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Hino projects the sales of commercial vehicle this year to be moderate

22 January 2020 16:50

JAKARTA. PT Hino Motors Sales Indonesia (HMSI) said that the commercial vehicle market in 2020 is still moving moderately, just like in 2019, because of macroeconomic factors and commodity prices that are still weak.

Santiko Wardoyo, Director of Sales and Promotion of HMSI, said there are still greater opportunities this year. Because the government has provided support, such as cut on interest rates. In addition, a number of infrastructure projects are also considered to be quite smooth.

"Hopefully in 2020 the government sector can make more move," Wardoyo told Bisnis Indonesia on Wednesday (22/1) today.

For information, the Association of Indonesia Automotive Industries (GAIKINDO) recorded that the wholesale sales of Hino trucks reached 31,068 units in 2019, 21.8% lower than in 2018 (39,737 units). (KR/AR)

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