A Blessing that Brings a Curse

Very high economic growth and low interest rates have triggered demand for automotive products.

September 8, 2010

THIS year indeed belongs to the automotive industry. Sales figures in the first quarter of the year alone already doubled the rates in the same period last year. “The sales were remarkable as the economy was also vigorous,” said Joko Trisanyoto, Marketing Director of PT Toyota Astra Motor, last week.

Data actually show great leaps. Until June 2010, 370,000 cars were sold, rising by 76 percent over last year’s 210,000 units. During the peri

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