Automotive Information
Lastly, the weak rupiah (which had been weakening since mid-2013 amid the US taper tantrum) made imports costlier. Given that many automobile parts nonetheless have to be imported therefore raising manufacturing costs for Indonesian car producers, value tags on automobiles became costlier. However, due to fierce competitors within the domestic automobile market not all the time have producers and retailers been capable of cross these costs on to end-users. The LCGC has turn into a very popular car in Indonesia and now contributes practically 25 % to complete domestic automotive gross sales. Considering the nation's…