Calls for incentives to revive sluggish market

Target unchanged: A model stands next to an EV from BYD at an international auto show in Tangerang, Indonesia. From January through August, Indonesia’s car sales reached 500,951 units, down 10.6% from 560,552 in the same period last year. — AP

JAKARTA: The Indonesian Automotive Industry Association (Gaikindo) has called on the government to issue short-term incentives to revive a market that remains sluggish.

“Perhaps we should expect short to medium-term incentives, for two to three years, so that sales can recover quickly,” Gaikindo secretary general Kukuh Kumara said at the Bisnis Indonesia Forum.