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Automotive Report Indonesia 1st Quarter

  • ID: 2101470
  • Report
  • February 2017
  • Region: Indonesia
  • 13 Pages
  • The Economist Intelligence Unit
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Indonesia has the largest vehicle market in South-east Asia, with car sales of nearly 1m units and commercial vehicles (CV) sales of over 200,000 units forecast for this year. However, the market remains largely untapped, given that it is the world's fourth-largest country by population, with more than 260m inhabitants.

The automotive sector is an important pillar of domestic manufacturing, supported by increasing foreign direct investment. In 2016 vehicle production totalled a little less than 1.2m units, of which 20% were CVs, according to the Indonesian Automotive Industry Association (Gaikindo).

After falling sharply in 2015, car sales rebounded in 2016, rising by 17% year on year. Although a tax amnesty has diverted money away from larger cars, sales of low-cost green cars (LCGS), which are supported by government subsidies, have been particularly strong. The Economist Intelligence Unit expects another strong year for cars in 2017, to be followed by a dip in 2018 and steady growth in the remaining three years of our five-year forecast period, bringing the compound annual growth rate (CAGR) to 3.7% in 2017-21.

Industry List: Automotive, Automotive, Commercial and other vehicles, Automotive, Fuel sources, Automotive, Passenger vehicles
Industry Codes (NAIC): 336
Industry Codes (SIC): 37
Note: Product cover images may vary from those shown
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Automotive Report Indonesia 1st Quarter

Automotive report: Overview

Automotive report: Passenger cars

Automotive report: Commercial and other vehicles

Automotive report: Production

Automotive report: Fuel sources
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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