Astra International

Source: Wikipedia, the free encyclopedia.
PT Astra International, Tbk.
ProductsAutomotive, financial services, heavy equipment, agribusiness, information technology, infrastructure
RevenueIncrease US$17 billion (2018)
Increase US$ 1.5 billion (2018)
Total assetsIncrease US$ 24.6 billion (2018)
Total equityIncrease US$ 12 billion (2018)
OwnerJardine Cycle & Carriage (50.11%)
(Jardine Matheson)
Number of employees
214,835 (2016)
Subsidiaries
Websitewww.astra.co.id

Astra International is an Indonesian conglomerate[1] controlled by Jardine Matheson. It was founded in 1957 by Tjia Kian Tie, Liem Pen Hong with the name of PT Astra International Incorporated.[2]

It is Southeast Asia's largest independent automotive group. Operating predominantly in Indonesia, it is a provider of a full range of automobile and motorcycle products in partnerships with companies which include Toyota, Daihatsu, Isuzu, UD Trucks, Peugeot and BMW for automobiles, and Honda for motorcycles. Astra also has a strong presence in the automotive component sector through its subsidiary PT Astra Otoparts Tbk.[3]

In addition, Astra has interests in financial services; heavy equipment and mining; agribusiness; infrastructure and logistics; and information technology. 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]

Current Business

Automotive

  • Toyota Motor Corporation.[5] The group also owns a 5% share (95% retained by Toyota Motor Corporation) in PT Toyota Motor Manufacturing Indonesia, which owns 5 manufacturing facilities.[6]
  • Daihatsu Motor Co, and Toyota Tsusho.[7] The facility also manufacture Toyota brands.[8]
  • Isuzu Motors, as the sole agent and manufacturer of vehicles, components, accessories, and spare parts.[9]
  • UD Trucks, through UD Astra Motor Indonesia as the sole agent.[10]
  • Scania, through United Tractors as the sole agent.
  • Peugeot, which include distribution and after sales.
  • BMW and MINI, as one of the dealers and marketing. Astra International provides assembly of BMW vehicles through PT Gaya Motor.[11][12]
  • Honda Motor Co. for manufacturing of Honda motorcycles for Indonesian market and export countries, as well as one of the dealers in the country.[13]

See also

References

  1. ^ "Indonesia-Investments.com:Astra International company profile". March 25, 2014.
  2. ^ "ASTRA group. - Free Online Library". www.thefreelibrary.com. Retrieved 2022-03-16.
  3. ^ "Astra International". jardines.com. Archived from the original on 25 October 2012. Retrieved 4 April 2018.
  4. ^ "Astra Invests US$150 Million in Gojek". Tempo. Retrieved 2020-08-30.
  5. ^ "Toyota". Astra International. Retrieved 29 January 2024.
  6. ^ "Global Manufacturing Company | Manufacturing". PT. Toyota Motor Manufacturing Indonesia (in Indonesian). Retrieved 2024-01-29.
  7. ^ "Daihatsu". Astra International.
  8. ^ Setiaji, Danang (28 September 2021). "Penasaran Kan Mengapa Pabrik Daihatsu yang Merakit Toyota Avanza? Ternyata Karena Alasan Ini". momobil.id. Retrieved 29 January 2024.
  9. ^ "Isuzu". Astra International. Retrieved 29 January 2024.
  10. ^ "UD Trucks". Astra International. Retrieved 29 January 2024.
  11. ^ "Sejarah BMW Bersama Astra". BMW Astra. 2021-03-08. Retrieved 2024-01-29.
  12. ^ FADLURROHMAN, FAKHRI (2023-06-06). "Menengok Produksi Mobil BMW di Jakarta Utara". kompas.id (in Indonesian). Retrieved 2024-01-29.
  13. ^ "Honda". Astra International. Retrieved 29 January 2024.

External links