Automotive Industry Solutions, Software, and Technology
For example, city car sales in Indonesia have plunged dramatically since the launch of the LCGC. Also the multipurpose vehicle , which – by far – is the most popular vehicle in Indonesia, felt the impact of the arrival of the LCGC. But the MPV’s dominant role in the nation’s automotive sector will persist. 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. Moreover, these subsidized fuel price reforms also caused accelerated inflation due to second-round effects (hence curbing Indonesians’ purchasing power further) as prices of various products rose due to higher transportation costs.
- However, more recent reports confirmed the opposite; namely that the automotive industry was slowing down even in BRIC countries.
- The new Charger