0GABUNGAN INDUSTRI KENDARAAN BERMOTOR INDONESIA / TH E ASSOCIATION OF INDONESIA AUTOMOTIVE INDUSTRIES

EU – Indonesia Business Dialogue 2010Jakarta, 29-30 November 2010

1

GABUNGAN INDUSTRI KENDARAAN BERMOTOR INDONESIA / TH E ASSOCIATION OF INDONESIA AUTOMOTIVE INDUSTRIES

EU – Indonesia Business Dialogue 2010Jakarta, 29-30 November 2010

HISTORY & PROSPECT OF FOREIGN COOPERATIONHISTORY & PROSPECT OF FOREIGN COOPERATIONININ

INDONESIA AUTOMOTIVE MARKETINDONESIA AUTOMOTIVE MARKET

OUTLINE

2

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 1999-2010

8. MARKET SHARE BY BRAND & COUNTRY

9. MARKET FORECAST 1997-2015

10. INDONESIAN AUTOMOTIVE TAXATION STRUCTURE

GOVERNMENT POLICY (1)

3

1. Period 1969 - 1979 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

GOVERNMENT POLICY (2)

4

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, andencourage 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%.

GOAL

STRATEGY

Automotive Industry with high efficiency & strongglobal competitiveness

Focus on Component Industries

Enhance the development of SmallCommercial Car, MPV (< 5 tons)

& Motorcycle industries

Develop passenger car industry < 1.500 CC

POLICIES Increasing the export market

Fostering the Industry’s structure

Opening the domestic market

AUTOMOTIVE INDUSTRY POLICYIN INDONESIA 1999

5

GOVT POLICY & DOMESTIC AUTO MARKET1976 - 2010

6Blue : Government Policy/RegulationsGreen : Economic & Political Milestones

72 88 103 103172

208 189152 152

144162 160 158 178

275 261

170211

322341 332

387

58 94

301 300318

354

483534

319

433

604

483

700

0

100

200

300

400

500

600

700

800

900

1000

'76 '77 '78 '79 '80 '81 '82 '83 '84 '85 '86 '87 '88 '89 '90 '91 '92 '93 '94 '95 '96 '97 '98 '99 '00 '01 '02 '03 '04 '05 '06 '07 '08 '09 '10

168/M/SK/9/79

Rp Devaluation31,0%[86]

Rp Devaluation27.5%[83]

117/M/SK/4/86

111/M/SK/10/90

General &Presidential Elections

[04]

PP.59 '99PAKJUN '99

PP.43 '03411/MPP/KEP/06/03458/MPP/KEP/07/03KEPMEN LH 141/03

024/SK/ILMEA/XI/2003

KEPPRES 20/98KEP :19/MPP/KEP/9820/MPP/KEP/98

307/M/SK/8/76

Global Economic

Crisis[08]

New BankingRegulation

[89]

349/M/SK/8/80

PAKJUN '96PP.36 '96

KEPPRES 42 '96INPRES No. 2 '96

PP.145 '0049/MPP/KEP/2/00

569/KMK.04/0097/KMK.05/00

756/MPP/KEP/11/02

12/M- IND/PER/3/200607/M-DAG/PER/3/200606/M-DAG/PER/3/2006

PM LH 05/2006

VOLUME(X 1.000 UNIT)

EconomicCrisis[98]

231/M/SK/11/78

70/PMK.011/200843/M-IND/PER/7/08

44/M-DAG/PER/10/0832/PMK.04/2008

34/PMK.011/0734/M-IND/PER/4/07

49/M-DAG/PER/12/07PM DAGRI No. 9/2007

132/PMK.010/05

586/PJ/01460/KMK.03/01

PP.60 '01172/MPP/05/01PAKMEI '95

PAKJUN '93

201/KPB/VII/92107/M/SK/VII/92

371/M/SK/9/83

Fuel Price Increase

[05]

General & PresidentialElections

[99]

National CarProgram

[96]

Tight MoneyPolicy (TMP)

[87]

General &Presidential Elections

[09]

Tight MoneyPolicy (TMP)

[91]

DOMESTIC MARKET IN INDONESIA1999 - 2004

7

1999 2000 2001 2002 2003 2004

CC < 1.5 lt (G/D) 1.311 34.352 27.541 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

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

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

1.5 lt < CC < 3.0 lt (P) / 2.5 (D) 1.215 2.825 2.186 302 463 982

CC > 3.0 lt (P) / 2.5 (D) 426 813 382 514 647 260

1.641 3.638 2.568 816 1.110 1.242

5 Ton < GVW < 24 Ton (P/D) 659 1.505 1.773 2.063 1.529 2.153

GVW > 24 Ton (P/D) - - - - - -

659 1.505 1.773 2.063 1.529 2.153

GVW < 5 Ton (P/D) 10.932 35.611 50.760 60.527 65.771 92.899

GVW 5 - 10 Ton (P/D) 29.266 40.380 45.951 52.001 63.524

GVW 10 - 24 Ton (P/D) 12.554 4.964 5.135 4.674 4.298 4.416

GVW > 24 Ton (P/D) 229 873 648 541 1.064 3.162

23.715 70.714 96.923 111.693 123.134 164.001

GVW < 5 Ton (P/D) - - 2 2.221 3.898 4.129

For all CC

- - 2 2.221 3.898 4.129

93.813 300.965 299.599 317.748 354.629 483.148

4.

5.

6.

BUS

PICK UP/TRUCK

DOUBLE CABIN

Sub Total

Sub Total

Sub Total

Sub Total

SEDAN TYPE

4X2 TYPE

4X4 TYPE

Sub Total

CATEGORYYEAR

DOMESTIC MARKET

1.

2.

3.

Sub Total

220,8% -0,5% 6,1% 11,6% 36,2%

INDONESIA MACRO ECONOMICRECORD & ASSUMPTION

8

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

ANNUAL CAPACITY – ASSET – LABOUR

9

TOTAL ASSET LABOURShift (Unit) (Rp Bill) (Person)

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. PT. ANDI (NISSAL DIESEL) 1 (6.500) 328 (103)

26.962 NoteNot included other general assembler

NO. COMPANY

TOTAL

ANNUAL CAPACITY

888.000

DOMESTIC MARKET IN INDONESIA2005 – 2010*

10

2005 2006 2007 2008 2009 2010 *

CC < 1.5 (G/D) 25.006 10.241 16.207 18.753 11.779 13.701

1.5 < CC < 3.0 (G) / 2.5 (D) 10.164 7.188 10.974 15.284 10.068 11.310

CC > 3.0 (G) / 2.5 (D) 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

CC < 1.5 (G/D) - - - - - -

1.5 < CC < 3.0 (G) / 2.5 (D) 1.663 1.029 1.479 1.707 1.653 2.264

CC > 3.0 (G) / 2.5 (D) 132 159 176 470 561 544

1.795 1.188 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

GVW > 24 Ton (G/D) - - - - - -

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) 3.946 2.614 5.774 10.088 6.028 9.479

161.249 89.540 108.558 161.747 114.155 149.541

GVW < 5 Ton (G/D) 6.057 5.416 8.314 13.899 9.969 10.474

For all CC

6.057 5.416 8.314 13.899 9.969 10.474

533.917 318.904 433.341 603.774 486.088 556.196 *2010 : JAN-SEP

4X4 TYPE

Sub Total

4.BUS

Sub Total

5.PICK UP/TRUCK

Sub Total

DOMESTIC MARKET

6.DOUBLE CABIN

Sub Total

2.4X2 TYPE

Sub Total

3.

CATEGORY

1.SEDAN TYPE

Sub Total

YEAR

-40,3% 35,9% 39,3% -19,5% 14,4%

EXPORT – IMPORT1999 – 2010*

11

EXPORTS 1999 2000 2001 2002 2003 2004

3.527 47.001 323 1.258 2.046 9.572

- - 49.329 53.011 52.102 65.845

- - - - - 447.420

IMPORTS 1999 2000 2001 2002 2003 2004

- - 16.617 4.100 14.632 32.250

EXPORTS 2005 2006 2007 2008 2009 2010 *

17.805 30.974 60.267 100.982 56.669 56.282

103.370 105.917 105.642 103.710 53.140 42.260

380.371 285.124 290.475 311.066 232.648 268.401

IMPORTS

31.760 33.663 55.112 72.646 32.678 59.227

*2010 : JAN-SEP

COMPONENTS EXPORT (PIECES)

CBU IMPORT (UNITS)

CBU IMPORT (UNITS)

CBU EXPORT (UNITS)

CKD EXPORT (SETS)

CBU EXPORT (UNITS)

CKD EXPORT (SETS)

COMPONENTS EXPORT (PIECES)

MPV LOCAL COMPONENTS

12

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

13

DOMESTIC MARKETBY BRAND 1976 - 2000

14

1976 1980 1996 1997 1998 1999 2000UNIT UNIT UNIT UNIT UNIT UNIT UNIT

1 J A P A N 59.197 151.231 302.840 346.465 50.649 84.935 272.809 1 TOYOTA 16.685 50.008 74.570 103.049 16.523 26.607 90.144 2 DAIHATSU 7.312 21.246 35.392 33.164 4.593 9.157 28.237 3 MITSUBISHI 22.186 57.260 76.254 70.092 8.970 24.414 65.425 4 SUZUKI - 8.113 57.395 64.071 7.641 11.403 46.069 5 HONDA 5.507 4.837 6.357 6.815 990 1.220 8.695 6 NISSAN 4.458 3.712 2.385 5.565 955 326 938 7 ISUZU 366 5.158 42.967 50.353 8.966 9.642 29.014 8 HINO 387 245 3.191 4.657 325 1.028 2.862 9 MAZDA 1.925 139 1.884 5.227 1.457 588 352

10 UD NISSAN DIESEL 91 513 2.445 3.472 229 550 1.073 11 SUBARU 280 - - - - - -

2 EUROPE 11.002 9.172 13.202 12.653 2.381 2.418 6.657 1 MERCEDES BENZ 2.399 4.243 7.322 5.716 740 1.119 3.200 2 B M W - 201 3.788 4.114 908 570 2.403 3 VOLKSWAGEN 3.619 1.735 - - 133 196 88 4 AUDI - - - 285 126 133 194 5 PEUGEOT 1.111 525 1.401 1.805 340 326 469 6 LAND ROVER - 325 3 - - - 91 7 JAGUAR - - - - - - 52 8 VOLVO - - 688 733 134 74 160 9 MORIS - 42 - - - - -

10 HOLDEN 1.174 56 - - - - - 11 LEYLAND - 4 - - - - - 12 CITROEN 485 1.224 - - - - - 13 BERLIET - 173 - - - - - 14 STEYR 17 19 - - - - - 15 ALFA ROMEO 508 - - - - - - 16 MOSKVITCH 342 - - - - - - 17 DAC 4 34 - - - - - 18 ARO 12 14 - - - - - 19 SEMERU - 13 - - - - - 20 BEDFORD - 60 - - - - - 21 MORINA - 55 - - - - - 22 OPEL - 96 - - - - - 23 RENAULT 426 135 - - - - - 24 FIAT 905 218 - - - - -

3 U S A 2.239 11.804 7.430 8.441 2.515 2.038 5.454 1 FORD 1.505 811 3.651 4.307 1.302 230 78 2 CHEVROLET - 9.745 3.779 4.134 1.213 1.808 5.376 3 VALIANT 16 42 - - - - - 4 DODGE 325 93 - - - - - 5 JEEP 180 1.113 - - - - - 6 SIMCA 162 - - - - - - 7 CHRYSLER 32 - - - - - - 8 WAGONEER 19 - - - - - -

4 K O R E A - - 2.521 4.571 333 1.335 7.425 1 KIA - - - - - - - 2 HYUNDAI - - 2.056 3.772 175 1.059 7.245 3 SSANGYONG - - - 60 51 131 30 4 DAEWOO - - 465 739 107 145 150

5 INDIA - 78 - - - - - 1 TATA - 77 - - - - - 2 MAHINDRA - 1 - - - - -

6 INDONESIA - - 6.042 19.471 2.493 3.087 8.620 1 TIMOR - - 6.042 19.471 2.493 3.087 8.530 2 PERKASA - - - - - - 90

72.438 172.285 332.035 391.601 58.371 93.813 300.965 DOMESTIC MARKET

DOMESTIC MARKETBY BRAND 2001 - 2010

15

2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 *UNIT UNIT UNIT UNIT UNIT UNIT UNIT UNIT UNIT UNIT

1 J A P A N 270.112 291.282 324.187 452.004 505.934 304.918 411.289 579.371 461.369 598.628 1 TOYOTA 80.069 84.297 100.860 141.940 182.765 123.698 150.631 211.909 186.687 234.294 2 DAIHATSU 20.592 20.288 21.698 47.621 48.762 33.021 51.957 78.041 77.513 93.198 3 MITSUBISHI 66.105 75.390 77.104 89.590 89.158 47.023 61.547 87.524 61.735 87.750 4 SUZUKI 53.187 63.515 70.154 82.242 87.274 44.760 58.095 73.067 44.689 58.041 5 HONDA 11.510 13.113 21.650 46.500 53.750 30.000 40.000 52.500 39.570 50.428 6 NISSAN 2.863 3.559 6.720 12.201 10.551 4.006 19.030 31.879 21.440 30.229 7 ISUZU 31.301 26.335 19.779 23.452 25.010 16.605 18.270 25.325 15.236 19.782 8 HINO 3.035 3.436 4.366 6.401 6.145 4.193 8.224 14.227 11.390 17.580 9 MAZDA 243 249 550 365 652 203 1.336 2.241 1.542 4.896

10 UD NISSAN DIESEL 1.207 1.100 1.306 1.692 1.867 1.380 2.115 2.391 1.298 2.146 11 LEXUS - - - - - 5 46 241 235 284 12 SUBARU - - - - - 24 38 26 34 -

2 EUROPE 8.859 7.658 7.523 6.361 4.872 2.041 3.602 4.120 4.773 5.278 1 MERCEDES BENZ 3.120 2.874 2.726 2.513 2.443 914 2.022 2.872 3.450 3.783 2 B M W 2.893 1.996 2.041 2.053 1.257 600 1.000 720 901 1.030 3 VOLKSWAGEN 111 194 234 96 228 150 208 200 176 181 4 AUDI 215 198 157 159 120 90 110 112 110 112 5 PEUGEOT 2.205 1.690 1.513 821 486 118 85 59 44 82 6 LAND ROVER 29 56 94 110 85 54 77 52 32 48 7 JAGUAR 110 159 203 133 61 27 32 39 35 33 8 VOLVO 131 289 346 337 143 69 60 62 25 6 9 BENTLEY - - - - - - - - - 3

10 RENAULT 45 202 209 139 49 19 8 4 - - 3 U S A 2.438 4.189 8.050 10.475 7.812 4.340 7.801 10.656 8.960 9.627

1 FORD 54 1.587 4.046 6.097 5.727 3.515 6.405 7.999 6.348 5.715 2 CHEVROLET 2.384 2.602 4.004 4.378 2.085 825 1.396 2.657 2.612 3.912

4 K O R E A 16.024 14.092 14.526 14.032 15.060 6.861 8.064 7.681 5.862 9.297 1 KIA 6.534 5.504 5.217 6.211 8.668 3.852 4.039 3.880 3.195 5.101 2 HYUNDAI 8.855 8.252 9.097 7.745 6.391 3.003 4.020 3.800 2.667 4.196 3 SSANGYONG 29 154 126 76 1 6 5 1 - - 4 DAEWOO 606 182 86 - - - - - - -

5 MALAYSIA - - - - - 305 1.584 1.089 2.150 1.927 1 PROTON - - - - - 305 1.584 1.089 2.150 1.927

6 CHINA - - - - - 269 759 853 434 568 1 CHERY - - - - - 269 759 853 407 433 2 FOTON - - - - - - - - 27 135

7 INDONESIA 2.166 527 343 276 239 170 242 4 - - 1 TIMOR 2.045 395 306 276 239 170 242 4 - - 2 PERKASA 121 132 37 - - - - - - -

299.599 317.748 354.629 483.148 533.917 318.904 433.341 603.774 483.548 625.325

* 2010 : JAN-OCT

DOMESTIC MARKET

NUMBER OF BRANDBY COUNTRY

16

1976 2000 2005 2006 2008 2010 *

1 JAPAN 10 10 10 12 12 11

2 EUROPE 12 8 9 9 9 9

3 U S A 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 19802. MALAYSIA : PROTON, Sales since 20063. CHINA : CHERY, Sales since 2006 & FOTON since 20094. INDONESIA : TIMOR, No sales in 2010 & PERKASA, Sales only in 2000

NUMBERS OF BRANDNO. COUNTRY

DOMESTIC MARKETBY COUNTRY OF BRAND

17

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 U S A 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

NO. COUNTRYNUMBER OF BRAND 2009

NUMBERS OF BRAND

TOTAL

18

387

58

94

301 300318

354

483 534

319

433604

483

700 780

850

980

1.200

1.500

650 680

750

860

1.000

1.300

0

100

200

300

400

500

600

700

800

900

1000

1100

1200

1300

1400

1500

'97 '98 '99 '00 '01 '02 '03 '04 '05 '06 '07 '08 '09 '10 '11 '12 '13 '14 '15

(X 1000 unit)OPT

NOR

INDONESIA AUTOMOTIVE MARKET & FORECAST

19

Indonesian Automotive Taxation Structure

AFTA

Normal EPA FTA Normal EPA FTA

CC < 1.5 lt ( P / D ) 7,5% 30%

1.5 lt < CC < 3.0 lt(P) / < 2.5lt( D ) 40%

CC > 3.0 lt ( P) / >2.5 ( D ) 6% 5% 75%

CC < 1.5 lt ( P / D ) 40% 10%

1.5 lt < CC < 2.5 lt(P) / < 2.5lt( D ) 20%

2.5 lt < CC < 3.0 lt(P) 40%

CC > 3.0 lt ( P ) 6%

CC >2.5 ( D ) 27%

CC < 1.5 lt ( P / D ) 40% 30%

1.5 lt < CC < 3.0 lt(P) / < 2.5lt( D ) 33% 40%

CC > 3.0 lt ( P) / >2.5 ( D ) 6% 5% 75%

GVW < 5 ton ( P ) 6% 5%

GVW < 5 ton ( D ) 24% 40%

GVW 5 - 24 ton ( P ) 6% 5%

GVW 5 - 24 ton ( D ) 24% 40

GVW > 24 ton ( P/D ) 10% 0% 3% 5% 0%

GVW < 5 ton ( P/D ) 45%

GVW 5 - 24 ton ( P/D ) 40%

GVW > 24 ton ( P/D ) 10% 0% 3% 5% 0%

DOUBLE CABIN

4X2 & 4X4

GVW < 5 ton ( P/D )

for all CC0% 40% 40% 40% 10% 6% 5% 7,5% 20%

0%

n/a

40% 40%

40%

40%

CBU &

CKD

0%

75%

0%

0%40% 40%

5%

10%

6%

6%

5%

10%

10%

15%

10%

6%

40%

0%

0%40%

5%

5%

5%

5%

5%

6%

0%

7,5%

n/a

NON AFTA

CBU CKD

LUXURY

TAX

IKD

33%

SEDAN TYPE

4X2 TYPE

4X4 TYPE

BUS

PICK UP/TRUCK

IMPORT DUTY

40%0%

0% 40%

CATEGORY DESCRIPTION

GABUNGAN INDUSTRI KENDARAAN BERMOTOR INDONESIA / TH E ASSOCIATION OF INDONESIA AUTOMOTIVE INDUSTRIES