JAKARTA - PT Adira Finance Tbk (ADMF) predicts the sales revenues to go slow by the end of this year due to the slowing down of the new car sales. 

I Dewa Made Susila, Director Finance of PT Adira Finance Tbk (ADMF) stated that the car association predicted about the growth of car sales to increase by approximately 5% in two-wheeler or four-wheeler, respectively. "Up to date, in the first nine (9) months, the figure goes out off the estimation quite far; in which the sales of four-wheel vehicles were down by 12%, and sales of two-wheeler in wholesales - from manufacturers to dealers - grew by 4%, but in retail sales - from dealers to consumers - were estimated to be flat," he said.

However, the car sales from dealers to the consumers is predicted to be flat, which is very different between the reality and the earlier prediction. Approximately 60% of Adira's vehicles sales are related to new car. (LK/W)