Total car sales of PT Astra International Tbk (IDX: ASII) for the July 2020 period rose 108.8 percent compared to the previous month - Photo: Special

JAKARTA (TheInsiderStories) – Total car sales of PT Astra International Tbk (IDX: ASII) for the July 2020 period rose 108.8 percent compared to the previous month. Based on data from the Association of Indonesian Automotive Industries (GAIKINDO), the Group car sales recorded 10,140 units from June’ realization of 4,856 units.

Cumulatively, the conglomeration’ car sales for the January – July period amounted to 149,645. However, the numbers was down 49.7 percent compared to the same period last year of 297,727 units.

Nationally, July’ wholesale car sales reached 25,283 units, up 103 percent over the previous month’s 12,623 units. These figure also improved compared to April with 7,868 units and May 3,551 units. While, total sales from January to July reached 286,215 units.

In addition, retail car sales (from dealers to consumers) in July recorded 35,799 units. This figure increased 16.5 percent compared to June, which was only 29,859 units. Total retail sales until July amounted to 326,393 units.

Throughout July 2020, all manufacturers have returned to production. Total production in Indonesia in July reached 24,397 units. These figure is up 38.4 percent compared to June’ production of 17,628 units. July’ production was also better than April (21,394 units), May (2,510 units), and July (24,397 units).

Toyota is still the market leader by selling 7,224 units, followed by Suzuki 6,369 units, Mitsubishi Motors 3,564 units, Honda 2,016 units, Daihatsu 1,553 units, Isuzu 1,166 units, Mitsubishi Fuso 1,126 units, Hino 731 units, Wuling 260 units, and Mazda 245 units.

Earlier, GAIKINDO’ secretary general, Kukuh Kumara, in a conversation with the media emphasized that the pandemic that hit Indonesia had an impact on the cessation of automotive dealers and factory operations, which in turn caused car sales in the COVID-19 era to fall significantly.

He considered that the recovery of the pandemic was the key to the revival of car production and sales as well as the support of the funding sector considering that more than 70 percent of car purchases using this facility. Before the virus struck Indonesia, the association had projected automotive sales in 2020 could potentially grow 5 percent compared to 2019.

This means that assuming sales of 1 million units last year, sales this year could reach 1.05 million units.

Written by Editorial Staff, Email: theinsiderstories@gmail.com