Indonesia auto sales plunge 96% in May, Astra sees June rebound (updated)
16/06/2020 08:15
(Adds new Astra president director on sales in June)
JAKARTA, June 16 (Reuters) - Car sales in Indonesia plunged
95.8% in May from a year earlier to 3,551 units, industry
association data cited by the country's largest auto distributor
PT Astra International ASII.JK showed on Monday.
May sales were also less than half the 7,868 units sold in
April when sales were down 90.6% from a year earlier due to
movement curbs imposed to contain the spread of the coronavirus.
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Indonesia's car market is dominated by Japanese brands, with
Toyota 7203.T and Daihatsu 6023.T usually leading sales, but
Mitsubishi 8058.T and Suzuki 7269.T led in May.
But Astra, which controls about half of the Indonesian car
market, saw signs of an improvement in June after selling only
1,102 cars domestically in May, down 97.6% from a year earlier.
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"In June, we've seen some pretty good movement, an increase
compared with movement in May," said Djony Bunarto Tjondro, who
was appointed as new president direct at the annual
shareholders' meeting on Tuesday.
Astra sold 134,649 cars domestically in January-May, down
40.6% from a year earlier.
(Reporting by Nilufar Rizki, Tabita Diela and Gayatri Suroyo;
editing by Jason Neely, Ed Davies)
((gayatri.suroyo@thomsonreuters.com; +622129927609; Reuters
Messaging: gayatri.suroyo.thomsonreuters.com@reuters.net))