Lastly, the weak rupiah (which had been weakening since mid-2013 amid the US taper tantrum) made imports dearer. Given that many car elements still have to be imported hence raising production costs for Indonesian car producers, value tags on cars became costlier. However, as a result of fierce competition in the domestic car market not … Read more
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Jongkie Sugiarto, Chairman of the Indonesian Automotive Industry Association , mentioned the region east of Jakarta is chosen by many automotive producers for their production base since a decade in the past as the area’s infrastructure is sweet . He added that it has now become difficult to seek out large-sized land for new factories … Read more
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