According to the Association of Indonesian Automotive Manufacturers (Gaikindo), domestic vehicle sales in December 2013 came in at 97,691 units, an increase of 9.2% year-on-year (y-o-y). This brought total 2013 sales to 1,229,901 units, an increase of 10.2% and very much in line with our sales growth forecast of 10.4%. For 2014, we expect auto sales to grow 7.1%, to 1.32mn units.

BMI Industry View 7

SWOT 9

Political 10

Economic 12

Business Environment 14

Industry Forecast 15

      Table: Indonesia Automotive Market Overview, 2010-2017 15

Sales 15

Production 17

      Table: Indonesia Automotive Market: Auto Trade Balance, 2012-2018 19

Passenger Vehicles 23

Production 23

      Table: Indonesia Automotive Market: Passenger Car Sales And Production, 2012-2018 25

Sales 25

Commercial Vehicles 30

      Table: Indonesia Automotive Market: Commercial Vehicle Sales And Production, 2012-2018 30

Motorcycles 32

Long-Term Forecasts 34

      Table: Indonesia Automotive Market: Motorbikes Sales And Production, 2012-2018 34

      Table: SALES OF TOP THREE MOTORBIKE MANUFACTURERS 34

Suppliers 35

Macroeconomic Forecast 41

Current Account Mending Slowly 42

GDP Buffeted By Triple Headwinds 43

      Table: Indonesia - Economic Activity 44

Industry Risk Reward Ratings 45

Asia Pacific - Risk/Reward Ratings 45

      Table: Asia Pacific Autos Risk/Reward Ratings 48

Company Profile 49

Company Monitor 49

Toyota Astra Motor 52

Suzuki Indomobil Motor 53

Regional Overview 54

      Table: Vehicle Sales 2013 (CBUS) 54

Global Industry Overview 59

      Table: Passenger Car Sales November 2013 (CBUs) 59

Europe On Road To Recovery 59

Tax Hike Skews Japan's Outlook; US Hits Sweet 16 61

China Is BRIC Bright Spot 63

Demographic Forecast 66

Demographic Outlook 66

      Table: Indonesia's Population By Age Group, 1990-2020 ('000) 67

      Table: Indonesia's Population By Age Group, 1990-2020 (% of total) 68

      Table: Indonesia's Key Population Ratios, 1990-2020 69

      Table: Indonesia's Rural And Urban Population, 1990-2020 69

Methodology 70

Industry Forecasts 70

Sector-Specific Methodology 71

Sources 71

Risk/Reward Ratings Methodology 72

      Table: Automotive Risk/Reward Ratings Indicators And Weighting Of Indicators 73

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