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automotive-industry

March car sales skid despite festive season, holiday bonuses
Markets 10 months ago

PREMIUM
March car sales skid despite festive season, holiday bonuses

Earlier this year, Industry Minister Agus Gumiwang Kartasasmita floated a proposal urging car manufacturers to lower new vehicle prices in a bid to reignite demand. 
Is Indonesia ready to adopt lower fuel emission standards?
Academia 10 months ago

PREMIUM
Is Indonesia ready to adopt lower fuel emission standards?

When compared to automotive industry standards in various countries, Indonesia remains behind in adopting Euro standards.
Electric motorbike sales decline by 70 percent as subsidy stalls
Markets 11 months ago

PREMIUM
Electric motorbike sales decline by 70 percent as subsidy stalls

Unless the subsidy program for electric motorcycles is renewed, the industry will see sales drop in 2025.
Trump says US auto tariffs to be around 25%
Economy 1 year ago

Trump says US auto tariffs to be around 25%

US President Donald Trump expanded his offensive against trading partners on Tuesday, threatening 25 percent tariffs on imported cars, and similar or higher duties on pharmaceuticals and semiconductors.
Must ‘find ways to reignite interest’ in buying cars, minister says
Economy 1 year ago

PREMIUM
Must ‘find ways to reignite interest’ in buying cars, minister says

Last year's decline marked the second consecutive annual drop in car sales since the 2022 peak.
Toyota announces Lexus EV plant in Shanghai
Companies 1 year ago

Toyota announces Lexus EV plant in Shanghai

Japan's Toyota said Wednesday it will build an electric vehicle plant in Shanghai for its luxury Lexus brand as it raised its annual net profit forecast to almost US$30 billion.
Honda shares jump on reports it wants Nissan as subsidiary
Companies 1 year ago

Honda shares jump on reports it wants Nissan as subsidiary

Honda shares surged on Wednesday as Japanese media said the automaker had proposed making its struggling rival Nissan a subsidiary -- with some reports saying the move could spell the end of their merger talks.
Car sales plunge. So what?
Editorial 1 year ago

Car sales plunge. So what?

Car sales have been plummeting in Indonesia lately, but maybe that is not all bad news.
Car sales plunge 14 percent in 2024 as EVs gain ground
Economy 1 year ago

PREMIUM
Car sales plunge 14 percent in 2024 as EVs gain ground

Electric vehicle (EV) sales have more than doubled and now make up 5 percent of the market as sales of gasoline-powered cars plunge.
Honda, Nissan set to announce launch of integration talks, sources say
Companies 1 year ago

Honda, Nissan set to announce launch of integration talks, sources say

Honda and Nissan are expected on Monday to announce the start of business integration talks, two people familiar with the matter told Reuters, as the carmakers strive to survive a rapidly changing industry landscape.
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