As in Thailand, growth in Indonesia’s new vehicle market came to a halt in May, as key vehicle manufacturers struggled to maintain production levels due to shortages of components from Japan.
Last month’s vehicle sales were flat at 61,055 units, compared with 60,520 units a year earlier, with Toyota, Daihatsu and Honda the main companies affected by the supply chain disruption in Japan.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
Indonesia’s vehicle output dropped by 8% in April and by 2% in May, after strong first quarter growth.
Cumulative sales for the first five months of the year were almost 16% higher at 347,530 units compared with record volumes of 299,826 units in the same period of last year.
Sales of passenger vehicles increased by 11.6% to 235,467 units, while sales of trucks and buses jumped by 26% to 112,063 units.
With the country’s main vehicle manufacturers beginning to normalize operations, sales are likely to improve from next month. Some manufacturers have indicated they will add extra shifts in the second half of the year to reduce any order backlogs.
