double-skinned crabsVietnamese crab exportergood crabexellent crab

BYD Indonesia Confirms Its Operations Unaffected by Shandong Closures

Antara
June 4, 2025 | 10:49 am
SHARE
Visitors attend the BYD booth during the Periklindo Electric Vehicle Show at the Jakarta International Expo in Kemayoran, Tuesday, April 29, 2025. (Antara Photo/Fauzan)
Visitors attend the BYD booth during the Periklindo Electric Vehicle Show at the Jakarta International Expo in Kemayoran, Tuesday, April 29, 2025. (Antara Photo/Fauzan)

Jakarta. BYD Motor Indonesia has assured that the recent closure of 20 BYD dealerships in China’s Shandong province will not impact its operations in Indonesia, dismissing the issue as an isolated case linked to the financial troubles of a local Chinese partner.

Luther Panjaitan, Head of Public and Government Relations at BYD Motor Indonesia, said the closures were the result of internal financial difficulties at Qiancheng and had no direct connection with BYD as the automaker’s principal.

“The closure of the dealership group was purely due to financial issues on Qiancheng’s side and is not directly related to BYD,” Luther said on Tuesday.

According to Luther, BYD currently operates more than 4,000 active dealerships across China, and the Shandong closures are not representative of the company’s broader network performance.

ADVERTISEMENT

Luther also highlighted BYD’s continued positive global sales performance. In May 2025, BYD recorded sales of 382,476 vehicles, a 0.63 percent increase from April and a 15.27 percent year-on-year rise.

“This growth indicates that the Shandong incident has had no significant impact on BYD’s overall business performance,” he said.

The 20 shuttered dealerships in question were part of Qiancheng Holdings’ 4S network (Sales, Service, Spare parts, and Survey), a key partner of BYD in Shandong. The closures began in April 2025 following a severe operational crisis.

According to CarNewsChina, the situation led to showrooms in the region halting the display of BYD products and affected more than 1,000 customers awaiting after-sales services and vehicle warranties.

In response, BYD stated it has taken steps to address the issue. Some dealerships in the affected region have been taken over by the automaker directly to ensure consumer rights and employee welfare are preserved.

“We regret what has happened to our partner, but we assure the public that this situation has no impact on our marketing, sales, or after-sales operations in Indonesia,” Luther said.

Qiancheng was founded in 2014 and once served as a major BYD partner in Shandong, managing over 20 dealerships and showrooms. At its peak, the company claimed annual sales of up to 3 billion yuan (around US$420 million) and employed more than 1,200 staff.

In April 2024, BYD Chairman Wang Chuanfu even visited Qiancheng’s headquarters in Jinan, signaling strong ties at the time. However, signs of financial trouble within the company reportedly began surfacing in the months that followed.

Tags: Keywords:
Google Add Investor.id as a preferred source on Google +
SHARE

Related Articles


Tech Sep 6, 2026 | 4:21 pm

Inside BYD’s Electric Vehicle Empire

Founded in 1994, BYD has grown into a Fortune 500 company with a presence in more than 120 countries.
Business Aug 13, 2026 | 1:19 pm

Indonesia Car Sales Jump 18% Through July as Market Rebounds

Indonesia's wholesale car sales jumped 18.3% through July to nearly 518,000 units, while retail sales rose 12.3%.
Business Jun 16, 2026 | 2:27 pm

Chinese Car Sales Jump 72% in Indonesia Amid EV Boom

Chinese automakers posted a 72% sales jump in Indonesia, driven by strong demand for electric vehicles.
Business May 11, 2026 | 9:58 pm

Indonesia Car Sales Jump 12% as EV Demand Accelerates

Indonesia’s car sales climbed 12% in early 2026 as EV demand surged, helping Chinese brands gain ground against Astra.

The Latest


Special Updates 1 hours ago

Chandra Asri Group Receives Trade Finance Excellence Award, Reinforcing Its Role in Indonesia’s Industrial Development

Chandra Asri Group receives the Trade Finance Excellence Award at CIMB Niaga Business Summit 2026.
Special Updates 2 hours ago

AEON MALL Deltamas Brings 11 Sports and Creative Competitions to AEONLYMPIC 2026

AEON MALL Deltamas hosts AEONLYMPIC 2026, featuring 11 sports and creative competitions, with more than 3,100 participants.
Business 2 hours ago

Indonesian Stocks Extend Losses for Third Day, Fall 3.64% to 4,996

Indonesian stocks fell 3.64% on Monday, extending losses for a third straight session amid MSCI concerns and tighter trading limits.
News 4 hours ago

Prabowo Calls Meeting on Forest Fires as Haze Reaches Jakarta, Singapore

Prabowo summons senior officials to discuss forest fires as smoke reaches Jakarta and Malaysia pushes for regional action.
Lifestyle 5 hours ago

Jakarta Outranks Amsterdam in Global Public Transport Survey

Jakarta climbs two places to 15th in Time Out's 2026 public transport survey, with its governor citing better network integration.
COPYRIGHT © 2026 JAKARTA GLOBE. ALL RIGHTS RESERVED