Monthly snapshot: YTD sales are within estimates

Monthly snapshot
Analyst: Alditya Galih Ramadhan

YTD sales are within estimates
• MoM 4W improved, but ASII’s sales dipped
• BEV updates: 2WEV and battery-making facility
• Concern over subsidized gasoline restriction
• Neutral on sector – Re-iterate BUY on AUTO and ASII