Indonesia to produce green cars next year
Indonesian c armaker Suzuki Indomobil (SI) has announced that it is
ready to begin production of low-cost green cars (LCGCs) between April
and May 2014, following the completion of its new plant at the Greenland
International Industrial Centre in Cikarang, West Java.
Indonesian c armaker Suzuki Indomobil (SI) has announced that it is
ready to begin production of low-cost green cars (LCGCs) between April
and May 2014, following the completion of its new plant at the Greenland
International Industrial Centre in Cikarang, West Java.
SI, a joint venture between Suzuki Motor Corporation of Japan and Indomobil Group of Indonesia, plans to manufacture 100,000 LCGCs in the initial phase of production.
The new plant, worth 1 billion USD, will have an annual production capacity of around 150,000 to 200,000 units. Once fully operational in the first quarter of 2014, the plant is expected to help SI raise its production capacity, which now stands at 210,000 units per year.
According to Davy J. Tulian, SI’s sales director, his company’s target is to gain at least a 15 percent share in the country’s car market in 2013. With this goal, the company plans to sell 180,000 units this year, up from 126,577 units in 2012.
Several other joint ventures operating in the auto industry such as Astra Daihatsu Motor, Toyota Astra Motor and Nissan Motor Indonesia have also expressed their interest in joining the Indonesian Government’s LCGC project.
The Indonesian Automotive Industry Association (Gaikindo) estimates that car sales in the country will rise by 10 percent to around 1.2 million units in 2013, 14.8 percent lower than the growth rate recorded in 2012.-VNA
SI, a joint venture between Suzuki Motor Corporation of Japan and Indomobil Group of Indonesia, plans to manufacture 100,000 LCGCs in the initial phase of production.
The new plant, worth 1 billion USD, will have an annual production capacity of around 150,000 to 200,000 units. Once fully operational in the first quarter of 2014, the plant is expected to help SI raise its production capacity, which now stands at 210,000 units per year.
According to Davy J. Tulian, SI’s sales director, his company’s target is to gain at least a 15 percent share in the country’s car market in 2013. With this goal, the company plans to sell 180,000 units this year, up from 126,577 units in 2012.
Several other joint ventures operating in the auto industry such as Astra Daihatsu Motor, Toyota Astra Motor and Nissan Motor Indonesia have also expressed their interest in joining the Indonesian Government’s LCGC project.
The Indonesian Automotive Industry Association (Gaikindo) estimates that car sales in the country will rise by 10 percent to around 1.2 million units in 2013, 14.8 percent lower than the growth rate recorded in 2012.-VNA
You should also see
PM visits police command centre, checks cultural centre construction in Phu Tho
Prime Minister Pham Minh Chinh visited the command and control centre of the Phu Tho police and examined the construction of this northern province’s house of culture and arts on April 18.
See more
World
El Nino thins the only glacier in Indonesia: BMKG
Global warming has played a key role in gradually thinning the glaciers atop Puncak Jaya, Papua, Indonesia, some of the few remaining tropical glaciers in the world, according to Indonesian Agency for Meteorology, Climatology, and Geophysics (BMKG).
World
Thailand welcomes over 10 mln foreign arrivals so far this year
More than 10 million foreign tourists have visited Thailand so far this year, bringing in more than 500 billion THB (13.5 billion USD), the country’s Tourism and Sports Ministry has reported.
World
Thailand's Maha Songkran World Water Festival welcomes over 784,000 festival-goers
The Tourism Authority of Thailand (TAT) claims that the “Maha Songkran World Water Festival 2024”, held at Sanam Luang and Ratchadamnoen Avenue from April 11-15 is a great success with more than 784,000 participants.
World
Indonesia enhances vigilance against money laundering
Indonesian President Joko Widodo on April 17 called on the Financial Transaction Reports and Analysis Center (PPATK) and related ministries to remain alert to new methods of money laundering, including those involving the cryptocurrency market.
World
Cambodia sees record number of tourists during traditional New Year holiday
Cambodia recorded almost 22 million domestic and international visitors travelling to different tourist destinations nationwide during the four-day traditional New Year holiday, from April 13 to 16.
