In a new development that has industry analysts concerned, Indonesia's car sales have plummeted further in January 2025, marking a significant downturn in the automotive sector. Latest figures reveal the sales have dropped to -11.30% year-over-year, an alarming decline from the -6.40% recorded just a month earlier in December 2024. This data update was officially released on February 11, 2025.
The automotive industry in Indonesia, which had been grappling with various challenges over the past year, is now facing a worsening situation as seen in the sharp decrease in sales. The comparison shows that the current slide in the sales performance is more than double the year-over-year decline witnessed in December.
Industry experts are monitoring this trend closely, as it reflects broader economic conditions and consumer confidence in the region. This continuous drop raises questions about underlying issues, possibly including economic policies, supply chain disruptions, or shifts in consumer preferences that need to be addressed to stabilize and rejuvenate the car market in Indonesia. The coming months will be crucial to see if this negative trend can be reversed.
