Tag: association

Since then, GM successfully acts as an importer of Chevrolet-badged Daewoo cars from Thailand and South Korea. In 1946 General Motors Overseas Operations established a Batavia Branch (later renamed “Djakarta Branch”) to continue the pre-war actions, constructing almost 20,000 autos in the subsequent six years. By 1953, activities had largely ended as Sukarno’s pro-Chinese authorities took energy. As of 1954 native partner PN Gaya Motor continued alone; the Indonesian authorities took over the property in April 1955. The government-run operations did not take excellent care of the plant and 60 percent of the run-down assets had been bought to PT …