Automotive

The rupiah's slide to Rp17,500 per US dollar is hitting credit car buyers hardest. Cheap cars and LCGC models are the segments most exposed to possible price and installment rises.

May 13, 2026 በAI የተዘገበ

Hyundai Motor Group announced on May 13 it will join a government-led autonomous vehicle project in Gwangju. Hyundai Motor and Kia will develop around 200 vehicles based on the Ioniq 5.

Stellantis and Leapmotor announced today an expansion of their strategic alliance, including production of a new Opel electric model at the Figueruelas plant in Zaragoza starting in 2028.

May 06, 2026 በAI የተዘገበ

A vehicle is receiving the first fully electronic braking system as part of an ongoing development project.

At the Auto China 2026 in Beijing, Chinese firms like BYD and Geely unveiled advanced electric vehicles with up to 950 km range and fast charging. Some models could reach Mexico, though they target the Chinese market primarily. The US has blocked Chinese car sales.

April 30, 2026 በAI የተዘገበ

PT Mitra Pinasthika Mustika Tbk (MPMX) reported a net profit of Rp173 billion in Q1 2026, up 8% year-over-year despite a 4% decline in net revenue to Rp4.0 trillion. The company improved operational efficiency amid economic slowdown in the automotive sector. Group CFO Beatrice Kartika expressed optimism about sustained performance resilience.