2009 Cars Sales close to 486K units
Indonesia Cars Sales 2009 close to 486,000 units
By Ali Budiman
Finally! 2009 Cars Sales in Indonesia close to 486,000 units or fell 20% from 2008 cars sales. It’s over than 2009 targeted that GAIKINDO predicted in beginning year 2009 that only 430K units or decrease 30% from 607K units of year 2008. In beginning year 2009, national auto industry has still impact by economic crisis due sales of new cars had to have a negative correction. High inflation rate, the value of the Indonesia rupiah to foreign currency continued to decline, and high bank interest cause consumers to resist the urge to buy a new car. Especially at the beginning of 2009, most of car dealers raise its product prices up 20% from the previous price.
Exhibition of New Car in Indonesia
But thankfully the condition of the national auto industry concern is not continued. New car sales decreased only in the first three months alone. In the mid-year, new car sales continue to increase even reached the highest sales in the month of October some 52 thousand units. Even sales at the end of the year, in December 2009 remained 21% (47,949 units) higher than sales in December of 2008 noted that only 39.651 units.
There are several factors that led to the automobile industry can recover more quickly. Although there is the Presidential election, relatively stable political conditions. While a strong economic foundation lead to inflation in 2009 in December only 2.7%, while the value of the rupiah against the U.S. dollar can maintain its Rp. 9300 level from Rp. 12,000 in Jan-09. In addition Bank Indonesia has lowered gradually in the BI Rate is reference interest rate from 8.75% at the beginning of the year to 6.5% in December 2009.
Herewith the wholesales data of new car in year 2009:
| Month | Year 2009 | Year 2008 |
| January | 31,623 | 41,375 |
| February | 34,506 | 47,466 |
| March | 34,127 | 46,714 |
| April | 34,604 | 51,655 |
| May | 35,819 | 50,718 |
| June | 39,568 | 54,707 |
| July | 41,910 | 60,830 |
| August | 48,101 | 58,491 |
| September | 37,206 | 55,231 |
| October | 52,226 | 54,813 |
| November | 48,361 | 46,119 |
| December | 47,949 | 39,651 |
| Total Car Sales | 486,000 | 607,770 |
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