Domestic Car Sales Drop 10.2% in October 2021
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Although the government extended the luxury goods sales tax (PPnBM) discount on new car sales, it was not enough to boost car sales in October 2021. The Indonesian Automotive Industry Association (Gaikindo) reported domestic car sales of 75,544 units in October 2021.
Sales decreased by 10.2% from the previous month. Domestic car sales in September 2021 were recorded at 84,121 units.
Gaikindo stated that two brands contributed to the sales decline in October 2021. Toyota, the best-selling brand, experienced the highest decline among other brands.
Toyota's sales totaled 21,797 units in October 2021. This figure is down 36.1% from the previous month, when it sold 34,122 units.
Furthermore, Daihatsu experienced a 2.9% decrease, from 17,529 units in September 2021 to 17,020 in October 2021. Meanwhile, other brands saw an increase in sales.
The highest increase occurred in UD Trucks, at 458.8%, from 17 units in September 2021 to 95 units. This was followed by Peugeot, with a 90% increase, and Honda with a 69.7% increase.
"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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