Indonesian Vehicle Sales Decline
New vehicle sales in Indonesia fell by 15% in September 2025, to 62,071 units from 73,108 units in the same month last year.
According to Gaikindo, the local automotive industry association, market sentiment remains weak, with fewer consumers committing to purchases of durable goods.
The latest government data shows GDP growth accelerated to 5.1% year-on-year in the second quarter, mainly due to stronger investment activity and exports.
Bank Indonesia cut its benchmark interest rate by 25 basis points to 4.75% to help drive up consumer spending.
Central bank continues to cut interest rates to help drive up consumer spending.
Author's summary: Indonesian vehicle sales fell 15% in September 2025.
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