INSIDER REGULATION: Indonesia to issue low cost green car regulation 

(Insider Stories) — The Indonesian government in two weeks will issue a regulation that exempts car manufacturers of value-added tax on low-cost green cars Industry Minister MS Hidayat said Friday.

PT Toyota Astra Motor (TAM) and PT Astra Daihatsu Motor will produce 5,000 – 6,000 LCGC’s a year.

National auto-industry association Gaikindo predicts that with the incentive, national sales will reach around 1.2 million units.