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BMW reports 86% surge in Indonesia sales
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15:28, November 20, 2007

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German car-maker BMW said its sales in Indonesia rose by 86 percent in 10 months to October this year from the same period last year supported by improving macro economy in the country.

Local subsidiary PT BMW Indonesia reported sales of 802 units in the January-October period of 2007 against 431 units in the corresponding period last year.

Series-3 sells 431 units to become the most favorite BMW model in the country, trailed by Series-5 with 190 units, leading economic daily Bisnis Indonesia reported Tuesday.

Improving macroeconomic indicators, such as foreign exchange rate, inflation and interest rate, have led Indonesian customers to regain confidence that fell to its weakest last year, when car sales suffered the sharpest drop, it said.

Source:Xinhua



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