Company type | Subsidiary |
---|---|
Industry | Automotive |
Founded | 2015 |
Headquarters | |
Area served | Indonesia |
Key people | Shi Guoyong (President-Director) |
Products | Passenger cars Light commercial vehicles |
Production output | 24,456 vehicles (2023) |
Owners | SAIC Motor (74.92%)[1] |
Website | http://wuling.id |
PT SGMW Motor Indonesia is a subsidiary of SAIC-GM-Wuling. It is the first Chinese automotive company to build a manufacturing plant in Indonesia.
Unlike their operations in China, SGMW Indonesia only market vehicles in one marque, Wuling Motors, instead of both Wuling and Baojun. However, the facilities also produce Chevrolet for exports and shared its facilities to manufacture MG Motor electric cars.[2][3]
In 2018, Wuling Motors is the ninth largest automotive manufacturing company in Indonesia and the sixth largest passenger car manufacturing company in Indonesia by sales and production.[4] In 2022, their Wuling Air EV is the best-selling electric vehicle in Indonesia.[5]
Upon completion of the transaction, the Group's share of net assets of Wuling Indonesia increased from 60.48% to 74.92%