Jakarta: Indonesia Automotive Industries Association (Gaikindo) official Rizwan Alamsjah has hinted that the next Gaikindo Indonesia International Auto Show (GIIAS) will take place in August 2020.
This year's GIIAS was held at Indonesia Convention Exhibition (ICE), Tangerang, Banten from July 18 until July 28. This year's event showcased 33 new cars and seven concept cars.
This year, dozens of car brands participated in the automotive exhibition. According to reports, some of the car brands were Audi, BMW, Daihatsu, Datsun, DFSK, Honda, Hyundai, JEEP, DFSK, Lexus, Mazda, Mercedes-Benz, MINI, Mitsubishi Motors, Nissan, Suzuki, Renault, Toyota, VW, dan Wuling, Isuzu LCV.
"The next GIIAS will be held at the same venue. It will take place from August 1 until August 16. We will prepare a lot of surprises," Rizwan said.
"GIIAS has attracted more than 400 thousand visitors as of Saturday evening. GIIAS doesn't have any target. We just focus on providing convenience and comfort," he added.
According to Bank Indonesia (BI), the country has maintained relatively stable economic growth in the second quarter of 2019 compared with conditions in the previous period.
Private consumption remains solid, backed by maintained consumer confidence. Furthermore, building investment continues to expand at a stable pace. Meanwhile, exports from Indonesia are expected to contract on subdued global demand and lower commodity prices stemming from the ongoing trade dispute, although steel exports increased in June 2019.
The impact of simmering trade tensions on lower exports has been felt in a number of countries. In Indonesia, the export contraction has impeded imports and undermined nonbuilding investment. Moving forward, efforts to stimulate domestic demand, including investment, are required in order to mitigate the adverse impact of global economic moderation.
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