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

Aman Abdurrahman.terdakwa kasus terorisme (Foto Dok Industry.co.id)

Jumat, 22 Juni 2018 - 18:30 WIB

South Jakarta District Court Judge Sentenced to Death of Oman Abdurrahman

South Jakarta District Court Judge Akhmad Jaini sentenced the defendant to the terrorist case of Oman Rochman alias Abu Sulaiman bin Ade Sudarma alias Aman Abdurrahman at the South Jakarta District…

PT Electronic City Indonesia Tbk (ECII) (Foto Dok Industry.co.id)

Jumat, 22 Juni 2018 - 17:30 WIB

Throughout 2017, Electronic City Income Reach Rp1, 8 Trillion

PT Electronic City Indonesia Tbk (ECII) revenues in 2017 reached Rp1,818 trillion, up 9.6 percent from Rp1,659 trillion in 2016.

PT Electronic City Indonesia Tbk (ECII) (Foto Dok Industry.co.id)

Jumat, 22 Juni 2018 - 16:30 WIB

Electronic City Spends Rp 35 Billion on Expansion

PT Electronic City Indonesia Tbk (ECII) this year poured Rp35 billion for business expansion by opening five new outlets.

Pembangkit Listrik

Jumat, 22 Juni 2018 - 15:30 WIB

Lebaran Completed, PLN Reactivate Power Plant 5,000 MW

PT PLN (Persero) reactivated a number of power plants that had been shut down during the Idul Fitri 2018 holidays. The reactivated power plant has a total capacity of 5,000 megawatts (MW).

Ketum Partai Gerindra Prabowo Subianto (Foto Dok Industry.co.id)

Jumat, 22 Juni 2018 - 14:30 WIB

General Chairman Gerindra Prabowo Subianto Attends the Last Debate of NTT Governor Election

East Nusa Tenggara Governor number 1 Esthon Foenay said in the last candidate debate to be held by the local KPU on Saturday (23/6) tomorrow, Gerindra Prabowo Subianto Party Chairman will witness…