Indonesia’s Car Ownership Ratio Lags Behind Malaysia, Says Industry Minister
Indonesia’s Car Ownership Gap: Exploring Opportunities and Challenges As the Minister of Industry, Agus Gumiwang Kartasasmita highlighted during the Indonesia International Motor Show (IIMS) in 2025, Indonesia’s car ownership ratio significantly lags behind its neighboring countries. With only 99 units per 1,000 people, the nation’s automotive landscape presents a unique challenge yet an immense opportunity. … Read more