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View all search resultsGaikindo slashes 2025 car sales outlook amid prolonged soft demand
The association had earlier expected domestic new car sales to approach 800,000 units by year-end, but the latest data point to a weaker market.
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Cars wait to board a ferry on Jan. 2, 2025, at the Merak Port in Cilegon, Banten. (Antara/Angga Budhiyanto)
T
he Association of Indonesian Automotive Manufacturers (Gaikindo) has slashed its 2025 four-wheel vehicle sales target to 780,000 units, citing prolonged weakness in consumer demand.
Gaikindo chairman Jongkie Sugiarto said on Wednesday that wholesale car sales from factories to dealers were set to fall about 10 percent this year from the 865,000 units sold last year, based on the year-to-date trend.
“As of October 2025, sales are down 10 percent from 2024, so we assume the full-year figure will show a similar decline,” Jongkie said, as quoted by Bisnis.
He acknowledged that the domestic auto market had been under “strong pressure and volatility” but said demand could recover if policy support remained “consistent and appropriate”.
Gaikindo had earlier expected domestic new car sales to approach 800,000 units by year-end, but the latest data point to a weaker market.
Wholesale shipments declined 10.6 percent year-on-year to 635,844 units in January–October 2025, down from 711,064 a year earlier, Gaikindo data show. Retail sales, which reflect direct consumer purchases, also dropped 9.6 percent to 660,659 units from 731,113 in the same period.
Read also: Gaikindo pushes for stimulus, govt weighs vehicle tax cut
