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In financial services, Astra's businesses provide financial products and services to support its automotive and heavy equipment sales. The group was also involved in retail banking through a stake in PT Bank Permata Tbk until the late 2010s. In 2019, Astra invested US$150 million in application-based, on-demand service Gojek. [4]
Astra became the sole agent, importer and distributor of Daihatsu in the Indonesian market in 1976. In 1978, PT Daihatsu Indonesia was formed by Astra International, Daihatsu dan Nichimen Corporation as a steel pressing plant. An engine plant, PT Daihatsu Engine Manufacturing Indonesia (DEMI) was created in 1983. PT Nasional Astra Motor was ...
PT United Tractors Tbk (also known as UT or UT Company) is an Indonesian company, subsidiary of PT Astra International Tbk ("Astra") that operates in six business lines, namely Construction Machinery, Mining Contractor, Coal Mining, Gold Mining, Construction Industry, and Energy. United Tractors has 20 branch offices, 32 site supports, 6 ...
In 2003, Daihatsu through PT Astra Daihatsu Motor (ADM) launched its joint project with Toyota, which spawned the Toyota Avanza and Daihatsu Xenia. [42] [43] [44] Both cars are designed according to Indonesian needs in mind. As an entry-level MPV, it complements the role of Toyota Kijang, offering similar capability in a smaller and cheaper ...
1998 – Toyota gains a controlling interest (51.2%) in Daihatsu Motor Co., Ltd. 2011 – Daihatsu states that sales of Daihatsu motor cars will cease across Europe on January 31, 2013; 2011 – Daihatsu invests 20 billion yen ($238.9 million) in Indonesia to build a factory that produces low-cost cars. [12]
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In 2004, Standard Chartered Bank and PT Astra International Tbk took over Permata Bank and started a massive transformation process within the organization. Furthermore, as a manifestation of its commitment to PermataBank, the joint ownership of the major shareholders increased to 89.01% in 2006.
PT Toyota-Astra Motor (also called TAM) is an automobile trading company based in Jakarta, Indonesia.It is a joint venture company between Toyota Motor Corporation and Astra International with a distribution of shares of 50% and 50% respectively, acting as a sole agent, distributor, and importer of Toyota vehicles.