Indonesia Car Sales Rises 5.75% in May

Photo by Astra Internasional

JAKARTA (TheInsiderStories) – Car sales in Indonesia went up 5.75 percent year-on-year (y-o-y) to 93,661 units in May 2017 after rising by 5.68 percent in April, according to Indonesian Automotive Association. On a monthly basis, car sales were also up 4.55 percent, following a 12.46 percent dropped in the previous month.

Considering the first five months of the year, automakers sold 467,067 cars, 6.13 percent more than in the same period a year earlier 440,639 units. Car registrations in Indonesia averaged 54,284.46 cars from 1999 until 2017, reaching an all time high of 115,974 cars in September of 2013 and a record low of 1,898 cars in January of 1999.

Astra Group’s car sales rose 23.74 percent to 50,071 units y-o-y in May, but down 0.5 percent for month on month. Astra’s Toyota sales reached 32,913 units in May and Daihatsu sales was 15,613 units.

While sales of Astra’s low-cost green car (LCGC) reached 14,541 units in May, dropped 46% year on year or 0.2 percent lower month on month. Astra market share continued declining to 53 percent in May, from 56 percent in April. Its  LCGC market shares was 72 percent, lower than 73 percent in April.

In 2016, national car sales reached 1.06 million units, of which Astra’s car sales totaled 589,182 units, representing 56 percent of total national car sales. Sales of LCGC segment reached 235,171 units.

Astra sold 163,313 units of its LCGC segment last year, or 69% of national LCGC sales. For first five months this year, Astra car market share was 56% while Astra LCGC market share reached 78%.

(Written by Linda Silaen, Email: linda.silaen@theinsiderstories.com)