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.

  • We are a global leader in partnering with companies to transform and manage their business by harnessing the power of technology.
  • Currently, this electric motorcycle is in massive production to produce 50 thousand units and will be in the marketplace in 2018.
  • Domestically, GAIKINDO facilitates its members’ interests in relation with the Government’s policies regarding the automotive industry.
  • Toyota holds a 16.7% stake in Subaru Corporation, parent company of Subaru.

Our 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 profitability and future-proof their sales and aftersales operations. It’s time to embrace the ecosystem and collaborate beyond industry lines to find new ways of innovating and partnering for success. Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile.

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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.

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