Increasing Digitisation, Positive Outlook for E-Vehicles, Revision of Down payments, Expanding Population and Lower Interest Rates will drive Indonesia Auto Finance Market: Ken Research Increasing Digitization: Multi-finance companies today offer convenient facilities in terms of online presence. Automotive Financing Companies are increasingly moving towards higher technological advancements to improve operational profits as well as customer experience, which includes digital installment payment system, zero or very less face-to-face dealing, and simpler procedure, e.g. – Kredit Pintar. Car dealerships are expected… Read More »
Indonesia Auto Finance Market is in Growing Stage with Banking Institutions & NBFCs leading the market & Online Aggregator Platforms entering the Market: Ken Research 1. Import & Export of Indonesia are picking up pace after the Global pandemic in 2020; Japan being the major contributor in the imports Indonesia’s entire automotive industry is centered around Bekasi, Karawang & Purwakarta regions in West Java, located near the capital city, Jakarta where the demand for cars is relatively on a higher… Read More »
Rising Automobile Aggregators, Increasing Customer Expenditure with Growing Digital Advancement and Government Initiative had driven Indonesia Auto Finance Market: Ken Research Rising Automobile Aggregators: Innovative digital startups such as Cermati are reshaping the challenging automotive shopping and financing process into a quick and easy experience for customers by creating an auto finance ecosystem where specialized players occupy the various parts of the value chain. In the West Java Region, various big global car-makers invested in industrial… Read More »
