Core Insights - New vehicle sales in Indonesia fell by 15% in September 2025, totaling 62,071 units compared to 73,108 units in September 2024 [1] - The overall vehicle market shrank by over 11% year-on-year in the first nine months of 2025, with light passenger vehicle sales down by 13% and commercial vehicle sales down by 7% [3] - Japanese automakers are facing increased competition from Chinese brands, particularly in the battery electric vehicle (BEV) segment, which saw sales double to 54,593 units in the first nine months of 2025 [5] Market Performance - The Indonesian vehicle market experienced a decline in sales, with a total of 561,819 units sold in the first nine months of 2025, down from 633,660 units in the same period last year [3] - Sales of small passenger cars under the government's 'affordable energy saving car' program dropped significantly by 34% to 89,051 units [4] - Overall vehicle production decreased by 3.4% year-to-date, totaling 854,952 units, although exports of fully-assembled vehicles rose by 11% to 382,374 units [6] Manufacturer Performance - Toyota's sales fell by 13% to 181,817 units, while Daihatsu's sales dropped by 24% to 95,307 units [4] - Other manufacturers also reported declines: Mitsubishi down 10% to 48,944 units, Honda down 33% to 46,623 units, and Suzuki down 10% to 44,253 units [4] - The presence of Chinese brands, such as BYD and its Denza brand, has significantly impacted the market, with BYD accounting for 26,852 units sold [5]