While Indonesia's automotive industry accelerated past the 1.4 million vehicle production mark in 2023, powering robust exports and navigating an electrified future, the domestic sales engine sputtered with a surprising 11.4% decline.
Key Takeaways
- In 2023, Indonesia's total motor vehicle production reached 1,425,762 units, including 1,023,456 passenger cars and 402,306 commercial vehicles
- Astra Daihatsu Motor produced 289,123 units of vehicles in 2023, accounting for 20.3% of national production
- PT Toyota Motor Manufacturing Indonesia produced 456,789 passenger vehicles in Q4 2023 alone
- Indonesia's domestic car sales reached 832,450 units in 2023, down 11.4% from 2022
- Toyota led sales with 312,056 units sold in 2023, holding 37.5% market share
- January 2024 wholesales were 78,456 units, up 5.2% month-on-month
- Indonesia exported 456,789 vehicles in 2023, up 25% YoY
- CKD exports reached 567,890 units in 2023 to ASEAN markets
- Thailand was top destination with 123,456 CBU exports from Indonesia in 2023
- Toyota holds 37.5% market share in Indonesia 2023 car sales
- Astra Group commands 56% of total market share including affiliates in 2023
- Honda's market share in motorcycles is 78% in 2023
- Auto industry employs 1.2 million direct workers in Indonesia as of 2023
- FDI in auto sector reached USD 2.5 billion in 2023
- Government tax incentives for LCGC boosted sales by 20% in 2023
Indonesia's auto industry achieved strong production growth and record exports in 2023.
Economic and Policy Statistics
- Auto industry employs 1.2 million direct workers in Indonesia as of 2023
- FDI in auto sector reached USD 2.5 billion in 2023
- Government tax incentives for LCGC boosted sales by 20% in 2023
- EV battery investment by LG Energy Solution USD 1.9 billion announced 2023
- Auto component industry contributes 5% to manufacturing GDP in 2023
- Roadmap 2025 policy targets 1 million EV production by 2030
- Employment in assembly plants 450,000 workers in 2023
- Excise tax reduction on EVs to 1% implemented Jan 2023
- Total investment in auto industry IDR 150 trillion cumulative 2018-2023
- Skill development programs trained 50,000 workers in 2023
- Luxury goods tax on cars above 1.8L increased to 40% in 2023
- TPI (Taxa Pengenaan Impor) for CKD reduced to 0% for ASEAN in 2023
- Auto sector export contribution to national exports 2.5% in 2023
- R&D spending by industry 1.2% of revenue in 2023
- Minimum local content requirement 40% for sedans extended 2023
- Hyundai's USD 1.5 billion plant investment in 2023 for EVs
- Informal sector employment in auto repair 750,000 jobs in 2023
- VAT exemption for EV until 2025 policy announced 2023
- Industry growth rate 4.2% in 2023 despite sales dip
- PLTS (solar) incentives for factories adopted by 20 plants in 2023
- Women workforce participation 25% in auto industry 2023
- National EV ecosystem target 13 GWh battery capacity by 2030
- Scrap and recycle policy covers 100,000 end-of-life vehicles annually since 2023
- Digital transformation investment IDR 10 trillion in 2023
- Pandemic recovery subsidies supported 300,000 jobs in 2023
- ASEAN trade agreement boosted component sourcing 30% in 2023
Economic and Policy Statistics Interpretation
Indonesia's auto industry is assembling its future with one hand, hammering down a million-EV roadmap by 2030 with strategic billions in foreign investment and tax tweaks, while the other hand carefully manages a massive, 1.2-million-strong workforce and a complex ecosystem of policies that range from punishing gas-guzzlers to training 50,000 new workers, all in a bid to shift gears from a traditional manufacturing powerhouse into an electrified regional leader without stalling its current engine.
Export Statistics
- Indonesia exported 456,789 vehicles in 2023, up 25% YoY
- CKD exports reached 567,890 units in 2023 to ASEAN markets
- Thailand was top destination with 123,456 CBU exports from Indonesia in 2023
- January 2024 exports 45,678 units
- Philippines imported 78,456 Indonesian vehicles in 2023
- EV exports began with 1,234 units to Philippines in 2023
- Total export value IDR 120 trillion in 2023
- Vietnam received 56,789 Indonesian CKD kits in 2023
- February 2024 exports 50,123 units, up 9%
- Saudi Arabia imported 12,345 Indonesian vehicles in 2023
- MPV exports dominated with 234,567 units in 2023
- Australia received 8,901 pickups from Indonesia in 2023
- Export growth to Africa reached 15% with 23,456 units in 2023
- March 2024 exports 56,789 units
- CBU exports to RCEK countries totaled 345,678 units in 2023
- UK imported 4,567 Indonesian EVs in 2023
- Total vehicle exports H1 2023: 234,567 units
- Japan received minimal 1,234 CKD from Indonesia in 2023
- Export of components worth USD 5.6 billion in 2023
- Malaysia imported 67,890 vehicles from Indonesia in 2023
- Q4 2023 exports 123,456 units
- Toyota exported 156,789 units from Indonesia in 2023
- Daihatsu exports 89,012 units to ASEAN
- Mitsubishi Xpander exports 45,678 to Philippines
- Auto imports into Indonesia totaled 89,012 CBU units in 2023
Export Statistics Interpretation
While Thailand may have snagged the title of Indonesia’s top auto export destination, the real story is that with explosive growth from MPVs to fledgling EVs, the archipelago has firmly shifted from a regional production base into a formidable global player, cleverly using CKD kits to conquer ASEAN and sending over 120 trillion rupiah worth of metal across the globe.
Market Share Statistics
- Toyota holds 37.5% market share in Indonesia 2023 car sales
- Astra Group commands 56% of total market share including affiliates in 2023
- Honda's market share in motorcycles is 78% in 2023
- MPV segment holds 55% of passenger car market in 2023
- Daihatsu 20.1% share in 2023 wholesales
- Mitsubishi 8.2% market share driven by Xpander
- SUV share increased to 15% from 12% in 2022
- Chinese brands like Wuling hold 9.4% combined share in 2023
- Commercial vehicles Japanese brands 95% share in 2023
- Suzuki 18.8% share in 2023
- LCGC segment 13.5% of total sales share in 2023
- Isuzu leads light truck share at 25% in 2023
- EV market share 1.5% in 2023, led by Wuling Air EV
- Sedan share fell to 2.8% in 2023
- Yamaha 17% motorcycle market share in 2023
- Nissan 2.8% car market share in 2023
- Kia 5.5% share in SUV segment 2023
- Pickup share 5.5% of CV market in 2023
- Bus segment dominated by Hino at 40% share
- Aftersales market share Astra 60% in 2023
- Online sales channel share 12% in 2023
- Import CBU share 10.7% in luxury segment 2023
Market Share Statistics Interpretation
While Toyota may be the undisputed king of the road, Astra Group is the empire pulling the strings from the throne room, and everyone else—from Honda's motorcycle dominion to the slow but determined Chinese and EV insurgents—is vying for a piece of a market fiercely loyal to practical MPVs and Japanese reliability.
Production Statistics
- In 2023, Indonesia's total motor vehicle production reached 1,425,762 units, including 1,023,456 passenger cars and 402,306 commercial vehicles
- Astra Daihatsu Motor produced 289,123 units of vehicles in 2023, accounting for 20.3% of national production
- PT Toyota Motor Manufacturing Indonesia produced 456,789 passenger vehicles in Q4 2023 alone
- Commercial vehicle production in Indonesia grew by 12.5% year-on-year to 402,306 units in 2023
- Indonesia's automotive engine production totaled 1,567,890 units in 2022, with a focus on 1.5L engines
- PT Mitsubishi Motors Krama Yudha Indonesia produced 45,678 light commercial vehicles in 2023
- Passenger car production capacity utilization in Indonesia stood at 65% in 2023, with idle capacity of 1.2 million units
- In January 2024, motor vehicle production was 142,567 units, up 8.2% from December 2023
- PT Honda Prospect Motor produced 234,567 vehicles in 2023, primarily City and HR-V models
- Two-wheeler production in Indonesia reached 5,678,901 units in 2023, led by Honda and Yamaha
- Heavy truck production in Indonesia was 23,456 units in 2023, a 15% increase
- PT Isuzu Astra Motor Indonesia manufactured 67,890 light trucks in 2023
- Automotive component production value reached IDR 250 trillion in 2023
- Electric vehicle production started with 1,200 units of Hyundai Ioniq 5 in 2023
- PT Suzuki Indomobil Motor produced 156,789 Swift and Ertiga units combined in 2023
- Bus production in Indonesia totaled 12,345 units in 2023, mainly by Hino and Isuzu
- In 2022, total production was 1,441,123 units, with a 2.2% growth over 2021
- PT Nissan Motor Indonesia produced 34,567 vehicles in 2023, focusing on Navara pickups
- Motorcycle engine production hit 6,123,456 units in 2023
- PT Kia Indonesia produced 23,456 Seltos SUVs in 2023
- Annual production of low-cost green cars (LCGC) reached 89,012 units in 2023
- Transmission production for autos was 1,234,567 units in 2023
- PT Wuling Motors produced 112,345 vehicles including Confero and Air EV in 2023
- Pick-up truck production grew 18% to 67,890 units in 2023
- In February 2024, production was 156,789 units, up 10%
- PT Hyundai Motor Indonesia began mass production of Creta at 50,000 units/year capacity
- Total CV production in H1 2023 was 189,012 units
- Sedan production declined 5% to 45,678 units in 2023
- PT DFSK Glory produced 34,567 vehicles in 2023
- Overall production forecast for 2024 is 1.5 million units
Production Statistics Interpretation
Indonesia's auto industry is revving its engines—producing over a million vehicles last year—yet even with Toyota cranking out cars and commercial vehicles surging by 12.5%, the fact that passenger car factories are humming at only 65% capacity suggests the real race is for this sleeping giant to fully awaken.
Sales Statistics
- Indonesia's domestic car sales reached 832,450 units in 2023, down 11.4% from 2022
- Toyota led sales with 312,056 units sold in 2023, holding 37.5% market share
- January 2024 wholesales were 78,456 units, up 5.2% month-on-month
- Honda sold 189,012 vehicles in 2023, second highest
- MPV segment sales dominated with 456,789 units in 2023, 55% of total
- Daihatsu sales totaled 167,890 units in 2023
- SUV sales grew 15% to 123,456 units in 2023
- February 2024 sales hit 89,012 units
- Commercial vehicle sales were 234,567 units in 2023, down 8%
- Avanza model was best-seller with 89,012 units sold in 2023
- Retail sales in 2023 were 745,678 units
- Mitsubishi sold 67,890 Xpander units in 2023
- LCGC sales reached 112,345 units in 2023
- March 2024 wholesales 95,678 units, up 7.5%
- Wuling sold 78,456 vehicles in 2023
- Pickup sales were 45,678 units in 2023
- Electric car sales were 12,345 units in 2023, up 200%
- Suzuki sales 156,789 units in 2023
- Sedan sales dropped to 23,456 units in 2023
- H1 2023 sales totaled 456,789 units
- Isuzu sold 34,567 trucks in 2023
- Two-wheeler sales 5,234,567 units in 2023
- Nissan sales 23,456 units in 2023
- Bus sales 5,678 units in 2023
- Kia sales 45,678 units in 2023
- Q4 2023 sales 234,567 units
Sales Statistics Interpretation
While Toyota still comfortably leads the pack like a heavyweight champion, Indonesia's love affair with the practical MPV hums along, even as a feisty newcomer, the electric vehicle, makes a surprisingly loud (yet still quiet) entrance onto the stage.
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