Auto financing in the country has also witnessed an all time high with a monthly increase of Rs 12 billion during the month of March 2021.
This increase in car financing can be attributed to a decrease in interest rates to 7 percent in March 2021 as compared to 13.5 in the same month last year.
Indonesia's gross domestic product contracted for the first time since the 1998 Asian financial crisis last year, by 2.07% with household consumption and investment declining.
For now, analysts say automakers are still a long way from a true Level 4 system, in which a car is considered to no longer have a driver, just passengers.