Indonesian car sales dropped 17.63% from 90.338 units in March 2019 to 76,800 units in March 2020 caused the low demand. In the previous month, total automotive sales recorded 79,601 units. The major producer, Astra International (ASII) still hold 60% market shares compared to other competitor such as Mitsubishi, Honda, Suzuki, Nissan and others. In the first quarter of this year, the manufacturer has sold 292,800 unit cars.
Earlier, co-chairman of the car manufacturer association (GAIKINDO), Jongkie D. Sugiarto has revised down the automotive sales from initially 1.03 million units to 600,000 units due to COVID-19 impact.
This endless outbreak caused several car manufacturers to temporarily halt the production caused the low supply of raw materials for the next few months. Some car producers such as Wuling, Honda and Suzuki have announced that the factory has stopped temporarily due to the virus spread.
To support the automotive industry, recently industry minister, Agus Gumiwang Kartasasmita said, his office has proposed economic stimulus to press the COVID-19 impact in Indonesia. This policy was made to maintain the performance of the industry’ contribution to the national economy.