Meanwhile, in the developed countries, the automotive industry has slowed. It is also expected that this trend will continue, especially as the younger generations of people no longer want to own a car anymore, and prefer other modes of transport. Other potentially powerful automotive markets are Iran and Indonesia.Emerging automobile markets already buy more cars than established markets.
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- BMW owns a 50% stake, Brilliance owns a 40.5% stake, and the Shenyang municipal government owns a 9.5% stake.
- By contrast, in rural areas such as the state of Iowa in the United States, private-car usage will remain the preferred means of transport by far.
- Digital customer experience offers a competitive edge in a changing market.
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Volkswagen: Sustainability drives market cap
Chery has a joint venture with Jaguar Land Rover called Chery Jaguar Land Rover, both companies hold a 50-50% stake. Beijing Automotive Group also has a joint venture with Hyundai called Beijing Hyundai, both companies hold a 50-50% stake. Get 24/7 access to in-depth, authoritative coverage of the auto industry from a global team of reporters and editors covering the news that’s vital to your business. For smooth operations, SAP E-Mobility has exactly the right range of functions without losing sight of the user experience. The detailed API documentation gives us and our customers the possibility to create tailor-made solutions.
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The Association of Indonesia Automotive Industries is a non-profit organisation. All members of GAIKINDO are companies of brand-holder agents that comprise producers, distributors, and manufacturers. The most important key figures provide you with a compact summary of the topic of “Automotive Industry in Indonesia” and take you straight to the corresponding statistics. Statista assumes no liability for the information given being complete or correct.
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