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Automakers slash car sales targets as spending power weakens
Business 2 weeks ago

Automakers slash car sales targets as spending power weakens

Weakening purchasing power following business disruptions caused by the COVID-19 pandemic has batter...
Auto association shows bold face amid February sales dip, 'nixed' top motor show
Business 2 months ago

Auto association shows bold face amid February sales dip, 'nixed' top motor show

The industry association has said it "does not expect" the COVID-19 to significantly impac...
Indonesia’s car sales to bounce back in March, manufacturers contend
Business 2 months ago

Indonesia’s car sales to bounce back in March, manufacturers contend

The country’s car sales stood at 1.03 million units last year, a 10.8-percent drop compared to...
Auto industry poised to recover this year after sales hit brakes in 2019
Business 4 months ago

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Auto industry poised to recover this year after sales hit brakes in 2019

The industry sold about 1.03 million units between January and December 2019, down by about 10.8 per...
Consumers’ concerns haunt Indonesia’s electric vehicle agenda
Business 6 months ago

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Consumers’ concerns haunt Indonesia’s electric vehicle agenda

Under the leadership of President Joko “Jokowi” Widodo, the government has set an ambiti...
Domestic car sales hit brakes, down 11.7 percent as of October
Business 6 months ago

Domestic car sales hit brakes, down 11.7 percent as of October

In October, domestic car sales dropped to 96,030, down nearly 9.5 percent from the 106,079 units sol...
Nissan sales rise sharply thanks to successful debut of new Livina range
Business 8 months ago

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Nissan sales rise sharply thanks to successful debut of new Livina range

Nissan witnessed a drastic increase in sales in August this year  amid a decrease in sales amon...
Weak car sales take toll on BCA Finance’s first half revenue
Business 8 months ago

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Weak car sales take toll on BCA Finance’s first half revenue

PT BCA Finance booked Rp 16.36 trillion (US$954.28 million) in revenue in the first h...
As domestic auto sales slump, manufacturers cut target to 1 million cars
Business 8 months ago

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As domestic auto sales slump, manufacturers cut target to 1 million cars

The total sales during the Jan-Aug period totaled only 660,288 units, down 13.5 percent from 763,444...
Indonesian car makers wait for more detailed ruling to start EV production
Business 9 months ago

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Indonesian car makers wait for more detailed ruling to start EV production

The electric vehicle regulation covers a number of issues including the production of batteries, the...
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