GM Indonesia: Operations Not Affected By Principal's Problems
02 Juni 2009 - 4:39AM
Dow Jones News
GM Indonesia said Tuesday that its operations in the country
will not be affected by General Motors Corp.'s (GM) bankruptcy
filing.
"GM's assembly, production and supplying operations in Thailand
will continue to operate normally," GM Indonesia said.
GM Indonesia imports GM vehicles from Thailand as it hasn't
reopened its plant here since its closure several years ago.
GM filed for Chapter 11 bankruptcy protection Monday in the
largest-ever U.S. industrial bankruptcy case.
GM Indonesia's managing director Mukiat Sutikno said that its
dealers in Indonesia will remain in operation, adding it will open
two to three more dealerships in the country in the next three
months.
Sutikno said that GM Indonesia has sold 970 units of Chevrolet
in Indonesia so far this year, out of its target to sell 2,600
units for the entire year.
-By Linda Silaen; Dow Jones Newswires; 62-21 39831277;
I-Made.Sentana@dowjones.com