Indonesian Automotive Industry Association (Gaikindo) was upbeat with sales of cars in the first two months of 2017, which grew 5.8% from the corresponding period of 2016. Time will tell as to whether this year’s sales would beat the association’s growth projection of 3-4%. Sales of heavy equipment/construction machinery also jumped significantly in the first two months of 2017, lifted by demand from mining sector.To subscribe please click here
