Jakarta (Antara Bali) - The Association of Indonesian Automotive Industries (Gaikindo) has expressed optimism that car sales in 2013 will increase by 10 percent, compared with this year's figures, because of positive macroeconomic trends.
"Due to the positive macroeconomic trends in the country, car sales have already reached one million units this year," Gaikindo spokesman Yongkie D. Sugiarto stated here on Monday.
"As long as the public's purchasing power increases, car sales will remain high next year. So far, there is no sign of a slowdown in the demand for four-wheeled motor vehicles," he noted.
According to Sugiarto, the Indonesian automotive market has benefitted from the nation's economic growth, rupiah exchange rate stability, security and political stability, interest rates and liquidity.
"The economic growth rate of over 6 percent has been a decisive factor in the development of automotive industry because it is related to people's purchasing power," he explained.(IGT)
