76% of automotive organizations consider it important to enable a digitally connected supply chain to avoid supply disruptions – but only 17% are able to do so. 79% of automotive organizations consider it important to collect and analyze vehicle data in order to predict outcomes for design, service, safety, and operations – but only 20% […]
Continue ReadingThe LCGC has become a very popular vehicle in Indonesia and now contributes nearly 25 percent to total domestic car sales. Considering the nation’s per capita GDP is still below USD $4,000, affordability is generally the most important factor for Indonesian consumers when buying a car, and this would explain consumers’ shift to the LCGC. […]
Continue ReadingBetween the years 2007 and 2012, the Indonesian economy grew at least 6.0 percent per year, with the exception of 2009 when GDP growth was dragged down by the global financial crisis. In the same period, Indonesian car sales climbed rapidly, but also with the exception of 2009 when a steep decline in car sales […]
Continue ReadingThe 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 […]
Continue ReadingFAW Group has a joint venture with Volkswagen Group called FAW-Volkswagen. Dongfeng Motor has a joint venture with AB Volvo called Dongfeng Nissan-Diesel. Toyota holds a 16.7% stake in Subaru Corporation, parent company of Subaru. These were the 15 largest manufacturers by production volume in 2017, according to OICA. In 2022, Tesla’s Gigafactory Berlin-Brandenburg ran […]
Continue ReadingRegulation and consumer acceptance may represent additional hurdles for autonomous vehicles. However, once these challenges are addressed, autonomous vehicles will offer tremendous value for consumers . Changing consumer preferences, tightening regulation, and technological breakthroughs add up to a fundamental shift in individual mobility behavior. AVL’s Stefan Pfragner and Christian Juwan present findings from their BMW […]
Continue ReadingPower study, emerging markets accounted for 51 percent of the global light-vehicle sales in 2010. However, more recent reports confirmed the opposite; namely that the automotive industry was slowing down even in BRIC countries. In the United States, vehicle sales peaked in 2000, at 17.8 million units. We create intelligent sensing and power solutions to […]
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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