Automotive Industry Indonesia: Good Car Sales Growth in January 2018

Two reasons were cited to explain good car sales growth in Indonesia in the first month of 2018: the country's improving macroeconomic conditions (with accelerating gross domestic product growth) and the various new car models that were launched on the Indonesian market in recent months by several key car brands, such as Mitsubishi's Xpander or Wuling's Confero and Cortez.

Kyoya Kondo, President Director of Mitsubishi Motors Krama Yudha Sales Indonesia, said the Xpander, a low multipurpose vehicle (LMV), proved popular among the Indonesian consumer, hence the company is eager to boost production of the vehicle at its local plant from 6,000 units per month in January 2018 to 11,000 units per month in the foreseeable future. The Xpander, which was launched on the Indonesia market in August 2017, has already been ordered 55,000 times (although actual delivery to the consumer only reached 11,890 per December 2017).

The Xpander is manufactured in Mitsubishi's Cikarang plant (in West Java) that was opened in April 2017. In full-year 2017 the company targets to sell 70,000 Xpander vehicles in Indonesia.

Indonesian Car Sales (CBU):

Month	Sold Cars    2013	Sold Cars    2014	Sold Cars    2015	Sold Cars    2016	Sold Cars    2017
January	96,718	103,609	94,194	85,002	86,262
February	103,278	111,824	88,740	88,208	95,163
March	95,996	113,067	99,410	94,092	102,336
April	102,257	106,124	81,600	84,770	89,624
May	99,697	96,872	79,375	88,567	94,085
June	104,268	110,614	82,172	91,488	66,389
July	112,178	91,334	55,615	61,891	85,354
August	77,964	96,652	90,537	96,282	97,256
September	115,974	102,572	93,038	92,541	87,696
October	112,039	105,222	88,408	92,106	94,433
November	111,841	91,327	86,938	100,365	96,148
December	97,706	78,802	73,264	86,547	84,872
Total	1,229,916	1,208,019	1,013,291	1,061,859	1,079,308

 

	2009	2010	2011	2012	2013	2014	2015	2016
Car Sales (car units)	486,061	764,710	894,164	1,116,230	1,229,916	1,208,019	1,013,291	1,061,859
Car Production (car units)	n.a.	n.a.	n.a.	n.a.	1,208,211	1,298,532	1,098,780	1,177,797

^{Source: Gaikindo}

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