GAIKINDO Records Sales of 2.9 Percent Increase in First Quarter 2018

By : Hariyanto And Aldi Firhand. A | Friday, April 13 2018 - 21:55 IWST

GIIAS Surabaya Auto Show 2017
GIIAS Surabaya Auto Show 2017

INDUSTRY.co.id - Jakarta - The Association of Indonesian Automotive Industries (GAIKINDO) noted that national car sales in the first quarter of 2011 increased by 2.9 percent compared to the same period in 2017.

In a discussion entitled "Development of Domestic Market and Increase Motor Vehicle Exports" in Jakarta, Thursday (12/4/2018) GAIKINDO Chairman, Jongkie D. Sugiarto hopes that this growth can survive so that the year-end sales target of 1.1 million units of cars can achieved.

"This has gone up almost 3% year on year compared to the first three months of last year, and if it is in line with the economic growth of 5.5%, a total of 1.1 million can be achieved," said Jongkie .

Based on data GAIKINDO as of January-March 2018, total vehicle sales in January-March 2018 reached 291,920 units or an increase of almost 3% over the same period of 283,760 units.

From the data, the highest sales of trucks with loads of more than 24 tons grew 68% or from 4,131 units in 2017 to 6,935 units.

Jongkie explained that infrastructure development in some parts of Indonesia would certainly affect the sales of trucks required to transport materials.

Once the infrastructure is completed, he believes that motor vehicle sales in other types of cars will grow along with the existing connectivity.

"This is a road infrastructure built, the evidence of truck up 68% of sales.Usually if the truck roads, infrastructure everywhere, there are bridges, ports, airports, automatic type 4x2 come up, sedan also rose," he said.

Gaikindo assessed the motor vehicle industry in recent years stagnated. Motor vehicle sales in 2017 was recorded at 1,079,534 units, up only 1.6% from the previous year.

News Comment

Today's Industry

Genetech Biotechnology, the exclusive distributor of Citrea

Selasa, 18 Januari 2022 - 23:20 WIB

Genetech Biotechnology Launches Four Exclusive Promo Bundles For Citrea In Celebration Of Chinese New Year

Genetech Biotechnology, the exclusive distributor of Citrea, launches four exclusive promo bundles to celebrate Chinese New Year. The four bundle sets, The Prosperity Bundle, The Pampering Duo,…

The International Labour Organization (ILO)

Selasa, 18 Januari 2022 - 22:50 WIB

ILO downgrades labour market recovery forecast for 2022

he International Labour Organization (ILO) has downgraded its forecast for labour market recovery in 2022, projecting a deficit in hours worked globally equivalent to 52 million full-time jobs,…

Check Point Software Technologies (Images by Acclaim)

Selasa, 18 Januari 2022 - 22:10 WIB

New Requirements in the Wake of Omicron have led to Increased Dark Market Activity Around Fake Covid Certificates

Check Point Research has warned of a resurgence in counterfeit test and vaccination certificates amid a new wave of infections driven by the Omicron variant of COVID-19. Forged certificate vendors…

DBS Bank Ltd.

Selasa, 18 Januari 2022 - 21:37 WIB

DBS Bank tops Debtwire Asia Pacific (ex Japan) Loans League Table for Green and Sustainability-Linked Mandated Lead Arranger

DBS Bank has ranked first in Debtwire’s Asia Pacific (ex Japan) loans league table for its role as Green and Sustainability-Linked Mandated Lead Arranger (MLA) for the full year 2021. This…

Check Point Software Technologies (Images by Acclaim)

Rabu, 12 Januari 2022 - 20:47 WIB

Check Point Research: Cyber Attacks Increased 50% Year over Year Highlights

In Q4 of 2021 there was an all-time peak in weekly cyber-attacks per organisation, counting over 900 attacks per organisation.