Simple economics and concrete planning will dissuade increasingly folks from owning a car. Professor Stefan Bratzel, director of the Center of Automotive Management (CAM) in Germany thinks it’s a bit more serious, predicting a 5% fall in global sales, leading to disappearing earnings, lower stock market valuations, cost slicing, austerity packages, and mergers. Bratzel mentioned the trade is being hit by a double whammy – falling earnings at a time when large investments are required to fund upcoming electrical autos. In its capacity within the homeland and international roles, nowadays GAIKINDO contributes to the development of the business that results in the production of environmentally-friendly cars (green automotive). This is in accordance with national and international trends that require motor autos that meet the varied necessities for ecological challenges.
However, Japanese automotive manufacturers stay the dominant players in Indonesia’s car manufacturing business, particularly the Toyota brand. More than half of … Read More