Indonesian Finance Ministry Predicts Rebound inโ Carโ Sales
Jakarta, Indonesia – โIndonesia’s Finance Ministry โis forecasting a positive turnโฃ 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. Theโค anticipated recovery โคfollows a period of sluggish automotive โsales throughout โmuchโค of 2025.
The โคprediction comes โขas motorcycle โsales continue to surge, โgrowing 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 โขin two-wheeled โvehicle โขdemand 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 โขconsumer confidence.
Purbaya cited data from โthe Association of Motorโ Vehicle Industries โฃ(Gaikindo) indicating car sales are nearing 75,000 units,with wholesaleโ figures โฃupโค 19.2 percent and retail sales increasing 17.2 percent. Despite theseโ recent gains, overall car sales for the January-October periodโ this yearโฃ remain lowerโข compared to โคthe same timeframe in 2024.
“I think โnext month car sales will also start to be positive again,” Purbayaโค stated optimistically.
The Ministry’s assessment offers a glimmer of hope for โฃautomotive manufacturers and related industries, which have faced headwinds in recent months. The potential rebound in car sales could contributeโ to overall economic growth and provide a boost to government revenue.