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Friday, May 6, 2011

Astra sees car output down 15 pct y/y in Q2

Astra International , the country's largest vehicle distributor, said on Friday it expected car production to fall 15 percent in the second quarter from a year earlier, because of part shortages from Japan after its devastating tsunami. 

President Director Prijono Sugiarto said motorcycle output was still increasing, to tap a buoyant consumer market in Southeast Asia's largest economy. Source: Reuters

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