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Fuel Prices Down, Motor Vehicle Sales Rise

Fuel Prices Down, Motor Vehicle Sales Rise
Secretary General of the Association of Indonesian Automotive Industries (Gaikindo), Noegardjito optimistic with a reduction in fuel prices, the sales of motor vehicles will increase.

"Theoretically impact is good for sales but for the cost of production of components that baseball influence," he said after the show Ipsos Indonesia's Automotive Outlook 2020 at the Ritz Carlton Hotel Mega Kuningan, Jakarta, Thursday (03/31/2016).

The increase and decrease in fuel effect was seen since 2014 ago that where the price tends to rise. There Noerdjito assess their delay purchases of motor vehicles by the public.

Chairman I Gaikindo, Jongkie D Sugiarto disclose sales increase would be possible if the reduction in fuel prices followed by a decrease in logistics costs. If freight is not dropped significantly, the effect to decrease the selling price will not be great.

"The decline in fuel prices also not too big influence to the volume of sales," continued Jongkie.
But for the country's economic conditions are improving with the strengthening of the rupiah and declining BI rate will encourage the psychological community that the economy has improved and will not delay the purchase of motor vehicles. [ekonomi.metrotvnews.com]
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update information and news popular in asia and world Updated at: 10:31:00 AM