Volkswagen agrees vehicle assembly in Indonesia
Global growth strategy extended to
Volkswagen AG is expanding its
commitment in Southeast Asia as part of its 2018 growth
strategy. In cooperation with the Indonesian partner company “Indomobil”,
local vehicle assembly operations are to be set up as a first
step towards the long-term development of ASEAN markets.
An agreement on assembling Volkswagen
models in the capital city of Jakarta has already been signed.
"Current trends on world markets clearly show how important the
timely development of new growth regions is," Christian Klingler,
member of the Volkswagen Passenger Cars board of management
responsible for sales and marketing, commented. "The only way to
secure global growth and safeguard jobs is to focus on
tomorrow’s markets today," Klingler added.
The goal of the partnership with "Indomobil"
is to develop the Indonesian automobile market with
locally-built vehicles. Production of partly-assembled
Volkswagen brand models will already commence this year.
Initial production capacity from summer
2009 will be several hundred Touran and will subsequently be
steadily increased. In a further step, CKD production of Group
vehicles from 2012 is conceivable. The plans envisage expanding
market share in the ASEAN region beyond Indonesia, thus
establishing Volkswagen throughout the region.