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Jakarta Post

Association expects slow auto sales this year

  • Farida Susanty

    The Jakarta Post

Jakarta   /   Mon, May 22, 2017   /   05:26 pm
Association expects slow auto sales this year Cars are assembled in a Suzuki plant in Bekasi, West Java. (Kompas/Totok Wijayanto)

Association of Indonesian Automotive Manufacturers (Gaikindo) chairman Yohannes Nangoi has said automotive sales are expected to increase 3.7 percent to 1.1 million vehicles this year.

 "Auto sales are still flat," he said on Monday.

Vehicle sales stood at 1.06 million last year.

(Read also: Suzuki hopes new Ignis will propel sales in Indonesia)

As of March, almost 300,000 vehicles had been sold, Yohannes said, without elaborating on sales numbers, last year.

He said the economic slowdown was the cause of the slow sales.

 He expected commercial cars, multipurpose vehicles and low-cost green cars to lead the sales growth this year. (bbn)