Home MONEY & FINANCE Car Retail Sales Grow 25.7 Percent

Car Retail Sales Grow 25.7 Percent

The car retail sales business in Indonesia is showing signs of recovery. This is evidenced by retail domestic car sales which in July this year reached 80,518 units, or grew 25.7 percent compared to 64,033 units in the same period last year.

On the other hand, retail performance in July decreased compared to June this year. Retail sales in July fell 3.7 percent compared to June which reached 83,573 units.

Meanwhile, based on data from the Association of Indonesian Automotive Industries (Gaikindo), car sales from dealers to consumers reached 545,768 units from January to July this year. This performance grew 20.8 percent compared to 451,887 units during the same period in 2021.

Meanwhile, car shipments from factories to dealers or called wholesalers were recorded at 86,256 units in July this year. The realization grew by 29.4 percent compared to 66,639 units in the same period last year.

From January to July this year, wholesales were recorded at 561,287 units which grew 22 percent compared to 460,105 units which was the performance in the same period last year.

So, overall, the performance throughout the current year still made positive results. General Secretary Gaikindo Kukuh Kumara assessed that this increase in retail sales shows that the automotive industry trend is back to what it was before the Covid-19 pandemic.

Gaikindo estimates that in the future the automotive industry can survive until the end of the year under current conditions.

“The trend is towards normal, it is estimated that this good condition can continue,” said Kukuh to Bisnis Wednesday (10/8/2022).

Furthermore, Marketing and Customer Relations Division Head of PT Astra International Daihatsu Sales Operation (AI-DSO), Hendrayadi Lastiyoso, said that Daihatsu’s 7-month retail sales achievement percentage was higher than the national automotive market.

In addition, Daihatsu’s market share increased to 19.6 percent, an increase of 2.5 percent compared to YTD July 2021 of 17.1 percent. This makes Daihatsu stay in the second position in national car sales.

“We are grateful to be able to maintain the number 2 national automotive sales position. Daihatsu’s achievements for 7 months have also been at normal levels as before the Covid-19 pandemic. Hopefully, this positive achievement can continue, and be better than the previous year,” said Hendrayadi in a press statement, Wednesday (10/8/2022).

The recovery of the car sales sector is also felt by classic car sellers. Rope Motor owner, Roni Rope explained that there was an increase in sales compared to last year.

He admitted, that before the pandemic, he could sell up to 10 cars in a month. Then the condition is a mess so that not a single car he managed to sell.

“For now, thank God, 5-7 can come out,” he said.

He hopes that the economic condition can recover as before so that business actors like himself can bounce back.

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