Electric vehicles fuel Indonesia's first car sales growth since June 2023

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JAKARTA :Indonesia's car sales in February rose 2.2 per cent year-on-year, the first growth recorded since June 2023, data from the country's car association showed on Tuesday, amid growing adoption of electric vehicles (EV) driven mostly by Chinese brands.

Japanese carmakers such as Toyota, Daihatsu, Honda and Mitsubishi Motors still dominate Indonesia's car market.

Gaikindo said it expects to sell 900,000 units of cars this year, slightly higher than 2024's 865,723.

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Category: EconomyBusiness

Markets: SingaporeIndonesiaJapan

Topics: Year Cars Sales Last Association Data Brands February Growth Chinese Jakarta

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-11 @ 11:04:07 (1 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 361 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 26881834

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