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

Auto sales still '€˜on track'€™, despite consecutive monthly declines

Indonesian automobile sales will probably meet expectations this year, according to an association, despite a report that sales figures took their first year-on-year tumble in over two-and-a-half years in May

The Jakarta Post
Jakarta
Tue, June 17, 2014 Published on Jun. 17, 2014 Published on 2014-06-17T09:38:20+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!
Off you go: Astra Daihatsu Motor director Tetsuo Miura (left), fellow director Amelia Tjandra (center) and Toyota Motor Manufacturing Indonesia director Made Dana Tangkas examine an Avanza on Monday during the launch of the companies’ plan to expand their market to the Middle East. As many as 5,000 units of the new Avanza will be distributed to countries including Yemen, Qatar, Jordan, Saudi Arabia and the United Arab Emirates.(JP/Jerry Adiguna) Off you go: Astra Daihatsu Motor director Tetsuo Miura (left), fellow director Amelia Tjandra (center) and Toyota Motor Manufacturing Indonesia director Made Dana Tangkas examine an Avanza on Monday during the launch of the companies’ plan to expand their market to the Middle East. As many as 5,000 units of the new Avanza will be distributed to countries including Yemen, Qatar, Jordan, Saudi Arabia and the United Arab Emirates.(JP/Jerry Adiguna) (left), fellow director Amelia Tjandra (center) and Toyota Motor Manufacturing Indonesia director Made Dana Tangkas examine an Avanza on Monday during the launch of the companies’ plan to expand their market to the Middle East. As many as 5,000 units of the new Avanza will be distributed to countries including Yemen, Qatar, Jordan, Saudi Arabia and the United Arab Emirates.(JP/Jerry Adiguna)

I

ndonesian automobile sales will probably meet expectations this year, according to an association, despite a report that sales figures took their first year-on-year tumble in over two-and-a-half years in May.

Auto sales in Indonesia fell 2.6 percent to 97,154 units in May this year, compared to the 99,697 units sold in May of 2013, according to a report by Reuters.

Sales increased by 4.5 percent year-on-year in April 2014. On a monthly basis, auto sales in May 2014 declined by 9 percent from April'€™s sales figures, which amounted to 106,811 units.

However, the sales figure for April was already a 5.5 percent decrease from that in March, which yielded the highest sales so far this year, with 113,096 units sold.

The Association of Indonesian Automotive Manufacturers (Gaikindo) deputy chairman Jongkie Sugiarto said that while auto sales fell in May on a year-on-year basis, sales between January and May were 6.7 percent higher than those in the same period of last year.

'€œWe have not received any formal reports, as of yet, on the status of overall car sales within this period, but I believe that a 2.6 percent decrease is not a significant figure,'€ Jongkie told The Jakarta Post on Monday.

Jongkie said auto sales were still on target for 2014, and Gaikindo was hoping to finish the year with a similar sales figure to that of 2013, which showed sales of over 1.25 million units.

Meanwhile, automotive companies are generally expecting lower figures for certain periods of the year. Toyota, the country'€™s most popular automobile brand, is predicting that its car sales ahead of Idul Fitri will be relatively flat.

PT Toyota Astra Motor Finance director Rachmat Samulo said that car sales would only increase by 5 percent compared to the previous month, adding that sales activity and production in May had been limited due to the frequency of public holidays.

'€œSales during Idul Fitri are generally the same almost every year, we predict that sales after Idul Fitri 2014 will only increase by 5 percent,'€ Rachmat said on Monday.

He added that Toyota managed to sell 35,000 units after the Idul Fitri period last year.

In order to cope with the upcoming Ramadhan and post-Idul Fitri season, Toyota plans to extend its workshops'€™ operating hours to handle the annual exodus of non-Jakartans to their hometowns.

Toyota'€™s sales fell to 31,000 units in May 2014, from 39,000 units in April. Commenting on the decrease, Rachmat told the Post that this was primarily due to the number of holidays during the month, which delayed and disrupted production and therefore affected supply and sales.

Off you go: Astra Daihatsu Motor director Tetsuo Miura (left), fellow director Amelia Tjandra (center) and Toyota Motor Manufacturing Indonesia director Made Dana Tangkas examine an Avanza on Monday during the launch of the companies'€™ plan to expand their market to the Middle East. As many as 5,000 units of the new Avanza will be distributed to countries including Yemen, Qatar, Jordan, Saudi Arabia and the United Arab Emirates.(JP/Jerry Adiguna)

Another widely sold car brand Daihatsu, achieved a sales figure of 79,402 units sold between January and May 2014, an 8 percent increase in sales from the same period in 2013.

Daihatsu also claimed in its press statement that its sales growth during May had not met expectations due to the numerous public holidays that limited retail sales and the renovation of one of its production factories, which disrupted the flow of production.

In Indonesia, strong automotive sales usually indicate strong consumer spending and a stronger economy, and decreasing figures usually indicate an economy slowing down due to a decline in consumer spending. (dyl)

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.