Wednesday, November 01, 2006

Automotive Sales : Projection 2010

The Government has placed as target to surpass the 1 million unit mark by the year 2010. Although this seems high it is only an increase of around 66% compared to the 2005 figures. Since the majority of the sales would be contributed by the MPV segment, the ignored sedan segment is also targeted for contribution.

This optimistic target was justified by proposed fiscal incentives as well as the continuing improving national economy.

(Quoted from a report by Desy Anwar, MetroTV, 31 Oct. 2006)

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