SINGAPORE — Ford Motor Co. plans to return automobile operations to Indonesia after shifting its US$100 million manufacturing project to the Philippines in protest of Indonesia's former national car policy, a company executive says in a published report here. The contested policy gave special tax breaks to PT Timor National, an automobile firm controlled by former President Suharto's son. Ford's return is part of the U.S. automaker's Asia strategy to obtain 10% market share in the region ...
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