Automotive - Car sales in Mar ‘26 tanked by 13.8% yoy

Automotive - Car sales in Mar ‘26 tanked by 13.8% yoy The Indonesian Automotive Industry Association (Gaikindo) recorded a meaningful drop in car sales in Mar ‘26 compared to the same period of last year. Wholesale car sales, or distribution from manufacturers to dealers was at 61,271 units in Mar ‘26, or declined by 13.8% yoy from 71,099 units in Mar ‘25. Retail sales reached 66,637 units in the same month, or down 13.2% compared to the Mar ‘25, which was 76,765 units. On monthly basis, wholesale car sales also experienced a significant contraction, down 24.6% mom compared to 81,250 units in Feb ‘26. Retail sales also weakened by 14.8% from 78,239 units in the previous month. Nevertheless, cumulatively throughout the first 1Q26, wholesale car sales still recorded growth with a total of 209,021 units, an increase of 1.7% yoy compared to the same period the previous year, which was 205,539 units. Meanwhile, retail sales for the period of 3M26 reached 211,905 units, a slight increase of 0.5% compared to last year's realization of 210,766 units. (Source : Bisnis Indonesia)