ID :
167194
Thu, 03/10/2011 - 13:21
Auther :
Shortlink :
https://oananews.org//node/167194
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M'sia's leadıng auto replacement parts new hoong fatt plans to expand ops in İndonesia
KUALA LUMPUR, March 10 (Bernama)-- New Hoong Fatt Holdings Bhd (NHF), the leading automotive replacement parts maker, plans to expand its operations in
Indonesia.
In a statement Thursday, NHF said it has identified Indonesia as part of its
growth strategy.
"NHF is encouraged by the significant growth and developments within the
car industry in Indonesia which includes the launch of new vehicle models
and a growing commercial vehicle segment," it said.
It said the recent set-up of PT NHF Auto Supplies Indonesia was another step
to bring the company closer to its customers.
PT NHF Auto Supplies would focus on marketing, distribution and trading of
NHF’s extensive range of products, it said.
According to the Indonesian Automotive Industry Association (Gaikindo), 2010
vehicle sales in Indonesia surged 65 per cent to 764,710 units from 464,816
units in 2009.
Gaikindo is forecasting the total industry volume for this year to reach
between 780,000 and 830,000 units.
-- BERNAMA
Indonesia.
In a statement Thursday, NHF said it has identified Indonesia as part of its
growth strategy.
"NHF is encouraged by the significant growth and developments within the
car industry in Indonesia which includes the launch of new vehicle models
and a growing commercial vehicle segment," it said.
It said the recent set-up of PT NHF Auto Supplies Indonesia was another step
to bring the company closer to its customers.
PT NHF Auto Supplies would focus on marketing, distribution and trading of
NHF’s extensive range of products, it said.
According to the Indonesian Automotive Industry Association (Gaikindo), 2010
vehicle sales in Indonesia surged 65 per cent to 764,710 units from 464,816
units in 2009.
Gaikindo is forecasting the total industry volume for this year to reach
between 780,000 and 830,000 units.
-- BERNAMA
