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On this episode of the CAR Podcast, Bernard and Edgar take a look at September sales results and what they bode for the coming year. They also continue the conversation on the Inflation Reduction Act and its implications for investment levels the industry is likely to see. The World Wide Web is the most interoperable system available for application developers.
When gross domestic product growth boosts people’s purchasing power while consumer confidence is strong, people are willing to buy a car. However, in times of economic uncertainty (slowing economic expansion and reduced optimism – or pessimism – about future personal financial situations) people tend to postpone the purchase of relatively expensive items such as a car. While Indonesia has a well developed MPV and SUV manufacturing industry, the nation’s sedan industry is underdeveloped. This is a true missed opportunity in terms of export …