South Korean automaker agrees collaboration with local defense contractor.

Buses to be produced locally for use on Transjakarta routes.

Ceremony held to celebrate 20-year partnership.

The Indonesian market for commercial vehicles over 2 tons gvw bounced by 10% year-on-year to 37,677 units in the fourth quarter of 2024 after plunging by 29% to 34,126 units a year earlier.

Sales of commercial vehicles over 2 tons gvw in East Asia’s seven main markets, excluding China, declined by 16% to 268,373 in the fourth quarter of 2024 from 319,099 units a year earlier.

New Jakarta office to strengthen marketing and sales operations.

The TransJakarta consortium aims to switch its entire fleet to zero emissions by 2030

Government aims to reduce CO2 emissions with increased use of biofuels in transportation

Commercial vehicle sales over 2 tons gvw improved by 12% to 34,394 unit in the third quarter of 2024, compared with the same quarter a year earlier when volumes plunged by 27% to 30,664 units.

Sales declined by 15% to 276,272 in the third quarter of 2024.

The Hilux Rangga, first unveiled at last year’s Gaikindo Indonesia International Auto Show, is based on the same IMV* platform as exiting Hilux pickup trucks but has a radical new body design.

The Indonesian market for commercial vehicles over 2 tons gvw continued to weaken in the second quarter of 2024, by 13% to 31,745 units from strong year-earlier sales of 36,474 units.