Wednesday, February 29, 2012

Plan Raised of Fuel Oil Price

Planned increase in fuel oil prices by thegovernment of Indonesia in April 2012 made the national car market a bit sluggish. According Indonesian Automotive Industry Association (GAIKINDO), market disruption caused by the increase in fuel by 20 to 30% can be for 3 months.

Fuel price increase will not only affect the national car sales, but will greatly affected to the distribution cost of goods, production costs will eventually raise the price of goods, including car prices.

In addition to these fuel price increases, government also plans to increase the down payment for buying a car on credit; it is feared by the car dealer because they will be affected to the market twice.

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