Geely Automobile is definitely looking at making some serious inroads in Indonesia. The company has been selling its cars in the country since April 2010, and through its local subsidiary Geely Mobil Indonesia now has 18 dealerships across the country, with two new ones to come about this year.
Now, reports say that it is planning to build its own assembly plant there, which will be located in Cikarang, Bekasi in West Java. Land clearing for the site is being carried out now, and when completed – at a cost of between US$30 million to US$50 million – the plant will start assembling Geely products in 2015.
Currently, the company sells the Panda hatchback as well as the MK sedan and MK2 hatchback in Indonesia, the latter two being assembled locally at an Astra International plant in North Jakarta. It showcased its latest product for the market, the Panda LC Cross, at the IIMS in Jakarta last week. Looking to be very depanda-ble as a player in Indonesia, the brand is.
© 2011 Paul Tan's Automotive News. All Rights Reserved.
This story originally appeared on Paul Tan's Automotive News on Mon, 25 Jul 11 03:27:49 +0000.
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