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The authorities set several terms and circumstances for the manufacturing of LCGCs. For example, gasoline consumption is required to be set no less than 20 kilometers per liter whereas the automotive must consist – for eighty five % – of locally manufactured elements . In exchange, the LCGCs are exempted from luxury items tax, which permits producers and retailers to set cheaper costs. Due to the better monetary policy and the tip of the economic slowdown in 2016 (GDP development accelerated to 5.02 % y/y), Indonesian automobile sales finally…