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On a year-on-year comparison, the vehicle sales volume for January was 30.56 percent higher than 50,168 units a year ago.
Meanwhile, the vehicle production for January grew 29.99 percent year on year to 76,077 units.
The MAA said in a statement that higher sales in December 2023 were due to companies ramping up delivery of vehicles to fulfill backlog orders, especially for companies with financial year ending December 2023, and year-end bargains.
New vehicle sales in Indonesia declined by 19% to 85,284 units in December 2023 from 105,354 units a year earlier, according to member wholesale data compiled by local automotive industry association Gaikindo.
This was the sixth consecutive month of decline after a strong two year rebound from the pandemic lows. Sharp interest rate hikes by the central bank over the last year, from 3.50% to 6.0%, have dampened consumer demand particularly for large purchases. Economic growth in the country moderated in the third quarter, to 4.9% year on year from 5.2% in the second quarter, reflecting also a sharp decline in government spending and weaker exports.
New vehicle sales in Indonesia plunged by 26% to 69,619 units in January 2024 from 94,087 units a year earlier, according to member wholesale data compiled by local automotive industry association Gaikindo.
分析师表示,2024年第一季度的汽车销售额可能达到或超过之前的相应季度数据。2024年2月迄今为止的销售量比去年同期高出13%,Kenanga Research分析师Wan Mustaqim Wan Ab Aziz表示乐观,表明有可能超越之前的记录。然而,TA Research分析师Angeline Chin建议对1Q24持谨慎态度,预计行业销售将保持稳定或出现小幅下降。她还预计电动汽车(xEV)的销售将大幅激增,这将不可避免地侵蚀传统参与者的市场份额。
I spotted I think few years ago… before MCO.
Then it drop till 1.6 when I start interested…
But I didn’t buy until I saw they pay dividend 2 times… indicating management confidence to their business