by Yohanes Obor | Jun 10, 2014 | Automotive, Industries, News
HONG KONG (Yosefardi) – Geely Automobile Holdings Limited sold 30,612 units of car in May 2014, declined 26% compared to May 2013 and down 14% from April 2013. Geely exported 6,265 units of cars last month, down 31% from May last year. It sold 24,347 units of...
by Yohanes Obor | Jun 10, 2014 | Automotive, Industries, News
JAKARTA (Yosefardi) – Motorcycle distributor and financing PT Mitra Pinasthika Mustika Tbk (MPMX) allocates capital expenditure (capex) of Rp2.3 trillion for this year, doubled from Rp1.1 trillion capex last year. The capex will fund warehouse-2 establishment (Rp100...
by Yohanes Obor | Jun 9, 2014 | Automotive, Industries, News
JAKARTA (Yosefardi) – National car sales totaled 98,198 units in May 2014, declined 8% from 106,811 units in April 2014, due to holidays factor. While for January-May period, national car sales grew by 7% to 533,580 units. The Association of Indonesia Automotive...
by Yohanes Obor | May 28, 2014 | Automotive, Industries, News
JAKARTA (Yosefardi) – Heavy equipment distributor PT United Tractors Tbk (UNTR), member of Astra group, has purchased medium term notes (MTN) of Rp750 billion issued by PT Surya Artha Nusantara Finance (SanF), also member of Astra group. UNTR targets to purchase...
by Yohanes Obor | May 21, 2014 | Automotive, Industries, News
JAKARTA (Yosefardi) – PT Fukurawa Indomobil Battery Manufacturing (FIBM), partnered with PT Central Sole Agency, will build battery factory in Purwakarta, West Java, which costs US$20 million, Bisnis.com reported. Fukurawa has built battery factory in Thailand,...
by Yohanes Obor | May 12, 2014 | Automotive, Industries, News
HONG KONG (Yosefardi) – Geely Automobile Holdings Limited sales volume for the month of April 2014 totaled 35,646 units, a decrease of approximately 20% over the same period last year, but was up approximately 3% from March 2014. The Group is in the midst of a...
