THAILAND: GM to boost Thai and Indonesian dealers
By Chris Wright | 5 December 2012
General Motors will grow its dealer networks in Indonesia and Thailand to tap rising incomes in the two countries.
The company said it would increase its dealer count in Thailand from 91 to 120 by the end of next year while the Indonesian network will grow from 35 to 55.
Martin Apfel, who heads up GM’s Southeast Asia operations, said Myanmar [once Burma] also holds great prospects and opportunity as it opens up to foreign investment.
Carmakers are looking at further expansion in southeast Asia as incomes rise with economic growth. Indonesia is the most populous country in the region with a population of 246m.
Its gross domestic product is expected to expand by 6.3%-6.7% next year while Thailand's GDP growth, with 66.7m people, will reach 4.6%.
Sectors: Emerging markets, Retailing, marketing & distribution, Vehicle manufacturers
Companies: GM
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THAILAND: GM to boost Thai and Indonesian dealers
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