TEMPO Interactive, Jakarta:Trade Minister M.S. Hidayat has said that the government is conceiving the idea of producing cheap cars domestically.
The sedan will be a low cost green car and will be marketed at the price of around Rp80 million.
“This is our dream, after having an automotive industry assembling and export for 40 years. This is also for our national pride,” he said in Jakarta last week.
The sedan produced by the joint venture will have a specific capacity of 1.000 cc with a fuel consumption of 22 kilometer per liter.
Around 80 percent of its components are locally produced.
Hidayat said that he visited several renowned car producers abroad to discuss the plan.
He estimates that the Indonesian designed car will be completed by the end of the year.
According to Hidayat, the segment of sedan cars is still vast, especially for the middle-up class and young people. The amount produced would be 300-400.000 units.