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automotive-industry

Markets 11 months ago

PREMIUM
Japanese carmakers look elsewhere, as RI bioethanol lags behind

Japanese car brands contributed to almost 90 percent of wholesale in Indonesia throughout 2024 and a large part of those sales are fueled with gasoline, which can be mixed with bioethanol.

Economy 11 months ago

PREMIUM
Govt cool on business calls for consumer spending stimulus

Industry leaders have urged authorities to boost consumer spending aggressively in response to what they describe as a demand-side crisis reminiscent of the COVID-19 era, but officials say current policies are sufficient to maintain economic activity in the country.

Companies 11 months ago

Toyota cites tariffs as it forecasts 35 profit net profit drop

Japanese auto giant Toyota forecast on Thursday a 35 percent year-on-year drop in net profit for the current financial year, citing United States President Donald Trump's vehicle tariffs, among other factors.

Companies 11 months ago

Trump to reduce impact of auto tariffs, Commerce secretary says

President Donald Trump's administration will move to reduce the impact of his automotive tariffs on Tuesday by alleviating some duties imposed on foreign parts in domestically manufactured cars and keeping tariffs on cars made abroad from piling on top of other ones, officials said.