Indonesia: LCGC program boosts production and sales of compact cars

Toyota and Honda start operations at new plants; GM resumes local production




Vehicle production and sales in Indonesia
Plant Database
Click the map for the details.
 New vehicle sales in Indonesia increased by 10.2% year-over-year(y/y) to 1.23 million units in 2013, registering a record high for the fourth consecutive year. Strong sales of MPVs, Indonesia’s largest segment, as well as Low Cost Green Cars (LCGC) program-certified vehicles boosted sales in the country.
 In July 2013, Indonesian Government announced the requirements for compact cars to be eligible for the LCGC program. The government aims to expand the demand of vehicles among new middle class and to significantly raise auto production. Toyota, Daihatsu, Suzuki and Honda have released LCGC-certified models while Nissan plans to launch two models in or after mid-2014. The ratio of MPVs, which had accounted for 60% of new vehicle sales, is expected to drop to around 40% over the next three to five years, whereas sales of compact cars including LCGC-certified vehicles will grow.
 Vehicle production in 2013 also registered a record high of 1.208 million units, a 13.4% increase y/y. A number of auto manufacturers are enhancing their production capacities and expanding local production, anticipating mid- and long-term growth of the Indonesian market. In 2013-2014, Toyota and Honda have started operations of their new plants while GM has resumed local production. Suzuki and Mitsubishi plan to start running new plants in 2015 and at the end of 2017 or later, respectively. Nissan will increase its production capacity by 2016.

 According to LMC Automotive, Indonesian light vehicle production in 2013 rose 12.4% year-on-year (y/y) to 1,082,900 units. In its latest outlook, LMCA forecasts that Indonesian production will increase by 17.3% y/y to 1,270,700 units in 2014. Although growth rate will slow down, production is expected to grow by 8-10% y/y from 2015 to 2017 and will reach 1,640,100 units in 2017.

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Japanese OEMs account for 91.8% while Toyota Group gains 52.6% in 2013 auto market

Share of auto market in Indonesia In 2013, Toyota Group acquired a share of over 50% of the Indonesian auto market (excluding heavy-duty commercial vehicles), whereas Toyota maintains the top position at 37.0% and Daihatsu the second at 15.6%. Toyota's sales were boosted by its Avanza MPV, Etios Valco designed for emerging markets, and LCGC-certified Agya. As for Daihatsu, its Xenia MPV, Terios SUV and LCGC-certified Ayla supported its distribution. Suzuki ranked third with its Ertiga MPV and LCGC-certified Karimun Wagon R while Honda attained fourth place with its Jazz hatchback, CR-V SUV, and Brio Series including LCGC-certified Brio Satya.

 Japanese OEMs accounted for more than 90% of the 2013 vehicle sales in Indonesia. However, the competition with other foreign OEMs is anticipated to be keener as GM resumed local production and Renault reentered the market while Tata started distribution in the country in 2013.

 Looking at the sales volume by category, sales of LCGC-certified vehicles totaled 51,000 and 31,000 units in 2013 and for the period of January and February 2014, respectively. Meanwhile, sales of "4x2 type" which include MPVs decreased by 10-20%. As of January 2014, Association of Indonesian Automotive Industries (GAIKINDO) forecasts that sales of LCGC-certified vehicles will reach 100,000 units in 2014.

Indonesia: vehicle production, sales and exports

2010 2011 2012 2013 2014
Domestic production 702,508 837,948 1,065,557 1,208,211 198,284 216,938
Domestic sales 764,710 894,164 1,116,230 1,229,904 1,230,000 199,996 215,275
Exports CBU 85,796 107,932 173,368 170,907 27,536 27,487
CKD 55,624 83,709 100,122 105,380 14,356 15,499

Source: Association of Indonesian Automotive Industries (GAIKINDO)
(Note) The figure for 2014 (Outlook) is the forecast announced by GAIKINDO in March 2014.


Indonesia: new vehicle sales by category
Category 2012 2013 YoY Jan.-Feb.
Sedan 34,221 34,199 -0.1% 4,644 3,884 -16.4%
4x2 739,168 787,712 6.6% 133,604 120,727 -9.6%
4x4 7,396 6,416 -13.3% 1,107 899 -18.8%
Bus 4,472 4,054 -9.3% 700 935 33.6%
Pick up/Truck 311,609 328,378 5.4% 56,517 56,474 -0.1%
Double Cabin 19,364 17,962 -7.2% 3,424 1,800 -47.4%
Affordable Energy Saving Cars - 51,180 - - 30,556 -
Total 1,116,230 1,229,901 10.2% 199,996 215,275 7.6%

(Note) Affordable Energy Saving Cars represent LCGC-certified vehicles.



Low Cost Green Car (LCGC) policy approved in July 2013

 In July 2013, Indonesian government announced the requirements of incentives under the LCGC program which had been discussed since 2009. Low-priced, fuel efficient, compact cars which meet the following requirements are exempt from luxury tax equivalent to 10% of vehicle price. These tax incentives are expected to boost both demand and production of low-priced compact cars, and as a result, to promote the spread of automobiles and the development of auto industry.

 Toyota, Daihatsu, Suzuki and Honda have launched LCGC-certified models while Nissan plans to release two such models under the Datsun brand in mid-2014 or later. Sales of LCGC-certified cars totaled 51,000 units in 2013, and are expected to amount to 100,000 units in 2014 (GAIKINDO's forecast as of January 2014). Indonesia's Ministry of Industry foresees that production of LCGC-certified models will grow to 300,000 units in 2015 (forecast as of July 2013). While majority of LCGC-certified cars will be sold in the domestic market, 15-20% of the cars are planned to be exported. Toyota and Daihatsu as well as Suzuki have started export of LCGC-certified models.

Indonesian government reveals requirements of incentives under Low Cost Green Car program

* Brand names, logos, and model names should be related to Indonesia.
* Displacement of engine should be 980-1,200cc for petrol engines and less than 1,500cc for diesel engines..
* LCGC-certified vehicles should use the following fuel: high-octane petrol with 92 RON or higher (which is not subsidized) or high-cetane diesel fuel with 51 CN or higher.
* Fuel economy should be 20km/L or higher.
* The price should be IDR 95 million or less (excluding registration and other taxes). However, the price may be raised by up to 15% for the models fitted with automatic transmissions (AT) and by up to 10% for the models with safety features including air bags and ABS.
* Other requirements are imposed for minimum turning radius and ground clearance.
(Note) 1. IDR 100 = JPY 0.91 (as of early April 2014)
2. Although LCGC-certified cars are intended to use high-octane non-subsidized fuel, it seems that some of the cars are still using subsidized fuel. Indonesia's Ministry of Energy and Ministry of Finance are criticizing the LCGC policy for boosting fuel subsidies, and thus, placing a burden on government budget.


LCGC-certified models
OEM/Brand Model Launch time Powertrain Price       (in millions IDR) Outline
Daihatsu Ayla Sep. 2013 988 cc +
5-speed MT /
4-speed AT
76.1 -165 The Ayla five-door hatchback was developed by Daihatsu based on the Mira e:S and is also supplied to Toyota as the Agya. The model is 3.6 meters long and the base grade fitted with a manual transmission weighs 730-740 kg. It is assembled at Daihatsu's Karawang plant with a local content of 84%. Monthly sales target is set at 4,000 units for the Ayla and 5,000 units for the Agya. The model has been exported to Philippines since February 2014.
Toyota Agya Sep. 2013 99 -120
Suzuki Karimun
Wagon R
Sep. 2013 1000 cc + 5-speed MT 77 -99 The Karimun Wagon R is built at the Tambun plant of Suzuki Indomobil Motor, Suzuki's Indonesian subsidiary. CKD kits of the model have been exported to Pakistan since November 2013. It is also planned to export them to Southeast Asia, South America and Europe.
Honda Brio Satya Nov. 2013 1200 cc + 5-speed MT 106 -117 The five-door hatchback was developed based on the Thai-made Brio (fitted with 1.3-liter engine). The Brio Satya is assembled at the first Karawang plant with a local content of 85%.
Nissan/ Datsun GO+ 2014 1200cc + 5-speed MT
GO+ is a five-door three-row MPV with 5+2 seats. It is the only model with three rows of seats in this price range. It will be assembled at the Purwakarta plant in West Java province with a local content of over 80%.
GO GO is a five-door hatchback designed for emerging countries which was introduced in India in March 2014. The model will be built at the Purwakarta plant.
(Note) 1. When Honda launched the Brio Satya, it facelifted the Thai-made Brio and started selling it as the Brio Sport (fitted with a 1.3-liter engine and priced at IDR 169 million-179 million). Honda also released a model equipped with a 1.2-liter engine and a five-speed automatic transmission as the Brio (priced at IDR 131 million- 136 million). The Brio Sport and the Brio are not LCGC-certified models.
2. Through launching two models under the Datsun brand, Nissan aims to make the Datsun vehicles account for up to 50% of its total sales in Indonesia in 2016. In addition, Nissan has a target to expand its market share to 16% in the same year (Nissan had a 6.9% share in 2013).



Toyota group expands annual production capacity

 Toyota started operations of the second Karawang plant in March 2013 and began producing the compact models including the Etios Valco, Vios and Yaris. Combined with the first Karawang plant which is building the IMV series for emerging markets (consisting of the Hilux pickup, Innova MPV and Fortuner SUV), Toyota's annual production capacity expanded to 250,000 units. The company plans to open a new engine plant with an annual capacity of 216,000 units in the first half of 2016.

 In October 2012, Daihatsu started running its Karawang plant where it is building the LCGC-certified Daihatsu Ayla and Toyota Agya. With its existing Sunter plant which is assembling MPVs, SUVs and vans, Daihatsu's annual capacity added up to 530,000 units. The automaker is now establishing a state-of-the-art efficient line at its engine plant.

 Toyota has been aggressive to launch new models such as the Etios Valco, an Indonesian version of the global model for emerging markets, the Vios and Yaris compact cars, and the Corolla Altis midsize sedan. It also added the models for local production. Moreover, Toyota boosted exports from Indonesia; it started exporting the Fortuner IMV to South America and the Vios compact sedan to ASEAN and Middle Eastern countries.

Toyota opens a second plant with 120,000-unit capacity; its new engine plant to start running in the first half of 2016

Second plant starts operations  In March 2013, Toyota Motor Manufacturing Indonesia (TMMIN), Toyota's production subsidiary in Indonesia, announced that its second Karawang plant has started operations to produce compact cars. With an investment of JPY 33 billion, the plant employs 1,100 people to assemble the Etios Valco, Vios and Yaris. Its annual production capacity was raised to 120,000 units in early 2014 from the initial capability of 70,000 units.
Building new engine plant  With a total investment of JPY 23 billion, TMMIN has begun building a new engine plant at the site near its Karawang assembly plant in February 2014. The plant is scheduled to start running in the first half of 2016 with 600 new employees. Its annual production capacity is 216,000 units, and half of which will be exported. The plant will have a third learning center in Indonesia where forging, processing and assembling skills will be trained.

Daihatsu to add a new engine production line to transfer assembly from existing line

 In August 2013, Daihatsu revealed that PT Astra Daihatsu Motor, its Indonesian subsidiary, will add a new production line of engines for passenger cars at its Karawang engine plant. The new line is slated for starting operations in the summer of 2015 with an annual production capacity of 200,000 units. As production will be gradually transferred from the existing lines to the new line to improve cost competitiveness and quality, the total annual capacity will be unchanged from the current level of 530,000 units.


Toyota's plants in Indonesia (operated by Toyota Motor Manufacturing Indonesia)
Plant 1
Plant 2
engine plant
Plant 1
Plant 2
Start of production 1998 March 2013 First half
of 2016
1973 1977
Production lineup Kijang Innova,
Etios Valco, Vios,
Limo, Yaris
Engines for passenger cars Engines for IMV Series Stamping parts and dies, aluminum castings
Annual production capacity 130,000 units 120,000 units 216,000 engines 195,000 engines Aluminum castings:
12,000 tons
Daihatsu's plants in Indonesia (operated by Astra Daihatsu Motor)
Sunter plant Karawang plant Karawang engine plant
Start of production 1992 Oct. 2012 2006 (The new line to start running in the summer of 2015)
Production lineup Daihatsu Terios/Toyota Rush,Daihatsu Xenia/Toyota Avanza,Daihatsu Gran Max/Toyota Lite Ace/Hiace/Town Ace, Daihatsu Luxio Daihatsu Xenia/Toyota AvanzaDaihatsu Ayla/Toyota Agya Engines for Xenia/Avanza, Terios/Rush, and commercial vehicles
Annual production capacity (unit) 400,000 130,000 530,000 (The total capacity will not change after the new line starts operations.)


Toyota expands its lineups and local production

Model Launch time Powertrain Price        (in millions IDR) Outline
Etios Valco Mar. 2013 1.2L petrol engine + 5-speed MT 135.5 -161.6 This compact hatchback is an Indonesian version of the Etios which had been launched in India and Brazil as a global model for emerging countries.
New Vios May 2013 1.5L petrol engine + 5-speed MT/ 4-speed AT 242.5 -272.5 This is the third-generation model of the compact sedan. Initially it had been imported from Thailand, but it has been built in Indonesia since December 2013.
New Corolla Altis Jan. 2014 1.8L petrol engine + 6-speed MT/ 7-speed AT with a paddle shift 372.1 -407 This is the eleventh-generation model of the midsize sedan. It is imported from Thailand with an annual sales target of 2,000 units.
New Yaris Mar. 2014 1.5L petrol engine + 5-speed MT/ 4-speed AT 219.2 -256.1 The third-generation model of the compact hatchback is built in Indonesia while the second-generation model had been imported from Thailand. Its monthly sales target is set at over 2,000 units. Toyota plans to export the new Yaris to Brunei, Singapore and Malaysia starting in April 2014.


Toyota exporting Indonesian-made Fortuner and Vios

Export of Fortuner to South America  Toyota has begun exporting Indonesian-made Fortuner IMV to South America in September 2013. It is expected to export approximately 8,000 units to the area excluding Argentina and Brazil. The Fortuner had been already exported to Middle Eastern countries.
Export of Vios to ASEAN and Middle East  The Vios is the first Indonesian-made sedan for Toyota to export to the other countries. Export of the Vios started in December 2013 to Singapore and Brunei while shipments began in March 2014 to Middle Eastern countries including Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates, Jordan Lebanon and Yemen. Initially, Toyota aims to export 1,000 units of the Vios per month and gradually increase shipments to 3,000 units per month.



Honda, Nissan Suzuki, Mitsubishi and Mazda in Indonesia

Honda's annual production capacity rises to 200,000 units with addition of second plant

Second plant starts operations  PT Honda Prospect Motor, Honda's automobile production and sales joint venture in Indonesia, has started operations at its second Karawang plant in January 2014. With its annual production capacity of 120,000 units, the automaker's annual capacity rose to 200,000 units. Honda's existing plant has a capacity of 80,000 units which was boosted from 70,000 units when the plant launched production of the Brio Satya. The new Karawang plant has begun building the new MPV Mobilio, and is scheduled to assemble the compact Brio which is now built at the existing plant.
Launch of new MPV Mobilio  In January 2014, Honda launched the Mobilio, its first low-priced MPV in Indonesia. It was jointly developed by Honda's R & D teams in Thailand and Indonesia for Asian markets. The MPV comes with a 1.5-liter i-VTEC engine and a five-speed manual transmission or CVT. 86% of its parts are locally supplied. It is priced at IDR 159.5 million-198 million.
Release of new Odyssey  The fifth-generation model of the luxury MPV was released in January 2014. It is imported from Japan with a sales target of over 500 units in 2014. The model is equipped with a 2.4-liter i-VTEC engine and a CVT. Its price ranges from IDR 599 million to 702 million.


Nissan to raise annual production capacity to 250,000 units in 2016

Enhancement of production capacity  In September 2013, Nissan disclosed a plan to raise the annual production capacity of its Purwakarta plant to 250,000 units by 2016 from the current level of 90,000 units. The company also plans to increase the number of employees at the plant to 3,300 people.
Launch of new Teana  In March 2014, Nissan's new Teana, a redesigned midsize sedan, went on sale in Indonesia with a monthly sales target of 80 units. It comes with a 2.5-liter QR25DE engine and an Xtronic CVT. The highest grade of the model is priced at IDR 535 million.
Release of new Grand Livina  Nissan released the new Grand Livina, a redesigned MPV with a new exterior and interior, in May 2013. The model features a 1.5- or 1.8-liter engine and is priced at IDR 179 million-260 million. The monthly sales target is assumed to be 4,000 units.


Suzuki plans to build new powertrain and vehicle assembly plants

 In 2012, Suzuki had purchased a 1.3 million-square-meter land within the GIIC industrial center located to the east of Jakarta. The automaker has been building a new powertrain plant and an automobile assembly plant with a total investment of JPY 93 billion.
Building a new engine and transmission plant  Suzuki plans to establish start-to-finish production facilities from casting and forging to machining, thermal treatment and assembly, while transferring a part of production of engines from its Cakung plant. The company aims to boost the rate of in-house production for higher manufacturing efficiency. The new plant has started a part of production in February 2014 and is scheduled to begin continuous production in November of the same year.
Construction of a new automobile assembly plant  The new assembly plant is slated to start operations in January 2015 when production of the Ertiga will be transferred from the Tambun plant. Suzuki plans to manufacture the Karimun Wagon R at the new plant in the future. Combined with the Tambun plant (with an annual capacity of 150,000 units) and the new plant (100,000 units), the automaker's annual production capability in Indonesia will climb to 250,000 units in FY 2015.


Mitsubishi plans to open a new plant after late 2017

 In Indonesia, Mitsubishi Motors plans to build a new plant which is scheduled to open after late 2017. The new plant is assumed to build a seven-seat MPV. Mitsubishi Motors currently contracts out production of its passenger cars including the Outlander Sport to Krama Yudha Ratu Motor. Krama is building Mitsubishi brand vehicles and Mitsubishi Fuso's Colt Diesel (known as the Canter in Japan) at its Jakarta plant, but in the future, it plans to concentrate on assembling commercial vehicles. Therefore, production of Mitsubishi Motors' passenger cars is expected to be transferred to the automaker's new plant.


Mazda launches VX-1 compact MPV supplied from Suzuki

 Mazda Motor Indonesia launched the VX-1, a new compact MPV, in May 2013. The model is a rebadged Ertiga MPV supplied from Suzuki. It is priced at IDR 178.8 million-191 million, more expensive than the highest grade of the Ertiga priced at IDR 174.8 million. Mazda has an annual sales target of 10,000 units for the VX-1 in the future.



GM, Renault, Proton and Tata in Indonesia

GM resumes operations of Bekasi plant to produce Chevrolet Spin

Bekasi plant
 In May 2013, GM resumed operations of its Bekasi plant in West Java Province. The automaker invested USD 150 million to renovate facilities of the plant which had halted production since March 2005. With 700 employees, the Bekasi plant has an annual production capacity of 40,000 units.
Production and sales of
Chevrolet Spin
 The Chevrolet Spin is a three-row seven-seat compact MPV produced at the Bekasi plant. The MPV features a 1.2-/1.5-liter petrol engine or 1.3-liter turbocharged diesel engine and a six-speed automatic transmission. 80 % of Indonesian-made Spins will stay in Indonesia while 20% will be exported to Thailand and the Philippines. It is priced at IDR 146.8 million-197.8 million.


Renault reenters Indonesian market and starts production of Duster

Partnership with Indomobil for assembly and sales  In September 2013, Renault announced its reentry in the Indonesian market through signing a partnership agreement with Indomobil Sukses International, a leading Indonesian automaker, for assembly and sales of Renault's vehicles. The French automaker discontinued operations in Indonesia in 1998 due to the Asian economic crisis. Indomobil has been the distributor for Nissan since 1981.
 For the Indonesian market, Renault launched three models: the Duster, Koleos and Megane RS. The automaker will reconstruct a dealer network and open 45 showrooms by 2016. It has a target to become one of the top European brands in Indonesia by the same year.
Production and sales of Duster  The Duster is a global compact SUV developed by Dacia of the Renault Group. The model is sold under the Renault brand in Indonesia. It comes with a 1.5-liter diesel engine of the Renault-Nissan Alliance for its global vehicles. The Duster is assembled at a plant of Indomobil, using the semi-knocked-down kits imported from the Chennai plant in India. Its price starts at IDR 239 million.
Import and sales of Koleos and
Megane RS
 The Koleos premium SUV is imported from the Busan plant in Korea while the Megane RS sport model from the Palencia plant in Spain. The Koleos features a 2.5-liter petrol engine and an X-tronic CVT. The Megane RS is equipped with a 2.0-liter engine.
dedicated models for Indonesia  Starting in 2015, Renault plans to launch dedicated models for local assembly that will cover the heart of the Indonesian market.


Proton launches Suprima S C-segment hatchback and Preve midsize sedan

Launch of
Suprima S
 In November 2013, Proton launched the Suprima S, a C-segment hatchback, with an annual sales target of 150 units. Indonesia is the first export market for the model which had been released in Malaysia in August. The Suprima S comes with Proton's 1.6-liter turbocharged engine and a CVT with seven-speed manual mode. It is priced at IDR 275 million.
Release of Preve  Proton released the Preve midsize sedan in June 2013. The model is equipped with a new 1.6-liter turbocharged engine and a CVT with seven-speed manual mode. It also features a satellite navigation system, automatic head lamps, and Bluetooth connectivity. The price for the Preve is IDR 285 million.


Tata Motors starts distribution in Indonesia

 Tata Motors has started distribution of its passenger and commercial vehicles in Indonesia in September 2013. The company has also established 15 dealerships and 40 workshops in the country by the end of March 2014.
 Tata launched the Vista compact hatchback, Aria MPV, and Safari Storme SUV in September 2013. Following these three passenger vehicles, the automaker released two pickups: the Super Ace compact pickup in November and the Xenon pickup in December 2013.



Heavy commercial vehicle manufacturers: Mitsubishi Fuso, UD Trucks and Kamaz

Mitsubishi Fuso to introduce FUSO brand trucks designed for emerging countries

1 million-unit sales in Indonesia  In November 2013, Mitsubishi Fuso Truck and Bus Corporation of Daimler Group held a ceremony to celebrate 1 million-unit sales in Indonesia. Starting distribution of the trucks and buses in 1970, it took 43 years for Mitsubishi Fuso to achieve the 1 million mark. Indonesia is the second country following Japan where a million units of its products have been sold. With a leading market share of 40% in the overall truck market in Indonesia, Mitsubishi Fuso accounted for 52.8% of the light-duty truck segment (5-8 tons GVW) served by the Colt Diesel (sold as the Canter in Japan) for the period between January and August 2013.
Launch of FUSO brand trucks  Mitsubishi Fuso plans to introduce Indian-made trucks in Indonesia by the end of 2014. It will launch two FUSO strategic trucks which Daimler India Commercial Vehicles (DICV) and Mitsubishi Fuso jointly developed for Asia and Africa and that DICV manufactures. It will also release another FUSO truck whose specification is adjusted to the Indonesian market. Mitsubishi Fuso aims to maintain its top position in the truck market through expanding its lineups of medium- and heavy-duty trucks.


UD Trucks builds its first parts warehouse and launches Quester truck for emerging countries

Construction of spare parts warehouse  UD Trucks of Volvo Group plans to build its first spare parts warehouse in Indonesia in Balikpapan, Kalimantan Island. Its operations are slated to start in the third quarter of 2014. With this warehouse, UD Trucks expects to supply spare parts to the customers in the Island more quickly as these parts used to be delivered from the warehouse in Singapore.
Launch of Quester  In September 2013, UD Trucks launched the Quester, a new heavy-duty truck designed especially for emerging countries for the first time, in Indonesia. It is imported from the new plant in Thailand which was established exclusively for production of the Quester. UD Trucks has established a system to procure the parts and to locally manufacture the Quester in the Asian market. The company offers a fuel-efficient heavy-duty truck which meets various requirements of the emerging countries at an affordable price. The Quester is powered by an 11-liter diesel engine and priced at around IDR 1 billion.


Kamaz signs distribution agreement for Indonesian market

 In February 2014, Kamaz, a leading Russian truck manufacturer, signed a distribution agreement for the Indonesian market with Tehnika Ina, a local distributor. Kamaz plans to launch its four models including a truck chassis, semi-trailer truck and dump truck. The products for sale in the country will be certified within three or four months. The Russian truck manufacturer has a plan to locally assemble its products in the future. It aims to increase its exports by five times in next seven years (Its exports of trucks and CKD sets totaled 5,700 units in 2013).



Sales Forecast by LMC Automotive: Indonesian sales to increase to 1.54 million units in 2017

(LMC Automotive,Quarter 1, 2014)

Indonesian light vehicle sales forecast by group The Indonesian light vehicle market finished 2013 with record high sales of 1,083,600 units, up 6.9% from 2012, partly owing to strong demand for Low Cost Green Car (LCGC) models during the fourth quarter. Yet sales are projected to lose some momentum in 2014, at around 1,158,600 units, as a result of high inflation and interest rates, as well as due to a weakening Rupiah and rising fuel prices.

 As for the medium- and long-term outlook, Indonesia (the world's fourth most populous nation) has the highest sales growth potential in Southeast Asia due to its large, growing, and young population, with a fast expanding middle class. Indonesia is forecast to become the largest new light vehicle market in the region by 2015, surpassing Thailand, and its sales will increase to 1,543,500 units in 2017.

Indonesian light vehicle sales forecast by make

SALES GROUP GLOBAL MAKE 2011 2012 2013 2014 2015 2016 2017
Total 794,771 1,013,975 1,083,629 1,158,565 1,297,865 1,422,404 1,543,483
Beiqi Foton Foton 724 830 812 774 903 851 1,022
BMW Group BMW 1,551 2,203 2,172 2,224 2,481 2,798 3,016
MINI 37 342 344 305 336 364 403
BMW Group Sub-total 1,588 2,545 2,516 2,529 2,817 3,162 3,419
Changan Automobile Group Changan 0 0 0 164 179 183 208
Chery Group Chery 185 205 0 0 0 0 0
Daimler Group Fuso 12,191 11,979 13,799 11,924 13,604 15,175 18,251
Mercedes-Benz 4,538 4,559 3,723 3,694 4,658 5,629 6,289
Smart 277 235 118 135 130 129 128
Daimler Group Sub-total 17,006 16,773 17,640 15,753 18,392 20,933 24,668
DRB-Hicom Proton 1,598 2,024 1,180 1,431 1,098 1,575 1,845
Fiat-Chrysler Group Chrysler 0 0 16 59 62 61 66
Dodge 0 0 345 294 309 303 319
Jeep 873 500 594 501 520 556 582
Fiat-Chrysler Group Sub-total 873 500 955 854 891 920 967
Ford Group Ford 15,669 11,839 8,760 10,134 22,501 34,609 38,106
Fuji Heavy Subaru 252 321 1,122 907 960 978 1,027
Geely Group Geely 1,022 1,232 511 0 0 0 0
Volvo 4 0 24 40 46 52 71
Geely Group Sub-total 1,026 1,232 535 40 46 52 71
General Motors Group Chevrolet 4,658 5,643 16,140 27,341 29,689 30,113 32,696
Honda Group Honda 45,416 69,186 93,103 111,261 124,538 126,884 139,661
Hyundai Group Hyundai 4,785 5,939 3,616 3,859 3,625 4,042 4,726
Kia 9,081 13,809 11,565 10,797 11,412 12,502 13,847
Hyundai Group Sub-total 13,866 19,748 15,181 14,656 15,037 16,544 18,573
Isuzu Motors Isuzu 17,773 18,913 15,148 15,114 17,002 20,900 23,268
Mahindra Group Mahindra 0 0 0 0 46 45 51
Mazda Motors Mazda 8,933 12,361 10,950 9,401 10,330 12,600 14,276
Mitsubishi Motors Mitsubishi 74,383 85,740 88,500 95,094 106,531 122,709 135,039
Other Chinese Manufacturers Youngman Lotus 380 240 40 42 59 79 108
PSA Group Peugeot 188 269 337 377 440 498 571
Renault-Nissan Group Dacia 0 0 641 2,084 2,837 3,259 3,516
Datsun 0 0 0 47,566 75,417 91,169 98,648
Infiniti 56 36 44 45 52 54 62
Nissan 56,135 67,142 60,343 57,079 59,677 66,239 74,084
Renault 0 0 64 52 52 58 63
Samsung 0 0 126 409 556 639 691
Renault-Nissan Group Sub-total 56,191 67,178 61,218 107,235 138,591 161,418 177,064
Suzuki Group Maruti 0 34,074 72,575 67,125 70,293 74,800 78,163
Suzuki 94,569 92,502 91,142 92,885 109,504 120,720 126,785
Suzuki Group Sub-total 94,569 126,576 163,717 160,010 179,797 195,520 204,948
Tata Group Jaguar 51 47 45 54 80 79 88
Land Rover 53 55 0 66 64 66 80
Tata 0 0 7,990 26,243 35,923 43,988 47,273
Tata Group Sub-total 104 102 8,035 26,363 36,067 44,133 47,441
Toyota Group Daihatsu 139,545 162,742 177,113 185,305 193,623 205,291 224,569
Hino 1,956 2,471 3,174 3,158 3,394 3,970 4,304
Lexus 462 612 693 700 836 911 995
Toyota 296,398 404,394 395,222 368,472 392,531 415,513 446,189
Toyota Group Sub-total 438,361 570,219 576,202 557,635 590,384 625,685 676,057
Volkswagen Group Audi 334 407 403 380 424 511 540
Volkswagen 694 1,124 1,135 1,070 1,143 1,502 1,857
Volkswagen Group Sub-total 1,028 1,531 1,538 1,450 1,567 2,013 2,397
Source: LMC Automotive "Global Automotive Sales Forecast (Q4 2013)
(Note) 1. Data indicate figures of only small-size vehicles, including passenger cars and light commercial vehicles with a gross vehicle weight of under 6 tons.
2. All rights reserved. Reproduction of any data will require permission of LMC Automotive.
3. For more detailed information or inquiries of forecast data, please contact LMC Automotive.

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