Astra International, Tbk. is an Indonesian conglomerate controlled by Jardine Cycle & Carriage. It was founded in 1957 by Tjia Kian Tie, Liem Pen Hong with the name of PT Astra International Incorporated. 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. 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.

Current Business

Automotive

Toyota is a Japanese Multinational corporation, multinational Automotive industry, automotive manufacturer headquartered in Toyota City, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on August 28, 1937. Toyota is the List of manuf ...

and Lexus, through Toyota Astra Motor as the sole agent, importer and distributor, a 50-50

joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acce ...

with

. The group also owns a 5% share (95% retained by Toyota Motor Corporation) in PT Toyota Motor Manufacturing Indonesia, which owns 5 manufacturing facilities. *

Daihatsu is a Japanese automobile manufacturer headquartered in Ikeda, Osaka Prefecture, Japan. One of the oldest surviving Japanese internal combustion engine manufacturers, the company was known for building three-wheeled vehicles and off-road vehicle ...

, through PT Astra Daihatsu Motor, which distributes and own manufacturing facility, a joint venture between Astra International,

, and Toyota Tsusho. The facility also manufacture Toyota brands. *

Isuzu , commonly known as Isuzu (, ), is a Japanese multinational automobile manufacturer headquartered in Yokohama, Kanagawa Prefecture. Its principal activity is the production, marketing and sale of Isuzu commercial vehicles and diesel engines ...

, through Isuzu Astra Motor Indonesia, a joint venture between PT Arya Kharisma (fully owned by the Astra International) and

, as the sole agent and manufacturer of vehicles, components, accessories, and spare parts. * UD Trucks, through UD Astra Motor Indonesia as the sole agent. * Scania, through United Tractors as the sole agent. *

BMW Bayerische Motoren Werke AG, trading as BMW Group (commonly abbreviated to BMW (), sometimes anglicised as Bavarian Motor Works), is a German multinational manufacturer of vehicles and motorcycles headquartered in Munich, Bavaria, Germany. Th ...

and MINI, as one of the dealers and marketing. Astra International provides assembly of BMW vehicles through PT Gaya Motor. * Honda motorcycles through PT Astra Honda Motor, a joint venture with

Honda commonly known as just Honda, is a Japanese multinational corporation, multinational Conglomerate (company), conglomerate automotive manufacturer headquartered in Minato, Tokyo, Japan. Founded in October 1946 by Soichiro Honda, Honda has bee ...

for manufacturing of Honda motorcycles for Indonesian market and export countries, as well as one of the dealers in the country.

References

External links

*
Official website
Financial services companies established in 1957 Auto dealerships Companies based in Jakarta Conglomerate companies established in 1957 Conglomerate companies of Indonesia Holding companies established in 1957 Jardines (company) Car manufacturers of Indonesia Vehicle manufacturing companies established in 1957 Indonesian companies established in 1957 1990 initial public offerings Companies listed on the Indonesia Stock Exchange Companies in the IDX 30 {{Indonesia-stub