Indonesia: A Furious Flap Over Favoritism

Indonesia's tax breaks for Korean cars have rivals fuming

A major Asian country has rigged its auto market. General Motors, Ford, and Chrysler, which had high hopes of cracking the market, are up in arms. The stakes are so high that U.S. Commerce Secretary Mickey Kantor was scheduled to visit in late June for a showdown with his trade counterparts.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.