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automotive

Astra aims to launch more EVs in the next 2 years
Companies 1 year ago

PREMIUM
Astra aims to launch more EVs in the next 2 years

The plan would mark a shift in the company’s automobile focus, as it primarily relies on internal combustion engine (ICE) and hybrid vehicle sales.
Tesla cuts prices nearly $2,000 in China, in line with US cuts
Companies 1 year ago

Tesla cuts prices nearly $2,000 in China, in line with US cuts

Tesla has cut prices by nearly $2,000 across its models in China, after price cuts in the United States, as it grapples with falling sales and an intensifying price war for electric vehicles (EVs), especially against cheaper Chinese EVs.
VinFast’s take on EV ownership: A worry-free future via innovative battery subscriptions
Economy 1 year ago

VinFast’s take on EV ownership: A worry-free future via innovative battery subscriptions

VinFast, a new player in the Indonesian automotive industry, is set to introduce a novel program that could potentially reshape the consumer behavior of electric vehicle (EV) owners.
Used cars, two-wheelers buoy automotive market
Markets 2 years ago

PREMIUM
Used cars, two-wheelers buoy automotive market

Analysts project new car sales to bounce back this year, along with the rise of electric vehicles, which continue to gain popularity in the country.
Indonesia relaxes tax rules on EV imports to attract investment
Regulations 2 years ago

Indonesia relaxes tax rules on EV imports to attract investment

Indonesia will grant automakers that plan to build electric vehicle plants tax incentives on their imports of completely built-up EVs until 2025, a new presidential regulation showed as Jakarta seeks to attract more investment.
Korean, Chinese carmakers chip away at Japanese dominance in RI market
Companies 2 years ago

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Korean, Chinese carmakers chip away at Japanese dominance in RI market

Japanese giants such as Toyota and Suzuki have responded by introducing hybrid versions of their popular cars, a move that has been fruitful so far.
MG to start manufacturing EVs at Rp 4t plant in W. Java in February
Companies 2 years ago

PREMIUM
MG to start manufacturing EVs at Rp 4t plant in W. Java in February

Currently, all MG cars sold in Indonesia are completely built-up (CBU) vehicles from the firm’s manufacturing plants in Thailand and China.
National car sales lag last year’s record: Gaikindo
Markets 2 years ago

PREMIUM
National car sales lag last year’s record: Gaikindo

The latest data from Gaikindo reveal that this year’s national car sales remain significantly behind the 2022 record, reaching 836,049 as of October.
Ford, UAW reach tentative deal to end strike including record pay raise
Americas 2 years ago

Ford, UAW reach tentative deal to end strike including record pay raise

The proposed accord, which UAW's leadership must still approve, provides a 25% wage hike over the 4-1/2-year contract, starting with an initial increase of 11%.
Tesla to recall nearly 55,000 Model X vehicles, auto regulator says
Companies 2 years ago

Tesla to recall nearly 55,000 Model X vehicles, auto regulator says

Tesla has released an over-the-air (OTA) software update, free of charge, to fix the issue, the National Highway and Traffic Safety Administration (NHSTA) said.
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