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Pent-up demand boosts car sales in November

The domestic wholesales of cars continued their upward trend in November, driven by pent-up demand as economic activity starts picking up.
Car wholesales rose by 9.84 percent month-to-month to 53,844 vehicles in November, according to Indonesian Automaker Association (Gaikindo) data compiled by diversified conglomerate PT Astra International circulated on Tuesday.
Despite the rise, the figure was still down by nearly 41 percent from 91,240 cars sold in November last year. This led to a shrinking market share for Astra International, from 52 percent in 2019 to 45 percent this year.
“[Wholesales] are still hovering at around the 50,000 level, which is good enough,” Gaikindo secretary-general Kukuh Kumara told The Jakarta Post in a phone interview on Wednesday. “The figure should have been higher because logistical and transportation needs do still exist.” ....

Jakarta Raya , Kukuh Kumara , Pt Astra International , Indonesian Automaker Association Gaikindo , Astra International , Indonesian Automaker Association , Jakarta Post , ஜகார்த்தா ராய , ட் அஸ்ட்ரா சர்வதேச , அஸ்ட்ரா சர்வதேச , ஜகார்த்தா போஸ்ட் ,

Pent-up demand boosts Indonesia car sales in November

The domestic wholesales of cars continued their upward trend in November, driven by pent-up demand as economic activity starts picking up.
Car wholesales rose by 9.84 percent month-to-month to 53,844 vehicles in November, according to Indonesian Automaker Association (Gaikindo) data compiled by diversified conglomerate PT Astra International circulated on Tuesday.
Despite the rise, the figure was still down by nearly 41 percent from 91,240 cars sold in November last year. This led to a shrinking market share for Astra International, from 52 percent in 2019 to 45 percent this year.
“[Wholesales] are still hovering at around the 50,000 level, which is good enough,” Gaikindo secretary-general Kukuh Kumara told The Jakarta Post in a phone interview on Wednesday. “The figure should have been higher because logistical and transportation needs do still exist.” ....

Jakarta Raya , Kukuh Kumara , Pt Astra International , Indonesian Automaker Association Gaikindo , Astra International , Indonesian Automaker Association , Jakarta Post , ஜகார்த்தா ராய , ட் அஸ்ட்ரா சர்வதேச , அஸ்ட்ரா சர்வதேச , ஜகார்த்தா போஸ்ட் ,