Contents :
INDONESIA FACING THREAT OF GLOBAL ECONOMIC RECESSION ...1
Global Economic Recession Potential ...2
Indonesia’s Economic Resilience ...3
Recession Threat Calls for Continued Addressing...9
 INDUSTRY PROFILE
DEVELOPMENT OF AUTOMOTIVE INDUSTRY IN INDONESIA ...10
Backgrounds ...10
Indonesia’s car production capacity 2.1 million units per year ...11
Development of Electric Cars ....18
Tax on Carbon Emission Replacing PPnBM ...19
Government Regulation (PP) ...19
Presidential Regulation (Perpres) ...21
Electric cars PPnBM only for domestic products ...22
Investment plans of automobile principals ...22
Production by Categories ...24
Production by brands and models/types ...25
Sales shoot up 66.8 percent in 2021 ....29
Car Exports Rising ...34
Developments of car imports ....36
Developments of imports of cars in CBU by brands .....38
Sales projection ...39
Conclusion and Prospects ....40
 COMPANY PROFILE
INDOMOBIL GROUP ...42
Backgrounds ...42
Automotive spare parts ...46
Financial service ...46
Contracting Services ....47
Manufacture ...48
 CORPORATE NEWS IN BRIEF
Indika developing business in environmentally friendly electric vehicle industry ...50
PT Citra Tubindo Tbk expanding business to new and renewable energy sector. ..50
PT Vale Indonesia Tbk. hopes to post an increase in production ...51
Operation of LRT Jabodebek rescheduled again ....52
The Sinar Mas Group to strengthen business in data center ....52
Krakatau Steel Sets Net Profit Target at Rp941.4 billion in First Half of 2022 ..53
PT PP wins new contracts worth Rp10.93 trillion in first half of 2022.....54
 ECONOMIC NEWS IN BRIEF
Sales of automotive products slowed by shortage in semi-conductor supply ...56
INSA Sees no Shipping Problem for CPO Export ....59
348 Development Wells Already Drillid Until June, 2022....59
 DIRECTORY
DIRECTORY OF AUTOMOTIVE COMPANIES IN INDONESIA ....61
 APPENDICES
1. FINANCIAL INDICATORS ...68
2. ECONOMIC INDICATORS...69
3. INDONESIA'S BALANCE OF PAYMENTS ...69
4. GROSS DOMESTIC PRODCT ...71
5. FOREIGN EXCHANGE (RUPIAH) ...72
6.INDONESIA ECONOMIC TREND ...73