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Car sales in June 2023 totaled 64,440 units, a decrease of 1.04% Compared to the previous month and decreased by 5.16% compared to the same period last year. The factors contributing to the decline in car sales are due to the stricter financial institutions in approving loans, stemming from household debt reaching 90.6% of the country's GDP. Overall from January - June 2023, car sales were 406,131 units, a decrease of 4.95% from the same period in 2022.
Overview from January - June 2023: Car sales reached 406,131 units, a decrease of 4.95% compared to the same period in 2022.
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