Gaikindo to set new car sales target for 2026
otomotif.katadata.co.id, 6 Jan '26
New car sales in 2025 remain well below their peak, with the four-wheeled vehicle market experiencing a downturn.
Many stakeholders are hoping that Indonesia's automotive industry will recover, particularly in 2026.
However, the Association of Indonesian Automotive Industries (Gaikindo) has not yet determined a sales target for the coming year.
"We haven't met with members to determine sales projections for 2026," said Jongkie D. Sugiarto, Vice Chairman of Market Development at Gaikindo, to the publication on March 12th.
According to Jongkie, Gaikindo members will convene in the near future to discuss the direction of the new car market throughout 2026. This discussion is considered important to better understand the condition of four-wheeled vehicle sales in the country.
Input and views from all members will form the basis for determining the association's policy direction.
Through this process, members will gain clarity on the challenges ahead and can then determine the figures or targets they aim to achieve.
"We will arrange it later (Gaikindo members' meeting)," Jongkie concluded.
Gaikindo reported that new car retail sales from January to November 2025 remained significantly lower than those recorded during the same period in 2024, representing a decline of approximately 8.4%, year-on-year.
The association has also revised its sales target for new four-wheeled vehicles in 2025. Gaikindo is yet to release its new car sales report for December 2025.
Expected to Rise
Despite current challenges, Gaikindo remains optimistic about a recovery in Indonesia's four-wheeled vehicle industry.
"If the economy improves, everything will. Yesterday, Mr. Purbaya said he hoped for 6% national economic growth, so of course it would increase," Jongkie said on January 4th. He added that a market recovery remains possible, particularly if national economic conditions improve.
Jongkie also expressed hope that new car sales would rise in 2026, reaching 800,000 units.
"Or maybe 900,000 units, or even 1 million units, thank God. That's our hope," he concluded.
