Toyota Reveals Cause of Sales Decline in LCGC Segment
29 January 2026, 12:00 WIB
Exhibitions like GJAW 2025 are considered important for visibility, but not as effective in boosting sales.
KatadataOTO – The Gaikindo Jakarta Auto Week or GJAW 2025 exhibition is one of the last hopes to boost sales figures at the end of the year.
But a few days into the event, a number of salespeople revealed that not many Vehicle Order Letters (SPK) were successfully booked.
Even though, unlike GIIAS, GJAW 2025 focuses more on purchasing programs and easy installments to attract buyers.
Analysts assess that GJAW 2025 as a sales driver has a limited impact. The event could not significantly attract consumers to buy cars.
“Consumers come to browse, not commit, amidst negative market sentiment,” said Yannes Martinus Pasaribu, an automotive analyst and academic from the Bandung Institute of Technology (ITB), to KatadataOTO on Monday (08/12).
Yannes highlighted that the main problem currently is not the lack of promotions but the weakening purchasing power of middle-class consumers.
Therefore, GJAW 2025 can only show the potential consumer interest in new vehicle lines.
This interest cannot necessarily be converted into a purchasing decision, especially considering the middle class's purchasing power has not yet recovered.
“The price imbalance, especially in the Low Cost Green Car (LCGC) and Low Multi Purpose Vehicle (LMPV) segments, which are no longer low cost, makes consumers take a wait-and-see attitude,” explained Yannes.
He emphasized that exhibitions remain important for visibility. However, at present, they have proven not to be that strong in moving the market.
Fiscal stimulus such as aid or incentives, coupled with macroeconomic improvements, still need to be prioritized to revive public purchasing power.
For your information, GJAW 2025 is the last exhibition from Gaikindo at the end of 2025. Several brands launched new products such as the Toyota Veloz Hybrid.
Then, the Electric Vehicle (EV) brand from China, Changan, made its debut, bringing two models, namely the Lumin and Deepal S07.
Another exhibition is the Astra Auto Fest, focusing on brands under the Astra umbrella. Similar to GJAW 2025, the event aims to attract buyers through sales programs and easy credit.
Astra itself is targeting 4,000 transactions during the event. The brands present vary from Daihatsu and Toyota to BMW.
1
2
3
4
5
Related Articles
29 January 2026, 12:00 WIB
27 January 2026, 08:00 WIB
23 January 2026, 15:00 WIB
22 January 2026, 08:00 WIB
19 January 2026, 07:00 WIB
Latest
02 February 2026, 10:00 WIB
Sales are trailing competitors, and MG declined to elaborate on its sales target for 2026.
02 February 2026, 09:00 WIB
Chery hybrid cars offer more benefits to consumers in Indonesia, making them a popular choice.
02 February 2026, 08:00 WIB
The Police launched Operation Keselamatan Jaya 2026 to curb the number of accidents and traffic violations on the roads.
02 February 2026, 07:00 WIB
Yamaha is confident that the target set by AISI can be achieved this year, with several conditions.
01 February 2026, 17:17 WIB
Toyota FT 86, Vespa Corsa 125, and Toyota Alphard are three of Reza Arap's many vehicles.
01 February 2026, 15:00 WIB
Shell, BP AKR, and Vivo lowered fuel prices for the February 2026 period by varying amounts.
01 February 2026, 13:00 WIB
Toyota Motor Corporation is paying closer attention to its sales in Indonesia, which have significantly declined.
01 February 2026, 11:00 WIB
Toyota group sales break a new record and become the world's best-selling manufacturer in 2025, surpassing Volkswagen.