Indonesia automotive industry outlook 2018 pdfThe automotive sector of Indonesia has turn into an important pillar of the country’s manufacturing sector as a lot of of the world’s nicely-identified vehicle corporations have (re)opened manufacturing plants or expanded production capacity in Southeast Asia’s largest economy. These automobiles have a maximum engine capacity of 1,200 cubic centimeters, and are designed to use high-octane gasoline. The principal players in Indonesia’s LCGC business are five well-known Japanese producers: Toyota, Daihatsu, Honda, Suzuki and Nissan. A variety of LCGC models have been released given that late-2013 (such as the Astra Toyota Agya, Astra Daihatsu Ayla, Suzuki Karimun Wagon R, and Honda Brio Satya).
Indonesian sales slipped a fifth consecutive month this January, dropping 9% from a year earlier to 94,194 cars. Seven of the 10 marketplace leaders, such as Toyota and Suzuki, suffered double-digit declines. The economy is stagnating, auto loan interest prices remain higher, …
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