Toyota, Daihatsu to Boost Locally Made Car Exports

From The Jakarta Globe
March 10, 2015

To encounter the rising costs brought on by a weakening Rupiah, Toyota Motor Manufacturing Indonesia and Astra Daihatsu Motor, local units of the Japanese car manufacturers, plan to boost exports of fully assembled cars by 10 percent this year.

TMMI plans to export 107,000 cars this year from 97,300 vehicles in 2013, while ADM has set an export target of 176,000 cars from 160,000 cars a year earlier.

Indonesia’s currency has dropped 5.2 percent so far this year to trade at Rp 13,047 against the US greenback on Tuesday.

For detailed story, visit here

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