Indonesia Automobile Production in 2014: Up 7.5 Percent to 1.3 Million
- Indonesia's automobile production volume in 2014 increased 7.5 percent year-on-year to 1.29 million units, registering an historic high for the fifth consecutive year. Volume was augmented by the launch of LCGC-compliant models in September 2013 and increased effort by automakers to position Indonesia as the next export base after Thailand. Regarding 2015, while there are some views that local demand will remain on par with that of 2014; however, if export maintains an increasing trend, overall production volume is expected to surpass 1.3 million units.
- Looking at data by automobile type, passenger vehicles went up 9.5 percent to 1.01 million units, while commercial vehicles increased 0.8 percent to 285,000 units. Passenger vehicles, driven by the booming production of LCGC-compliant models and new products from Toyota and Honda, boosted volume, surpassing 1 million units for the first time. In contrast, commercial vehicle volume remained nearly on par with that of the previous year's level due to double-digit decline of trucks with GVW over 5 tons and buses with GVW over 10 tons as a result of the stagnating local economy.
- Looking at data by make, Toyota and Honda both performed well, up 28.6 percent and 95.3 percent respectively. Toyota began production of the Vios at the end of 2013 and the Yaris in March 2014 which drove up volume. Honda's production volume nearly doubled thanks to brisk sales of the Mobilio MPV and the LCGC-compliant Brio Satya. Daihatsu's MPV models declined over 20 percent due to the appearance of the Mobilio on the market; however, rising export production of the Agya, manufactured for Toyota under contrast, aided volume, Daihatsu posting an overall increase of 2.9 percent. Suzuki fell 4.5 percent due to poor performance of the Ertiga.
- As for GM, the Chevrolet Spin came off the line in 2013; however, production was discontinued in June 2015 due to dull sales.
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