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In change, the LCGCs are exempted from luxurious goods tax, which allows manufacturers and retailers to set cheaper prices. Due to the better financial policy and the top of the economic slowdown in 2016 (GDP development accelerated to 5.02 % y/y), Indonesian car gross sales finally rebounded in 2016. On the long-term, the government desires to show Indonesia into an impartial car manufacturing nation that delivers completely constructed units of which all parts are locally-manufactured in Indonesia. Jongkie Sugiarto, Chairman of the Indonesian Automotive Industry Association , stated the area east of Jakarta is selected by many automobile manufacturers for …
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