Below is a list with tagged columns and company profiles.

Today's Headlines Automotive

  • Astra International Targets to Raise Market Share

    Astra International Targets to Raise Market Share

    Astra International, one of the biggest companies that is listed on the Indonesia Stock Exchange (in terms of market capitalization), targets to boost its market share in Indonesia's automotive industry to 50 percent before the end of the year.

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  • H1-2018 Corporate Earnings Reports Indonesia: Astra International

    H1-2018 Corporate Earnings Reports Indonesia: Astra International

    Although Astra International, one of Indonesia's biggest diversified conglomerates, has been affected by subdued car sales in Indonesia in recent years, the company remains comfortably within the top ten of biggest listed companies in terms of market capitalization on the Indonesia Stock Exchange.

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  • Indonesian Companies in Focus: Astra International Under Pressure

    Indonesian Companies in Focus: Astra International Under Pressure

    Astra International, one of the largest diversified conglomerates in Indonesia, has always been one of investors' favorite blue chip stocks. Although the automotive sector contributes around half to the company's total revenue, Astra International is usually regarded the barometer of the Indonesian economy because the company is engaged in most key sectors of the economy. Thus, if the company is doing well, so is the Indonesian economy.

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  • IPC Car Terminal to IPO on the Indonesia Stock Exchange in mid-2018

    IPC Car Terminal to IPO on the Indonesia Stock Exchange in mid-2018

    Terminal operator Indonesia Kendaraan Terminal (better known as IPC Car Terminal) plans to conduct an initial public offering (IPO) on the Indonesia Stock Exchange in mid-July 2018. The company, which is owned by state-owned port operator Pelindo II, handles the movement of cargo containers for shipments related to the automotive industry at its terminal in Jakarta's Tanjung Priok harbor.

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  • Automotive Industry ASEAN: Indonesia Lags Behind Thailand

    Automotive Industry ASEAN: Indonesia Lags Behind Thailand

    Also in 2017 Indonesia remained the biggest car sales market as well as the second-biggest car producer in the ASEAN region. Total car sales in ASEAN grew 5 percent year-on-year (y/y) to 3.3 million in 2017. Indonesia contributed almost one-third to the total. However, Thailand remains the dominant car manufacturer in the region, producing nearly 2 million vehicles in 2017.

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  • Full-Year 2017 Corporate Earnings Report Astra International

    Full-Year 2017 Corporate Earnings Report Astra International

    One of Indonesia's biggest diversified conglomerates (and therefore often labelled the barometer of the Indonesian economy), Astra International, posted a solid 25 percent year-on-year (y/y) growth of net profit to IDR 18.9 trillion (approx. USD $1.39 billion) in full-year 2017. Meanwhile, the company's net revenue rose 13.8 percent (y/y) to IDR 206.1 trillion (approx. USD $15.2 billion).

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  • Indonesian Government Preparing Roadmap for Electric Car Industry

    Indonesian Government Preparing Roadmap for Electric Car Industry

    Discussions about the regulatory framework - including incentives - for the electric car industry in Indonesia are ongoing. Hence, stakeholders in the country's automotive industry are eagerly awaiting for results of government discussions and a roadmap before investing in manufacturing facilities for the launch of electric cars on the Indonesian market.

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  • Automotive Industry Indonesia: Sales, Production, Export & Import

    Automotive Industry Indonesia: Sales, Production, Export & Import

    Although it proves difficult for Indonesian car manufacturers to export their output to overseas markets, reflected by the declining number of local car exporters (declining from eight in 2013 to five at the start of 2018), Indonesia's car shipments have been rising steadily over the past five years. However, in absolute terms the figure remains modest with 231,169 exported car units from Indonesia in full-year 2017.

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  • Motorcycle Sales in Indonesia Rose Modestly in January 2018

    Motorcycle Sales in Indonesia Rose Modestly in January 2018

    Based on the latest data from the Indonesian Motorcycle Industry Association (AISI), motorcycle sales in Indonesia rose 1.8 percent year-on-year (y/y) to 482,537 units in the first month of 2018. Although it is only modest growth, it does give rise to optimism about the direction of domestic motorcycle sales this year, according to AISI Chairman Johannes Loman.

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  • Automotive Industry Indonesia: Good Car Sales Growth in January 2018

    Automotive Industry Indonesia: Good Car Sales Growth in January 2018

    Indonesia's car sales rose 11.1 percent year-on-year (y/y) to 95,892 vehicles (wholesale) in January 2018 according to the latest data from the Association of Indonesian Automotive Industries (Gaikindo). This is a very promising start of the year as the January 2018 car sales figure is the highest January figure since 2014.

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Latest Columns Automotive

  • Indonesia May File WTO Complaint over Vietnam's Car Import Policy

    Indonesia May File WTO Complaint over Vietnam's Car Import Policy

    Indonesia may file a complaint at the World Trade Organization (WTO) over Vietnam's recent decision to tighten regulations related to car imports. Through Decree No. 116/2017/ND-CP on Overseas Vehicle Type Approval (VTA) (which has been in effect since 1 January 2018), Vietnam requires car exporters to obtain VTA certification first (from authorities in the exporting nation) before being allowed to export cars into Vietnam. This VTA details incoming vehicles' quality, safety and environmental protection.

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  • Automotive Sector: Ford Cars to Return on the Streets of Indonesia?

    Automotive Sector: Ford Cars to Return on the Streets of Indonesia?

    After Ford Motor Indonesia, the local unit of American car manufacturer Ford Motor Company, exited Indonesia earlier this year as the company found it too difficult to compete with Japanese counterparts on the Indonesian market, Ford found a new way to make sure its components and after sales services can be delivered in Southeast Asia's largest economy.

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  • Automotive Sector Indonesia: High Hopes for Car Exports

    Automotive Sector Indonesia: High Hopes for Car Exports

    The government of Indonesia eyes rapid growth of car exports in the two decades ahead. By the year 2035 the government targets to see car shipments from Indonesia rise to 1.5 million vehicles (from around 200,000 exported units in 2016). By that year, exported vehicles should contribute 37.5 percent of total Indonesian car sales.

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  • Automotive Industry News: SGMW Motor Indonesia Enters Car Market

    Automotive Industry News: SGMW Motor Indonesia Enters Car Market

    A new player in Indonesia's automotive industry - backed by big carmakers from China and the USA - is eager to compete for market share in Indonesia. On Tuesday (11/07) SGMW Motor Indonesia inaugurated its first manufacturing facility in Cikarang (West Java). This local company is a joint venture between (1) SAIC Motor Corporation Ltd, a Chinese state-owned automotive design and manufacturing company headquartered in Shanghai, (2) General Motors Company (GM), a US multinational automotive corporation headquartered in Detroit, and (3) Liuzhou Wuling Automobile Industry Co Ltd, a China-based car manufacturer.

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  • Automotive Manufacturing Industry: Indonesia's Car Production Center

    Automotive Manufacturing Industry: Indonesia's Car Production Center

    Indonesia's automotive industry is centered around Bekasi, Karawang and Purwakarta in West Java. In this area various big global car-makers invested in industrial estates as well as car and component manufacturing plants. Therefore, it has become the production base of Indonesia's automotive sector (including motorcycles) and can be labelled the "Detroit of Indonesia". Detroit (Michigan, USA) is the birthplace of the US automotive industry and is home to car giants General Motor, Chrysler, and Ford.

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  • Indonesia's BI Rate Cut Not Enough to Boost Household Consumption?

    Indonesia's BI Rate Cut Not Enough to Boost Household Consumption

    The decision of Indonesia's central bank (Bank Indonesia), last week, to cut its key interest rate (BI rate) by 0.25 percent to 7.00 percent and to cut the reserve-requirement ratio for commercial banks' rupiah deposits by 1 percent to 6.5 percent is a decision that should boost household consumption in Indonesia in 2016, improve people's purchasing power, give rise to a stronger automotive and property sector, and boost liquidity at local banks (hence providing room for an acceleration of credit growth in Southeast Asia's largest economy).

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  • Car & Motorcycle Sales in Indonesia Continue to Fall

    Car & Motorcycle Sales in Indonesia Continue to Fall

    Car sales in Indonesia continued to decline. Based on the latest data from the Indonesian Automotive Industry Association (Gaikindo) Indonesian car sales (delivery to dealers) fell around 10 percent year-on-year (y/y) to 84,885 vehicles in the first month of the year from 94,194 units in January 2015. Retail sales, on the other hand, showed a 1 percentage point growth to 82,423 vehicles over the same period.

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  • No Anti-Dumping Duties on Steel Imports for Indonesia's Automotive Sector

    No Anti-Dumping Duties on Steel Imports for Indonesia's Automotive Sector

    The Indonesian government approved the request of Indonesia's automotive sector to be exempted from the anti-dumping duties that have been imposed on imports of steel from specific countries. Through Finance Ministry Regulation No. 65/2013 on Anti-Import Duties, the government set import duties - ranging between 7 and 55.6 percent - for steel imports from China, Japan, South Korea, Taiwan and Vietnam in an effort to protect the domestic steel manufacturing industry amid a global steel oversupply (particularly caused by a supply glut in China).

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  • Outlook Indonesia's Car Sales in 2016: Optimistic or Pessimistic?

    Outlook Indonesia's Car Sales in 2016: Optimistic or Pessimistic?

    Whereas the Indonesian Automotive Industry Association (Gaikindo), expects Indonesia's car sales to rise five percent (y/y) in 2016 on the back of improving economic conditions, US-based consulting firm Frost & Sullivan expects to see a 4.3 percent decline in the country's car sales this year as continued rupiah depreciation and persistently low commodity prices undermine Indonesians' purchasing power.

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