JAKARTA, Indonesia — Ford is considering establishing a new vehicle assembly facility in Indonesia, as it looks to increase its exposure to one of Asia's most promising auto markets.
Joe Hinrichs, president of Ford Asia Pacific and Africa, told reporters gathered for the Delhi Auto Expo that the company is planning to invest in an assembly plant in Indonesia in the near future.
Hinrichs said he is encouraged by the recent strong growth in Indonesian auto sales and the potential for further strong growth. "We expect Indonesia will soon overtake Thailand as the ASEAN's largest market — I cannot say when exactly," he said.
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