INDONESIA Automotive Industry: Exports Expected to Grow in 2016
Despite optimism about rising car exports in full-year 2016, the latest data from Gaikindo show that Indonesia’s car exports in fact fell 17.9 percent (y/y) to 73,524 CBUs in the January-May 2016 period from 89,544 units in the same period one year earlier. However, this weak performance is mainly due to the delay in exports of the Toyota All New
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