Indonesia Commercial Vehicle Production Trend and Forecast

Indonesia is the world’s 4^th most populous nation and the world’s 10th largest economy in terms of PPP. The basic fundamentals of the country’s economy are strong and we are expecting some positive moment in GDP growth. Indonesia is the largest economy in South East Asia. The country’s GDP per capita has gradually grown, from $857 to $3,603 between 2000 to 2016 time duration.

ACG released latest Production forecast data of Indonesia Truck and Bus Model level Trend and Forecast data. Along with Production data, we also included Vehicle key specs detail. Japanese Brand dominates the market due to product and brand acceptance is high.

Due to improvement in mining, construction activities, and Macro Economy, the outlook of the Commercial vehicle is positive. Indonesia government promoting local production by introducing supporting policies for OEMs. There is more than 2 percent growth is expected in 2018 in Commercial Vehicle Segment.

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