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Jakarta Post

Gaikindo holds annual car expo earlier to boost sales

  • Norman Harsono

    The Jakarta Post

Jakarta   /   Tue, May 21 2019   /  02:50 am

The Association of Indonesian Car Producers (Gaikindo) will hold its annual auto exhibition in July this year, one month earlier than usual to help revive car sales, which dropped sharply in the first quarter of this year. The association previously held its annual Gaikindo Indonesia International Auto Show (GIIAS) in August. By holding GIIAS earlier, the association aims to sooner stimulate second semester sales and thus meet its year-end sales target.This year, Gaikindo aims to sell 1.1 million vehicles domestically, which is the same target as last year, indicating stagnant growth for 2019.At least 45 auto brands will showcase products during the 10-day auto show, slated to begin on July 18 at the Indonesia Convention Exhibition (ICE) center in Tangerang, Banten. Products includes passenger cars, trucks, buses and motorcycles.“Next year, when the political situation returns to norma...