New vehicle sales in Indonesia fell by almost 10% to 92,478 units in September, from 102,711 a year earlier, according to data gathered by industry association Gaikindo.
Cumulative nine month sales fell by just over 18% to 764,119 units, from 932,668 units in the same period of last year, as economic growth continued to slow – to 4.7% so far this year.
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The slower market decline in September compared with previous months reflects an moderate lift from the Indonesia International Auto Show, which was staged in August this year rather than in September last year.
Gaikindo deputy chairman Jongkie Sugiarto told local reporters that he hopes September’s volumes will be sustained for the remainder of the year. The association forecasts full-year sales of between 950,000-1,000,000 units.
