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Indonesian Car Sales Still Weak, Drops 34% in January

JAKARTA (TheInsiderStories) - The national car sales have not yet recovered in early 2021 showed by the association data in January the producers only sold 52,910...

Indonesia Gives a Relaxation for Automotive Industry

JAKARTA (TheInsiderStories) - In an effort to recover the economy, Indonesia gave a relaxation to the automotive industry, said the senior economic minister on Thursday (02/11)....

GAIKINDO: Indonesian Car Sales 750,000 Units in This Year

JAKARTA (TheInsiderStories) - The Association of Indonesian Automotive producers (GAIKINDO) is optimistic that new car sales in this year could reached 750,000 units compared to...

Indonesian Motorcyle Sales Fell by 43.57% in 2020

JAKARTA (TheInsiderStories) - Indonesian motorcycle sales fell drastically by 43.57 percent in 2020 compared a year ago due to the COVID-19 pandemic, said the association on...

Indonesia’s Car Sales Drops 48.35% in 2020

JAKARTA (TheInsiderStories) - Indonesian car sales dropped by 48.35 percent during 2020 depressed by the COVID-19 pandemic, the Association of Indonesian Automotive Industries reported today. During...

Indonesia’s Car Sales Rises 10% in November to 53,884 Units

JAKARTA (TheInsiderStories) - Indonesia' car sales rose by 9.9 percent to 53,884 units in November from the previous month and fell by 41 percent compared to...

Indonesia’s Car Sales Only Grew Single Digit in October

JAKARTA (TheInsiderStories) - The Association of Indonesian Automotive Industry (GAIKINDO) reported car sales (from factories to dealers) as of October 2020, only rose 1...

In the Midst of Pandemic, Indonesian Car Sales Rises 15%

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...

Astra, Indonesian Car Sales Up More than 100% in July

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...

Indonesian Car Sales Soared 255% in June, says GAIKINDO

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...

Indonesian Leads Export Car to Vietnam, Surpassed Thailand

JAKARTA (TheInsiderStories) - Indonesia lead export cars to Vietnam and surpassed Thailand as the major supplier, the customs office reported on Friday (07/03). In the...

Indonesia’s CAR Sales Slumps to the Lowest Level in a Decade

JAKARTA (TheInsiderStories) - Indonesia' car sales slumped by 95.8 percent to 3,551 units in May compared to same month in 2019 still recorded 84,109 units, said...

Indonesian Car Sales Remains Weak After Dropped 90% in April

JAKARTA (TheInsiderStories) - Indonesian car maker association (GAIKINDO) sees the car sales in May will remains weak due to lack of demand, said the chairman...

Indonesian Car Sales Drops 17.63% in March

JAKARTA (TheInsiderStories) - Indonesian car sales dropped 17.63 percent from 90.338 units in March 2019 to 76,800 units in March 2020 caused the low demand,...

Indonesian Car Sales Drops in February Amid Low Demand

JAKARTA (TheInsiderStories)  - The Association of Indonesia Automotive Industries (GAIKINDO) reported, the national car sales slightly dropped from 80,424 units to 79,573 unit in February....

Isuzu Indonesia to Export 6,000 Units Traga to Philipines in 2020

JAKARTA (TheInsiderStories) - Indonesia’s joint venture automobile and commercial vehicle manufacturer, PT Isuzu Astra Motor Indonesia will export 6,000 units of Isuzu Traga to...

Carsome Get Fresh Funds US$50M from Japan’s MUFG

JAKARTA (TheInsiderStories) - MUFG Innovation Partners (MUIP) joint with other investors, invested in Malaysian-based Carsome Sdn Bhd., with worth of US$50 million to fend off its...

Weekly Briefing: Dovish to Global Policy Making Continues in October

JAKARTA (TheInsiderStories) - Good Morning! The dovish tilt to global policy making continued in October with the United States (US) Federal Reserves cutting rates for the...

Low Demand, Indonesian Car Sales Dropps in August 2019

JAKARTA (TheInsiderStories) - Indonesian car sales dropped 11.54 percent to 90,403 units in August from same month in 2018 of 102,197 units, said the car...

Indonesian Car Sales Below Target in This Year, says Gaikindo

JAKARTA (TheInsiderStories) - An Indonesian Car Manufacturer Association (Gaikindo) sees this year' national car sales will not be achieved cause low demand, tight competition, and...

Indonesia’s Car Sales Fell 13% in March

JAKARTA (TheInsiderStories) - Indonesian Automotive Industries Association reported the country' car sales dropped 13 percent to 253,863 units in the first quarter of 2019 compared...

Indonesian Car Sales Drops 15.36% in January

JAKARTA (TheInsiderStories) – Indonesian car sales dropped 15.36 percent to 81.218 in January 2019, the deepest since 2009. In the same period of 2018...

Morning Briefing: An Uphill Battle of Indonesia’s Foreign Debt

JAKARTA (TheInsiderStories) — Good morning! Indonesia kept climbing on the foreign debt lane. An official statement mentioned that the nation holds US$372.9 billion foreign...

Weekly Briefing: China’s Disappointing Economic Data to Monetary Policies

JAKARTA (TheInsiderStories) — Good morning! China’s economy moved lackadaisically, impacted by its trade war with the United States, even though the tension is now...

Morning Briefing: BI Rate Announces Today, Rupiah Potentially Strengthens Again

JAKARTA (TheInsiderStories) — Good morning! Bank of Indonesia (BI) will announce its 7-Day Reverse Repurchase Rate (7-DRR rate) today. Some analysts predicted the central bank...

Indonesia Car Sales Grow 6.82% in September

JAKARTA (TheInsiderStories) - Indonesia’s car sales drove positive growth, to 856.439 units, during January-September, according to Indonesian Motor Vehicle Association on Tuesday (16/10). It grew by...

Weekly Briefing: Asian Games Ceremony Gives Diversion For Indonesians

JAKARTA (TheInsiderStories) - Good Morning. The 18th Asian Games in Jakarta opened with a lavish ceremony and great fanfare on Saturday (18/08), providing ordinary Indonesians with...
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