Indonesia

NEWS ANALYSIS

No path to profits: Why Ford exited 2 key Asian markets

12:01 am U.S. ET | Jan. 31, 2016

Frustrated by paltry sales, Ford pulled the plug on its businesses in Japan and Indonesia. In both cases, it couldn't crack a Japan Inc. stranglehold: Japanese brands hold more than 90 percent market share in both nations. Ford cut bait to focus elsewhere....
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Ford to close operations in Japan, Indonesia this year

Jan. 25, 2016 10:18 CET

Ford will close all operations in Japan and Indonesia this year as it sees "no reasonable path to profitability" there, according to an internal document reviewed by Reuters on Monday. Ford will exit all areas of business, including shuttering dealerships and stopping sales and imports of Ford and Lincoln vehicles....
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GM retrenches in Thailand after Indonesia retreat

11:24 am U.S. ET | Feb. 27, 2015

A day after announcing it is to stop making GM-branded cars in Indonesia, General Motors today said it would cease production of its Chevrolet Sonic in Thailand by the middle of this year....
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GM cuts capacity, jobs in Indonesia, where Japanese dominate

7:32 am U.S. ET | Feb. 26, 2015

General Motors is to stop making cars in Indonesia, a battleground for global automakers in emerging Southeast Asia, closing an assembly plant, axing some 500 jobs and shifting its branding focus to SUVs....
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