Oxford, UK - Car sales in the Asean trading area in August were 207,000 units. This is a rise of 6% compared with the same month last year.
Looking at the year-to-date numbers, sales were 1.4m units across the trading block. That is according to LMC Automotive, which supplied the figures.
Indonesian sales fell by 16.0% in August 2019, compared with August 2018. Sluggish exports and low private investment have hit the Indonesian economy and fed through to new car sales. Consumers are interested in cheaper used vehicles, though. LMC estimates that the total demand from Indonesia will be down 13.0% at year-end compared with 2018.