Indonesia auto industry flags headwinds despite higher April sales Reported on May 16, 2026, Indonesia’s car sales increased in April 2026, supported by improving economic conditions, lower Bank Indonesia (BI) interest rates, post-Eid demand recovery, and promotional activity. Industry participants said the 4.75% BI rate continued to support vehicle purchases through financing. Despite the sales growth, automotive industry players remain cautio...

News  Updated at: 2026/05/19

VKTR underscores EV ecosystem push in Central Java, Indonesia amid leadership transition On May 13, 2026, PT VKTR Teknologi Mobilitas Tbk announced a planned leadership transition following the resignation of President Director Gilarsi Wahju Setijono, effective after shareholder approval on May 19. The company said the change is part of routine governance and will not impact operations or strategic direction. VKTR also reaffirmed its long-term st...

News  Updated at: 2026/05/18

ment with VFTP after the divestment. A newly structured entity, expected to be named VinFast Vietnam Joint Stock Company (VFVN), will hold R&D, intellectual property, after-sales functions, and selected subsidiary investments, while VinFast’s international operations, including those in India and Indonesia, will remain unaffected. Completion of the transaction is subject to regulatory, shareholder, and creditor approvals, with closing expected ...

News  Updated at: 2026/05/15

Indonesian sales up 55% to 80,776 in April The Association of Indonesia Automotive Industries (GAIKINDO) and other sources reported that Indonesian vehicle sales in April 2026 were 80,776 units, up 55% compared to April 2025. By automaker sales in April, Toyota was up 59.8% y/y to 25,686 units and a 31.8% market share. Daihatsu was up 50.8% to 13,399 units with a 16.6% market share. Suzuki was up 72.7% to 7,160 units with a 8.9% market share. Mit...

News  Updated at: 2026/05/12

cale between 100,000 units and 150,000 units in each of Eastern Europe, the Middle East, and Asia-Pacific. -          For operations outside of China, Geely Auto Group has adjusted general agents to subsidiaries. To date, 14 subsidiaries have been established in global countries, including Indonesia, the Philippines, Germany, the Netherlands, Australia, and the UK, to further enhance dealers’ operational efficiency. -         ...

News  Updated at: 2026/05/11

Suzuki launches mild hybrid Fronx in Pakistan On May 6, Pak Suzuki Motor Company Limited unveiled and commenced sales of the Fronx in Pakistan, with production at its Karachi plant. Pakistan becomes the third country to locally produce the Fronx, after India and Indonesia. The Pakistan-market Fronx is notable for being the first Pak Suzuki-produced model to be equipped with a mild hybrid system. It is offered in both gasoline (K15B, 1,460cc) and...

News  Updated at: 2026/05/07

Indonesia preparing EV incentives to boost growth, starting with 100,000 electric cars Reported on May 5, 2026, Indonesia is preparing a new economic stimulus package centered on electric mobility incentives to support growth momentum. Finance Minister said the government plans to initially subsidize 100,000 electric cars, with details of the scheme to be announced later by the relevant ministry, while additional allocations could be introduced ...

News  Updated at: 2026/05/07

company now produces body components in Thailand using VinFast’s tooling and sends them back to Vietnam for assembly of VF 8 and VF 9 models, which are exported globally, including the U.S. In Malaysia, the company operates both car dealerships and parts manufacturing for ICE and EV vehicles. In Indonesia, it is exploring the opportunity because vehicles produced in Thailand and Malaysia can already be exported there. Editor’s note The inter...

News  Updated at: 2026/04/30

5 available in both LHD and RHD. Hongqi Offroad satisfies the off-road aspirations of Middle Eastern elites E-HS9 RHD defines the preferred choice for business leaders and connoisseurs in Asia-Pacific and the UK EHS5 serves as a versatile urban SUV for young users in RHD markets, including the UK, Indonesia, Singapore, and Macao Hongqi Global SUV presents a unique character of Eastern-Western cultural integration. Based on Hongqi press release...

News  Updated at: 2026/04/29

Indonesian auto parts firm PT Garuda Metalindo posts Q1 2026 growth Announced on April 27, 2026, Indonesia-based PT Garuda Metalindo Tbk entered 2026 with a focus on strengthening its position as a vertically integrated fastener and automotive component manufacturer, supported by integrated supply chain operations. Beyond automotive, the company continues to diversify into infrastructure, heavy equipment, and general industry to broaden its reven...

News  Updated at: 2026/04/29

Wuling Eksion officially launched in Indonesia with BEV and PHEV options On April 22, 2026, Wuling Motors Indonesia officially held the grand launch of the Wuling Eksion, a new 7-seater SUV offered with both BEV and PHEV powertrain options. Following its earlier introduction at IIMS 2026, the model now enters the market with full specifications and introductory pricing announced for the first 2,000 customers. For the EV lineup, the CE variant is ...

News  Updated at: 2026/04/23

Hino Motors boosts Indonesia output, accelerates exports and localization Announced on April 17, 2026, Hino Motors Ltd. continues to expand its Indonesian operations through sustained investment, localized manufacturing, and a focus on greener technologies. The progress was outlined during a government–industry discussion on sector developments and Indonesia’s positioning as a production and export hub. Hino has invested approximately USD 112...

News  Updated at: 2026/04/22

Toyota Indonesia partners with CATL to advance local electrified vehicle battery production On April 20, 2026, PT Toyota Motor Manufacturing Indonesia (TMMIN) announced a collaboration with Contemporary Amperex Technology Co. Ltd. (CATL) to strengthen Indonesia’s electrified vehicle battery ecosystem. The partnership aims to advance local capabilities in battery production across multiple stages of the supply chain, supported by a planned IDR 1...

News  Updated at: 2026/04/22

ling model year-to-date with 12,471 units, followed by the VF 3 (10,188), VF 5 (8,672, including Herio Green variants), VF 6 (6,679), Minio Green (3,809), VF MPV 7 (3,686), and VF 7 (3,514). Beyond Vietnam, VinFast posted its strongest March performance to date in overseas markets, including India, Indonesia, and the Philippines, where it maintained its position as one of the top EV brands. (From VinFast Auto press release dated April 10, 2026)...

News  Updated at: 2026/04/17

Indonesia Finance Minister, GAIKINDO hold talks on auto market growth and EV push Reported on April 17, 2026, Indonesia’s finance minister held talks with the Association of Indonesian Automotive Industries (GAIKINDO) in Jakarta on April 9 to discuss strengthening the domestic auto market and accelerating the shift toward electrified vehicles. The minister noted improving market performance, citing higher car sales in Q1 2026 versus a year earl...

News  Updated at: 2026/04/17

Vingroup’s GSM rebrands ride-hailing service as Green SM, expands to Indonesia and Philippines Announced on April 13, 2026, Green and Smart Mobility Joint Stock Company (GSM), part of Vingroup, has rebranded its ride-hailing service from “Xanh SM” to “Green SM” as it aligns its branding across international markets, marking its third anniversary. The company also launched a redesigned app with a simpler interface and AI-driven features ...

News  Updated at: 2026/04/17

Indonesian president inaugurates VKTR’s electric CV plant, pushes for national champions On April 9, 2026, President Prabowo inaugurated Indonesia’s first electric commercial vehicle assembly plant in Magelang, Central Java, operated by PT VKTR Teknologi Mobilitas Tbk. through its subsidiary PT VKTR Sakti Industries. The facility focuses on electric buses and trucks. Backed by an investment of around IDR 5 trillion, it is positioned to suppor...

News  Updated at: 2026/04/16

GAIKINDO shares Indonesia Q1 2026 export overview: Toyota leads CBU shipments On April 12, 2026, the Association of Indonesian Automotive Industries (GAIKINDO) released an infographic outlining Indonesia’s automotive export performance for January–March 2026.Based on this infographic and monthly statistics published by GAIKINDO, Toyota topped both the CBU and component export segments, while Mitsubishi Motors led the CKD segment. Following a ...

News  Updated at: 2026/04/16

JBIC announces USD 72 million loan for Mitsubishi Motors Indonesia expansion Announced on April 10, 2026, the Japan Bank for International Cooperation (JBIC) has agreed to provide a loan of up to USD 72 million to PT Mitsubishi Motors Krama Yudha Indonesia (MMKI) to support the expansion of its automobile manufacturing operations in Indonesia, following the signing of the agreement on March 31. The financing is part of a broader co-financing pack...

News  Updated at: 2026/04/16

Indonesian sales down 13.8% to 61,271 in March The Association of Indonesia Automotive Industries (GAIKINDO) and other sources reported that Indonesian vehicle sales in March 2026 were 61,271 units, down 13.8% compared to March 2025. By automaker sales in March, Toyota was down 20.0% y/y to 17,984 units and a 29.4% market share. Daihatsu was down 31.7% to 8,916 units with a 14.6% market share. Mitsubishi was down 10.0% to 5,190 units with a 8.5% ...

News  Updated at: 2026/04/15