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

Vaccine Covax-19

Kamis, 03 September 2020 - 16:05 WIB

$1m for Covax-19 vaccine work

The $1 million grant is one of 13 early stage biomedical projects to receive funding through the Federal Government’s Biomedical Translation Bridge (BTB) program, part of Australia’s landmark…

Jonathan Knudsen - Senior Security Strategist, Synopsys Software Integrity Group

Rabu, 02 September 2020 - 15:50 WIB

How to Cyber Security: Pain in the AST

Language is tricky, especially in areas where it is evolving quickly. Software security is a young and volatile field where new terminology ebbs and flows continually.

Ilustration Palm Oil (RSPO)

Jumat, 21 Agustus 2020 - 20:05 WIB

Shared Responsibility Boosts Sustainable Palm Oil Absorption In Indonesia

The Roundtable on Sustainable Palm Oil (RSPO) has been upholding the shared responsibility concept after its adoption in the 15th General Assembly in 2018.

HackerOne (Images by Tekno Tempo.co)

Rabu, 19 Agustus 2020 - 16:50 WIB

COVID-19 puts CISOs under strain: 21% of Businesses In Singapore Have Seen More Attacks During The Pandemic

HackerOne, the world’s trusted hacker-powered security platform, today revealed research that 21% of businesses in Singapore have seen an increase in attacks on their IT systems as a result…

HIMA's HIQuad X safety systems (Photo by HIMA)

Rabu, 12 Agustus 2020 - 14:45 WIB

Australia's Nickel West Modernized with HIMA’s HIQuad X Safety Systems

Nickel West, a fully integrated mine-to-market nickel producer, part of one of the world's leading producers of major commodities BHP in Australia