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Jakarta Post

Car manufacturers eye higher exports

  • News Desk

    The Jakarta Post

Jakarta   /   Tue, May 16, 2017   /   06:20 pm
Car manufacturers eye higher exports Workers assemble cars at a factory. Car makers are eyeing higher exports this year, targeting Southeast Asian and Middle Eastern markets. (Kontan/Fransiskus Simbolon)

Carmakers are eyeing higher exports this year as they set their sights on Southeast Asian and Middle Eastern markets.

Major car manufacturer PT Toyota Motor Manufacturing Indonesia, for instance, targets a 10 percent increase in exports to 169,000 units this year, after having exported 49,300 units in the first quarter.

In addition to completely built units (CBU), the company also exported 12,300 completely knocked-down (CKD) units and 24 million components.

PT Mitsubishi Motors Krama Yudha Sales Indonesia, the distributor of Mitsubishi cars, is looking to export 20,000 of its 80,000 XM Concept cars to be produced this year. “Exports will still be in the ASEAN market,” Imam Choeru Cahya, the head of MMC sales and marketing group of Mitsubishi Motors Krama Yudha Sales Indonesia, told Kontan recently.

Meanwhile, PT Suzuki Indomobil Sales claimed that it had exported almost 19,000 Suzuki cars to Southeast Asia and Pakistan as of April.

Last year, more than half of its exports went to Southeast Asia, followed by Pakistan and Middle Eastern countries.

The Association of Indonesian Automotive Manufacturers (Gaikindo) acknowledges the potential offered by the Middle Eastern markets and encourages more carmakers to venture into the region.

Gaikindo chairman Johannes Nangoi said without deeper penetration in the Middle East, this year’s export volume would hover at around the same level as last year. In 2016, the number of exported CBUs stood at 194,397, while that of CKD units reached 202,626. (tas)