Free press releases distribution network?

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

 

PRZOOM - /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!


 

Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire 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 PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Frost & Sullivan |
Contact: Dewi Nuraini 
+62 21 571 0838 dewi.nuraini[.]frost.com
 
PRZOOM / PRTODAY - Newswire Today 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 Press Releases From Frost & Sullivan / Company Profile


Read Automotive/Trucking/RV Most Recent Related Press Releases:

The NEOPLAN Skyliner Has Been Awarded The ‘International Busplaner Sustainability Prize 2017’
First Transports in Networked Trucks - DB Schenker and MAN Agree on Platooning Project
MAN Truck & Bus Are Placing the New MAN TGE Under Static Scrutiny As Part of A Van Bodybuilders’ Day Today
MAN Lion's Intercity is Russia’s Intercity Bus of the Year
Enel and Nissan Present First All-inclusive Electric Mobility Solution
MAN Truck & Bus Korea Launched MAN Lion’s Touring - The First and Only Cabriolet Bus for Sightseeing Tours in Korea
Influx of Cheap Imports Floods the Automotive Filter Aftermarket Says Frost & Sullivan
BASF Introduces Latest Robust Connectors for Automotive Wire Harnesses
Man Group Announces 100 NEOPLAN Skyliner Coaches for Rome
BASF Introduces Synthetic Leather Made with Elastollan® - Makes Car Seats More Comfortable

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  JobsWare.com

Visit  La Bella Bakery Artisan Bakery Arizona

Visit  BizJobs.com







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free 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 entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today