{"id":7111,"date":"2016-01-29T12:36:32","date_gmt":"2016-01-29T12:36:32","guid":{"rendered":"http:\/\/www.gaikindo.or.id\/en\/gaikindo-pasar-mobil-domestik-2016-berpeluang-naik-5\/"},"modified":"2016-02-08T11:13:17","modified_gmt":"2016-02-08T11:13:17","slug":"gaikindo-pasar-mobil-domestik-2016-berpeluang-naik-5","status":"publish","type":"post","link":"https:\/\/www.gaikindo.or.id\/en\/gaikindo-pasar-mobil-domestik-2016-berpeluang-naik-5\/","title":{"rendered":"GAIKINDO: Indonesian Domestic Car Market likely Up 5% in 2016"},"content":{"rendered":"<p><a href=\"\/\/www.gaikindo.or.id\/wp-content\/uploads\/2015\/07\/pasar-otomotif.jpg\" rel=\"attachment wp-att-1652\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-1652 aligncenter\" src=\"\/\/www.gaikindo.or.id\/wp-content\/uploads\/2015\/07\/pasar-otomotif.jpg\" alt=\"pasar otomotif\" width=\"673\" height=\"373\" \/><\/a><\/p>\n<p>JAKARTA\u2014 The Association of Indonesia Automotive Industry (GAIKINDO) is embarking into 2016 with optimism. GAIKINDO\u2019s 1st Chairman Mr Jongkie D Sugiarto predicted that domestic car market in 2016 is likely to increase 5%. \u201cThe volume may reach 1,050,000 units, or even better 1,100,000 units,\u201d Mr Jongkie in a discussion \u201cPrediction of Automotive Industry 2016\u201d in Jakarta, Wednesday 27 January 2016.<\/p>\n<p>The optimism springs from Indonesian macro economy in its National State Budget 2016. The optimism includes the government\u2019s target on economy by 5.3% in 2016. Other factors that boost the optimism include stronger Rupiah\u2019s exchange rate, low inflation, higher financing on car sales, growing global economy, infrastructure development, and central bank rate.<\/p>\n<p>Government \u2018s plan to build toll roads outside Java also plays role in boosting the optimism. \u201cThe economic growth by 5.3% makes us optimistic,\u201d Mr Jongkie said.<\/p>\n<p>In 2015, Indonesian domestic car market booked sales of 1,013,291 units, down 16% from that in 2014 (1,2 million units). GAIKINDO is certain that sedan sales will rise if government cuts the tax by 30%. Another incentive that industry needs from government is tax cut for car components, which will encourage industry.<\/p>\n<p>Some carmakers have built manufacturing facilities in Indonesia with production capacity of about 2 million units a year. Of that capacity, 200,000 units are for export that becomes backbone car manufacturers in Indonesia, apart from the huge domestic market. GAIKINDI is expecting that car export from Indonesia will increase to 600,000 units in the next three years. (*)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>JAKARTA\u2014 The Association of Indonesia Automotive Industry (GAIKINDO) is embarking into 2016 with optimism. GAIKINDO\u2019s 1st Chairman Mr Jongkie D Sugiarto predicted that domestic car market in 2016 is likely to increase 5%. \u201cThe volume may reach 1,050,000 units, or even better 1,100,000 units,\u201d Mr Jongkie in a discussion \u201cPrediction of Automotive Industry 2016\u201d in [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1653,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[106,108],"tags":[],"class_list":["post-7111","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy-industry-en","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>GAIKINDO: Indonesian Domestic Car Market likely Up 5% in 2016 - GAIKINDO<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.gaikindo.or.id\/en\/gaikindo-pasar-mobil-domestik-2016-berpeluang-naik-5\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GAIKINDO: Indonesian Domestic Car Market likely Up 5% in 2016 - GAIKINDO\" \/>\n<meta property=\"og:description\" content=\"JAKARTA\u2014 The Association of Indonesia Automotive Industry (GAIKINDO) is embarking into 2016 with optimism. GAIKINDO\u2019s 1st Chairman Mr Jongkie D Sugiarto predicted that domestic car market in 2016 is likely to increase 5%. \u201cThe volume may reach 1,050,000 units, or even better 1,100,000 units,\u201d Mr Jongkie in a discussion \u201cPrediction of Automotive Industry 2016\u201d in [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.gaikindo.or.id\/en\/gaikindo-pasar-mobil-domestik-2016-berpeluang-naik-5\/\" \/>\n<meta property=\"og:site_name\" content=\"GAIKINDO\" \/>\n<meta property=\"article:published_time\" content=\"2016-01-29T12:36:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2016-02-08T11:13:17+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.gaikindo.or.id\/wp-content\/uploads\/2015\/07\/pasar-otomotif.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"673\" \/>\n\t<meta property=\"og:image:height\" content=\"373\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sigit Pramono\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.gaikindo.or.id\/en\/gaikindo-pasar-mobil-domestik-2016-berpeluang-naik-5\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.gaikindo.or.id\/en\/gaikindo-pasar-mobil-domestik-2016-berpeluang-naik-5\/\"},\"author\":{\"name\":\"Sigit Pramono\",\"@id\":\"https:\/\/www.gaikindo.or.id\/en\/#\/schema\/person\/2146a306de418f080e34cc1b1f499d6a\"},\"headline\":\"GAIKINDO: Indonesian Domestic Car Market likely Up 5% in 2016\",\"datePublished\":\"2016-01-29T12:36:32+00:00\",\"dateModified\":\"2016-02-08T11:13:17+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.gaikindo.or.id\/en\/gaikindo-pasar-mobil-domestik-2016-berpeluang-naik-5\/\"},\"wordCount\":238,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.gaikindo.or.id\/en\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.gaikindo.or.id\/en\/gaikindo-pasar-mobil-domestik-2016-berpeluang-naik-5\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.gaikindo.or.id\/wp-content\/uploads\/2015\/07\/pasar-otomotif.jpg\",\"articleSection\":[\"Industry &amp; 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