Gaikindo Targets Sales of Vehicles by 2018 Reaches 1.1 Million Units

By : Ridwan And Aldi Firhand. A | Wednesday, February 07 2018 - 21:05 IWST

Car Illustration (Ist)
Car Illustration (Ist)

INDUSTRY.co.id - Jakarta, Indonesia Automotive Industry Association (Gaikindo) has not dared to set the target of automotive product sales in 2018 with numbers far greater than last year's achievement.

Chairman of Gaikindo Yohannes Nangoi said the organization targets motor vehicle sales in 2018 of about 1.1 million units.

Thus, Gaikindo predicts the increase in motor vehicle sales in 2018 is only 1.5 percent compared to last year. In 2017, motor vehicle sales in Indonesia only reached 1.08 million units.

"For the case of early 2018, we predicted that sales stand still or only rose 1.5 percent," said Yohannes in Jakarta (6/1/2018).

He sees that economic growth is still stagnant at 5.3-5.4 percent to be one of the stagnant factors of sales in 2018. "We expect a higher increase, but a temporary forecast of 1.1 million," he explained.

Yohannes said that if economic and socio-political conditions are stable, sales of motor vehicles in Indonesia will increase. "I am optimistic the government is trying to maintain that stability," said Yohannes.

News Comment

Today's Industry

A total of 55 health professionals who participated in the Binawan Europe program, in the form of international career development scholarships in Austria. (Photo: The Public Relations of Binawan University)

Jumat, 02 Mei 2025 - 10:46 WIB

Binawan and Government Support Indonesian Nurses in Europe through Scholarships

In the midst of the viral #KaburAjaDulu hashtag as a symbol of the young generation's disappointment with domestic working conditions, Binawan responded with real action: dispatching Indonesian…

SUNeVision Initiates MEGA IDC Phase Two Development

Jumat, 28 Maret 2025 - 22:21 WIB

SUNeVision Initiates MEGA IDC Phase Two Development

SUNeVision, the technology arm of Sun Hung Kai Properties (SHKP), today announced the commencement of construction for Phase Two of MEGA IDC in Tseung Kwan O. As Hong Kong's largest data centre…

 PT Metrodata Electronics Tbk (“MTDL”)

Jumat, 28 Maret 2025 - 22:07 WIB

TDL Records New Revenue Record of IDR 25 Trillion in 2024 Ahead of 50th Anniversary

PT Metrodata Electronics Tbk (MTDL), the largest technology Company with the most complete IT and telecommunications products in Indonesia, managed to record a revenue of IDR 25 trillion in…

Wireless Logic

Jumat, 28 Maret 2025 - 22:00 WIB

Wireless Logic Selected By Thales As IoT Connectivity Partner

Wireless Logic, a global leader in IoT connectivity solutions has been selected by Thales, a global leader in advanced eSIM technologies, to enable secure, scalable and resilient IoT connectivity…

Microvista Expands International Presence with Mobile CT System ScanExpress

Jumat, 28 Maret 2025 - 21:53 WIB

Microvista Expands International Presence with Mobile CT System ScanExpress

The German specialist in industrial computed tomography and non-destructive testing, Microvista, announces the European expansion of its innovative mobile CT system, ScanExpress. The system…