Stable Sales of Fuso Trucks Despite Prices Rise

By : Ahmad Fadli And Aldi Firhand. A | Wednesday, August 08 2018 - 22:33 IWST

Commerce Vehicle Illustration Mitsubishi Fuso
Commerce Vehicle Illustration Mitsubishi Fuso

INDUSTRY.co.id - Serpong - Sales of Mitsubishi Fuso trucks were not interrupted and even increased despite the weakening rupiah exchange rate which boosted the prices of commercial vehicles in the country.

"We have raised prices (Fuso trucks) up since May 2018," said Director of Marketing and Sales of PT Krama Yudha Tiga Berlian Motors (KTB) Duljatmono met on the sidelines of the Gaikindo Indonesia International Auto Show (GIIAS) in Tangerang, Banten, which took place August 2-12 2018.

According to him, the increase in the price of the truck so far has not disrupted the sale of Mitsubishi Fuso.

Even in the first semester of 2018, KTB which was the agent of the Fuso brand holder gained a 25 percent increase in sales.

"The price increase of 1.5 percent is not influential, maybe because it is a good business again," Duljatmono said.

He said there were three drivers of growth in demand for trucks and other commercial vehicles in Indonesia, namely infrastructure development and improved prices for plantation commodities, especially palm oil and mining commodities, especially coal.

Duljatmono is optimistic that the growth in truck demand in the first semester will continue in the second half of 2018, in line with the improving economic growth in Indonesia.

"If there are no major events, the demand for trucks in the second semester is usually better than in the first semester," he said.

Therefore, he continued, KTB launched five new variants of medium trucks, Fighter, to target the infrastructure, logistics, and plantation and mining markets.

KTB targets that by the end of 2018 Fuso truck sales will exceed 53 thousand units with a market share of around 46 percent.

Java, including the Jabodetabek region, still contributes the largest sales of 55 percent, then Sumatra around 30 percent, the rest is in other regions in Indonesia.

News Comment

Today's Industry

PT Dharma Polimetal ("Dharma Group") Triputra Group automotive component manufacturing company.

Senin, 28 November 2022 - 12:15 WIB

DRMA Remains Optimistic 2023 Automotive Still Rises, Targets Sales Up 20%

PT Dharma Polimetal Tbk (“DRMA”), a listed company engaged in automotive component manufacturing business sees the prospects for the automotive business in 2023 will still remain promising.…

Alvara Research

Sabtu, 26 November 2022 - 06:20 WIB

Turnover Rises High, Culinary MSMEs No Problem Paying OFD Platform Commissions

Online food delivery (OFD) services have accelerated the growth of food and beverage (F&B) MSMEs in Indonesia by 1.9 times faster compared to offline sales. OFD platforms enable MSMEs to have…

KB Bukopin Building. (Photo: Kompas.com)

Kamis, 24 November 2022 - 20:43 WIB

Shares Price Falling, Deficit IDR 6.99 Trillion, KB Bukopin Investors Not to Expect Dividends

The shareholders hope of issuers listed on the Indonesia Stock Exchange is of course to produce investment results in the form of capital gains and dividends obtained from the positive performance…

A Health exhibition of Banten Province on November 3-5, 2022 at ICE BSD, South Tangerang, Banten. (Photo: Banten Province PR)

Jumat, 18 November 2022 - 16:14 WIB

Premier Bintaro Hospital Assigned as Banten Medical Tourism Hospital

Banten Province hosted the 58th National Health Day by holding a health exhibition on November 3-5, 2022 at the Indonesia Convention Exhibition (ICE) BSD, South Tangerang, Banten.

GoTo is a blend of Gojek and Tokopedia. (Photo: republika.co.id)

Jumat, 18 November 2022 - 15:31 WIB

Employee Efficiency Considered Realistic for GOTO Growing Healthier

The dynamic and challenging economic situation has prompted many world-class companies to redesign their business strategies. Various ways are taken, such as efficiency and cost optimization,…