Below is a list with tagged columns and company profiles.

Today's Headlines Gaikindo

  • Indonesia Implements Expanded B20 Program on 1 September 2018

    Indonesia Implements Expanded B20 Program on 1 September 2018

    Per 1 September 2018 all vehicles and heavy machinery that have diesel engines in Indonesia will need to use diesel that contains fatty acid methyl ester (FAME), a type of fatty acid ester which is obtained from palm oil. This new rule is part of the Indonesian government's expanded B20 program that makes it mandatory for all vehicles to use biodiesel that consists of 20 percent biodiesel and 80 percent petroleum diesel.

    Read more ›

  • Automotive Industry Indonesia: Sales, Production, Export & Import

    Automotive Industry Indonesia: Sales, Production, Export & Import

    Although it proves difficult for Indonesian car manufacturers to export their output to overseas markets, reflected by the declining number of local car exporters (declining from eight in 2013 to five at the start of 2018), Indonesia's car shipments have been rising steadily over the past five years. However, in absolute terms the figure remains modest with 231,169 exported car units from Indonesia in full-year 2017.

    Read more ›

  • Automotive Industry Indonesia: Good Car Sales Growth in January 2018

    Automotive Industry Indonesia: Good Car Sales Growth in January 2018

    Indonesia's car sales rose 11.1 percent year-on-year (y/y) to 95,892 vehicles (wholesale) in January 2018 according to the latest data from the Association of Indonesian Automotive Industries (Gaikindo). This is a very promising start of the year as the January 2018 car sales figure is the highest January figure since 2014.

    Read more ›

  • Optimism About Rising Sales of Commercial Vehicles in Indonesia

    Optimism About Rising Sales of Commercial Vehicles in Indonesia

    After a good year in 2017, sales of commercial vehicles in Indonesia are expected to accelerate further in 2018 on the back of accelerating economic growth, growing activity in the mining and agriculture sectors, and the Gaikindo Indonesia International Commercial Vehicle Expo (to be held between 1-4 March 2018 in the Jakarta Convention Center).

    Read more ›

  • Frost & Sullivan Expect 4.6% Growth in Car Sales in Indonesia

    Frost & Sullivan Expect 4.6% Growth in Car Sales in Indonesia

    Research institute Frost & Sullivan expects car sales in Indonesia to rise 4.6 percent year-on-year (y/y) in 2018 supported by growing domestic demand for commercial vehicles, stable demand for low-cost green cars (LCGCs), the availability of affordable car prices, and the launch of new car models.

    Read more ›

  • Gaikindo Lowers Forecast for Indonesia's 2017 Car Sales

    Gaikindo Lowers Forecast for Indonesia's 2017 Car Sales

    The Association of Indonesian Automotive Industries (Gaikindo) lowered its forecast for car sales in Indonesia in full-year 2017. Initially Gaikindo expected to see 1.1 million car sales in Indonesia this year. However, the target has now been revised to 1.06 million units. The revision was particularly attributed to weak sales within the (lower) middle class segment.

    Read more ›

  • Automotive News Indonesia: Modest Car Sales Growth in October

    Automotive News Indonesia: Modest Car Sales Growth in October

    Based on the latest data from the Association of Indonesian Automotive Industries (Gaikindo), automotive sales in Indonesia rose 2.6 percent year-on-year (y/y) to 94,461 vehicles in October 2017 on the back of rising demand for commercial vehicles. Growing demand is boosted by recovering coal and crude palm oil (CPO) prices.

    Read more ›

  • Australia Closes Car Industry, Opportunity for Indonesian Car Exports?

    Australia Closes Car Industry, Opportunity for Indonesian Car Exports?

    General Motors manufactured its last Holden car at the Adelaide factory on Friday (20/10), hence effectively ending the once-iconic Australian car industry. From now on Australians will have to buy cars that were imported from abroad. While other governments have been keeping national automotive industries alive after the financial crisis through bailouts, the Australian government saw no real economic reason to keep this industry alive.

    Read more ›

  • Automotive Sector Indonesia: Car Sales Continue to Expand

    Automotive Sector Indonesia: Car Sales Continue to Expand

    Car sales in Indonesia in May 2017 were in line with expectations. The Indonesian Automotive Industry Association (Gaikindo) said car sales in the month prior to Idul Fitri (the celebrations that mark the end of the Ramadan month) always tend to show a modest rise every year, specifically passenger cars.

    Read more ›

  • Automotive Sector Indonesia: Sales of Commercial Buses Rise

    Automotive Sector Indonesia: Sales of Commercial Buses Rise

    Sales of buses (those used for commercial purposes) are growing sharply in Indonesia so far in 2017 and this gives a positive signal to factories. In fact, growth of bus sales, by far, outpaces growth of the whole automotive sector in the first couple of months of 2017. While total sales in Indonesia's automotive sector grew by a modest 5.72 percent year-on-year (y/y) to 282,596 units in the January-March 2017 period, sales of buses grew 30.43 percent (y/y) to 840 in the first four months of 2017.

    Read more ›

Latest Columns Gaikindo

  • Automotive Sector Indonesia: High Hopes for Car Exports

    Automotive Sector Indonesia: High Hopes for Car Exports

    The government of Indonesia eyes rapid growth of car exports in the two decades ahead. By the year 2035 the government targets to see car shipments from Indonesia rise to 1.5 million vehicles (from around 200,000 exported units in 2016). By that year, exported vehicles should contribute 37.5 percent of total Indonesian car sales.

    Read more ›

  • Automotive Industry Indonesia: Exports Expected to Grow in 2016

    Automotive Industry Indonesia: Exports Expected to Grow in 2016

    The Indonesian Automotive Industry Association (Gaikindo) raised its target for Indonesia's car exports (completely built up units, or, CBU) to 220,000 vehicles in 2016. This figure implies Gaikindo targets to see a 6 percent (y/y) increase in car exports from 207,691 units last year. Gaikindo Chairman Jongkie Sugiarto said the global economy has started to stabilize and this should have a positive effect on Indonesia's car shipments.

    Read more ›

  • Car & Motorcycle Sales in Indonesia Continue to Fall

    Car & Motorcycle Sales in Indonesia Continue to Fall

    Car sales in Indonesia continued to decline. Based on the latest data from the Indonesian Automotive Industry Association (Gaikindo) Indonesian car sales (delivery to dealers) fell around 10 percent year-on-year (y/y) to 84,885 vehicles in the first month of the year from 94,194 units in January 2015. Retail sales, on the other hand, showed a 1 percentage point growth to 82,423 vehicles over the same period.

    Read more ›

  • Outlook Indonesia's Car Sales in 2016: Optimistic or Pessimistic?

    Outlook Indonesia's Car Sales in 2016: Optimistic or Pessimistic?

    Whereas the Indonesian Automotive Industry Association (Gaikindo), expects Indonesia's car sales to rise five percent (y/y) in 2016 on the back of improving economic conditions, US-based consulting firm Frost & Sullivan expects to see a 4.3 percent decline in the country's car sales this year as continued rupiah depreciation and persistently low commodity prices undermine Indonesians' purchasing power.

    Read more ›

  • Indonesia's Car & Motorcycle Sales Fell Sharply in 2015

    Indonesia's Car & Motorcycle Sales Fell Sharply in 2015

    Both car sales and motorcycle sales declined in 2015 in Indonesia. Primary reason for this decline was people's weaker purchasing power amid the slowing economy and persistently low commodity prices. Indonesia's GDP growth is estimated to have fallen to 4.7 percent year-on-year (y/y), the slowest growth pace since 2009. Meanwhile, amid the sluggish global economy (especially China's slowdown) and falling oil prices, Indonesia gains relatively little from its commodity exports.

    Read more ›

  • Automotive Market Indonesia: Car Sales to Rebound in 2016

    Automotive Market Indonesia: Car Sales to Rebound in 2016

    Indonesian car sales may rise up to ten percent (y/y) to 1.1 million vehicles in 2016, from an estimated 1 million this year, amid accelerating economic growth in Indonesia. Car sales in 2015 have been disappointing, declining 18 percent (y/y) to 853,008 units in the first ten months of 2015, due to people's weakening purchasing power. Sales in 2016 are expected to be boosted by sales of the low-cost green car (LCGC), which was introduced on the Indonesian market in late-2013, and the crossover utility vehicle, a car that has gained popularity recently.

    Read more ›

  • Car Industry Indonesia: Tough Times for Indomobil Sukses Internasional

    Car Industry Indonesia: Tough Times for Indomobil Sukses Internasional

    Indonesian automotive group Indomobil Sukses Internasional is facing challenges in 2015. The listed company, affiliated with the Salim Group (one of Indonesia’s largest conglomerates), is plagued by intense competition in the car industry of Indonesia, while it also feels the negative impact of the weak rupiah (which is depreciating against the US dollar). Over 2014, the company posted a net loss of IDR 128.2 billion (USD $9.9 million), down significantly from net profit of IDR 532.5 billion it recorded in the preceding year.

    Read more ›

  • What about Indonesian Car Sales in 2015? Analyst Opinion

    What about Indonesian Car Sales in 2015? Analyst Opinion

    Global consulting firm Frost & Sullivan expects Indonesian car sales to grow five percent year-on-year (y/y) to 1.28 million vehicles in 2015, particularly on the rising popularity of the low cost green car (LCGC) and the USA-based company’s assumption that the economy of Indonesia will expand by 5.5 percent (y/y) this year. The LCGC was introduced on the Indonesian market in late 2013 after the government had offered tax incentives to car manufacturers that met requirements of fuel efficiency targets.

    Read more ›

  • Growth of Indonesian Car Sales Falls amid Slowing Economic Expansion

    Growth of Indonesian Car Sales Falls amid Slowing Economic Expansion

    Amid Indonesia’s slowing economic growth as well as looming higher prices of subsidized fuels (which will cause accelerated inflation and declining purchasing power), domestic car sales in Indonesia have fallen 6.3 percent to 104,916 units in October 2014 from the same month last year according to preliminary data from the Indonesian Automotive Industry Association (Gaikindo). Cumulatively, car sales reached 1.04 million units in the first ten months of 2014, a slight 1.6 percentage point increase from the same period last year.

    Read more ›

  • Impact of Higher Subsidized Fuel Prices on Indonesia’s Car Industry

    Impact of Higher Subsidized Fuel Prices on Indonesia’s Car Industry

    After Indonesian President Joko Widodo and Vice President Jusuf Kalla have confirmed that prices of subsidized fuels (gasoline and diesel) will be raised in November 2014 in an attempt to ease the country’s wide current account deficit and government budget deficit (which are primarily caused by costly oil imports), domestic car manufacturers and dealers are expected to post declining earnings in 2015. Besides the subsidized fuel price issue, Indonesia’s car industry is also negatively impacted by the country’s slowing economic growth.

    Read more ›

Associated businesses Gaikindo