Automotive News
The government set several terms and conditions for the manufacturing of LCGCs. For example, fuel consumption is required to be set at least 20 kilometers per liter while the car must consist – for 85 percent – of locally manufactured components . In exchange, the LCGCs are exempted from luxury goods tax, which allows manufacturers and retailers to set cheaper prices. Electric starter, a significant innovation in promoting the acceptability of the gasoline-powered automobile.
- Bespoke HPC / CAE / CAT IT Services & Platforms to accelerate product engineering and validation.
- There was only one non-Japanese car brand among the best-selling