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• The Automotive News mission is to be the primary source of industry news, data and understanding for the industry’s decision-makers interested in North America.
• Propose national standard concept to the government regarding performance, safety, amenities, stability, and road properness for Indonesian vehicles.
• Two years later, Indonesian automotive industry managed to penetrate Australian market, marking a significant step toward the revival of Indonesian automotive products that adhere to international quality requirements.
• Steinbach said that the authorities would like to drill for more water there and outsource any additional supply if necessary.

On the long-term, the government wants to turn Indonesia into an independent car manufacturing country that delivers completely built units of which all components are locally-manufactured in Indonesia. In terms of market size, Indonesia is the biggest car market in Southeast Asia and ASEAN. Indonesia accounts for about one-third of total annual car sales in ASEAN, followed by Thailand on second position. Indonesia not only has a large population but is also characterized by having a rapidly expanding middle class. Indonesia is the second-largest car manufacturing nation in Southeast Asia and the ASEAN region . However, due to robust growth in recent years, Indonesia is expected to somewhat limit the gap with Thailand’s dominant position over the next decade.

Accenture to acquire ESR Labs to help automotive companies drive greater value from software

He added that it has now become difficult to find large-sized land for new factories due to the influx of many businesses over the past years. Currently, this electric motorcycle is in the massive production to produce 50 thousand units and will be in the marketplace in 2018. Some of them are booked by several agencies such as PT Telkom and the governor of Bali. Provide training, consultation, and service for the production process for small and medium enterprises to improve the quality and to accelerate their production rate. FAW Group has a joint venture with Toyota called Sichuan FAW Toyota Motor and both companies also have another joint venture called Ranz.

Automotive industry

Per 18 June 2015, those Indonesian consumers who use a loan from a financial institution to purchase a passenger car need to pay a minimum down payment of 25 percent . It is estimated that around 65 percent of all car purchases in Indonesia are made through a loan. This correlation between domestic car sales and economic growth is clearly visible in the case of Indonesia.

To that end, the W3C Automotive working group is specifying a common data model for vehicle signals. In order to accelerate applications in vehicle environments, W3C launched the Automotive Working Group. The team completed an initial specification and is actively working on the next generation. The transportation ecosystem can benefit by building a Web of Data to unleash this potential. We will be present at Mondial de l’Auto, one of the largest automotive shows in the world, from 17 to 23 October, 2022.

Aseem oversees research, development, and forecasting efforts as a part of the global Connected Car & Vehicle Experience team at IHS Markit. Supply chain disruptions will continue to roil the global economy in 2022, with new challenges for companies and adding to inflation — now a hot-button political issue. About Us IHS Markit is the leading source of information and insight in critical areas that shape today’s business landscape. Customers around the world rely on us to address strategic and operational challenges. Experts A global team of industry-recognized experts contributes incisive and thought-provoking analysis. Find the solutions you need by accessing our extensive portfolio of information, analytics and expertise.