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Astra International

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Indonesian automotive conglomerate
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PT Astra International
Astra Tower in Sudirman Road
Company typePublic
Traded asIDX: ASII
IndustryConglomerate
Founded1957; 68 years ago (1957)
FounderTjia Kian Tie
William Soeryadjaya (Tjia Kian Liong)
E. Hardiman (Liem Peng Hong)
HeadquartersMenara Astra, Jakarta, Indonesia
Key people
  • Djony Bunarto Tjondro (CEO)
  • Prijono Sugiarto (president Commissioner)
ProductsAutomotive, financial services, heavy equipment, agribusiness, information technology, infrastructure
RevenueIncrease US$17 billion (2018)
Net incomeIncrease US$ 1.5 billion (2018)
Total assetsIncrease US$ 24.6 billion (2018)
Total equityIncrease US$ 12 billion (2018)
OwnerJardine Cycle & Carriage (50.1%)
Number of employees214,835 (2016)
Subsidiaries List
Websitewww.astra.co.id

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 and Lexus, through Toyota Astra Motor as the sole agent, importer and distributor, a 50-50 joint venture with Toyota. 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, through PT Astra Daihatsu Motor, which distributes and own manufacturing facility, a joint venture between Astra International, Daihatsu, and Toyota Tsusho. The facility also manufacture Toyota brands.
  • Isuzu, through Isuzu Astra Motor Indonesia, a joint venture between PT Arya Kharisma (fully owned by the Astra International) and Isuzu, 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 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 for manufacturing of Honda motorcycles for Indonesian market and export countries, as well as one of the dealers in the country.

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

Indonesia Automotive industry in Indonesia
Active Indonesian
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Defunct Indonesian
manufacturers
Foreign/joint venture
manufacturers
Active importers
Defunct foreign/joint venture
manufacturers and importers
Related topics
Jardines
Current subsidiaries
Former/defunct
subsidiaries
Minority interests
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Indonesia LQ45 companies of Indonesia
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