Indonesia’s car sales fell 14.2% year-on-year in August

According to foreign media reports, according to wholesale data compiled by the Indonesian Automobile Industry Association Gaikindo, in August this year, Indonesia’s new car sales fell 14.

2% from 88,876 vehicles in the same period last year to 76,304 vehicles.

In terms of automobile brands, in August this year, in the Indonesian market, Toyota’s sales fell by 13.

8% year-on-year to 25,989 units, with a market share of 34.1%. sales of its subsidiary Daihatsu Motors fell by 20.

9% year-on-year to 13,829 units, with a market share of 18.1%. Honda’s sales fell by 35.

8% year-on-year to 7,556 units, with a market share of 9.9%. Mitsubishi Motors ‘sales fell 11.

9% year-on-year to 6,254 units, with a market share of 8.2%. Suzuki Motors’ sales fell 23.

4% year-on-year to 5,265 units, with a market share of 6.9%. BYD just entered the Indonesian market in June and ranked sixth in August with sales of 2,940 units.

Sales in the Indonesian auto market have continued to decline for more than a year after a strong rebound from the trough of the epidemic.

This year, as purchasing power continues to decline, domestic consumer sentiment in Indonesia has weakened significantly, and consumers have become increasingly reluctant to buy bulk commodities.

Indonesia’s central bank has raised its benchmark interest rate to 6.

25% from a low of 3.

5% two years ago to curb inflation and boost the Indonesian rupiah.

, In the first eight months of this year, cumulative car sales in Indonesia dropped from 675,287 units in the same period last year to 560,619 units, a drop of 17.1%. Among them, passenger car sales fell 16% year-on-year to 435,823 units, and commercial vehicle sales also fell 21% year-on-year to 124,796 units.

During the same period, Indonesia’s total automobile production fell 18% year-on-year to 779,235 units, while automobile exports fell 11% year-on-year to 298,691 units.

, In terms of automobile brands, in the first eight months of this year, in the Indonesian market, Toyota’s cumulative sales fell 17% year-on-year to 182,917 units.

the delivery volume of its subsidiary Daihatsu Motors fell 15% year-on-year to 113,173 units.

Honda’s sales were 61,394 units, a year-on-year drop of 37%.

Mitsubishi Motors ‘sales were 48,383 units, a slight decrease of 7% year-on-year.

Suzuki Motors’ sales fell 19% year-on-year to 43,808 units.

Omoda E5.

Photo source: Chery Automobile, judging from the sales of pure electric vehicles, in the first eight months of this year, Indonesia’s total sales of pure electric vehicles almost tripled to 23,330 vehicles, most of which were models from Chinese brands.

Since BYD started sales in Indonesia in June, it has delivered a total of 6,461 pure electric vehicles.

The Wuling Bingo pure electric small car starts at 317 million Indonesian rupiah (approximately US$20,550).

A total of 3,876 vehicles were delivered in Indonesia in the first eight months of this year.

During the same period, Wuling Automobile also sold 1,655 Wuling Air pure electric minicars in Indonesia.

Chery Automobile delivered 3,485 Omoda E5s in Indonesia in the first eight months.

, Return to the first electric network home page>,.

Link to this article: https://evcnd.com/indonesias-car-sales-fell-14-2-year-on-year-in-august/

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