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Automotive Manufacturing Trade Indonesia
Automotive
The luxury items tax on the sedan is 30 percent, while the tax on the MPV is ready at 10 %. This causes the high sedan value and in order to encourage demand for the sedan its price needs to turn out Automotive News to be extra aggressive. Although the comparatively new low-cost green automobile has gained recognition in Indonesia , most Indonesians still prefer to buy the multipurpose vehicle .
While Indonesia has a well developed MPV and SUV manufacturing business, the nation’s sedan business is underdeveloped. This is a real missed alternative in phrases of export efficiency…