This is a true missed opportunity in terms of export performance as a outcome of about 80 p.c of the world’s drivers use a sedan automobile. The key reason why Indonesia has not developed a sedan trade is because the government’s tax system doesn’t encourage the manufacturing and export of the sedan car. The luxury items tax on the sedan is 30 percent, whereas the tax on the MPV is ready at 10 p.c. This causes the excessive sedan value and so as to encourage demand for the sedan its worth needs to turn out to be more competitive.
- The French automobile maker may also pair up with China’s Geely in a combustion-engine venture.
- Synopsys is a leading provider of high-quality, silicon-proven semiconductor IP solutions for SoC designs.
- Indonesia is the second-largest car manufacturing nation in Southeast Asia and the ASEAN area .
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