Commercial Vehicle Sales Growth Reaches 45 Percent in 2017

By : Ridwan And Aldi Firhand. A | Tuesday, February 06 2018 - 21:26 IWST

UD Trucks Introduces the Latest Light Duty
UD Trucks Introduces the Latest Light Duty

INDUSTRY.co.id - Jakarta, Indonesia's automotive sales throughout 2017 reached 1.80 million units. The figure is up 1.6 percent compared to 2016 which only reached 1,063,000 units.

"Despite the small 1.6 percent, we would be grateful to grow in the years ahead with so many challenges," said Chairman of the Association of Indonesian Automotive Industries (GAIKINDO), Yohanes Nangoi in Jakarta, Tuesday (6/1/2018).

However, Nangoi continued, from the growth there is one encouraging indication that the growth of commercial vehicles. Based on GAIKINDO data, commercial vehicle sales figures grew by 45 percent in 2017.

"Throughout 2017, commercial vehicle sales reached 80 thousand units, while in 2016 it only reached 59 thousand units, indicating that the Indonesian economy is improving," he explained.

According to him, the growth of commercial vehicle sales is also influenced by the increase in coal and other commodity prices such as oil palm so the demand continues to increase.

Furthermore, Nangoi hopes the growth of commercial vehicle sales can be accompanied by sales of regular passenger vehicles. "After a good growth in commercial vehicles will usually be followed also by regular passenger vehicles," said Nangoi.

Nangoi hopes that by 2018, which will also enter the political year, the sales growth of the national automotive industry will increase significantly.

News Comment

Today's Industry

Carmelita Hartoto, Chairman of the Indonesian National Shipowners Association (INSA) (Foto Ist)

Rabu, 25 April 2018 - 22:17 WIB

Rupiah Weakens, Chamber of Commerce Asks Market Trust to Be Guarded

Vice Chairman of Kadin for Transportation, Carmelita Hartoto, believes that rupiah exchange rate against US dollar should be maintained so as not to have psychological impact for business actors

Garuda Indonesia Airlines

Rabu, 25 April 2018 - 22:11 WIB

Improve the Logistics Sector, Bali Expects Garuda to Serve London-Denpasar-Perth

Bali Provincial Government expects Garuda Indonesia airline to serve London, UK route to Perth, Australia with transit in Denpasar if direct flight of Jakarta-London is considered less profitable.

Illustration of Infrastructure Development (Ist)

Rabu, 25 April 2018 - 22:09 WIB

40 Hong Kong-China Investors Explore Infrastructure Sector Investment

A total of 40 investors from Hong Kong and China are exploring opportunities for trade and investment cooperation in Indonesia under the framework of the initiative of the 21st Century Silk…

Iluastrasi Investasi-images IST

Rabu, 25 April 2018 - 22:06 WIB

China Will Continue to Increase Investment in Indonesia

China claims will continue to increase investment to Indonesia after 2017 and investment growth in Indonesia reached 27%.

Minister of Industry Airlangga Hartarto and President Joko Widodo during the inauguration of JIIPE Industrial Estate in Gresik, East Java (Photo: Humas)

Rabu, 25 April 2018 - 22:03 WIB

JIIPE Industrial Estate Management Supports Tax Holiday Rules

The industrial estate manager of Java Integrated Industrial and Port Estate (JIIPE) supports the new regulation on corporate tax exemption facility (PPh) or tax holiday.