Wed, 19 May 2004

GMI, PermataBank offer car financing

JAKARTA: PT General Motors Indonesia (GMI) and PermataBank launched on Monday a special vehicle financing program offered to Indonesian customers.

The financing package allows customers to by any model from Chevrolet's range with a simple down payment of just 15% and loans of up to five years at competitive interest rates.

PT GMI president Harold Koh told The Jakarta Post that both PT GMI and PermataBank were growing companies, making it easier to forge such a cooperation.

"We believe our cooperation makes a lot of sense because their customer profile perfectly matches the character of Chevrolet," he said.

The program starts on May 14 and will end on May 14. -- JP