TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Car sales tumble in first half of 2025 as consumers rein in spending

Recovery continued to elude the four-wheel vehicle market in the January-June period amid ongoing weak consumer demand, with local multi-finance companies, which typically rely on car loans, posted modest year-on-year growth of 2.8 percent in May.

Ruth Dea Juwita (The Jakarta Post)
Premium
Jakarta
Thu, July 10, 2025 Published on Jul. 10, 2025 Published on 2025-07-10T12:36:46+07:00

Change text size

Gift Premium Articles
to Anyone

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
Cars prepare to board a ferry on Jan. 2, 2025, at Merak Port in Cilegon, Banten. Cars prepare to board a ferry on Jan. 2, 2025, at Merak Port in Cilegon, Banten. (Antara/Angga Budhiyanto)

T

he domestic four-wheel vehicle market showed no signs of recovery in the first half of 2025, with both wholesale and retail sales recording year-on-year (yoy) declines, reflecting continuing weakness in consumer demand.

According to data from the Association of Indonesian Automotive Manufacturers (Gaikindo), wholesale deliveries of new cars from factories to dealers reached 374,740 units between January and June, down 8.6 percent compared to the same period last year.

Retail sales, which measure purchases made by end consumers at dealerships, fell more sharply at 9.7 percent yoy to 390,467 units, down from 432,453 units in the first half of 2024.

Gaikindo chairman Jongkie Sugiarto said the persistent slowdown in sales was driven by a combination of factors including elevated interest rates, broader macroeconomic challenges and subdued consumer purchasing power.

“We hope automotive exhibitions such as the Gaikindo Indonesia International Auto Show [GIIAS] 2025, followed by Jakarta Auto Week and other regional auto shows, will help stimulate demand and boost overall sales,” Jongkie said, as quoted by Kompas.com.

GIIAS 2025 is set to run from July 24 to Aug. 3 while Jakarta Auto Week is slated take place in November, both in BSD City, Banten.

Prospects

Every Monday

With exclusive interviews and in-depth coverage of the region's most pressing business issues, "Prospects" is the go-to source for staying ahead of the curve in Indonesia's rapidly evolving business landscape.

By registering, you agree with The Jakarta Post's

Thank You

for signing up our newsletter!

Please check your email for your newsletter subscription.

View More Newsletter

Last month’s sales figures further underscored weakness in the broader market.

to Read Full Story

  • Unlimited access to our web and app content
  • e-Post daily digital newspaper
  • No advertisements, no interruptions
  • Privileged access to our events and programs
  • Subscription to our newsletters
or

Purchase access to this article for

We accept

TJP - Visa
TJP - Mastercard
TJP - GoPay

Redirecting you to payment page

Pay per article

Car sales tumble in first half of 2025 as consumers rein in spending

Rp 35,000 / article

1
Create your free account
By proceeding, you consent to the revised Terms of Use, and Privacy Policy.
Already have an account?

2
  • Palmerat Barat No. 142-143
  • Central Jakarta
  • DKI Jakarta
  • Indonesia
  • 10270
  • +6283816779933
2
Total Rp 35,000

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.

Share options

Quickly share this news with your network—keep everyone informed with just a single click!

Change text size options

Customize your reading experience by adjusting the text size to small, medium, or large—find what’s most comfortable for you.

Gift Premium Articles
to Anyone

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!

Continue in the app

Get the best experience—faster access, exclusive features, and a seamless way to stay updated.