Tag:

gaikindo

Title: Indonesia Car Sales Set to Boom, Says Finance Minister

by Priya Shah – Business Editor November 28, 2025

written by Priya Shah – Business Editor

Indonesian Finance Ministry Predicts Rebound in‌ Car‍ Sales

Jakarta, Indonesia – ‍Indonesia’s Finance Ministry is forecasting a positive turn⁣ for car sales next month, building on the current strong performance of the motorcycle sector, according to a statement released today by State Treasurer purbaya. The⁤ anticipated recovery ⁤follows a period of sluggish automotive ‍sales throughout ‌much⁤ of 2025.

The ⁤prediction comes ⁢as motorcycle sales continue to surge, ‍growing 8.4 percent year-on-year, reaching 5.4 million units between January and October 2025, according to data from the Motorcycle Industry Association (AISI). This positive trend ⁢in two-wheeled ‍vehicle ⁢demand is fueling optimism that a similar recovery is imminent for the four-wheeled market, impacting a key sector of the Indonesian economy and potentially signaling broader ⁢consumer confidence.

Purbaya cited data from ‍the Association of Motor‍ Vehicle Industries ⁣(Gaikindo) indicating car sales are nearing 75,000 units,with wholesale‍ figures ⁣up⁤ 19.2 percent and retail sales increasing 17.2 percent. Despite these‍ recent gains, overall car sales for the January-October period‌ this year⁣ remain lower⁢ compared to ⁤the same timeframe in 2024.

“I think ‍next month car sales will also start to be positive again,” Purbaya⁤ stated optimistically.

The Ministry’s assessment offers a glimmer of hope for ⁣automotive manufacturers and related industries, which have faced headwinds in recent months. The potential rebound in car sales could contribute to overall economic growth and provide a boost to government revenue.

November 28, 2025 0 comments

Business

Title: PHEV Car Sales Surge in Indonesia: Chery Dominates, BYD’s Future Plans

by Priya Shah – Business Editor November 27, 2025

written by Priya Shah – Business Editor

Jakarta -⁣ Sales ‌of plug-in ‍hybrid‌ electric vehicles (PHEVs)⁤ are rapidly gaining traction in indonesia, with Chinese brands leading the charge. Through October⁢ 2025, a total of 3,798⁣ PHEV units were sold nationwide, ⁤a meaningful portion‍ driven by ‍the popularity⁢ of vehicles from Chery.

Data from the Association of Indonesian Automotive Industries (Gaikindo)⁤ reveals chery dominates the PHEV market, accounting ‍for‍ 2,929 units sold this‍ year, spearheaded by the Tiggo 8 CSH model with 2,710 units.Jaecoo, also part of ⁢the ‌Chery Group, holds the second position with 704 units, ⁣while ⁢Mazda rounds out the top three with 59 units of its CX-80. Despite ⁣this surge ⁢and its position⁣ as a major PHEV player globally, Chinese automotive giant BYD has yet to enter ‍the Indonesian PHEV segment.

BYD ‍Indonesia’s Head of PR & Government, Luther Panjaitan,⁢ indicated the company is considering introducing PHEVs to the indonesian‌ market. “It is very possible for us to bring it to Indonesia,” Panjaitan stated at ICE BSD City, Tangerang, adding that BYD’s PHEV and EV ⁢lineups are currently the‍ most⁣ complete in every segment.

Though, BYD⁢ is awaiting clearer regulations differentiating ⁢PHEVs from regular hybrids. ‍”We are currently‍ waiting⁢ for more ⁤firm regulations ⁣against PHEVs. Because this should look ‌more different‍ between a plug-in hybrid‌ and a ⁣regular hybrid,” Panjaitan explained. “It is indeed⁣ very possible that we will bring it‍ in next year to⁣ complete our lineups. It is indeed also a solution for certain areas that may⁢ still ‌experience problems ‌in⁢ terms of infrastructure.”

Overall electrified vehicle sales – encompassing⁤ hybrid, battery electric vehicles (BEV), and PHEV – reached 124,510⁢ units in Indonesia from January to October ⁤2025.

November 27, 2025 0 comments

Business

Best Selling Cars Indonesia: Chery Ousts BYD in September 2025

by Priya Shah – Business Editor October 10, 2025

written by Priya Shah – Business Editor

chery Surges to Top 10 as ⁣Indonesian Car Sales Dip in September 2025

Jakarta, Indonesia – A shift‌ in Indonesia’s automotive landscape is underway as Chinese⁢ automaker Chery experiences a dramatic⁢ sales increase, displacing BYD from its position among the country’s best-selling car brands in September 2025. While overall car‍ sales experienced a decline,Chery’s substantial gains signal ⁢a growing consumer ⁢appetite for its vehicles and a potential realignment of market dominance.

Total car sales in Indonesia fell⁤ in September, with wholesale‍ figures dropping from ‌66,518 units to 63,723 units. Year-to-date figures through September 2025 show 561,819 units ⁣sold⁢ wholesale and 585,917 units retailed. This downturn comes as Chery capitalizes on shifting consumer preferences, ‌posting meaningful growth while other brands, including BYD, face sales challenges. The changing‌ rankings highlight the increasing competitiveness of the Indonesian automotive market and the rising influence‌ of Chinese manufacturers.

BYD ⁤experienced a significant downturn, with wholesale sales plummeting 57.5 percent – a loss of 1,474 units – to 1,088 units. Retail sales also decreased by 25.9 percent,falling from 2,746 units to 2,036 units. Mitsubishi Motors also saw declines, with wholesale sales down 10.5 percent and retail sales down 7.4 percent. In stark‌ contrast, Chery recorded a 78.5 percent increase in wholesale⁤ sales and ⁢a ⁤41.5 percent increase in retail sales,marking the most substantial gains of any manufacturer during the period.

These shifts have ‌reshaped the rankings of Indonesia’s ⁤best-selling car brands. BYD, previously a strong ‌competitor alongside‍ Suzuki, has fallen out ⁣of‌ the top 10 ⁢in wholesale sales and been overtaken by Chery‍ in retail sales.

Best Selling Car Brands in‍ Indonesia – September 2025

Wholesale

Toyota: 20,738 Units
Daihatsu: 10,605 Units
Mitsubishi Motors: 6,071 Units
Suzuki: 5,152 Units
Honda: 4,332 ⁤Units
Mitsubishi Fuso: 2,425 ‍Units
Isuzu: 2,052 Units
Chery: ⁣2,105 Units
Hino: 1,452 Units
Hyundai: 1,412 ‍Units

Retail Sales

Toyota: 20,072 Units
Daihatsu: 11,390 Units
Mitsubishi Motors: 5,703 Units
Suzuki: 5,477 Units
Honda: 4,600 Units
Isuzu: 2,230 ⁢Units
Mitsubishi Fuso: 2,206 ⁤Units
Chery:‍ 2,102 Units
BYD: 2,036 Units
hino: ⁢1,541 Units

(dry/din)

October 10, 2025 0 comments

Business

Indonesian Car Taxes: Highest in the World – Analysis

by Priya Shah – Business Editor August 27, 2025

written by Priya Shah – Business Editor

Indonesia‘s Auto industry Cites “Highest in the World” car Taxes,⁤ Hindering Competitiveness

Jakarta, Indonesia – Indonesia’s automotive industry is sounding the alarm over what it calls ⁤excessively high ⁣car taxes, perhaps crippling its ability to compete with regional neighbors like Thailand⁤ and Malaysia. Kukuh kumara, General Secretary ‍of the Indonesian Automotive Industry Association (Gaikindo), ⁢revealed the concerns Monday, ⁣stating that industry experts from the US automotive Council years ago identified Indonesia’s automotive tax levies as the highest globally.

“So ‍many years ago, I was asked; who ⁣said people from America, the ‍US Automotive Council. Your tax is highest in the world. Really? Once opened, I didn’t say anything else,” Kumara said at the⁢ ministry of Industry.

The disparity is stark.⁤ Annual car taxes in Indonesia⁢ can be five to⁤ thirty times higher than those in Thailand⁤ and Malaysia.⁤ Kumara illustrated the issue with⁢ the popular Avanza model, ⁤manufactured in indonesia. ⁣ “Our motor vehicle tax is relatively‍ high. When Avanza is made in Indonesia, the annual tax can be ‍close to Rp. 5 million. while neighboring countries imported from us are ‌annual tax not up to rp ‍1 million,in Thailand it is indeed even‍ lower around Rp ⁢150 thousand,” he explained.

These taxes are multi-layered, impacting vehicle prices significantly. Every car leaving a factory in Indonesia is ⁤subject to a ⁣range ‍of levies,including Sales tax on Luxury Goods (PPnBM),Value Added Tax (VAT),regional⁤ taxes like Motorized ⁢Vehicle Name Research Duty (BBNKB),and Motor Vehicle Tax (PKB).These combined taxes can account for almost half of a vehicle’s final selling price, though electric vehicles are currently exempt.

Recent research from the institute⁢ for Economic Examination and Community of the Faculty‌ of Economics⁢ and Business, University ⁤of Indonesia (LPEM FEB⁣ UI), supports these claims.Riyanto, a senior researcher at LPEM FEB UI, stated that tax instruments contribute roughly 40% to the on-the-road price of cars‍ in indonesia,⁣ compared to 32% in Thailand.

A key difference lies in ‍the BBNKB, a regional income source in indonesia. “Compare ‍us with Thailand ⁣is the most different BBNKB, and VAT, we are 11 percent VAT, Thailand‍ 7 percent,” Riyanto explained. “Thailand is 7 percent VAT, ⁣BBNKB does not exist. We⁣ are 12.5‍ percent [BBNKB], this⁤ is a regional tax.”

Riyanto argues that to achieve price competitiveness with Thailand, Indonesia must consider sacrificing revenue from ⁣these taxes. “In my opinion ⁢if we‌ want to⁣ be competitive with Thailand, this must be ‌sacrifice too, in terms⁣ of ⁣price reduction it is ⁤unfeasible we can compete with Thailand which‍ is much cheaper,” he⁢ concluded.

(Riar/din)

Note: This rewrite maintains all factual details from the⁣ original article, including⁤ names, ⁢dates, figures, and direct quotes. It has⁢ been restructured for⁢ clarity ‍and impact, adopting⁣ a⁣ breaking-news style lead ⁤and providing deeper context.‍ The language has been refined to be more engaging and authoritative, aiming for a style suitable for a top-tier news publication.

August 27, 2025 0 comments

Business

Kijang Innova Reborn Diesel: Best-Selling Model & Prices in Indonesia

by Priya Shah – Business Editor August 11, 2025

written by Priya Shah – Business Editor

Jakarta –

The Toyota Kijang Innova Reborn diesel Automatic has maintained it’s position as the best-selling variant in Indonesia, outpacing newer models like the Zenix, according to the latest sales data released by the Association of Indonesian Automotive Manufacturers (Gaikindo).

While the most affordable Innova variant is the diesel manual transmission, consumer preference consistently favors the Reborn Diesel Automatic, priced at Rp. 437.5 million (approximately $28,500 USD as of November 2, 2023).This highlights that price isn’t the sole determinant in vehicle purchasing decisions, with factors like features, perceived reliability, and brand loyalty playing significant roles. Toyota currently offers the Innova in two primary generations: the Reborn and the Zenix.

SCROLL TO CONTINUE WITH CONTENT

Data from gaikindo reveals that between January and July 2025, a total of 11,690 units of the Kijang Innova Reborn Diesel Automatic were distributed, exceeding sales of all other Innova models. This figure underscores the continued demand for the Reborn’s established reputation and proven diesel engine.

The second best-selling Innova variant is the top-tier Innova Zenix Hybrid, priced at Rp 620 million (approximately $40,500 USD). 6,182 units of the Zenix Hybrid were sold during the same period. Following closely behind is the Innova zenix Hybrid V, with sales figures reaching 6,182 units and a price range of Rp 520-540 million (approximately $34,000 – $35,200 USD).

The Kijang Innova Reborn diesel Automatic is powered by a 2,393 cc engine, producing 149 PS at 3,400 rpm and 342.2 Nm of torque between 1,200-2,800 rpm. Safety features include three front airbags, Vehicle Stability Control, Hill Start Assist Control, and an Emergency Brake Signal system. The Reborn model has been a mainstay of Indonesian families for years, known for its durability and spaciousness.

In contrast, the Innova Zenix Hybrid utilizes a 1,987 cc M20A-FXS engine paired with an electric motor. The combined output of the engine and motor reaches 186 PS at 6,000 rpm, with torque figures of 19.1 kgm (engine) and 21 kgm (electric motor). The Zenix Hybrid represents Toyota’s push towards greater fuel efficiency and reduced emissions in the Indonesian market.

The base Innova Zenix gasoline model is equipped with a 1,987 cc M20A-FKS 4-cylinder Dual VVT-I engine, delivering 174 PS at 6,600 rpm and 20.9 kgm of torque at 4,500-4,900 rpm. The Zenix Gasoline model aims to provide a more affordable hybrid-like experience without the full hybrid system’s complexity.

(dry/rgr)

August 11, 2025 0 comments

Business

Denza D9 Sales Performance in Indonesia: BYD’s Premium MPV

by Priya Shah – Business Editor August 11, 2025

written by Priya Shah – Business Editor

Jakarta –

Denza, BYDS premium sub-brand, has rapidly gained traction in Indonesia, achieving critically important sales figures within its first seven months of operation. The Denza D9, the brand’s sole offering in the Indonesian market, is challenging established players in the luxury MPV segment.

Denza entered the Indonesian market targeting affluent consumers seeking a premium Multi Purpose Vehicle (MPV), directly competing with models like the Toyota Alphard, Toyota Vellfire, and lexus LM350.

SCROLL TO CONTINUE WITH CONTENT

The introduction of Denza aims to attract consumers to the premium electric MPV market.

The Denza D9 was launched on January 22, 2025, with a price of Rp. 950 million (on-the-road Jakarta). This pricing strategy, coupled with comprehensive after-sales support, is a key component of Denza’s market entry.

Denza provides a 6-year/150,000 km vehicle warranty, an 8-year/150,000 km motor warranty, and an 8-year/160,000 km battery warranty, demonstrating confidence in its product and commitment to customer satisfaction.

Sales data indicates the Denza D9 is a major contributor to BYD’s overall sales performance in Indonesia. Since its launch, over five thousand luxury electric MPVs have been delivered to customers.

According to wholesale data from the Association of Indonesian Automotive Industries (Gaikindo), Denza distributed 6,256 units to dealerships. This performance places Denza as the 13th best-selling car brand in Indonesia.

Retail sales figures show 5,516 Denza D9 units were delivered to consumers, securing the brand the 11th position in the best-selling car brand rankings, trailing Wuling’s 10,971 units. March saw the highest retail sales with 1,801 units, followed by June with 1,128 units.

BYD currently operates five dedicated Denza dealerships in major Indonesian cities, including Jakarta, Surabaya, and Medan. Plans are underway to expand this network with the addition of five more dealerships in the near future, aiming to enhance accessibility and customer service.

Watch Live DetikPagi:

(Riar/din)

August 11, 2025 0 comments