PT General Motors Indonesia launches second CBU model<\/p>\n
JAKARTA (JP): PT General Motors Indonesia (GMI) launched the
\n1,800cc multipurpose vehicle (MPV) Chevrolet Zafira on Tuesday to
\ncash in on Indonesia's rapidly growing market for completely
\nbuilt-up (CBU) cars.<\/p>\n
Zafira, priced at Rp 207.7 million (US$25,000) off the road,
\nis the second CBU model introduced by GMI in two weeks, having
\nearlier launched the Chevrolet Blazer V6 with a price tag of Rp
\n500 million.<\/p>\n
The car, imported from General Motor's factory in Thailand, is
\nbeing touted by the agent here as an environment-friendly
\nvehicle, with low noise and vibration, economical fuel usage, low
\nservicing costs and lower emission.<\/p>\n
Director of sales and after-sales marketing Kris Mayer said
\nGMI hoped to sell 300 Zafira this year and between 1,800 and
\n2,000 units in 2001.<\/p>\n
The optimism was founded on the strong interests shown on the
\nChevrolet Blazer model, marketing manager Paulus B. Suranto said.<\/p>\n
Since the government lifted the ban on imports of CBU cars in
\nJune 1999, many big American and European automakers have
\nlaunched their products in the Indonesian market which has
\ntraditionally been dominated by locally assembled Japanese makes.<\/p>\n
The CBU cars not only help satisfy a growing appetite for
\ndifferent types of cars among the affluent Indonesians, but also
\nfills a gap left by assemblers who cannot deliver their cars as
\nquickly as the market demands. At present, buyers of virtually
\nall locally assembled cars must wait for several months for
\ndelivery.<\/p>\n
CBU cars are subject to a 45 percent import duty, a 15 percent
\nluxury goods tax and a 10 percent sales\/value-added tax.<\/p>\n
Paulus added that almost 8,000 units of CBU cars have been
\nsold in Indonesia since the ban was lifted and that 3,000 units
\nmore are expected to be sold by the end of the year.<\/p>\n
The Indonesian Automotive Industry Association (Gaikindo) has
\nestimated that sales of locally assembled cars should reach
\n204,000 in 2000, compared to 125,000 units in 1999. (02)<\/p>",
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