost & Sullivan expects Indonesia's total industry volume (TIV) to increase at moderate pace of 6.5 per cent year-on-year to 948,500 units in 2012 supported by a stable local economy, positive consumer sentiment and launch of new car models
Frost & Sullivan Sees Indonesia's 2012 Vehicle Sales Growing 6.5% Year-on-year to 948,500 Units

 

NewswireToday - /newswire/ - Jakarta, Indonesia, 2012/01/18 - Frost & Sullivan expects Indonesia's total industry volume (TIV) to increase at moderate pace of 6.5 per cent year-on-year to 948,500 units in 2012 supported by a stable local economy, positive consumer sentiment and launch of new car models.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive / Trucking / RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

• TIV may breach 1 million mark in 2012 if global economy recovers;
• Overtakes Thailand in 2011 to be largest auto market in ASEAN.

Mr. Vivek Vaidya, Vice President, Automotive Practice Asia Pacific at Frost & Sullivan said that Indonesia's TIV may cross the magical 1 million unit mark in 2012 if the global economic environment turns favorable and domestic automotive policy support is strong. "However, at this point in time, the possibility of that happening seems quite low," he added.

Mr. Vaidya said that 2012 will witness the launch or facelift of about 25-30 new models in Indonesia, which is likely to increase vehicle sales.

"Japanese OEMs mainly Toyota, Honda and Suzuki are likely to be front runners in terms of new model introduction as they race to launch a combined 15-20 models in 2012," he said, adding that Ford, Hyundai, Proton and BMW are likely to introduce more than 2 models in 2012 to make their mark in the Indonesian market.

Mr. Vaidya said that vehicle sales in 2012 will be driven by the 4x2 segment with a 6.5 per cent year-on-year growth to 606,100 units, driven by key model launches.

He added that the sedan segment is likely to decline 4.5 per cent year-on-year to 25,520 units in 2012 as consumers' preference switch to sports utility vehicles (SUVs) and compact city cars.

He also foresees the 4x4 segment to grow 12.3 per cent year-on-year to 6,380 units, supported by popular models such as Pajero, Ford Ranger and a few other premium branded models.

Mr. Vaidya said that the pick-up truck segment is likely to enjoy a significant growth of 7.6 per cent year-on-year to 286,281 units in 2012 as the economy grows. He added that double cab segment is expected to grow 8.1 per cent year-on-year to 20,183 units in 2012. "Double cab has an increased popularity as a premium lifestyle vehicle, which can also be used for commercial purposes," he said.

2011 Vehicle Sales Review
Mr. Vaidya said that 2011 was an excellent year for the Indonesian automotive industry as TIV is estimated to grow 16.4 per cent year-on-year to 890,410 units in 2011 despite the global economic downturn and natural disasters that hit Japan and Thailand.

He added that Indonesia has overtaken Thailand as the largest automotive market in ASEAN in 2011. "Thailand is expected to stay flat year-on-year with in TIV at about 800,300 units in 2011," he said.

Mr. Vaidya said that Indonesia's 2011 passenger vehicle sales were driven by growth in the 4x2 segment due to new models offered.

He said that the sedan segment is likely to have declined 19.4 per cent to 26,712 units in 2011 due to the small number of new models offered and consumers' preference for other types of vehicles such as MPVs and compact city cars.

"There is a significant increase in the 4x2 segment, growing 12.8 per cent year-on-year to 569,274 units in 2011, due to popular models in the MPV, compact city cars, mini-vans and SUVs," he added. These models include MPV such as Avanza, Xenia, Innova, Livina, APV; compact city cars such as Jazz, Yaris, Fiesta; mini-vans such as Freed, Gran Max, Alphard; and SUVs such as CR-V, Rush, Terios, Fortuner, Pajero, Juke and Captiva.

Mr. Vaidya said that 2011 also witnessed a significant growth in the 4x4 segment, increasing 48.1 per cent year-on-on year to 5,682 units due to the launch of various new models such as Pajero Sport 4x4, Fortuner, Captiva and the luxury vehicles such as Hummer, Jeep, Lexus & Toyota Land Cruiser.

He said that in the commercial vehicle segment, the pick-up truck and double cab segment probably recorded a growth of 30 per cent year-on-year while the bus segment declined 5.5 per cent year-on-year.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

Follow us: facebook.com/pages/Frost-Sullivan | linkedin.com/companies/4506 | slideshare.net/FrostandSullivan | twitter.com/frost_sullivan | twitter.com/FROST_ID

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Automotive / Trucking / RV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]  / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Automotive / Trucking / RV articles,
CATCH Visitors via Your Competitors Announcements!


Frost & Sullivan Sees Indonesia's 2012 Vehicle Sales Growing 6.5% Year-on-year to 948,500 Units

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
Publisher Contact: Dewi Nuraini 
+62 21 571 0838 dewi.nuraini[.]frost.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Automotive / Trucking / RV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Frost & Sullivan / Company Profile


Read Automotive / Trucking / RV Most Recent Related Newswires:

Frost & Sullivan Intelligent Mobility Summit to Explore Transformative Impact of CASE Convergence on the Mobility Ecosystem
LANXESS to Showcase its Versatile and Sustainable Solutions for Tire Manufacturing At the Tire Technology Expo in Hanover, Germany
Guardknox Applauded by Frost & Sullivan for Optimizing Automotive Cybersecurity to Help OEMs Develop Personalized and Secure Vehicles
ABB and Porsche Team Up to Drive Forward e-Mobility
Frost & Sullivan Expects the Malaysian Automotive Market to Reach 608,790 Units in 2020
Emerging Technologies to Help Generate New Revenue Streams for Mobility-as-a-Service Providers Finds Frost & Sullivan
Porsche Japan and ABB Showcase Future for Japanese E-Mobility
MAN Engines Launches 800 Hp Light-duty Workboat Engine with Keel Cooling for North American Market
Technological Advancements Are Propagating the Global Induction Motor Market At 11.76% CAGR by 2027 Reports Inkwood Research
The Global Automotive Blockchain Market is Advancing At a CAGR of 45.01% by 2027 Reports Inkwood Research
Global Advanced Driver Assistance System Market At 19.01% CAGR by 2026 Reports Inkwood Research
KRAIBURG TPE Introduces THERMOLAST® K Family - Excellent Weatherproof Material for Automotive Exterior Application
KRAIBURG TPE to Present New TPE Compounds for Consumer and Automotive Applications At K-2019 Düsseldorf
MAN Publishes The 2018 CR Report
Cinemo Acclaimed by Frost & Sullivan for its Modular and Feature-rich In-vehicle Infotainment Systems

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  La Bella Bakery Artisan Bakery Arizona





 
  ©2020 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)