Indonesia Car Sales Fall 5.1% YoY in February
Car sales in Indonesia experienced a 5.1% decline year-on-year, reaching 70,909 units in February 2025, a downturn from the 2.2% growth recorded in January. The Association of Indonesian Automotive Industries (GAIKINDO) has established a sales target for 2025 within the range of 750,000 to 900,000 units. This ambitious forecast not only surpasses the revised 2024 projection of 850,000 units but also exceeds last year's actual sales figures, which stood at 865,723 units for wholesale and 889,680 units for retail. On a month-to-month comparison, car sales decreased by 1.9% in February 2025, following a notable surge of 16.9% in January.
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