New-vehicle sales in Indonesia decline 12.1% y/y in March, production, exports also down y/y
Full year production forecast to be around 1.36 million units
New-vehicle sales in Indonesia, including passenger cars and light, medium, and heavy commercial vehicles, declined 12.1% year on year (y/y) in March to 99,410 units, according to data directly provided by the Association of Indonesian Automotive Industries (Gaikindo) to IHS Automotive.
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