Automotive
Automotive
Currently, Indonesia is primarily depending on international direct investment, significantly from Japan, for the establishment of onshore automotive manufacturing services. The country also must develop car part industries that support the automobile manufacturing industry. Meanwhile, the premium automotive market in Indonesia is definitely rather small. Only about 1 percent of whole automotive sales in Indonesia involve premium brands similar to Mercedes-Benz and BMW. The government set several terms and circumstances for the manufacturing of LCGCs. For example, fuel consumption is required to be set at least 20 kilometers per liter whereas the automotive should consist – for 85 %…