Suwito Mawarwati: MPMX profit up 10.8% despite economic slowdown
26 Mar 2025 15:00
Suwito Mawarwati reveals that despite the economic slowdown, MPMX’s net profit rose by 10.8% in 2024
BYD posts fastest sales, outpacing Japanese and European cars
15 Mar 2025 20:08
BYD recorded the fastest wholesale and retail sales growth in Indonesia.
ASII car sales rise 11.62% in February 2025
12 Mar 2025 10:11
Astra reports an upward trend in car sales in February 2025, but cumulative sales remain down.
Tesla shares plunge 15.4%, is US electric vehicle demand waning?
12 Mar 2025 09:24
Elon Musk claims Tesla is doing just fine, despite its stock price plunging earlier this week.
Indomobil and Mobitech to distribute Changan in Indonesia
23 Feb 2025 08:56
Indomobil is now the distributor of Changan in Indonesia via its subsidiary, IMG Sejahtera Langgeng.
Car sales plummet by 22.5%, is additional stimulus needed?
12 Feb 2025 13:52
Despite the weakening car sales this year, there is still potential increase in February-March 2025 as Eid al-Fitr is approaching.
Blue Bird sets up 1000 EV expansion in 2025
06 Feb 2025 18:07
Blue Bird is expanding its EV adoption into other service lines, including Goldenbird (car and limousine rental) and Bigbird (bus services).
Abundant nickel to be reviewed for potential national EV
06 Feb 2025 16:13
Indonesia has abundant nickel resources, yet it does not produce its own electric cars.
Used cars getting popular, ASLC allocates IDR 30 billion capex for Caroline.id
24 Jan 2025 11:52
ASLC’s decision to focus its expansion on the used car segment through Caroline.id is seen as a strategic move to cope with the sluggish automotive market.
ExxonMobil invests USD 15 billion for carbon capture storage in Indonesia
23 Jan 2025 08:24
CCS project initiated by ExxonMobil is expected to lower CO2 emission by 90%.