Indonesia’s carmakers are catching up with Thailand – Business, Headline, Indonesia | Thailand Business News

 

Indonesia carmakers are slowly making up with Thailand, as their production should reach 1.6 million units in 2014, when Thailand should produce around 2 mln unit in 2014 due to poor domestic demand.

The Jakarta Globe reported that carmakers in Indonesia expect to see a 93 percent rise in exports next year, thanks to a higher volume of production, quoting an official at the Indonesia Automotive Industry Association as saying. Noegardjito, general secretary for the association known as Gaikindo, said Indonesia could export up to 386,000 cars by 2015, up from this year’s estimate of some 200,000 units.


Read more at http://www.thailand-business-news.com/news/headline/49685-indonesias-carmakers-catching-thailand.html#uHuXBsHogaXlDRXx.99

 

 

Indonesia’s carmakers are catching up with Thailand – Business, Headline, Indonesia | Thailand Business News.

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