Hino says Indonesia is biggest market outside Japan
December 14th, 2007
JAKARTA, Dec. 13 (Xinhua) — Japanese truck and bus manufacturer Hino Motors Ltd. said Thursday its first-half sales in Indonesia had surpassed those in Thailand to become the largest market outside Japan.
Indonesia is expected to end 2007 as Hino’s largest overseas market with estimated full year sales of 8,200 units to grab 15.5 percent of the market share in the segment, said Toshiro Mizutani, president director of local subsidiary PT Hino Motos Sales Indonesia (HMSI).
The company also said overseas sales will for the first time ever beat domestic sales this year.
”The sales composition used to be 60 percent domestic and 40 percent export, but this year it comes to the opposite with export 60 percent and domestic 40 percent,” visiting Hino Motors Ltd. vice president Shimchico Sugisaki was quoted by leading news website Detikcom as saying.
Source: http://news.xinhuanet.com/
Entry Filed under: World Tourism News
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