The association of auto producers (GAIKINDO) reported that national car sales in June soared by 255.47 percent to 12,623 units from May with only 3,551 units - Photo by Adira Dinamika Finance

JAKARTA (TheInsiderStories) – The association of auto producers (GAIKINDO) reported that national car sales in June soared by 255.47 percent to 12,623 units from May with only 3,551 units. Despite rising on monthly basis, the car sales are still sluggish compared to last year.

This is considering that vehicle sales in June 2019 reached 59,600 units and the June 2020′ sales  was still corrected by 78 percent. On annual basis, January – June of this year, the sales reached 260,933 units, down 45.87 percent compared to the same period in 2019, which recorded 482,097 units.

Last year, total national car sales was 1.03 million units, and the highest sales occurred in October 2019, which reached 96,128 units in a month. While for this year, the highest car sales occurred in January which reached 80,435 units, before finally the corona virus pandemic struck Indonesia, which was first announced by President Joko Widodo in early March.

During June 2020, there were a number of them that recorded positive sales, namely Toyota sold 3,775 units, Suzuki 2,755 units, Mitsubishi 2,404 units, Honda 1,267 units, and a combination of other brands of 1,185 units.

“By looking at Astra and national car sales figures in June, we hope that this recovery will continue, so that it can sustain national economic growth,” said head of corporate communications of PT Astra International Tbk (IDX: ASII) Boy Kelana Soebroto, in a press release, in Jakarta , Wednesday (07/15).

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