Key insights and market outlook
The Indonesian commercial vehicle market remains under pressure in 2025, with Mitsubishi Fuso sales declining 9.9% year-on-year during January-October 2025 according to Gaikindo. Industry experts warn that challenging conditions may persist into 2026 unless significant structural changes occur. PT Krama Yudha Tiga Berlian Motors' Sales & Marketing Director, Aji Jaya, noted that without substantial changes, market conditions will likely remain tough.
The Indonesian commercial vehicle market remains under significant pressure in 2025, with major players experiencing substantial sales declines. According to data from Gabungan Industri Kendaraan Bermotor Indonesia (Gaikindo), Mitsubishi Fuso sales dropped 9.9% year-on-year during the January-October 2025 period. This decline mirrors the overall weakness in the commercial vehicle segment.
Aji Jaya, Sales & Marketing Director at PT Krama Yudha Tiga Berlian Motors (KTB), the distributor of Mitsubishi Fuso in Indonesia, expressed concerns that the challenging market conditions could persist into 2026. During an interview in Surabaya, East Java, Aji emphasized that without significant structural changes in the industry, the market would likely continue to face difficulties. "Some sectors won't change unless there's a significant transformation. The conditions will remain challenging," Aji stated.
The commercial vehicle market in Indonesia has been affected by various factors contributing to its current weak state. Industry stakeholders are now looking towards potential structural reforms that could help revitalize the sector. The coming year will be crucial in determining whether the market can recover or if the challenges will persist.
Commercial Vehicle Sales Decline
Market Pressure Persistence