EU – Indonesia Business Dialogue 2010 Jakarta, 29-30 November 2010 GABUNGAN INDUSTRI KENDARAAN BERMOTOR INDONESIA / THE ASSOCIATION OF INDONESIA AUTOMOTIVE INDUSTRIES

0

HISTORY & PROSPECT OF FOREIGN COOPERATION IN INDONESIA AUTOMOTIVE MARKET

EU – Indonesia Business Dialogue 2010 Jakarta, 29-30 November 2010 GABUNGAN INDUSTRI KENDARAAN BERMOTOR INDONESIA / THE ASSOCIATION OF INDONESIA AUTOMOTIVE INDUSTRIES

1

OUTLINE 1.

GOVERNMENT POLICY DEVELOPMENT

2.

GOVERNMENT POLICY & DOMESTIC MARKET

3.

DOMESTIC MARKET 1999-2004

4.

ECONOMIC INDICATORS 2005-2010

5.

PRODUCTION CAPACITY

6.

DOMESTIC MARKET 2005-2010

7.

EXPORT & IMPORT

8.

MARKET SHARE BY BRAND & COUNTRY

9.

MARKET FORECAST 1997-2015

10.

INDONESIAN AUTOMOTIVE TAXATION STRUCTURE

1999-2010

2

GOVERNMENT POLICY (1) 1969


Government issued the policy to introduce the importation of vehicles ( in the form of CBU & CKD ), to regulate the investment for establishment of assembling plants and the role of sole agents Indonesia

1974


Government issued the policy to encourage the local auto industry & to stop the importation of CBU vehicles

1976


Government issued the policy to use the locally produced parts & components. The higher import duties to vehicles which did not have the locally made stamping parts

2. Period 1980 - 1989

1983


 Government issued the policy to boost the development of local components ( the 2nd deletion program ).  High import duties were applied to the main components : engines, transmissions, brake system, etc

3. Period 1990 - 1998

1993


Government replaced the deletion program with the incentive program. The Automobile manufacturers were allowed to choose components to be used in the assembling activities to reach a certain level of local content targeted by the regulation

1996


To speed up the implementation of the incentive program, the government introduced the national automobile program stipulating that an exemption of import duties will be granted if manufacturers reached : 1st year 20%, 2nd year 40% and 3rd year 60%. Exemption of luxury tax will be granted for the vehicles with local content 60& and more

1. Period 1969 - 1979

3

GOVERNMENT POLICY (2)

4. Period 1999 - Present

1999


 The government issued “the 1999 automotive policy package “to boost to enhance the post 1998 post crisis domestic market by lowering of import duties and allowing CBU import.  This policy were also to stimulate export of auto products, and encourage the development of parts manufacturing.  The incentive program was abolished.

2000-2005


The government issued an environment policy adopting the Euro-2 emission standard, which effective from 1 January 2005 for new model and 1 January 2007 for current model

2006-2008


The government issued a policy to increase oil price by 120% which affected domestic market in 2006, dropped 40% from 534,000 unit in 2005 to 319,000 unit. In 2007 domestic sale increased to 433,000 unit and in 2008 603,000 unit

2009-2010


Domestic sales in 2009 dropped 29% from 603,000 unit in 2008 to 433,000 unit in 2009 and in 2010 domestic sale is projected to 700,000 unit or increase of 38%.

4

AUTOMOTIVE INDUSTRY POLICY IN INDONESIA 1999 GOAL

Automotive Industry with high efficiency & strong global competitiveness

Focus on Component Industries

STRATEGY

Enhance the development of Small Commercial Car, MPV (< 5 tons) & Motorcycle industries Develop passenger car industry < 1.500 CC

Opening the domestic market POLICIES

Increasing the export market Fostering the Industry’s structure 5

GOVT POLICY & DOMESTIC AUTO MARKET 1976 - 2010 PAKJUN '96 PP.36 '96 KEPPRES 42 '96 INPRES No. 2 '96

307/M/SK/8/76 231/M/SK/11/78

KEPPRES 20/98 KEP : 19/MPP/KEP/98 20/MPP/KEP/98

201/KPB/VII/92 107/M/SK/VII/92

168/M/SK/9/79 349/M/SK/8/80

586/PJ/01 460/KMK.03/01 PP.60 '01 172/MPP/05/01

PAKMEI '95

117/M/SK/4/86

PAKJUN '93

12/M- IND/PER/3/2006 07/M-DAG/PER/3/2006 06/M-DAG/PER/3/2006 PM LH 05/2006

PP.59 '99 PAKJUN '99

VOLUME (X 1.000 UNIT)

70/PMK.011/2008 43/M-IND/PER/7/08 44/M-DAG/PER/10/08 32/PMK.04/2008

34/PMK.011/07 34/M-IND/PER/4/07 49/M-DAG/PER/12/07 PM DAGRI No. 9/2007

756/MPP/KEP/11/02

111/M/SK/10/90 371/M/SK/9/83

PP.43 '03 411/MPP/KEP/06/03 458/MPP/KEP/07/03 KEPMEN LH 141/03 024/SK/ILMEA/XI/2003

PP.145 '00 49/MPP/KEP/2/00 569/KMK.04/00 97/KMK.05/00

132/PMK.010/05

1000 900 800 700

700

604

600 483

500

172

200 100

322

275 261

300 72

88

103 103

'76

'77

'78

208 189

152 152

144

162 160 158 178

170

483 433

387

400

534

354

341 332

301 300 318

211

319 58 94

0

Rp Devaluation 27.5% [83]

'79

'80

'81

Rp Devaluation 31,0% [86]

Blue : Government Policy/Regulations Green : Economic & Political Milestones

'82

'83

'84

Tight Money Policy (TMP) [87]

'85

'86

New Banking Regulation [89]

'87

'88

'89

Tight Money Policy (TMP) [91]

'90

'91

National Car Program [96]

'92

'93

Economic Crisis [98]

'94

'95

'96

'97

General & Presidential Elections [99]

'98

'99

'00

General & Presidential Elections [04]

'01

'02

'03

Fuel Price Increase [05]

'04

'05

Global Economic Crisis [08]

'06

'07

'08

'09

'10

General & Presidential Elections [09]

6

DOMESTIC MARKET IN INDONESIA 1999 - 2004 YEAR

CATEGORY

1.

SEDAN TYPE

1999

2.

14.309

26.139

27.299

1.5 lt < CC < 3.0 lt (P) / 2.5lt (D)

9.124

11.205

6.325

12.031

12.609

12.892

577

1.362

1.360

248

177

290

11.012

46.919

35.226

26.588

38.925

40.481

CC < 1.5 lt (G/D)

15.695

51.258

44.939

55.517

55.818

160.991

1.5 lt < CC < 2.5 lt (G/D)

40.895

126.839

117.239

118.410

128.757

108.858

2.5 lt < CC < 3.0 lt (P)

196

92

928

53

1.093

319

CC > 3.0 lt (P) / 2.5 (D)

-

-

1

387

365

974

56.786

178.189

163.107

174.367

186.033

271.142

-

-

-

-

-

-

1.215

2.825

2.186

302

463

982

1.5 lt < CC < 3.0 lt (P) / 2.5 (D) CC > 3.0 lt (P) / 2.5 (D) Sub Total

4.

5 Ton < GVW < 24 Ton (P/D) GVW > 24 Ton (P/D) Sub Total GVW < 5 Ton (P/D)

5.

PICK UP/TRUCK

426

813

382

514

647

260

1.641

3.638

2.568

816

1.110

1.242

659

1.505

1.773

2.063

1.529

2.153

-

-

-

-

-

-

659

1.505

1.773

2.063

1.529

2.153

10.932

35.611

50.760

60.527

65.771

92.899

29.266

40.380

45.951

52.001

63.524

4.964

5.135

4.674

4.298

4.416

GVW 5 - 10 Ton (P/D) GVW 10 - 24 Ton (P/D) GVW > 24 Ton (P/D) Sub Total

6.

2004

27.541

CC < 1.5 lt (G/D)

BUS

2003

34.352

CC > 3.0 lt (P) / 2.5 (D)

4X4 TYPE

2002

1.311

Sub Total

3.

2001

CC < 1.5 lt (G/D)

Sub Total

4X2 TYPE

2000

GVW < 5 Ton (P/D)

DOUBLE CABIN

12.554 229

873

648

541

1.064

3.162

23.715

70.714

96.923

111.693

123.134

164.001

-

-

2

2.221

3.898

4.129

-

-

2

2.221

3.898

4.129

93.813

300.965

299.599

317.748

354.629

483.148

For all CC Sub Total

DOMESTIC MARKET

220,8%

-0,5%

6,1%

11,6%

36,2%

7

INDONESIA MACRO ECONOMIC RECORD & ASSUMPTION

NO

INDICATORS

2005

2006

2007

2008

2009

2010 *

1

GDP (%)

5,7

5,5

6,3

6.1

4,2

6,0

2

INFLATION (%)

17,1

6,6

6,6

11,1

6,2

5,4

3

SBI 3 Month (%)

9,1

11,7

8,0

9,3

7,5

7,0

4

EX. RATE IDR/USD

9,705

9,164

9,140

9,691

9,400

9,000

5

OIL PRICE (USD/Barrel)

51,8

63,8

69,7

97,0

80,0

70,0-80,0

* 2010 : To be Adjusted

8

ANNUAL CAPACITY – ASSET – LABOUR ANNUAL CAPACITY (Unit) Shift

TOTAL ASSET (Rp Bill)

LABOUR (Person)

NO.

COMPANY

1.

PT. ADM (DAIHATSU)

2

270.000

3.174

7.790

2.

PT. ISI (SUZUKI)

1

140.000

4.543

6.045

3.

PT. TMMIN (TOYOTA)

1

120.000

4.065

5.860

4.

PT. KTB (MITSUBISHI)

2

120.000

504

755

5.

PT. HPM (HONDA)

2

72.000

1.602

3.000

6. PT. PANTJA MOTOR (ISUZU)

1

51.000

1.052

500

7.

PT. HIM (HYUNDAI)

2

27.000

557

441

8.

PT. GAYA MOTOR

1

23.000

172

928

9.

PT. NMI (NISSAN)

1

30.000

875

643

10.

PT. HMMI (HINO)

2

35.000

648

1.000

11. PT. MBI (MERCEDES BENZ)

2

20.000

1.370

411

12.

1

(6.500)

PT. ANDI (NISSAL DIESEL)

TOTAL

888.000

328

(103) 26.962

Note Not included other general assembler 9

DOMESTIC MARKET IN INDONESIA 2005 – 2010* YEAR

CATEGORY

1.

SEDAN TYPE

2005

10.241

16.207

18.753

11.779

13.701

7.188

10.974

15.284

10.068

11.310

199

136

200

263

253

568

35.369

17.565

27.381

34.300

22.100

25.579

CC < 1.5 (G/D)

189.845

136.793

194.422

279.051

257.507

279.901

1.5 < CC < 2.5 (G/D)

132.842

62.205

87.527

105.822

74.652

82.946

2.5 < CC < 3.0 (G)

3.110

3.489

2.359

2.702

2.214

2.100

CC > 3.0 (G) / 2.5 (D)

1.358

1.147

1.425

1.215

680

78

327.155

203.634

285.733

388.790

335.053

365.025

1.5 < CC < 3.0 (G) / 2.5 (D) CC > 3.0 (G) / 2.5 (D)

BUS

-

-

-

1.707

1.653

2.264

159

176

470

561

544

1.655

2.177

2.214

2.808

GVW 5 - 10 Ton (G/D)

1.264

1.009

896

1.651

1.167

1.494

GVW 10 - 24 Ton (G/D)

1.028

552

804

1.210

1.430

1.275

-

-

-

-

-

-

2.292

1.561

1.700

2.861

2.597

2.769

GVW < 5 Ton (G/D)

97.815

51.583

55.706

80.099

55.373

74.355

GVW 5 - 10 Ton (G/D)

55.601

32.183

43.651

66.258

48.172

60.690

GVW 10 - 24 Ton (G/D)

3.887

3.160

3.427

5.302

4.582

5.017

GVW > 24 Ton (G/D) Sub Total 6.

1.479

1.188

Sub Total

5.

1.029

132

GVW > 24 Ton (G/D)

PICK UP/TRUCK

1.663 1.795

Sub Total

4.

2010 *

25.006

CC < 1.5 (G/D) 3.

2009

10.164

Sub Total 4X4 TYPE

2008

CC < 1.5 (G/D) CC > 3.0 (G) / 2.5 (D)

4X2 TYPE

2007

1.5 < CC < 3.0 (G) / 2.5 (D) Sub Total

2.

2006

GVW < 5 Ton (G/D)

DOUBLE CABIN

3.946

2.614

5.774

10.088

6.028

9.479

161.249

89.540

108.558

161.747

114.155

149.541

6.057

5.416

8.314

13.899

9.969

10.474

6.057

5.416

8.314

13.899

9.969

10.474

533.917

318.904

433.341

603.774

486.088

556.196

For all CC Sub Total

DOMESTIC MARKET *2010 : JAN-SEP

-40,3%

35,9%

39,3%

-19,5%

14,4%

10

EXPORT – IMPORT 1999 – 2010* EXPORTS

1999

2000

2001

2002

2003

2004

CBU EXPORT (UNITS)

3.527

47.001

323

1.258

2.046

9.572

CKD EXPORT (SETS)

-

-

49.329

53.011

52.102

65.845

COMPONENTS EXPORT (PIECES)

-

-

-

-

-

447.420

IMPORTS

1999

CBU IMPORT (UNITS)

EXPORTS

2000 -

2001 -

16.617

2002 4.100

2008

2003

2004

14.632

32.250

2005

2006

2007

2009

2010 *

CBU EXPORT (UNITS)

17.805

30.974

60.267

100.982

56.669

56.282

CKD EXPORT (SETS)

103.370

105.917

105.642

103.710

53.140

42.260

COMPONENTS EXPORT (PIECES)

380.371

285.124

290.475

311.066

232.648

268.401

31.760

33.663

55.112

72.646

32.678

59.227

IMPORTS CBU IMPORT (UNITS) *2010 : JAN-SEP 11

MPV LOCAL COMPONENTS

12

TRUCK LOCAL COMPONENTS (Hino-Mitsubishi-UD Nissan Diesel-Mercedes Benz)

13

DOMESTIC MARKET BY BRAND 1976 - 2000 1 JAPAN 1 TOYOTA 2 DAIHATSU 3 MITSUBISHI 4 SUZUKI 5 HONDA 6 NISSAN 7 ISUZU 8 HINO 9 MAZDA 10 UD NISSAN DIESEL 11 SUBARU 2 EUROPE 1 MERCEDES BENZ 2 BMW 3 VOLKSWAGEN 4 AUDI 5 PEUGEOT 6 LAND ROVER 7 JAGUAR 8 VOLVO 9 MORIS 10 HOLDEN 11 LEYLAND 12 CITROEN 13 BERLIET 14 STEYR 15 ALFA ROMEO 16 MOSKVITCH 17 DAC 18 ARO 19 SEMERU 20 BEDFORD 21 MORINA 22 OPEL 23 RENAULT 24 FIAT 3 USA 1 FORD 2 CHEVROLET 3 VALIANT 4 DODGE 5 JEEP 6 SIMCA 7 CHRYSLER 8 WAGONEER 4 KOREA 1 KIA 2 HYUNDAI 3 SSANGYONG 4 DAEWOO 5 INDIA 1 TATA 2 MAHINDRA 6 INDONESIA 1 TIMOR 2 PERKASA DOMESTIC MARKET

1976 UNIT 59.197 16.685 7.312 22.186 5.507 4.458 366 387 1.925 91 280 11.002 2.399 3.619 1.111 1.174 485 17 508 342 4 12 426 905 2.239 1.505 16 325 180 162 32 19 -

1980 UNIT 151.231 50.008 21.246 57.260 8.113 4.837 3.712 5.158 245 139 513 9.172 4.243 201 1.735 525 325 42 56 4 1.224 173 19 34 14 13 60 55 96 135 218 11.804 811 9.745 42 93 1.113 78 77 1 -

1996 UNIT 302.840 74.570 35.392 76.254 57.395 6.357 2.385 42.967 3.191 1.884 2.445 13.202 7.322 3.788 1.401 3 688 7.430 3.651 3.779 2.521 2.056 465 6.042 6.042 -

1997 UNIT 346.465 103.049 33.164 70.092 64.071 6.815 5.565 50.353 4.657 5.227 3.472 12.653 5.716 4.114 285 1.805 733 8.441 4.307 4.134 4.571 3.772 60 739 19.471 19.471 -

1998 UNIT 50.649 16.523 4.593 8.970 7.641 990 955 8.966 325 1.457 229 2.381 740 908 133 126 340 134 2.515 1.302 1.213 333 175 51 107 2.493 2.493 -

1999 UNIT 84.935 26.607 9.157 24.414 11.403 1.220 326 9.642 1.028 588 550 2.418 1.119 570 196 133 326 74 2.038 230 1.808 1.335 1.059 131 145 3.087 3.087 -

2000 UNIT 272.809 90.144 28.237 65.425 46.069 8.695 938 29.014 2.862 352 1.073 6.657 3.200 2.403 88 194 469 91 52 160 5.454 78 5.376 7.425 7.245 30 150 8.620 8.530 90

72.438

172.285

332.035

391.601

58.371

93.813

300.965

14

DOMESTIC MARKET BY BRAND 2001 - 2010 1 JAPAN 1 TOYOTA 2 DAIHATSU 3 MITSUBISHI 4 SUZUKI 5 HONDA 6 NISSAN 7 ISUZU 8 HINO 9 MAZDA 10 UD NISSAN DIESEL 11 LEXUS 12 SUBARU 2 EUROPE 1 MERCEDES BENZ 2 BMW 3 VOLKSWAGEN 4 AUDI 5 PEUGEOT 6 LAND ROVER 7 JAGUAR 8 VOLVO 9 BENTLEY 10 RENAULT 3 USA 1 FORD 2 CHEVROLET 4 KOREA 1 KIA 2 HYUNDAI 3 SSANGYONG 4 DAEWOO 5 MALAYSIA 1 PROTON 6 CHINA 1 CHERY 2 FOTON 7 INDONESIA 1 TIMOR 2 PERKASA

2001 UNIT 270.112 80.069 20.592 66.105 53.187 11.510 2.863 31.301 3.035 243 1.207 8.859 3.120 2.893 111 215 2.205 29 110 131 45 2.438 54 2.384 16.024 6.534 8.855 29 606 2.166 2.045 121

2002 UNIT 291.282 84.297 20.288 75.390 63.515 13.113 3.559 26.335 3.436 249 1.100 7.658 2.874 1.996 194 198 1.690 56 159 289 202 4.189 1.587 2.602 14.092 5.504 8.252 154 182 527 395 132

2003 UNIT 324.187 100.860 21.698 77.104 70.154 21.650 6.720 19.779 4.366 550 1.306 7.523 2.726 2.041 234 157 1.513 94 203 346 209 8.050 4.046 4.004 14.526 5.217 9.097 126 86 343 306 37

2004 UNIT 452.004 141.940 47.621 89.590 82.242 46.500 12.201 23.452 6.401 365 1.692 6.361 2.513 2.053 96 159 821 110 133 337 139 10.475 6.097 4.378 14.032 6.211 7.745 76 276 276 -

2005 UNIT 505.934 182.765 48.762 89.158 87.274 53.750 10.551 25.010 6.145 652 1.867 4.872 2.443 1.257 228 120 486 85 61 143 49 7.812 5.727 2.085 15.060 8.668 6.391 1 239 239 -

2006 UNIT 304.918 123.698 33.021 47.023 44.760 30.000 4.006 16.605 4.193 203 1.380 5 24 2.041 914 600 150 90 118 54 27 69 19 4.340 3.515 825 6.861 3.852 3.003 6 305 305 269 269 170 170 -

2007 UNIT 411.289 150.631 51.957 61.547 58.095 40.000 19.030 18.270 8.224 1.336 2.115 46 38 3.602 2.022 1.000 208 110 85 77 32 60 8 7.801 6.405 1.396 8.064 4.039 4.020 5 1.584 1.584 759 759 242 242 -

2008 UNIT 579.371 211.909 78.041 87.524 73.067 52.500 31.879 25.325 14.227 2.241 2.391 241 26 4.120 2.872 720 200 112 59 52 39 62 4 10.656 7.999 2.657 7.681 3.880 3.800 1 1.089 1.089 853 853 4 4 -

2009 UNIT 461.369 186.687 77.513 61.735 44.689 39.570 21.440 15.236 11.390 1.542 1.298 235 34 4.773 3.450 901 176 110 44 32 35 25 8.960 6.348 2.612 5.862 3.195 2.667 2.150 2.150 434 407 27 -

2010 * UNIT 598.628 234.294 93.198 87.750 58.041 50.428 30.229 19.782 17.580 4.896 2.146 284 5.278 3.783 1.030 181 112 82 48 33 6 3 9.627 5.715 3.912 9.297 5.101 4.196 1.927 1.927 568 433 135 -

DOMESTIC MARKET

299.599

317.748

354.629

483.148

533.917

318.904

433.341

603.774

483.548

625.325

* 2010 : JAN-OCT

15

NUMBER OF BRAND BY COUNTRY NUMBERS OF BRAND NO.

COUNTRY 1976

2000

2005

2006

2008

2010 *

1

JAPAN

10

10

10

12

12

11

2

EUROPE

12

8

9

9

9

9

3

USA

7

2

2

2

2

2

4

KOREA

-

3

3

3

3

2

5

MALAYSIA

-

-

-

1

1

1

6

CHINA

-

-

-

1

2

2

7

INDONESIA

-

2

1

1

1

-

8

INDIA

-

-

-

-

-

-

*2010 : JAN-OCT NOTE : 1. INDIA : TATA, Sales only in 1980 2. MALAYSIA : PROTON, Sales since 2006 3. CHINA : CHERY, Sales since 2006 & FOTON since 2009 4. INDONESIA : TIMOR, No sales in 2010 & PERKASA, Sales only in 2000

16

DOMESTIC MARKET BY COUNTRY OF BRAND

NO.

COUNTRY

NUMBER OF BRAND 2009

NUMBERS OF BRAND 1976

1980

1996

2001

2005

2008

2009

1

JAPAN

12

59.197

151.231

302.840

270.112

505.934

579.371

461.369

2

EUROPE

8

11.002

9.172

13.202

8.869

4.872

4.120

4.773

3

USA

2

2.239

11.804

7.430

2.438

7.812

10.656

8.960

4

KOREA

2

-

-

2.521

16.024

15.060

7.681

5.862

5

MALAYSIA

1

-

-

-

-

-

1.089

2.150

6

CHINA

2

-

-

-

-

-

853

434

7

INDONESIA

0

-

-

6.042

2.188

239

4

-

8

INDIA

0

-

78

-

-

-

-

-

72.438

172.285

332.035

299.631

533.917

603.774

483.548

TOTAL

17

INDONESIA AUTOMOTIVE MARKET & FORECAST

1500

1.500

(X 1000 unit)

OPT

1400

1.300

1300

NOR

1.200

1200 1100

980

1000

780

800

860

700

750

700 600 500

1.000

850

900

483

604

534 433

387

400

301

300

318

300

680

650

483

354 319

200

94

100

58

0 '97

'98

'99

'00

'01

'02

'03

'04

'05

'06

'07

'08

'09

'10

'11

'12

'13

'14

'15

18

Indonesian Automotive Taxation Structure IMPORT DUTY AFTA CATEGORY

NON AFTA

LUXURY TAX

DESCRIPTION CBU & CKD

CBU

CKD IKD

Normal

EPA

FTA

40%

40%

Normal

EPA

FTA

CC < 1.5 lt ( P / D )

SEDAN TYPE

1.5 lt < CC < 3.0 lt(P) / < 2.5lt( D )

7,5% 0%

10%

40%

6%

5%

30% 40%

n/a CC > 3.0 lt ( P) / >2.5 ( D )

6%

CC < 1.5 lt ( P / D )

40%

5%

75% 10%

40%

1.5 lt < CC < 2.5 lt(P) / < 2.5lt( D )

20%

33%

4X2 TYPE

2.5 lt < CC < 3.0 lt(P)

0%

40%

10%

CC > 3.0 lt ( P )

6%

CC >2.5 ( D )

27%

CC < 1.5 lt ( P / D )

40%

6%

5%

7,5%

5%

40% 75% 30%

40%

4X4 TYPE

1.5 lt < CC < 3.0 lt(P) / < 2.5lt( D )

0%

40%

15%

33%

CC > 3.0 lt ( P) / >2.5 ( D )

6%

5%

GVW < 5 ton ( P )

6%

5%

24%

40%

6%

5%

24%

40

0%

3%

5%

0%

40%

40%

10%

6%

GVW < 5 ton ( D ) 40%

BUS

GVW 5 - 24 ton ( P )

0%

GVW 5 - 24 ton ( D )

PICK UP/TRUCK

GVW > 24 ton ( P/D )

10%

GVW < 5 ton ( P/D )

45%

GVW 5 - 24 ton ( P/D )

0%

GVW > 24 ton ( P/D ) DOUBLE CABIN 4X2 & 4X4

5%

GVW < 5 ton ( P/D ) for all CC

0%

5%

n/a

40% 75%

10%

6%

40% 10%

0%

3%

5%

0%

40%

40%

40%

10%

6%

5%

0%

0%

5%

0%

0%

5%

7,5%

20%

19

GABUNGAN INDUSTRI KENDARAAN BERMOTOR INDONESIA / THE ASSOCIATION OF INDONESIA AUTOMOTIVE INDUSTRIES