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GM Shuts Down Spin Production in Indonesia

Poor sales, low profits spell end for 500 jobs at plant.

by on Feb.26, 2015

GM will stop building the Chevrolet Spin in Indonesia this summer and close the plant just outside of Jakarta eliminating 500 jobs.

Weeks after announcing a new partnership with its Chinese partner, SAIC Motor Corp., to build small SUVs in Indonesia, General Motors is shuttering its car-making operations in the world’s fourth-most populous country.

The move means the loss of 500 jobs in the country as GM recalibrates its efforts to be successful in Asia. Right now, it means a move toward making more sport-utility vehicles and getting out of building cars on it’s own. The automaker was getting beaten up by Japanese makers.

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“GM Indonesia is undergoing a market-driven transformation,” said Stefan Jacoby, GM executive vice president and president, GM International, in a release. “This transformation will strengthen the business and dealer network by focusing on building the Chevrolet brand and delivering a competitive, high-quality portfolio to meet the needs of customers in Indonesia.” (more…)

GM Opens Plant In Indonesia

Maker invests $150 million in facility in Asia.

by on May.13, 2013

Marcos Purty, president director, GM Indonesia, left, and U.S. Ambassador to Indonesia Scot Marciel, right, drive a Chevy Spin off the line in Indonesia.

Another global automaker cemented its interest in Asia as General Motors kicked off production at a new assembly plant in Indonesia: potentially a major automotive market.

Frost & Sullivan predicts Indonesia’s automotive production in 2013 will grow 7.5% reaching 1.2 million units. The demand for the passenger vehicles segment in Indonesia is likely to increase 7.6% year-on-year to 840,000 units in 2013 from 780,500 units in 2012.

The Last Word!

The first Chevrolet Spin was led off the production line by Dr. Budi Darmadi, Indonesia’s director general for Leading Industry Based on High Technology, Ministry of Industry, and Tim Lee, GM vice president, Global Manufacturing and president, International Operations, who was on hand to help dedicate the GM Indonesia plant.

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