CNAF Maintains Optimism on New Car Financing Growth

Market Dynamics and Growth Prospects

PT CIMB Niaga Auto Finance (CNAF), a major player in Indonesia's automotive financing sector, remains positive about the growth prospects of the new car financing segment in 2026. Despite the ongoing challenges in the national automotive market, CNAF's President Director, Ristiawan Suherman, expressed confidence in the segment's potential. The company is closely monitoring market developments as the Indonesian Motor Vehicle Industry Association (Gaikindo) has not set vehicle sales targets for the year.

Strategic Monitoring and Adaptation

CNAF is adopting a cautious yet proactive approach by continuously observing market dynamics. This strategy allows the company to adapt quickly to changing conditions while capitalizing on emerging opportunities in the new car financing segment. The absence of official sales targets from Gaikindo adds to the market uncertainty, but CNAF believes there are still growth avenues to explore.

Market Context and Future Outlook

The Indonesian automotive market has been experiencing pressure due to various economic factors. However, CNAF's assessment suggests that the new car segment continues to hold potential for growth. The company's optimism is based on its understanding of market trends and consumer behavior. As the automotive financing landscape evolves, CNAF is well-positioned to navigate challenges and seize opportunities.