Indonesia's fast-laners doing just fine

In the first half of 2000, BMW sales in Indonesia were up 733% from a year earlier; not bad considering the rupiah lost a quarter of its value.

For the Indonesian elite, life must be getting better. It would appear BMW is fast replacing IMF as the best-known TLA Three-Letter Abbreviation, if latest sales figures are anything to go by. In the first half of the year, sales of new BMWs soared a massive 733% to more than 1,000 units, while for Asia as a whole the rise was a more modest 17% to 27,476. The German automaker expects its Indonesian new car sales to...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: indonesias | fastlaners | doing | fine

Print Edition

FinanceAsia Print Edition