Q1 Indonesian Commercial Vehicle Market Jump Up 89%

Q1 Indonesian Commercial Vehicle Market Jump Up 89%

Commercial vehicle sales particularly truck and bus during 1st quarter 2008 jump up 89% compared with same period last year.

Gaikindo, the Indonesian automotive industry association, data shows total truck sales-include light truck and heavy truck-and bus in Indonesia market for Q1 2008 has sold 19.421 unit, increase from Q1 2007 that sold 10.247 unit.

Johannes Nangoi President Director PT Pantja Motor, an Isuzu brand holding sole agent, said demand jump up in commercial segment shows the signal that business activity in real sector increase.

For Q1 2008, in light truck segment Mitsubishi sold 10.167 unit and control 52% market share. for truck, bus and bus chassis category, Hino had book the highest sales with 786 unit. in heavy truck category Hino also a market leader with 1.202 unit sold.

For truck sales based on brand in Q1 2008, Mitsubishi book 10.167 unit, Hino 3.053 unit, Toyota 2.460 unit, Isuzu 1.955 unit, Hyundai 1.016 unit, Nissan Diesel 708 unit and Mercedes Benz 62 unit. 

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