GM, SAIC to eye joint push into Indonesia

2015-02-03 10:45:20 

U.S automaker General Motors and Chinese partner SAIC Motors will soon announce a joint push into Indonesia, using their no-frills Wuling brand to establish a beachhead in Southeast Asia's biggest market.

The new venture will manufacture and market low-cost "people mover" microvans, based on the same vehicles in China, under the Wuling brand.

SAIC-GM-Wuling, which also includes Wuling Automobile as a stakeholder, will own 80 percent of the new Indonesian venture.

SAIC will separately own the rest.

For GM, Indonesia will be its second non-China market in Asia, having already broken into India with SAIC, where they cooperate to market Wuling's small multi-purpose workhorse vans.

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