Indonesia’s Automobile Sales by Segment in 2022

The Indonesian automobile market grew by 18.1% year-on-year to 1,048,040 units in 2022, surpassing the level of pre-corona 2019. Passenger cars and MPVs reached around 80% and 90% of 2019 levels, respectively, while SUVs continued to drive growth. In the SUV and MPV categories, Indonesia’s two largest classes, the small segments increased over 30% and over 20%, respectively, while the midsize / large segments slightly declined.