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Low Cost Green Car (LCGC) (Indonesian: Kendaraan Bermotor Roda Empat Hemat Energi dan Harga Terjangkau (KBH2), lit. 'Energy Efficient and Affordable Four-Wheeler Motor Vehicles') is an Indonesian automobile regulation which exempts low-cost and energy-efficient cars from luxury sales tax to ensure affordability, provided that they are assembled locally with a minimum amount of local components.
For a long time local companies in Indonesia have tried to design their own cars but failed to manufacture those in mass production. Besides Esemka, few other local made cars got publicity in the past, which include Gea by state-owned train manufacturer PT Industri Kereta Api (Inka), Tawon of PT Super Gasindo Jaya, and Fin Komodo of PT Fin Komodo Technology. [5]
The Avanza and Xenia were both conceived by Toyota, Daihatsu and its Indonesian subsidiaries in the wake of the 1997 Asian financial crisis.At the time, the price of the best-selling Kijang had skyrocketed, while the economy in the country had just recovered from the crisis. [11]
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Welcome to Championship Week, everyone. We made it. Let’s go earn a ring. If you need one final boost from the waiver wire, we are here to help. Each week, we prioritize the top potential ...
The Washington Mystics hired Jamila Wideman as the franchise's new general manager and Sydney Johnson as the team's coach on Monday. Wideman joins the Mystics after spending six years at the NBA ...