webfact Posted June 24, 2014 Share Posted June 24, 2014 RI may overtake Thailand in auto marketThe Jakarta PostJAKARTA: -- Indonesia will potentially overtake Thailand as the biggest car market in Southeast Asia this year as the country sees steady growth in its automobile market, defying a flat sales estimation, according to research firm Frost&Sullivan.Masaki Honda, Frost&Sullivan’s automotive and transportation consulting director for Asia Pacific, said the automobile market in Southeast Asia’s largest economy would keep on growing throughout the year.The research and consulting firm estimates that car sales will grow by 6.5 percent to 1.23 million this year. From January to May, car sales surged by 6.8 percent to 531,805, according to the Association of Indonesian Automotive Manufacturers (Gaikindo).In contrast, market leader Thailand is expected to see its sales fall by 11.7 percent to 1.18 million by year-end after topping 1.33 million in the past year, apparently due to the ongoing political crisis.Thailand saw steep growth in car sales after the government introduced subsidies in 2012 to help people purchase vehicles.Full story: http://www.thejakartapost.com/news/2014/06/24/ri-may-overtake-thailand-auto-market.html-- Jakarta Post 2014-06-24 Link to comment Share on other sites More sharing options...
Popular Post TimCM Posted June 24, 2014 Popular Post Share Posted June 24, 2014 They can't do that. They are not a HUB. Must be fudging the figures 6 Link to comment Share on other sites More sharing options...
UbonRatch Posted June 24, 2014 Share Posted June 24, 2014 (edited) Frost & Sullivan get your asses out of your heads. Complete BS. Quote: "The research and consulting firm estimates that car sales will grow by 6.5 percent to 1.23 million this year." (In Southern Asia) Quote: "market leader Thailand is expected to see its sales fall by 11.7 percent to 1.18 million by year-end after topping 1.33 million in the past year" Errm, how does a 6.5% growth this year equate to 1.33 million last year? Market leader Thailand (c.f. Japan) holds 1.18 million of 1.23 million projected? Yep, for sure.. Indonesia is making a killing on sales in Southern Asia... and I just saw the ghost of a flying pig. Edit: The report is from the Jakarta post. Must , therefore, be highly reliable. Edited June 24, 2014 by UbonRatch 1 Link to comment Share on other sites More sharing options...
anon467848 Posted June 24, 2014 Share Posted June 24, 2014 "Thailand saw steep growth in car sales after the government introduced subsidies in 2012 to help people purchase vehicles." which contributed to thousands of Thais getting into debt... way to go Phea Thai Party... 2 Link to comment Share on other sites More sharing options...
UbonRatch Posted June 24, 2014 Share Posted June 24, 2014 "Thailand saw steep growth in car sales after the government introduced subsidies in 2012 to help people purchase vehicles." which contributed to thousands of Thais getting into debt... way to go Phea Thai Party... Maybe, but that neither reduces numbers of cars produced nor the export numbers. Japanese production in Thailand does not rely simply upon the Thai market. 1 Link to comment Share on other sites More sharing options...
ggold Posted June 24, 2014 Share Posted June 24, 2014 Frost & Sullivan get your asses out of your heads. Complete BS. Quote: "The research and consulting firm estimates that car sales will grow by 6.5 percent to 1.23 million this year." (In Southern Asia) Quote: "market leader Thailand is expected to see its sales fall by 11.7 percent to 1.18 million by year-end after topping 1.33 million in the past year" Errm, how does a 6.5% growth this year equate to 1.33 million last year? Market leader Thailand (c.f. Japan) holds 1.18 million of 1.23 million projected? Yep, for sure.. Indonesia is making a killing on sales in Southern Asia... and I just saw the ghost of a flying pig. Edit: The report is from the Jakarta post. Must , therefore, be highly reliable. The 6.5% growth in sales is for indonesia., The 1.33 million car sales relates to how many vehicles were sold in Thailand last year because of the incentive PTP gave for first time car buyers, a rebate of 100,000bht. It is a comparison between Indonesia and Thailand. You might want to re-read the article! 1 Link to comment Share on other sites More sharing options...
ggold Posted June 24, 2014 Share Posted June 24, 2014 "Thailand saw steep growth in car sales after the government introduced subsidies in 2012 to help people purchase vehicles." which contributed to thousands of Thais getting into debt... way to go Phea Thai Party... Maybe, but that neither reduces numbers of cars produced nor the export numbers. Japanese production in Thailand does not rely simply upon the Thai market. Vehicles made here are left hand drive, Maybe in Indonesia they are right hand drive! So neither does Indonesia rely upon it's domestic market. Link to comment Share on other sites More sharing options...
UbonRatch Posted June 24, 2014 Share Posted June 24, 2014 (edited) Frost & Sullivan get your asses out of your heads. Complete BS. Quote: "The research and consulting firm estimates that car sales will grow by 6.5 percent to 1.23 million this year." (In Southern Asia) Quote: "market leader Thailand is expected to see its sales fall by 11.7 percent to 1.18 million by year-end after topping 1.33 million in the past year" Errm, how does a 6.5% growth this year equate to 1.33 million last year? Market leader Thailand (c.f. Japan) holds 1.18 million of 1.23 million projected? Yep, for sure.. Indonesia is making a killing on sales in Southern Asia... and I just saw the ghost of a flying pig. Edit: The report is from the Jakarta post. Must , therefore, be highly reliable. The 6.5% growth in sales is for indonesia., The 1.33 million car sales relates to how many vehicles were sold in Thailand last year because of the incentive PTP gave for first time car buyers, a rebate of 100,000bht. It is a comparison between Indonesia and Thailand. You might want to re-read the article! Appreciated. However, the way it was presented was not very clear, to me anyway. I guess Thailand won't be the hub of SE Asian car manufacture by the end of this year too, amongst prawn exports and the likes. Edited June 24, 2014 by UbonRatch 1 Link to comment Share on other sites More sharing options...
Docno Posted June 24, 2014 Share Posted June 24, 2014 Just what Indonesia (and especially Jakarta) needs... more cars on the road. Not. I'm happy to let them win this 'race'... 1 Link to comment Share on other sites More sharing options...
Bpuumike Posted June 24, 2014 Share Posted June 24, 2014 "Thailand saw steep growth in car sales after the government introduced subsidies in 2012 to help people purchase vehicles." which contributed to thousands of Thais getting into debt... way to go Phea Thai Party... Maybe, but that neither reduces numbers of cars produced nor the export numbers. Japanese production in Thailand does not rely simply upon the Thai market. Most readers seem to have missed this point, blinded by 'statistics'. 1 Link to comment Share on other sites More sharing options...
wabothai Posted June 24, 2014 Share Posted June 24, 2014 Most people who were able to "afford" a car bought a new one recently. Link to comment Share on other sites More sharing options...
tomyummer Posted June 24, 2014 Share Posted June 24, 2014 As an automaker I wouldn't be afraid of the 'coup de thai' so much as the human errors in flood management. Link to comment Share on other sites More sharing options...
northernjohn Posted June 24, 2014 Share Posted June 24, 2014 "Thailand saw steep growth in car sales after the government introduced subsidies in 2012 to help people purchase vehicles." which contributed to thousands of Thais getting into debt... way to go Phea Thai Party... Maybe, but that neither reduces numbers of cars produced nor the export numbers. Japanese production in Thailand does not rely simply upon the Thai market. Vehicles made here are left hand drive, Maybe in Indonesia they are right hand drive! So neither does Indonesia rely upon it's domestic market. Indonesia also drives on the wrong side of the road. Don't know why It was not one of the countries being raped by England. Link to comment Share on other sites More sharing options...
Eric Loh Posted June 24, 2014 Share Posted June 24, 2014 Investors will invest in countries that have political stability and Indonesia has that since the last coup in 1966. 1 Link to comment Share on other sites More sharing options...
.png.3b3332cc2256ad0edbc2fe9404feeef0.png)
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now