KONTAN.CO.ID - JAKARTA. PT CIMB Niaga Auto Finance (CNAF) recorded new financing disbursement of IDR 1.97 trillion for four-wheeled vehicles as of April 2026. This financing covers both new and used vehicles.

CNAF President Director Ristiawan Suherman stated that, amidst the economic challenges still looming over the automotive industry, motor vehicle financing remains a major contributor to the growth of the multifinance industry.

However, Ristiawan believes that the growth rate of vehicle financing this year has the potential to be more moderate. One factor of concern is the weakening rupiah exchange rate, which could impact demand for vehicle financing.

"The short-term weakening of the rupiah has the potential to impact the financing industry, particularly on demand for vehicle financing, which may experience a slowdown," he told Kontan on Tuesday (June 2, 2026).

He stated that rising vehicle prices due to the weakening rupiah also have the potential to suppress financing demand. This situation could increase the risk of financing quality if customer repayment capacity is also affected.

As we enter the remainder of 2026, CNAF believes the automotive industry will still face various challenges and economic pressures. However, the company continues to see opportunities for moderate growth in vehicle financing, in line with the expectation of improving consumer purchasing power.

To maintain quality growth, CNAF is implementing a more prudent business strategy, focusing on customer segments and profiles with good repayment capacity. The company is also strengthening regular monitoring of its financing portfolio to anticipate future financing risks.

"These efforts are being made to ensure healthy and sustainable business growth amidst the current economic challenges," he continued.