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Domestic Car Sales Surge Again in May 2023

Cindy Mutia Annur 19/06/2023 16:40 WIB

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According to Gaikindo data, domestic car sales performance showed significant growth in May 2023, after a sharp decline the previous month.

Monthly Wholesale Sales Volume of Domestic Passenger Cars (May 2022-May 2023)

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Monthly Wholesale Sales Volume of Domestic Passenger Cars (May 2022-May 2023)

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Sales of four-wheeled vehicles in Indonesia experienced significant growth during May 2023, after a sharp decline the previous month.

According to data from the Indonesian Automotive Industry Association (Gaikindo), domestic wholesale sales of cars reached 82,097 units in May 2023. This figure surged approximately 39.35% compared to April 2023 (month-on-month/MoM).

Compared to the same period last year, domestic wholesale car sales in May 2023 also increased by 65.15% (year-on-year/YoY).

In total, wholesale car sales in the domestic market from January to May 2023 reached 423,404 units, while the same period last year was only 396,120 units. This means an increase of approximately 6.88% (cumulative-to-cumulative/CTC).

The increase in wholesale car sales in the domestic market is due to the fact that production and sales performance have returned to normal. In April 2023, there was a decline in sales due to Ramadan and Idul Fitri, resulting in fewer working days than usual.

By brand, Toyota remains the leading contributor with wholesale sales of 28,178 units throughout May 2023. This amounts to 34.32% of total wholesale car sales that month.

Here are the top 10 best-selling car brands in Indonesia in May 2023 based on wholesale sales:

1. Toyota: 28,178 units
2. Daihatsu: 16,009 units
3. Honda: 11,158 units
4. Suzuki: 6,377 units
5. Mitsubishi Motors: 5,719 units
6. Hyundai: 3,030 units
7. Hino: 2,554 units
8. Isuzu: 2,169 units
9. Wuling: 2,119 units
10. Mitsubishi Fuso: 1,916 units

Editor : Adi Ahdiat

"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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Domestic Car Sales Surge Again in May 2023

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Domestic Car Sales Surge Again in May 2023

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