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Home  >>  Daily News  >>  Indonesia News  >>  Automotive  >>  Indonesia: Toll fee hike to push up car prices

NEWS UPDATES 24 September 2009

Indonesia: Toll fee hike to push up car prices

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The country’s leading automotive association said Wednesday car prices would increase to reflect the raising of fares Monday on 10 toll roads, reported Jakarta Post.

The daily quoted Indonesian Automotive Association (Gaikindo) chairman Jongkie D Sugiharto as saying the new fares would increase the transportation costs for car components supplied by subcontractors to car manufacturers.

"In the end, car prices will go up," he was quoted by kompas.com, an Indonesia online news website.

The 10 affected toll roads are the Jakarta-Merak highway, Surabaya-Gempol, Padalarang, Cileunyi, Cawang-Tomang-Pluit, Belawan-Medan-Tanjung Morawa, Ulujami-Pondok Aren, Palimanan-Kanci, Semarang, Cawang-Tanjung Priok-Jembatan Tiga.

The toll road fares will be increased 12.74 percent to 18.56 percent from the present fares.

 


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