Domestic Car Sales Increased in August 2021

Transportation & Logistics

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Dwi Hadya Jayani 14/09/2021 12:00 WIB

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Domestic car sales in Indonesia reached 83,319 units in August 2021. This is the highest sales figure since December 2019.

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Domestic Car Sales Increased in August 2021

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The Indonesian Automotive Industry Association (Gaikindo) recorded domestic car sales in Indonesia of 83,319 units in August 2021. This figure represents a 25% increase compared to July 2021, which saw 66,639 units sold.

Year-on-year, domestic car sales in August 2021 increased by 123.5%. In August 2020, domestic car sales were only 37,277 units.

Cumulatively, domestic car sales reached 543,424 units from January to August 2021. This figure is up 68% compared to the same period in the previous year, which saw 323,494 units sold.

The recovery in domestic car sales performance was driven by the 100% exemption of the Luxury Goods Sales Tax (PPnBM) for cars with a capacity of 1,500 cc from March to August 2021. From September to December 2021, the PPnBM discount was reduced to 25%.

Meanwhile, the PPnBM discount for cars with a capacity of more than 1,500 cc up to 2,500 cc was 50% from March to August 2021. This discount was also reduced to 25% from September to December 2021.

Editor : Dimas Jarot Bayu

"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."