GM Working On MPV For Southeast Asia
It seems that General Motors wants a bigger piece of the Southeast Asian pie and for this reason they’ve started working on a new line of people movers. At first they will roll out a 7-seat passenger van which will be launched sometime in 2013. The car will be assembled in one of the company’s plants located outside of Jakarta which was closed in 2005.
GM stated that their intentions are to invest $150 million in the Bekasi plant and the annual production rate will be of 40,000 units. Their factory in Rayong, Thailand, is the company’s biggest in the region and it has an annual production level of 140,000 cars, where they roll out models like the Chevrolet Cruze, Aveo, Colorado and Captiva. They also have a plant in Hanoi, Vietnam that has an annual capacity of only 15,000 units and here they assemble cars like the Chevrolet Cruze and Captiva.
One reason why GM wants to increase production in that area is due to the fact that the car sales in Indonesia have gone up from 486,000 units in 2009 to last year’s 765,000 cars and experts say that for this year sales will reach the 900,000 mark.
The local market is dominated at the moment by the Japanese car manufacturers which are investing a lot of money in Indonesia, especially Daihatsu and Suzuki.
In 2010, General Motors only managed to sell 4,500 units in Indonesia but for this year they plan on selling about 6,000 cars.
Source: General Motors via Inside Line
Post tags: Tags: General Motors, southeast asia