JAKARTA. Premium cars sales are predicted to remain stagnant in this year. Chairman I of Indonesian Automotive Industry Association (Gaikindo) Jongkie D Sugiarto said, the premium car market depends on economic condition. The stronger economy, the higher premium cars sales. “But the problem is, the economy is predicted to grow only by 5%,” said Jongkie, Tuesday (10/1). With the prediction of 5% economic growth, Jongkie estimates that the premium cars sales will remain the same with the last year. “Probably, the sales (of premium cars) may only increase by 4%-5%,” said Jongkie. Learning from the results in 2016, Jongkie said that the premium cars sales tend to decrease. Data of Gaikindo show that the sales of premium car brand BMW dropped by 9% from 2,446 units as of November 2015 to 2,225 units in November 2016.
Premium car market remains low
JAKARTA. Premium cars sales are predicted to remain stagnant in this year. Chairman I of Indonesian Automotive Industry Association (Gaikindo) Jongkie D Sugiarto said, the premium car market depends on economic condition. The stronger economy, the higher premium cars sales. “But the problem is, the economy is predicted to grow only by 5%,” said Jongkie, Tuesday (10/1). With the prediction of 5% economic growth, Jongkie estimates that the premium cars sales will remain the same with the last year. “Probably, the sales (of premium cars) may only increase by 4%-5%,” said Jongkie. Learning from the results in 2016, Jongkie said that the premium cars sales tend to decrease. Data of Gaikindo show that the sales of premium car brand BMW dropped by 9% from 2,446 units as of November 2015 to 2,225 units in November 2016.