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Jakarta Post

Gaikindo to cut car sales target even further as pandemic lingers

  • Mardika Parama


Jakarta   /   Tue, September 22 2020   /  01:00 am
Newly launched: PT Toyota-Astra Motor (TAM) marketing directors Anton Jimmi Suwandy (center) and Kazunori Minamide (right) talk with Toyota Team Indonesia (TTI) racer Demas Agil during the launch of the Toyota New Yaris in Jakarta on Tuesday.(JP/Wendra Ajistyatama)

The Association of Indonesian Automotive Manufacturers (Gaikindo), which previously slashed its domestic car sales target by 40 percent to just 600,000 units this year as the COVID-19 pandemic forced showrooms to temporarily close, has warned it may have to cut its sales forecast even further. Gaikindo’s special staff Stefanus Soetomo said on Thursday that the association would have to rethink its current target as it was made based on the assumption that the pandemic would be under control by July and that car sales would fully rebound between August and September. “The number of infections is currently reaching a record-breaking level and we have to anticipate that by reassessing our target,” he said during an online public discussion held by Kompas, while declining to reveal the new target as the figures were still being calculated. Despite national car sale...