Business

Indonesia car sales surge in May - Astra, citing data

Indonesia's car sales surged 1,443.6per cent to 54,815 units in May, from 3,551 units in the same month last year, the country's largest automotive distributor Astra International said on Tuesday, citing data from an industry group.

FILE PHOTO: Security officer rides a motorbike as he patrols past new cars parked at the IPC Car Te
FILE PHOTO: A security officer rides a motorbike as he patrols past new cars parked at the IPC Car Terminal in Jakarta, February 11, 2021 in this photo taken by Antara Foto. Antara Foto/Aprillio Akbar/ via REUTERS

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JAKARTA: Indonesia's car sales surged 1,443.6per cent to 54,815 units in May, from 3,551 units in the same month last year, the country's largest automotive distributor Astra International said on Tuesday, citing data from an industry group.

The sales levels in the past three months have returned to pre-pandemic numbers as consumer confidence improved and thanks to tax easing by the government, Astra said in the statement on the figures from the Indonesia Automotive Industry Association (Gaikindo).

(Reporting by Nilufar Rizki, Fransiska Nangoy)

Source: Reuters