So far this year (January-October 2017), a complete of 898,218 cars have been offered in Indonesia, the biggest car market in Southeast Asia. The figure is just a modest 2.5 percent (y/y) increase from the nation’s automotive sales determine in the same interval one 12 months earlier, hence Gaikindo’s full-year 2017 car gross sales target will not be achieved. Growing demand is boosted by recovering coal and crude palm oil prices. Gasoline costs are excessive, but so is gas-powered vehicle gas efficiency.
- Most main automakers have gone public with splashy plans to electrify their model strains, but a number of have been notably silent.
- Ford has introduced necessary specifications for the new Escape Plug-in Hybrid.
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- Facing more and more beefy, off-road-ready