New Car Sales In Early 2024 will Experience A Decline In Indonesia

New Car Sales In Early 2024 will Experience A Decline In Indonesia

New car sales in early 2024 will experience a decline. Gaikindo reported that car sales figures fell by double digits. quoted from Stock Bid Research, total sales or distribution from factories to vehicle dealers in Indonesia, in January 2024 fell 18.4% compared to December 2023.

Compared to January 2023, car sales in January 2024 decreased by 26.1%. In the first month of 2024, total car sales were only recorded at 69,619 units.

Even though in December 2023 car sales reached 85,284 units and in January 2023 they reached 94,270 units.