Germany's automotive slump is liable for global economic slowdown

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The Detroit Auto Show Proves Americans Sure Love SUVs

Between the years 2007 and 2012, the Indonesian economic system grew a minimum of 6.0 % per 12 months, with the exception of 2009 when GDP progress was dragged down by the global financial crisis. In the identical interval, Indonesian car sales climbed quickly, but also excluding 2009 when a steep decline in car gross sales occurred. The Indonesian authorities is eager to show Indonesia into a world production base for automotive manufacturing and would like to see all major automotive producers establishing factories in Indonesia because it aims to overtake Thailand as the most important automotive manufacturing hub in Southeast Asia and the ASEAN area.

“The transformation of the automotive trade is more and more growing into a battle of the worlds between the established automobile producers, new mobility service suppliers and main digital gamers. Because of the … Read More