Astra International
Indonesian automotive conglomerate
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| Formerly | PT Astra International, Inc. (until the 90s) |
|---|---|
| Company type | Holding company |
Traded as | IDX: ASII |
| Industry | Conglomerate |
| Founded | 1957; 67 years ago (1957) |
| Founder | Tjia Kian Tie William Soeryadjaya (Tjia Kian Liong) E. Hardiman (Liem Peng Hong) |
| Headquarters | Menara Astra, Central Jakarta, Jakarta, Indonesia |
Key people | Djony Bunarto Tjondro (CEO), Prijono Sugiarto (President Commissioner) |
| Products | Automotive, financial services, heavy equipment, agribusiness, information technology, infrastructure |
| Revenue |  US$17 billion (2018) |
Net income | US$ 1.5 billion (2018) |
| Total assets | US$ 24.6 billion (2018) |
| Total equity | US$ 12 billion (2018) |
| Owner | Jardine Cycle & Carriage (50.11%) (Jardine Matheson) |
Number of employees | 214,835 (2016) |
| Subsidiaries | List
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| Website | www.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 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 and Lexus, through PT Toyota-Astra Motor as the sole agent, importer and distributor, a 50-50 joint venture with 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, through PT Astra Daihatsu Motor, which distributes and own manufacturing facility, a joint venture between Astra International, Daihatsu Motor Co, and Toyota Tsusho.[7] The facility also manufacture Toyota brands.[8]
- Isuzu, through PT Isuzu Astra Motor Indonesia, a joint venture between PT Arya Kharisma (fully owned by the Astra International) and 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.
- BMW and MINI, as one of the dealers and marketing. Astra International provides assembly of BMW vehicles through PT Gaya Motor.[11][12]
- Honda motorcycles through PT Astra Honda Motor, a joint venture with 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
- Astra Daihatsu Motor
- Astra Honda Motor
- Isuzu Astra Motor Indonesia
- Toyota Astra Motor
- United Tractors
References
- ^ "Indonesia-Investments.com:Astra International company profile". March 25, 2014.
- ^ "ASTRA group. - Free Online Library". www.thefreelibrary.com. Retrieved 2022-03-16.
- ^ "Astra International". jardines.com. Archived from the original on 25 October 2012. Retrieved 4 April 2018.
- ^ "Astra Invests US$150 Million in Gojek". Tempo. Retrieved 2020-08-30.
- ^ "Toyota". Astra International. Retrieved 29 January 2024.
- ^ "Global Manufacturing Company | Manufacturing". PT. Toyota Motor Manufacturing Indonesia (in Indonesian). Retrieved 2024-01-29.
- ^ "Daihatsu". Astra International.
- ^ Setiaji, Danang (28 September 2021). "Penasaran Kan Mengapa Pabrik Daihatsu yang Merakit Toyota Avanza? Ternyata Karena Alasan Ini". momobil.id. Retrieved 29 January 2024.
- ^ "Isuzu". Astra International. Retrieved 29 January 2024.
- ^ "UD Trucks". Astra International. Retrieved 29 January 2024.
- ^ "Sejarah BMW Bersama Astra". BMW Astra. 2021-03-08. Retrieved 2024-01-29.
- ^ FADLURROHMAN, FAKHRI (2023-06-06). "Menengok Produksi Mobil BMW di Jakarta Utara". kompas.id (in Indonesian). Retrieved 2024-01-29.
- ^ "Honda". Astra International. Retrieved 29 January 2024.
External links
- Official website
- v
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manufacturers
manufacturers
manufacturers
- Astra Daihatsu Motor
- Astra Honda Motor
- Astra UD Trucks
- BMW Group Indonesia
- BYD Motor Indonesia
- Chery Motor Indonesia
- Eurokars Motor Indonesia
- Hino Motors Manufacturing Indonesia
- Honda Prospect Motor
- Hyundai Motor Manufacturing Indonesia
- Inchcape Indomobil Energi Baru
- Indomobil Global Transportasi
- Indomobil National Distributor
- Isuzu Astra Motor Indonesia
- Jetour Motor Indonesia
- Krama Yudha Tiga Berlian
- Mercedes-Benz Indonesia
- Mitsubishi Motors Krama Yudha Indonesia
- Neta Auto Indonesia
- SAIC Motor Indonesia
- SGMW Motor Indonesia
- Sokonindo Automobile
- Suzuki Indomobil Motor
- Toyota Astra Motor
- VinFast Automobile Indonesia
manufacturers and importers
- Indonesia International Auto Show (GIIAS)
- Indonesia International Motor Show (IIMS)
- ASEAN NCAP
- Low Cost Green Car (LCGC)
- Rural car
- Roads and highways of Indonesia
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