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U.S. automaker GM to close down Indonesian Chevrolet plant

Xinhua, February 26, 2015 Adjust font size:

The United States-headquartered automaker General Motors (GM) planned to close down its Chevrolet production facility located in Bekasi near the capital city of Jakarta in a move it claimed as business transformation.

"This transformation would further strengthen business structure and marketing network focused on development of Chevrolet brand by presenting high quality and competitive products for Indonesian customers," GM Deputy President Executive and GM International President Stefan Jacoby said in a statement released on Thursday.

After the closing down of its plant that produces Chevrolet Spin cars scheduled in June, Jacoby said that GM Indonesia chapter would continue serving Indonesian customers with various types of Chevrolet cars comprised of Orlando, Captiva and Trailblazer.

Chevrolet Spin production facility was initiated in 2013. It has a capacity of 40,000 cars per year and employs 500 people.

Due to stiff competition against cars produced by Japanese carmakers in MPV class, GM was only capable to sell 8,412 Chevrolet Spin cars last year in which 3,000 of them for export. Endi