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Indonesia 1999: Market bounces back up 59%, Mitsubishi up to #2 thanks to Kuda

After being annihilated by the Financial crisis in 1998 (-84.1%), the Indonesian new car market is slowly stepping out of its torpor with sales up 59% in 1999 to a still very shy 84.928 units, the lowest annual result since 1976 (72.438). Toyota (+58.9%) drives the market growth and sees its share remain almost immobile at 30.5%, but Mitsubishi (+269.7%) is up 4-fold to climb to the 2nd spot for the first time since we started following Indonesia annually in 1990, scoring an outstanding 19.3% share. Suzuki (+49.4%) remains at #3 while Isuzu (+9.2%) is down two spots to #4 and Daihatsu (+105.3%) down one to #5 despite doubling its sales year-on-year. Bankrupt in 1998, Timor reverses to the brand name it had been rebadging: Kia (+23.7%) but drops to 3.6% share. Chevrolet (+56.9%) is the only Western brand in the Top 10 at #8 and Hyundai (+505.1%) storms into the Top 10, up 6 spots to #10.

The Toyota Kijang (+54.6%) enjoys a 22nd consecutive year atop the Indonesian models charts with a stable 27% share, distancing the Isuzu Panther (+9.3%) and Suzuki Carry (+75.2%) like last year but the Mitsubishi Kuda (aka Adventure in the Philippines) stuns with a first full year in market spent at a splendid #4 with 7.6% share. The Daihatsu Taruma, new for 1999, lands directly at #5 with 7.4% above the Mitsubishi L300 and T120 while the Kia Sephia (ex-Timor S515) remains the most popular passenger car in the country and the only one in the Top 13.

Previous post: Indonesia 1998: Timor S515 up to #4 in annihilated market (-84.1%)

Full Year 1999 Top 23 All-brands and Top 70 All-models vs. Full 1998 figures below.

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