The central bank of Indonesia decided to revise the down payment requirements for the purchase of a car in an attempt to boost credit growth . Per 18 June 2015, those Indonesian consumers who use a loan from a financial institution to purchase a passenger car need to pay a minimum down payment of 25 percent . It is estimated that around 65 percent of all car purchases in Indonesia are made through a loan.
- The government set several terms and conditions for the manufacturing of LCGCs.
- Arm and our world-leading partner ecosystem provide OEMs and the automotive industry with the processor IP, tools, and software solutions for automated driving, software-defined cars, and unique in-vehicle experiences.
- Familiar and widely-used open standards minimize development cost, speed up time-to-market, and simplify support.
- New technologies are transforming the automotive industry, with innovation redefining what it means to drive or be driven.
We will be present at Mondial de l’Auto, one of the largest automotive shows in the world, from 17 to 23 October, 2022. See our latest news, and stories from across the business, and explore our archives. Sign up to receive the latest news and product updates from Imagination straight to your inbox. Using IMG’s Ethernet Packet Processor delivers quality of service for interconnects between platforms.
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The automotive industry comprises a wide range of companies and organizations involved in the design, development, manufacturing, marketing, and selling of motor vehicles. It is one of the world’s largest industries by revenue (from 16 % such as in France up to 40 % to countries like Slovakia). It is also the industry with the highest spending on research & development per firm. Our solutions cover the entire vehicle and can help with everything from advanced mobility concepts to aftermarket repair. We have the experience, advanced technology and global reach to offer the support you need. We have great ideas based on decades of experience and materials solutions that were pioneered by our innovation.
Notable company relationships
The automotive industry is transforming towards an environment that depends heavily on the data that underlies the essential performance and driving experience of a vehicle. Automotive Grade Linux is a collaborative open source project that is bringing together automakers, suppliers and technology companies to accelerate the development and adoption of a fully open software stack for the connected car. With Linux at its core, AGL is developing an open platform from the ground up that can serve as the de facto industry standard to enable rapid development of new features and technologies. We help automotive companies to drive efficiencies, unlock new value, enhance the customer experience and create new business models. The 2020s are becoming the decade of electrification as consumer, technological and policy forces coalesce with 30% of new vehicles expected to be electric by 2030.
As a result, the traditional business model of car sales will be complemented by a range of diverse, on-demand mobility solutions, especially in dense urban environments that proactively discourage private-car use. Overall global car sales will continue to grow, but the annual growth rate is expected to drop from the 3.6 percent over the last five years to around 2 percent by 2030. This drop will be largely driven by macroeconomic factors and the rise of new mobility services such as car sharing and e-hailing. We support suppliers with strategic problem-solving and innovation, development, and cost-cutting programs.