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Higher fuel prices expected to put Indonesia auto sales on slower path

2014-11-23 22:47:11| Auto Dealers - Topix.net

Indonesia's petrol-price hike could put the brakes on the speed at which consumers in Southeast Asia's biggest auto market buy cars and switch to four-wheels from two. President Joko Widodo last week cut subsidies and raised gasoline prices more than 30 percent to open the way for budget and other reforms.

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