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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 formed in 1987 as the sole agent and importer of Daihatsu. In 1992, these three companies merged to ...
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]
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 ...
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 ...
The merger of the five banks is an implementation of the Government's decision regarding the Advanced Restructuring Program issued on 22 November 2001, which aims to form a bank with a strong capital structure, sound financial condition and high competitiveness in carrying out an intermediation function, with a service network. a wider range ...
PT Astra Daihatsu Motor sold 1,030 units of the Sirion in 2010, followed by 2,857 in 2011. [ 24 ] Perodua also exported this particular Myvi to the United Kingdom and was the company's last vehicle to be sold there until the brand was exited from the UK market in 2013.
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.
Champion Motors assembled vehicles under license from GM beginning in 1968. Champion Motors was renamed Assembly Services Sdn. Bhd. (ASSB) in 1975. The last products still being built for GM were Bedford trucks. A joint venture of Toyota & UMW called Sejati Motor took over ASSB in 1982 which was then renamed UMW Toyota Motor in 1987.