Astra International

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]

PT Astra International, Tbk.
FormerlyPT Astra International, Inc. (until the 90s)
Company typeHolding company
IDX: ASII
IndustryConglomerate
Founded1957 (1957)
FounderTjia Kian Tie
William Soeryadjaya (Tjia Kian Liong)
E. Hardiman (Liem Peng Hong)
HeadquartersMenara Astra, Central Jakarta, Jakarta, Indonesia
Key people
Djony Bunarto Tjondro (CEO), Prijono Sugiarto (President Commissioner)
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
List
  • Pakoakuina
    Federal Superior Chain Manufacturing
    Federal Izumi Manufacturing
    Ardendi Jaya Sentosa
    FSCM Manufacturing Indonesia
    Anugerah Paramitra Motorpart
    Menara Terus Makmur
    Banjar Jaya Sentosa
    Evoluzione Tyres
    Century Batteries Indonesia
    Kayaba Indonesia
    Astra Daido Steel Indonesia
    GS Battery
    Nusa Keihin Indonesia
    NHK Gasket Indonesia
    Aisin Indonesia
    AOP Australia
    Mopart Jaya Utama
    Velasto Indonesia
    Astra Komponen Indonesia
    Indokarlo Perkasa
    Astra Juoku Indonesia
    Akebono Brake Astra Vietnam
    Suryaraya Rubberindo Industries
    Astra Agro Lestari
    MetalArt Astra Indonesia
    Marga Mandalasakti
    Astra Land Indonesia (50%)
    Astra Modern Land (50%)
    Astra Honda Motor (50%)
    Toyota Astra Motor (50%)
    Astra Daihatsu Motor (31.9%)
    Astra Digital
    Bank Jasa Jakarta
Websitewww.astra.co.id

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
  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.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.