National Car Production in 2015 Decreased

Transportation & Logistics

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16/08/2016 19:35 WIB

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Indonesian Car Production 2009-2015

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In 2015, domestic car production decreased by 15 percent to 1.1 million units due to a slowing economy across all sectors. The weakening of the Indonesian Rupiah against the US dollar also contributed to reduced demand for four-wheeled vehicles or more.

This decline followed five consecutive years of growth in national car production, starting in 2009. Peak production occurred in 2014, reaching 1.3 million units. The growth of the domestic economy and increased demand, driven by improved consumer purchasing power, led to the continuous increase in car production.

Gaikindo data shows that, up to the first half of 2016, car production reached 601,461 units, a 3.8 percent increase from the same period the previous year, which was 579,491 units.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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National Car Production in 2015 Decreased

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