Indonesians take pleasure in taking trips with the family (and/or invite some friends) and due to this fact a big car is required. Moreover, these subsidized fuel price reforms additionally caused accelerated inflation because of second-round results (hence curbing Indonesians’ purchasing Automotive power further) as costs of various products rose as a outcome of higher transportation prices. Meanwhile, per capita GDP was weakening as a result of slowing economic development. Lastly, the weak rupiah (which had been weakening since mid-2013 amid the US taper tantrum) made imports costlier.
This entails drawing upon a physique of experience from domains as various …