In the midst of pandemic and large-scale social restrictions, the association of auto producers (GAIKINDO) reported, the national auto sales reached 43,362 units in September or up 15.2 percent from the prior month - Photo by MoF Office

JAKARTA (TheInsiderStories) – In the midst of pandemic and large-scale social restrictions, the association of auto producers (GAIKINDO) reported, the national auto sales reached 43,362 units in September or up 15.2 percent from the prior month. On the wholesale side, the increase has doubled to 30 percent, from 37,277 units in August  to 48,554 units in September.

The secretary general, Kukuh Kumara, stated that the increase in sales in September shows that the Indonesian automotive industry is heading in a good direction after experiencing its lowest point in May 2020. Cumulatively, national car sales have not fully recovered. During January – September 2020, national car sales were minus 53.6 percent from the same period last year.

Until last month, the retail sales only stopped at 407,830 units from a year ago recorded 759,938 units. In the same period, GAIKINDO also reported, sales from manufacturers to dealers on an annual basis (YoY), it fell 49.3 percent, from 755,094 to 372,046 units.

Based on the official data, Toyota is still the four-wheeled motor vehicle brand with the highest sales figures of 13,234 units, followed by Daihatsu 11,204 units, Mitsubishi 6,630 units, Suzuki 6,246 units, and Honda 5,856 units

“After the last four months (June – September 2020), Astra and other car producer sales have increased. We hope that this gradual increase in sales will continue until the end of 2020, so that the automotive industry can contribute to restoring the national economy,” said head of corporate communications PT Astra International Tbk (IDX: ASII), Boy Kelana Soebroto, in a press statement released end of last week.

While, Kumara 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