New Car Wholesale Sales for January 2025 Down, Only 61 Thousand

KatadataOTO – The Indonesian automotive market is still trying to recover. Starting 2025, national car wholesales (distribution from factory to dealer) were recorded at 61,849 units, down 11.3 percent from the January 2024 achievement which reached 69,758 units.

Referring to data obtained by KatadataOTO, wholesales figures throughout January were still dominated by Toyota and Lexus with 22,132 units. This was followed by Daihatsu with 9,983 units and Honda with 7,276 units.

Following that, Mitsubishi distributed 7,133 units from factory to dealer. Then there was Suzuki with 4,982 units and Hyundai with 2,308 units.

Interestingly, the newcomer BYD (Build Your Dreams) is slowly overtaking other Chinese brands with a wholesale achievement of 1,114 units.

Photo : KatadataOTO

Meanwhile, Chery was at 1,102 units, followed by Wuling with 1,010 units. The rest was a combination of other brands totaling 2,393 units, Isuzu trucks with 2,206 units, and UD Trucks with 210 units.

Despite this decline, four-wheeled vehicle wholesales have the opportunity to record positive results in February 2025, aided by automotive exhibitions.

Then, there has been policy clarity from the government, especially regarding incentives for hybrid cars. The regulation stipulates that models that have met the requirements are entitled to a three percent tax subsidy.

Additionally, the upcoming fasting month and Eid holiday are also mentioned as one of the favorite times for people to purchase vehicles.

Car Sales 2024

For your information, Gaikindo (Association of Indonesian Automotive Industries) revised its sales target for 2024 due to the weakening of public purchasing power.

Photo : BYD

The wholesale figure then closed at 865,723 units for the January-December 2024 period. In 2023, the figure actually reached 1,005,802 units.

Meanwhile, retail sales, or distribution from dealers to consumers, were 889,680 units, 10.9 percent lower than the previous period's 998,059 units.

“The most difficult challenge for car manufacturers and consumers is the tax regulated by the regional government, called opsen. It will make the automotive sector heavy,” said Agus Gumiwang Kartasasmita, Minister of Industry of the Republic of Indonesia, some time ago.