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GM to stop sales of Spin in Indonesia
US auto giant General Motors (GM) has said it will stop selling minivan Spin following the closure of its plant in Bekasi, West Java, in June this year
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U
S auto giant General Motors (GM) has said it will stop selling minivan Spin following the closure of its plant in Bekasi, West Java, in June this year.
Despite the step, the firm vowed to guarantee service for minivans owned by Indonesian customers, General Motors Manufacturing Indonesia acting president director Pranav Bhatt said on Monday.
"We will continue to support our customers in Indonesia from an after-sales perspective," he told reporters at the Industry Ministry's offices.
Bhatt added that after it had transformed into a national sales company, GM's Indonesian unit would focus on sports utility vehicles and pick-ups.
GM last week announced it would stop manufacturing multi-purpose vehicle (MPV) Spin in Indonesia after feeling the heat from stiff competition in one of Southeast Asia's largest auto markets.
Earlier the firm said it would build a new plant through a US$700 million deal with Chinese partners SAIC Motor Corp and Wuling Motors, expected to produce low-cost and fuel-efficient Wuling-brand vehicles.
Bhatt further said that it might be possible for the new joint venture to use GM's existing assets in Indonesia after a study assessing the feasibility was carried out. (++++)
