Tag: Automotive Industry
Malaysia: Treelektrik Supply 200,000 E-bikes to Indonesia
JAKARTA (TheInsiderStories) - Tree Technologies Sdn Bhd (Treelektrik), a Malaysian home-grown electric vehicles, has signed a partnership to supply 200,000 units of electric motorbikes (e-bikes) to...
Indonesia Gives Another Tax Incentives for Car Producer
JAKARTA (TheInsiderStories) - Indonesian government provided another luxury goods tax for cars with cylinder capacities more than 1,500 cc to 2,500 cc, finance ministry announced on...
Indonesia Gives a Relaxation for Automotive Industry
JAKARTA (TheInsiderStories) - In an effort to recover the economy, Indonesia gave a relaxation to the automotive industry, said the senior economic minister on Thursday (02/11)....
Indomobil Completes the Acquisition of 75% Nissan Distributor Shares
JAKARTA (TheInsiderStories) - Unit of PT Indomobil Sukses Internasional Tbk (IDX: IMAS), PT IMG Sejahtera Langgeng, has completed the acquisition of 75 percent shares of PT...
South Korea’s Hyundai Aims to Build High Technology Car Factory in...
JAKARTA (TheInsiderStories) - South Korea' Hyundai Motor Group top management met with Indonesian President Joko Widodo at the Merdeka Palace, Jakarta today (07/25) to inform the...
Korean Automotive Company Invests US$2.83B in Indonesia
JAKARTA (TheInsiderStories) - The Korean automotive company, Hyundai Motor Company (HMC) will realize an investment in Indonesia around US$2.83 billion (Rp40 trillion). It was...
Indonesia Wants to Become Manufacturing Hub in ASEAN
JAKARTA (TheInsiderStories) - Indonesia targeting to become a manufacturing hub in Southeast Asian (ASEAN) region with several industrial sectors that have deep structures, ranging from...
Indonesia Sees Car Exports to Rise 15.6% in 2019
JAKARTA (TheInsiderStories) – Indonesian government aiming to export 400,000 units car in this year. The number higher 15.6 percent compared to the 2018 with...
Honda Motor Targets Exports US$1.8B from Indonesia in 2021
JAKARTA (TheInsiderStories) – One of the car maker in Indonesia, PT Honda Prospect Motor (HPM) eyes export with worth of US$1.8 billion in 2021, said...
Insight: Measuring the Potential of Indonesian Automotive Industry
JAKARTA (TheInsiderStories) – Indonesian government’s steps in easing automotive export procedures is expected to speed up the growth of the industry. By the procedure...
