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HPM merged Honda's Indonesian automobile businesses, which was previously conducted by four separate companies ranging across vehicle assembly, engine and component manufacturing, and wholesale distribution. HPM was capitalized at US$70 million, with 51% initially held by Honda's partner PT Prospect Motor and 49% by Honda Motor Co., Ltd. [2]
In 1972, Honda also introduced the two-door Civic to the country. [45] As a response to the vehicle import ban, PT Prospect Motor began local assembly of Honda automobiles in Sunter, North Jakarta. The brand then gained reputation for its passenger cars, contrary to several other Japanese brands which relied on commercial pickups and minivans.
The e:NP2 and e:NS2 were previewed several times prior to its introduction. In November 2022, the models are previewed as a single concept car, the Honda e:N2 Concept. [2] In April 2023 at the Auto Shanghai, the models are previewed again as two concept vehicles named the Honda e:NP2 Prototype and Honda e:NS2 Prototype. [3]
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Federal Motor with the assembly of Honda motorcycles. At the same time, it took over as the sole agency. In 2000, the Astra Honda Motor joint venture was agreed between Honda and Astra International, which began operations in January 2001. [2] According to another source, the new company was a merger between PT. Federal Motor and PT. Honda ...
Takahiro Hachigo (八郷隆弘, Hachigō Takahiro, born 19 May 1959) is a Japanese engineer and businessman, who has been the chief executive officer of Honda Motor Co., Ltd., from June 2015 - April 2021 and was succeeded by Toshihiro Mibe. [1]
In 1980, KTB took over PT Pipit Motor Jakarta, converting it to PT Krama Yudha Kesuma Motor (KKM) to assemble passenger cars in Tanjung Priok, Jakarta. [6] In 1997, KTB was planning to launch an Asian Utility Vehicle (AUV) designed to compete with Toyota Kijang, the best-selling car in Indonesia for more than a decade.