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 […]
Continue ReadingThis will require a sophisticated degree of scenario planning and agility to identify and scale new attractive business models. In 2030, the share of electrified vehicles could range from 10 percent to 50 percent of new-vehicle sales. Adoption rates will be highest in developed dense cities with strict emission regulations and consumer incentives . It […]
Continue ReadingThe move reflects growing demand from rental-car companies for green vehicles that can appeal to both customers and investors. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. With active participation from the automotive industry, W3C is working to […]
Continue ReadingGeely Holding Group holds an 8.3% stake and a 15.9% exercisable voting rights in Volvo. Geely Automobile holds a 49.9% stake in PROTON Holdings and a 51% stake in Lotus Cars. Dongfeng Motor holds a 12.23% stake and a 19.94% exercisable voting rights in PSA Groupe. Please help update this article to reflect recent events […]
Continue ReadingOur 2021 Sustainability Report details our efforts concerning environmental, social and governance initiatives. Accenture, Faurecia and Affectiva are collaborating to innovate driver safety and in-car infotainment for occupants. Five-year agreement involves the creation of a global digital hubs network to support CNH Industrial in enhancing its digital capabilities. By acting now, traditional automakers can protect […]
Continue ReadingWe are a global leader in partnering with companies to transform and manage their business by harnessing the power of technology. Participation in the standards development process provides the opportunity to voice your ideas, express concerns and present technologies. SAE’s broad array of technical, historical, and statistical publications are distributed to customers in more than […]
Continue ReadingIn megacities such as London, for example, car ownership is already becoming a burden for many, due to congestion fees, a lack of parking, traffic jams, et cetera. 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. Moreover, […]
Continue ReadingThey are certainly not deterministic in nature but should help industry players better prepare for the uncertainty by discussing potential future states. Russell Hensley, partner and coleader at the McKinsey Center for Future Mobility, sat down with Clare Jones at the M30 Summit to discuss the future of mobility. The 125th anniversary of the little […]
Continue ReadingWe have great ideas based on decades of experience and materials solutions that were pioneered by our innovation. Our global and regional customers count on us for unmatched quality, unique insights and reliability. Trailing only Thailand, Indonesia has become the second largest producer of motor vehicles within the ASEAN region. Low labor costs and a […]
Continue ReadingOther issues that limit car exports are concerns about safety standards and technology. When these LCGC cars were introduced they, generally, had a price tag of around IDR 100 million (approx. USD $7,500) hence being attractive for the country’s large and expanding middle class segment. By early the average price of the LCGC had risen […]
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