Automakers upbeat as industry recovers from flat growth
According to data from the Gaikindo, domestic car sales last year reached 1.079 million units, up just 1.6% from 2016. For this year, automakers predicted a more positive outlook. During the first quarter of the year, Mitsubishi sold 55,316 units, a significant increase from the 25,919 units it sold during the same period last year, according to data from ASII. PT Mercedez-Benz Distribution Indonesia (MDI), which also enjoyed a significant growth in sales in the first quarter, is also upbeat about this year’s outlook. Event organizer Dyandra Promosindo is hoping to book Rp3.3tr in transactions from this year’s exhibition, up from last year’s target of Rp3.1tr.