Tag: Car Manufacturing
Indonesia Build Motor Vehicle Proving Ground to Support Export
JAKARTA (TheInsiderStories) - Indonesia plans to build an international standard motor vehicle “proving ground” to help the automakers capture the Southeast Asian market. The transportation ministry...
Tanuri Lift Ownerships in Salim Group’s Car Maker
JAKARTA (TheInsiderStories) - Indonesian businessman, Peter Tanuri, through his company, PT Bina Raya Perkasa, to absorbs new shares of car-maker, PT Indomobil Sukses Makmur Tbk (IDX:...
Nissan to Close Indonesian Manufacturing Facilities After Losses
JAKARTA (TheInsiderStories) - Japanese car maker, Nissan Motor Co., Ltd. close manufacturing facitilites in Indonesia and Spain after book a losses in 2019 and as part...
US’s General Motors Exit from Indonesian Market in March 2020
JAKARTA (TheInsiderStories) - United States (US) car producer, General Motors (GM) announced its plans to exit from Indonesian market by the end of March 2020,...
Honda Motor Targets Exports US$1.8B from Indonesia in 2021
JAKARTA (TheInsiderStories) – One of the car maker in Indonesia, PT Honda Prospect Motor (HPM) eyes export with worth of US$1.8 billion in 2021, said...
Insight: Measuring the Potential of Indonesian Automotive Industry
JAKARTA (TheInsiderStories) – Indonesian government’s steps in easing automotive export procedures is expected to speed up the growth of the industry. By the procedure...
Hyundai, VW Plan to Build Car Factory in Indonesia
JAKARTA (TheInsiderStories) - Two global car maker, Germany Volkswagen (VW) and South Korea' Hyundai Motor Corp., plans to build a car factory in Indonesia,...