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View all search resultsautomotive-industry
Regulations 7 months ago
PREMIUM
RI faces rough road in phasing out EV imports at turn of year
The government has said it will not renew the incentive scheme, which since 2024 has allowed automakers to import completely built-up (CBU) EVs without paying import duties, luxury tax or value-added tax (VAT).
Economy 8 months ago
PREMIUM
Major auto show GIIAS ends with larger crowds but slower sales
Auto dealers have been grappling with fiercer competition, especially in the electric vehicle segment, where a wave of new models, many from Chinese manufacturers, has entered the market with aggressively low pricing.
Regulations 8 months ago
PREMIUM
Extension of small car incentive ‘contradicts’ electrification push
Industry observers and experts say that, while the decision to extend the LCGC program to 2031 could help in the short term, the government needs to come up with a road map to secure the country’s electrification push for the long term.
Economy 9 months ago
PREMIUM
Car sales tumble in first half of 2025 as consumers rein in spending
Recovery continued to elude the four-wheel vehicle market in the January-June period amid ongoing weak consumer demand, with local multi-finance companies, which typically rely on car loans, posted modest year-on-year growth of 2.8 percent in May.
Markets 10 months ago
PREMIUM
Auto sales remain weak in May as demand softens
Automakers are hoping for an uptick in sales from the upcoming GIIAS as both factory shipments and retail sales remained weak in May, declining by double digits year-on-year as slowing economic growth continued to weigh on demand.
Markets 10 months ago
Trump says China's Xi agreed to let rare earth minerals flow to US
US President Donald Trump said on Friday that Chinese President Xi Jinping agreed to let rare earth minerals and magnets flow to the United States, a move that could lower tensions between the world's biggest economies.
Companies 10 months ago
PREMIUM
Car Sales Stagnation in Indonesia
The government must develop a more balanced approach to fulfill Indonesia's potential in the automotive industry. The government can implement policies such as lowering taxes on all types of cars, making financing more accessible and supporting economic growth to bolster the industry.
