Indonesia Autos Report Q4 2012 - New Market Research Report
Despite the introduction of new regulations regarding minimum down payments on vehicle purchases in June 2012, Indonesia's total vehicle sales for July reached a record 103,219 units. If maintained for the remainder of the year, this pace would take sales beyond BMI's forecast for 9.8% growth, but we do believe sales will slow during the latter months of the year as seasonal factors are removed and so our forecast for 9.8% growth still stands.
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