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View all search resultsAuto dealers have been grappling with fiercer competition, especially in the electric vehicle segment, where a wave of new models, many from Chinese manufacturers, has entered the market with aggressively low pricing.
he Gaikindo Indonesia International Auto Show (GIIAS), dubbed the biggest auto show in the country, has closed with record crowds this year. However, industry leaders cautioned that the increased foot traffic might not translate into stronger sales.
According to an official release published on Monday, the event recorded a total of 485,569 visitors during its 11-day run from July 24 to Aug. 3 at ICE BSD, Tangerang, Banten.
That figure marks a modest 2.2 percent year-on-year (yoy) increase from the 475,084 visitors in 2024, which at the time represented the highest attendance since 2019.
The Association of Indonesia Automotive Industries (Gaikindo), organizer of the event, had anticipated that the auto exhibition would draw more visitors this year with a caveat.
“In terms of transactions, I see a bit of a drop. The economic conditions are clearly more challenging this year. We’ve also seen a decline in [automotive] sales through June,” Gaikindo chairman Yohannes Nangoi said on Sunday, as quoted by Kompas.com.
Read also: Car sales tumble in first half of 2025 as consumers rein in spending
The domestic four-wheel vehicle market showed no signs of recovery in the first half of 2025, with both wholesale and retail sales posting year-on-year declines, reflecting continued weakness in consumer demand.
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