Nearly No Demand During Pandemic, Car Selling Down 90%

Nearly No Demand During Pandemic, Car Selling Down 90%

Covid-19 pandemic inflicted a significant blow to the automotive sector. Vehicle sales in April 2020 fell by 90.6% compared to the same month in the previous year due to weakening purchasing power and lack of demand. The Association of Indonesian for Automotive Industries (GAIKINDO) noted that car sales in April 2020 declined 90.6% to only 7,871 units compared to the same month in the previous year, which reached 84,056 units....