The U.S. auto maker is requiring dealers who want to sell its electric models to ditch the haggling and invest in chargers. The auto maker is seeking meetings with investors and environmental groups that have questioned its commitment to greener cars. The full-size SUV is part of the company’s strategy to transition to all-electric platforms on an accelerated timeline. The comments by Akio Toyoda come as Toyota faces pressure to show it isn’t falling behind in the industry’s electric-vehicle race.
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- By acting now, traditional automakers can protect profitability and future-proof their sales and aftersales operations.
- Attracted by low per capita-car ownership, low labor costs and a rapidly expanding middle class, various global car-makers decided to invest heavily to expand production capacity in Indonesia and may make it their future production hub.
Explore our insights, backed by proprietary research, to help make sense of this time. Deloitte Insights Deloitte City Mobility Index 2020 What does smart urban mobility look like, city-by-city? Learn the steps that cities can take to realize the future of mobility in the coming decades. Perspectives Understanding COVID-19’s impact on the automotive sector Explore key questions and practical next steps for automotive leaders to respond to the COVID-19 crisis.
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In this area in West Java various big global car-makers invested in industrial estates as well as car and component manufacturing plants. Therefore, it has become the production base of Indonesia’s automotive sector and can be labelled the “Detroit of Indonesia”. Moreover, Indonesia experienced a remarkable transition as it evolved from being a merely export oriented car production center into a major car sales market due to rising per capita GDP. Safety in the automotive industry is particularly important and therefore highly regulated. Automobiles and other motor vehicles have to comply with a certain number of regulations, whether local or international, in order to be accepted on the market. The standard ISO 26262, is considered one of the best practice frameworks for achieving automotive functional safety.
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The MPV is known as “the people carrier” because this vehicle is bigger and taller than other cars . Indonesians enjoy taking trips with the family (and/or invite some friends) and therefore a big car is required. When gross domestic product growth boosts people’s purchasing power while consumer confidence is strong, people are willing to buy a car. However, in times of economic uncertainty (slowing economic expansion and reduced optimism – or pessimism – about future personal financial situations) people tend to postpone the purchase of relatively expensive items such as a car.