New vehicle sales in Indonesia fell by 9.9% to 84,885 units in January, from 94,194 units a year earlier, according to data released by industry association Gaikindo.
Market weakness continued despite the release of some important new models in recent months by key suppliers such as Toyota, Daihatsu and Honda, including full-model replacements for the Toyota Avanza and Innova and the launch of the Honda BRV.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
GDP growth last year came in at 4.7%, held back by sluggish domestic economic growth and weak exports.
