Friday, January 15, 2010

Honda controls 8% car market

PT Honda Prospect Motor sold 40,674 Honda cars from various types in Indonesian market last year or a market share of 8.1%. Toyota is still the market leader with about 186,000 units. Daihatsu, meanwhile, claimed the second spot with 75,169 units, declined 3% from 2008.
Mitsubishi ranked fourth with 61,735 units, and Suzuki in fifth with 44,689 units. Indonesia's automobile association Gaikindo predicted Indonesia's car market would grow from 485,000 units last year to between 560,000 units and 600,000 units this year. Last year's sales declined 19.9% from 2008, but clearly better than the association's initial estimates of 30% drop.




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