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Markets 9 months ago
PREMIUM
Auto sales remain weak in May as demand softens
Automakers are hoping for an uptick in sales from the upcoming GIIAS as both factory shipments and retail sales remained weak in May, declining by double digits year-on-year as slowing economic growth continued to weigh on demand.
Companies 9 months ago
PREMIUM
Car Sales Stagnation in Indonesia
The government must develop a more balanced approach to fulfill Indonesia's potential in the automotive industry. The government can implement policies such as lowering taxes on all types of cars, making financing more accessible and supporting economic growth to bolster the industry.
Economy 10 months ago
PREMIUM
Multifinance firms stuck in slow lane as car sales stall
Multifinance companies have recorded continuing decline in yoy growth over the first three months to 4.6 percent in March, primarily due to sluggish first-quarter car sales of just 256,368 units, down 2.9 percent compared to the same period last year.
