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Daihatsu and Toyota form new cooperative business in Indonesia; new compact Daihatsu and Toyota models
19 September 2012
Daihatsu Motor and Toyota Motor are forming a new cooperative business in Indonesia, under which the two companies are to respectively market a new Daihatsu-brand and Toyota-brand compact car there. The two new vehicles are based on the expertise cultivated for the Daihatsu “Mira e:S” (earlier post) representing part of Daihatsu’s efforts in making fuel-efficient, affordable, compact cars.
The Daihatsu Ayla and Toyota Agya have been designed in consideration of the Low Cost Green Car (LCGC) policy, which is currently under Indonesian government review. Daihatsu is to supply Toyota with the Agya under an OEM arrangement.
Vehicle planning and development is to be carried out by Daihatsu, while production is to take place at the new Suryacipta, Indonesia factory of P.T. Astra Daihatsu Motor, an Indonesian subsidiary of Daihatsu. Both the vehicles are planned for display at the Indonesia International Motor Show in September as models planned for sale in Indonesia.
As ASEAN countries increase their importance as core markets for growth, Indonesia, with its continuous high growth, is an extremely important market for Daihatsu and Toyota.
Through the introduction of new vehicles, Daihatsu and Toyota aim to create a new market for a family car (1,000 cc) directed at entry-level users in the Indonesian market where multi-purpose vehicles are the mainstream.
September 19, 2012 in Brief | Permalink | Comments (3) | TrackBack (0)
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This may become the type of vehicles that the 47% could afford now and the 97% may be able to afford in the not too distant future?
Posted by: HarveyD | September 19, 2012 at 10:36 AM
HarveyD, is that before or after the taxes withheld from the 47% who never pay federal income taxes?
Posted by: kelly | September 19, 2012 at 01:29 PM
kelly...most of the 47% do not pay much income taxes because they do not INCOME. However, too many of the 3% get away paying lower income tax rates than their secretary. That is a real shame. Many of the 3% get away without paying any income taxes and one wants to become Big Chief to pass it on to all others.
Now if the poor (47%) do not pay income taxes (which is understandable) and the top 3% with over 60% of all income find ways to avoid paying income taxes (which is a real shame), the remaining middle class (50%) will have to be highly taxed to pay for all services, including services to the 3% (which would be highly shameful)?
However, that's what may take place in the next 4+ years. If it does, the 47% will grow and the 50% will progressively move down and join the 47%. Eventually, the nation will be composed of two groups, the poor (97%) and the new Lords and Kings (3%) just like it was 400+ years ago. Is that what the majority really wants?
Posted by: HarveyD | September 20, 2012 at 09:18 AM