Volkswagen AG is expanding its commitment in Southeast Asia as part of its 2018 growth strategy. In cooperation with the Indonesian partner company Indomobil, local vehicle assembly operations are to be set up as a first step toward the long-term development of ASEAN markets. An agreement on assembling Volkswagen models in the capital city of Jakarta has already been signed.
The goal of the partnership with Indomobil is to develop the Indonesian automobile market with locally built vehicles. Production of partly assembled Volkswagen brand models will commence this year. Initial production capacity from summer 2009 will be several hundred VW Touran and will subsequently be steadily increased. In a further step, CKD production of Group vehicles from 2012 is conceivable.
"Current trends on world markets clearly show how important the timely development of new growth regions is. The only way to secure global growth and safeguard jobs is to focus on tomorrow's markets today," said Christian Klingler of Volkswagen Passenger Cars.