New vehicle sales in Indonesia continued to decline in August 2025, by 19% to 61,780 units from 76,302 in the same month last year, according to wholesale data compiled by the local automotive industry association Gaikindo. Market sentiment has weakened significantly in the last year, with fewer consumers committing to large purchases. Economic growth accelerated to 5.1% year-on-year in the second quarter, up from a downwardly revised 4.9% in the first quarter, due mainly to stronger investment activity a ...