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HPM to increase exports of Honda Stream cars.(Corporate News In Brief)(PT Honda Prospect Motors)(Brief Article)
Indonesian Commercial Newsletter, August, 2004
PT Honda Prospect Motors (HPM) targeted to increase its exports of Honda Stream cars by 18% this year to 1,680 units to other Asean countries. Company Sales and Marketing General Manager Jonfis Fandy said expansion of exports of the hatchback car produced by HPM began in June to Malaysia. Last year its entire exports of 1,421 units were made to Thailand.
In the first half of this year the company exported 657 units of Honda Stream including 597 units to Thailand and 60 to Malaysia. In the second half of this year the company hopes to increase exports to 1,023 units or almost doubling exports in the first six months of this year. Fandy said the company has invested US$100 million in the past two years in the country to build a new car factory also producing...
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