Copyright FOURIN, Inc. 2022
Indonesia’s Vehicle Production Increased 62.6% to 1.12 Million Units in 2021
|This report includes information on the following topics:||Key images:|
Indonesia's vehicle production in 2021 recovered to 1,121,967 units, up 62.6% from the previous year. While both domestic and overseas demand recovered, the revival of the domestic market was especially strong, going up around 70%, which in turn pushed up vehicle production. As for the business environment, it recovered 87% compared with the 2019 level prior to the pandemic, partly because social restrictions were not introduced as in 2020. Passenger vehicle sales rose 61.4% to 889,756 units, while demand for commercial vehicles increased 67.4 to 232,211 units.