Bisnis.com, JAKARTA – Indonesia’s automotive industry is at its lowest point since the Covid-19 pandemics and experts believe mass layoffs are on the horizon should conditions fail to improve.
According to the Association of Indonesian Automotive Manufacturers (Gaikindo), wholesale car sales in May (manufacturer to dealer) totaled 60,613 units, down 15.1% year-on-year (YoY) from 71,391 units. From January to May 2025 (year-to-date or YtD), car sales reached 316,981 units — down 5.5% YoY from last year’s 335,405 units last.
