Chinese manufacturer Geely Automobile Holdings Ltd. enters the Indonesian market with the launch of its CK1 sedan, targeting sales of 2,000 units over the next 12 months. Malaysia’s Information Gateway Corp. Sdn Bhd says its Indonesian subsidiary PT Gaya Motor, which will be involved in producing and marketing the CK1, will be helped in reaching the sales target by low interest rates and strong growth for the automotive industry overall. “Within the next five years, Geely plans to ...
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