Hyundai Has Not Prepared Any Specific Strategy To Deal With The Expansion Of Chinese Brands In Indonesia

RediksiaThursday, 20 July 2023 | 04:51 GMT+0000

The distribution agreement in Indonesia includes vehicles from the GWM brands, including Haval, Ora and Tank.

Inchcape will conduct this distribution through a joint venture with PT Indomobil Sukses Internasional Tbk, which previously had a strong partnership with Inchcape for vehicle distribution in Indonesia.

Inchcape holds a 70 percent share in this joint venture and Indomobil a 30 percent share.

The cooperation between Inchcape and GWM not only concerns the sale of new vehicles, but also used vehicles and vehicle financing.

Great Wall is currently one of the strongest players in the battery electric vehicle and hybrid vehicle business.

Source: Tribunnews.com, Lita Febriani