Automotive Business Historical Past, Overview, Definition, Developments, & Details
While Indonesia has a nicely developed MPV and SUV manufacturing industry, the nation’s sedan business is underdeveloped. This is a true missed opportunity by means of export efficiency as a end result of about eighty p.c of the world’s drivers use a sedan vehicle. The key reason why Indonesia has not developed a sedan trade is because the government’s tax system doesn’t encourage the manufacturing and export of the sedan vehicle. The luxurious items tax on the sedan is 30 p.c, while the tax on the MPV is set at 10 p.c.
Ford and Lio Ho Group have a three method partnership referred to as Ford Lio Ho, Ford owns 70% and Lio Ho Group owns 30%. Ford and Navistar International have a three means partnership referred to as Blue Diamond Truck. Navistar International and JAC has a joint venture called Anhui Jianghuai Navistar. Changan Automobile and JMCG have a …
Read More