• Fuel Subsidy        1
• Adjustment of prices of subsidized Fuel        3
• Prospects of Fuel price hikes, 2011        3

• Backgrounds        5
• Structure of automotive industry        6
• Production capacity        10
• Production up rapidly in 2011        11
• Sales in 2011 expected to exceed 2010        13
• Tight competition in sales early 2011        15
• Market dominated by MPV        16
• Toyota maintains strong lead in automotive market        17
• Exports growing in 2011        19
• Imports of cars in CBO form rise again        21
• Interest growing in investment in automotive industry in 2011 in Indonesia        23
• Government policy        25
• Expansion of sales networks        25
• Prices        26
• Prospects and Conclusion        27

• Backgrounds        29
• Automotive Division the largest        29
• Agribusiness Division        35
• Heavy Equipment, Mining and Energy Division        35
• Infrastructure Division        36
• Information Technology Division        36
• Financial Performances        36

• Introduction        38
• Production capacity  increases led by big players        38
• Players  Invest to Build New Factories        40
• Production  up in 2011        41
• Production of Yamaha Motorcycles Hindered by Limited Capacity        42
• Average production  per month higher in 2010        43
• Production  of Automatic Scooters up        44
• Sales in 2011 up        44
• Honda strengthens lead in market share        45
• Honda sales sustained by cub type        47
• Leading brands and types in sales of  motorcycles  2011        48
• Java the largest        49
• Exports still relatively small        50
• New models launched to attract buyers        50
• Variations of engine capacity become a marketing strategy        52
• Prospects and conclusion        53

• Motorcycle financing business still dominates financing business in the automotive sector        54
• Financing industry growing        55
• Outstanding bonds of multi-finance companies        56
• Players prepare internal cash to repay maturing bond debts        57
• Cut in bond coupon rate has no significant effect on credit interest rate        58
• A number of multi-finance companies issue bonds in 2011        58
• Conclusion        61

• Tire Producers and Production Capacity        63
• Production up 6.3% on the average per year        66
• Sales dominated by exports        67
• Production dominated by car tires        68
• Investment Interest High        69
• Tire quality standard - SNI        71

• BJB provides Rp 500 billion in credit for toll road project        74
• Sampoerna wraps up acquisition of Bank Dipo        74
• Medco to study business in operation of gas fuel filling stations this year        74
• Perum Pegadaian seeks additional capital of Rp 5 trillion        75
• Astra Group has a 57% share of car market        75
• BW Plantation to invest Rp 522 billion        76
• SBI acquires 25% of BNI Securities        76
• Nalco to build aluminum factory in East Kalimantan        76

• Chinese banks support investment in Indonesia        77
• Component industry continues to grow        77
• Chinese heavy equipment vendor entering Indonesia        77
• Seven state companies to build toll road in Bali        77
• Indonesia's non oil/gas exports to Japan shrink 40%        78
• Infrastructure projects validated        78
• Indonesia begins to doubt the benefit of free trade agreements        78
• PLN needs additional subsidy of Rpn14.8 trillion        79
• Government to take steps to protect domestic industries        79
• Assets of Sharia Banks Reach Rp 300 Trillion in 2015        80

• Directory of Brand Holding Sole Agents (ATPM)/Distributor/Manufacturer in Indonesia        81

• Economic Indicators        83
• Export and import        84
• Gross Domestic Product        85
• Oil Price and Foreign Exchange        86
• The Indonesian Economic Trends        87