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Jul 21, 2019 · BSCB is offering you Historical info for the Indonesian new car market covering over 40 years from 1976 to today. This is one of the markets in the world that has shown the most explosive growth over the period, going from a mere 72.000 sales in 1976 to 1.2 million in 2013.
Mar 21, 2024 · Toyota was the leading passenger vehicle brand in Indonesia with car sales over 331.4 thousand units in 2022. The Chinese manufacturer Wuling launched its first car in early 2017 and made it in...
- What’s Supply Got to Do with It?
- Car Prices Determined by Supply and Demand
- What Is Dealer Markup?
- Manufacturers Warn Dealers About Markups
- What You Can Do About High Markups on Cars
If you start shopping for a new car, you may encounter dealers who refuse to budge from the vehicle’s posted window sticker price. In other words, they aren’t willing to negotiate. New car inventories returned to normal for some automakers but remain exceedingly tight for others due to residual supply-chain issues and other factors. According to da...
If you never pay much attention to the fundamental theories of economics, you may not realize the current marketplace works like a Petri dish for the effects of supply and demand. In an open market, demand dictates prices. The more people want a thing (like cars), the more they are willing to pay for it, and the higher its price goes. That higher d...
For our purposes here, we define dealer markup as profit and a selling price the dealership assigns above and beyond the carmaker’s MSRP. A dealer tacks these arbitrary amounts onto the MSRP to increase profit on high-demand models. Sometimes, such markups appear as a second window sticker separate from the MSRP. Historically, you would find them p...
During the past two years, cars were in high demand across nearly all vehicle makes and models, and the temptation to price gouge was too great for some dealers to resist. Car shopping became so competitive because of the limited number of new cars available that some manufacturers like Ford, General Motors, Subaru, Hyundai, and others began cracki...
Wait: Although new car inventories continue to improve, and some automakers have stock levels at or above normal, this market remains in flux. If you aren’t desperate for a high-demand new car, wai...Contact several dealers: The more dealers you contact, the better your chance of scoring the best deal. To simplify the process, use our tool to obtain a free price quotefrom dealers in your local...Be prepared to compromise: The Rolling Stones said it best: “You don’t always get what you want.” If you are going to buy off a dealer’s lot or from those coming in on a truck, remain flexible. The...Don’t take dealer ads at face value: New car advertising typically comes with many disclaimers and caveats regardless of the market conditions. If a new car price seems too good to be true, it prob...Dec 26, 2017 · Wholesale new vehicle sales in Indonesia - including passenger vehicles and light, medium, and heavy commercial vehicles (MHCVs) - declined 4.6% year on year (y/y) to 96,191 units during November, according to data from the Association of Indonesian Automotive Industries (GAIKINDO).
The Association of Indonesia Automotive Industries (GAIKINDO) and other sources reported that Indonesian vehicle sales in February 2024 were 70,657 units, down 18.8%% compared to February 2023. By automaker sales in February, Toyota was down 13.9% y/y to 23,525 units and a 33.3% market share.
for the first time since its launch in 2004 and in 2005, Toyota Kijang Innova becoming best selling car in 2023. Traditionally, Indonesia is a market heavily oriented to Japanese cars like most of its Southeast Asian neighbours.
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