The Indonesia vehicle market - out of steam and drifting
The Indonesian vehicle market has bounced back sharply from the economic devastation that was triggered by the 1997-98 regional financial crisis. Annual sales volumes rose to over 80% of pre-crisis levels in 2000 after two years of virtual standstill - which is faster than some neighbouring countries, including Thailand. But two years on, the vehicle market is struggling to make further headway and there appears to be little that could trigger a new spurt of growth in the short term. Tony Pugliese's comprehensive review includes model-level market data.
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