DENNYS KAPA AND ARADHANA ARAVINDAN

In emerging Indonesia, Honda's Mobilio muscles in on Toyota's turf
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In emerging Indonesia, Honda's Mobilio muscles in on Toyota's turf

Honda Motor's (7267.T) Mobilio, a spacious yet affordable multi-purpose vehicle (MPV), has nearly doubled its market share this year, triggering a price war with Toyota Motor (7203.T) in Indonesia, the latest battleground for global carmakers.

By DENNYS KAPA AND ARADHANA ARAVINDAN

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