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Carro is reportedly betting more on new cars in Indonesia

Tech in Asia reports that used-car supply fell 24% in January–May 2026, while new-car sales rose 10.5% in the first half.

TI
1 Source, 41m ago, first seen 41m ago

TLDR

Tech in Asia reports that Carro, known for used cars, is increasingly betting on new cars in Indonesia ahead of an IPO. It says used-car supply fell 24% in January–May 2026, while new-car sales rose 10.5% in the first half. The outlet puts EV share at 26% and says Chinese brands dominate the top five, with Chinese EVs putting pressure on prices.

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1 Source, first seen 41m ago

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1 Source, first seen 41m ago

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1 Source

@techinasiaCarro built its name on used cars. In Indonesia, it’s increasingly betting on new ones. Used-car supply fell 24% in Jan–May 2026, while new-car sales rose 10.5% in H1. EV share hit 26%, with Chinese brands dominating the top five. More: https://buff.ly/EPTQORj
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    1 Source

    @techinasiaCarro built its name on used cars. In Indonesia, it’s increasingly betting on new ones. Used-car supply fell 24% in Jan–May 2026, while new-car sales rose 10.5% in H1. EV share hit 26%, with Chinese brands dominating the top five. More: https://buff.ly/EPTQORj
    Today's Rank

    #18

    Today's Rank

    #18