double-skinned crabsVietnamese crab exportergood crabexellent crab

Economic Conditions Cause Drop in Commercial Vehicle Sales

The Jakarta Globe
August 5, 2025 | 9:44 am
SHARE
Mitsubishi Fuso's booth at the 2025 Gaikindo Indonesia International Auto Show (GIIAS) exhibition at ICE BSD, Tangerang. This event will run from July 24 to August 3, 2025. (Beritasatu.com/Herman)
Mitsubishi Fuso's booth at the 2025 Gaikindo Indonesia International Auto Show (GIIAS) exhibition at ICE BSD, Tangerang. This event will run from July 24 to August 3, 2025. (Beritasatu.com/Herman)

Jakarta. Indonesian Automotive Industry Association Gaikindo recently reported a decline in commercial vehicle sales, including trucks -- a drop that the group attributed to the current economic conditions.

Gaikindo's Secretary-General Kukuh Kumara said Monday that the fluctuations in commercial vehicle sales were closely related to national project activities.

"Commercial vehicles depend on existing projects. If the economy recovers, commodities rise, mining increases, [vehicle sales] usually continues [to grow]," Kukuh said.

Gaikindo also considers that the government policies are pivotal to fostering economic growth and investment climate. The association is now keeping its fingers crossed for the economy to improve by the second half of 2025. Kukuh said such improvements would become a boon to automotive sales, including on commercial vehicles.

ADVERTISEMENT

"We need to have pro-investor policies. Ones that provide long-term guatantees, and are sustainable," Kukuh said.

He also talked of the so-called price war in the national automotive industry -- a phenomenon that sees Chinese automakers selling their products at discounted prices. Kukuh said there was nothing strange about seeing price wars as such things were bound to happen in a competitive industry like automotives.

"Price wars are the result of a long process. For instance, the technology [used in the vehicles]. This technology is driven by comprehensive research and development," Kukuh said.

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

Related Articles


Business Jul 30, 2026 | 7:41 pm

Indonesia Expects Auto Sales to Top 850,000 Units in 2026 as Market Recovers

Indonesia expects auto sales to top 850,000 units in 2026 as production and wholesale deliveries rebound, signaling a recovery in domestic d
Tech Jul 14, 2026 | 11:59 am

Indonesia's Auto Industry Says Diesel Vehicles Ready for B50

Indonesia's automakers say B50 biodiesel is safe for diesel vehicles as the government targets a nationwide rollout by Oct. 1.
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 12, 2026 | 12:07 pm

Stronger Car Sales in Indonesia Not a Sign of Middle-Class Recovery

Indonesia auto sales rose 12% in early 2026, but recovery in middle-class consumption remains uneven, says Permata Bank.
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


Business 10 minutes 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 2 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 3 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.
Business 3 hours ago

MSCI Concerns, Tighter IDX Trading Rules Send Indonesian Stocks Down 5% by Midday

Indonesian stocks plunge 5% by midday as MSCI concerns weigh on sentiment and the IDX tightens its daily downside limit to 7%.
News 3 hours ago

Jakarta Prepares 367 Health Facilities as Haze Reaches the Capital

Jakarta prepares 367 health facilities to treat potential haze-related illnesses after smoke from Sumatra and Kalimantan crosses the region.
COPYRIGHT © 2026 JAKARTA GLOBE. ALL RIGHTS RESERVED