Automotive STMicroelectronics
Impressed by the quality of the car, Budi founded the PT Ratna Dewi Motor Coy to retail Toyota cars. In 1981, the Government declared that no engine built in Indonesia was to be of less than one liter’s displacement by 1985. As a result, manufacturers of local microvans and trucks scrambled to install Automotive larger engines. Daihatsu and Suzuki already manufactured suitable engines for other vehicles, but Mitsubishi did not and used a Daihatsu engine for a few years, while Honda withdrew from the mini pick-up/microvan segment. In October 1982, the VAT on certain diesel vehicles were raised …