Automotive News
In terms of market measurement, Indonesia is the biggest car market in Southeast Asia and ASEAN. Indonesia accounts for about one-third of total annual automotive sales in ASEAN, followed by Thailand on second position. Indonesia not only has a big population but can additionally be characterised by having a quickly increasing middle class. The central financial institution of Indonesia decided to revise the down cost necessities for the purchase of a automotive in an attempt to spice up credit development .
Jongkie Sugiarto, Chairman of the Indonesian Automotive Industry Association , stated the area east of Jakarta is …