Car export Grows 10%, Gaikindo Says

JAKARTA (Yosefardi) – The Association of Indonesia Automotive Industry (Gaikindo) reported that Indonesia exported 140,465 units of completely built-up (CBU) car during January-August 2015, grew by 19% from 127,199 units in the corresponding period of 2014....

Car Sales Jumps 62% in August

JAKARTA (Yosefardi) – National car sales (wholesales) jumped 62% to 90,077 units in August 2015, from 55,617 units in July 2015. Compared to July 2014 (96,728 units), the figure rose 6.9%. For January-August 2015 period, national car sales dropped 19% to 671,185...

Goodyear Turns to Loss

JAKARTA (Yosefardi) – Tire manufacturer PT Goodyear Indonesia Tbk (GDYR) suffered loss of US$0.35 million in the first half of 2015, compared to profit US$279.642 in the same period of 2014. Revenues was flat at US$79.25 million while operating profit dropped...