Considering the nation’s per capita GDP continues to be under USD $4,000, affordability is generally crucial issue for Indonesian consumers when buying a automobile, and this is ready to clarify customers’ shift to the LCGC. For example, city automotive sales in Indonesia have plunged dramatically because the launch of the LCGC. Also the multipurpose vehicle , which – by far – is the most popular automobile in Indonesia, felt the impression of the arrival of the LCGC. But the MPV’s dominant position in the nation’s automotive sector will persist.
Due to the better monetary policy and the top of the economic slowdown in 2016 (GDP development accelerated to 5.02 % y/y), Indonesian car sales finally rebounded in 2016. Jongkie Sugiarto, Chairman of the Indonesian Automotive Industry Association , said the region east of Jakarta is chosen by many automotive producers for his or her manufacturing base since a decade ago …