Goodyear Indonesia Turns to Loss

JAKARTA (Yosefardi) – Tire manufacturer PT Goodyear Indonesia Tbk (GDYR) suffered loss of US$205,864 in the first quarter of 2015, compared to profit US$392,843 in the same period of 2014. Net sales increased to US$41.8 million from previous US$40.6 million while cost...

Motorcycle Sales Drops 17.28%

JAKARTA (Yosefardi) – National motorcycles sales also fell 17.28% to 1.64 million units in the first quarter of this year, from 1.99 million units in the same period of last year, due to the decline in purchasing power along with the increase in fuel prices and...

Geely Sales Jumps 40% in March

HONG KONG (Yosefardi) – Geely Automobile Holdings Limited’S total sales volume for the month of March 2015 was 48,501 units, an increase of approximately 40% over the same period last year. Compared to February 2015, the figure rose 46%. The total sales volume...

Car Sales Drops 14% in First Quarter

JAKARTA (Yosefardi) – National car sales (wholesales) totaled 282,569 units in first quarter of this year, dropped 14% from 338,500 units in the same period of last year. While retail sales reached 257,830 units. In March 2015, national car sales totaled 99,639 units...

Indomobil Turns to Loss

JAKARTA (Yosefardi) – PT Indomobil Sukses International Tbk (IMAS) suffered net loss of Rp67 billion in 2014, against profit of Rp621 billion in 2013. Revenues declined 3.2% to Rp19.46 trillion from previous Rp20.09 trillion. Sales revenue from automotive...