Indonesia Automotive is Optimistic in the midst Regional ASEAN 18% slowdown

Indonesia automotive is quite convinced of a better achievement by the end of the year in term of sale and production. Gaikindo( indonesia automotive association) chairman yohanes nangoi is much confident that the program tax amnesty and better economy growth of indonesia compared to other asean region will push the automotive sector by the end of the year. 

This because of the high money flow in the society out of tax amnesty and high household expenditure will push forward the purchasing capability of the people. It is determined by the enthusiasm of customers toward the automotive display held by gaikindo last time. There are many automotive dealers which list the big sale on this automotive display.

The commodity also contribute since the crude palm oil is improving its price and sale will boost the purchasing capability of people.

In term of regional, asean hints the slowdown of automotive sale and production 18%. Data Asean Automotive Federation (AAF) show total car sales in Asean in July only se-lots 230 298 units, down by 18.14% compared with the previous month were as many as 281 337 units.

The realization of production decreased by 18.02% from 356 710 units in June to 292 407 units in July. The production volume in July to the lowest so far this year. "Indonesia and Malaysia are induced Eid, because two grandmother because it is a Muslim majority. Other countries there is a global economic factors, "said Chairman of Indonesian Automotive Industries Association Jongkie D. Sugiarto told the Business, Wednesday (7/9).

All the countries that joined the AAF-lowering's experience, except Vietnam. The state is able to circumvent the market sluggishness succeeded in raising the percentage of sales by 39% in July. The positive trend was automatically followed by the realization of the increase of production in July rose by 39.6% compared with June. According Jongkie, specific to Indonesia and Malaysia, where at that time undergoing a big celebration, so that the production and sales activity has been temporarily interrupted.