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Toyota Land Cruiser will stop production?

Jakarta (ANTARA) – Recently, news has emerged regarding the cessation of production of Toyota’s iconic vehicle, the Land Cruiser, in the United States market, The Drive reported on Monday.

This news is still confusing but is believed to come true, because in the US market where the trend for trucks and SUVs is increasingly skyrocketing, the Toyota Land Cruiser has failed to break sales of 4,000 units a year in that country since 2006.

Furthermore, General Manager of Ed Martin Toyota in Indianapolis, Eric Sarjeant, claimed that the Land Cruiser 200-Series would soon be withdrawn from the United States. The news was then posted on the IH8Mud Forum, a popular place for Land Cruiser owners.

Also read: Toyota sales are starting to recover, almost 90 percent from last year

Also read: Toyota GR Supra refreshed to be more powerful

Although that’s bad news for fans off-road, this makes sense from a business perspective. Toyota already sells essentially the same truck below the Lexus LX, and the price is much higher if the options add up. Despite these additional costs, the LX outsells the admittedly still expensive Land Cruiser every year.

It remains unclear whether the truck will continue to

Sinar Mas Land and Ararasa develop new mall “Eastvara”

Tangerang (ANTARA) – Sinar Mas Land together with Ararasa developed the newest mall in BSD City Tangerang Banten called EASTVARA on 4.8 hectares of land with the tagline “The Light of Asia” with a fresh, modern and aesthetic concept inspired by the exotic luxury of Asian culture.

“We are targeting this newest lifestyle commercial center to be operational in the second quarter of 2024,” said Commercial BSD Sinar Mas Land CEO Anna Budiman in her statement after the groundbreaking ceremony in Tangerang, Saturday.

He explained that demand for retail space and premium shopping centers had increased, so Sinar Mas Land together with Ararasa developed the newest mall. In the future, EASTVARA will have a large captive market because it is surrounded by 14 residential areas, 60 clusters, up to 10,000 densely populated houses and is dominated by young people/millennials.

Apart from that, the growth of the retail sector in Indonesia is starting to increase positively. This occurs as the economic sector begins to recover and community activities gradually return to normal.

Based on data reported by the Indonesian Retail Entrepreneurs Association (Aprindo), retail sales performance growth in 2023 could reach around four percent or in line with Indonesia’s economic growth