27 Feb '15, 10am

General Motors to close Indonesian plant in June, stop Chevrolet Sonic production in Thailand

General Motors to close Indonesian plant in June, stop Chevrolet Sonic production in Thailand

As part of a move to restructure its global operations, General Motors has announced its decision to shut its Bekasi, Indonesia plant by end-June, cutting about 500 jobs in the process, and transition to a national sales company in the republic. GM will also cease making the Chevrolet Sonic in Thailand by mid-year, and reposition the bowtie brand in some South East Asian markets as an SUV and truck maker. The news comes two years after the company decided to stop its Australian operations – production is slated to cease there in 2017. Opened in 1995 outside Jakarta, the Bekasi plant produces the Chevrolet Spin for Indonesia and other ASEAN markets, but the seven-seater failed to garner enough sales to justify GM’s continued operation of the plant, which was idle from 2005 to 2013. GM also cites higher material costs and limited access to local parts suppliers. GM Indonesia...

Full article: http://paultan.org/2015/02/27/general-motors-close-indone...

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