TEMPO.CO, Jakarta - Car sales in march exceeded February`s figures, but on a year-on-year basis, the volume edged down.
According to Gaikindo’s data, cas shipment from automakers and assemblies to dealers in March amounted to 101, 674 units, up from February’s 94,261 units.
However, wholesales figure fell 0.67 percent from March 2017’s 102,335 units.
"March 2018’s wholesales reached 101,674 units while the retail sales number was 106,049 units," Gaikindo secretary Kukuh Kumara said as quoted by Bisnis, Monday.
Sometime ago, Gaikindo`s first chairman Jongkie D. Sugiarto projected a five-percent car sales growth, based on the government's economic growth projections for 2018.
He said that sales will still be driven by commercial vehicle, while passengers cars’ sales are expected to increase wih a thin margin of less than 5 percent.