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Indonesian Automotive Market Outlook 

  • May 2015
  • -
  • Frost & Sullivan
  • -
  • 64 pages

Summary

Table of Contents

Scope

This study offers an overview of the Indonesian automotive market in 2014 and 2015. It discusses 2014 trends and provides a forecast for 2015. The insight also analyzes market growth factors for 2015 to 2020, and it includes an

Executive Summary

discussing the

Key Findings

, the major developments in 2014, the details of Indonesia's Low Carbon Emission (LCE) Program, an outlook for 2015, and key conclusions.

Key Findings

-The 2014 total industry volume (TIV) reached million units, mainly due to a % decline in commercial vehicle (CV) demand.
-Despite low sales, Indonesia emerged as the largest market in ASEAN.
-A slowdown in exports, a weakening Rupiah, a stagnating economy, and a rollback of subsidies were the key market trends witnessed in 2014.
-The passenger car segment remained stagnant. Low-cost green cars (LCGCs) demonstrated significant growth, capturing the share of other segments.
-The decline in CV demand was mainly due to the % drop in truck sales in 2014; this dip was seen across all tonnage points.
-The overall market was further consolidated, with the top participants reaching a combined share of % in 2014.

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