Copyright FOURIN, Inc. 2023
Indonesia’s Automobile Sales in the First Half of 2020
Indonesia’s automobile sales (wholesale data) in the first six months of 2020 fell 19.8% compared to the same period of 2019 to 261,000 units. After the government issued large-scale social restrictions on April 3, 2020 in response to the outbreak of the new coronavirus, factories and the dealers were shut down. Major companies resumed automobile production in May and June, and the shrinking automobile market is thought to have bottomed out in May. However, the spread of the new coronavirus is continuing and it is highly possible that it will impact the second half of the year as well.
Looking at sales data by vehicle type, passenger vehicles fell 46.4% and commercial vehicles declined 44.2%. In the passenger vehicle sector, Indonesia’s two volume-selling segments LCGC regulation-compliant vehicles and non-sedans declined sharply in the first half of 2020. LCGCs dropped 45.7% to 55,000 units while the non-sedan segment, which includes hatchbacks, MPVs and SUVs, decreased 47.2% to 141,000 units.