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Automobile Information

Lastly, the weak rupiah (which had been weakening since mid-2013 amid the US taper tantrum) made imports more expensive. Given that many automobile components still need to be imported hence raising manufacturing costs for Indonesian automotive producers, price tags on cars turned dearer. However, due to fierce competition in the home car market not all the time have manufacturers and retailers been in a position to pass these costs on to end-users. The LCGC has turn into a very fashionable vehicle in Indonesia and now contributes practically 25 p.c to whole domestic automobile sales. Considering the nation’s per capita GDP …