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| Business News / Automotive |
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Indonesia Q1 2012 Car Sales to Remain on a Positive Growth Path
Thursday, December 15, 2011 17:37:28
Although Indonesia has one of the largest passenger car markets in South East Asia, commercial vehicles have been outperforming the industry average in recent years and this trend is expected to continue in the short term. Strong demand for commercial vehicles shows a return to spending for businesses and bears out BMI's view that the tripling in value of the construction sector over the next five years. (556 clicks)
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Passenger Vehicles Market in Indonesia Poised to Reach 1 Million in Automotive Sales
Friday, August 05, 2011 17:31:32
The passenger car market posted an impressive 51 percent growth in 2010 over 2009. Total passenger vehicle sales in 2010 rose to 541,475 units, increasing by 33.6 percent compared to 2009 figures. Passenger vehicles market in Indonesia poised to reach 1 million in automotive sales in the next four years. (504 clicks)
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Adira Finance Advance its Enterprise-Wide Performance Management Initiative with Actuate’s perform
Thursday, March 23, 2006 19:45:28
The largest automotive financing company in Indonesia will implement pbviews to automate the delivery of crucial Performance Management information to provide a single, consistent view of performance across the organization. Adira Finance will use performancesoft pbviews to align its five critical business strategies of: managing High Yield Portfolios, Prudent Risk Management, Maintaining Good Relationships with Customers and Business Partners, Expanding its Network Channels, and Continuous Human Capital and Organizational Development. (652 clicks)
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TVS India to Produce Motor Cycle in Indonesia
Thursday, February 24, 2005 12:06:13
In a bid to tap the ASEAN market, TVS Motor Company has decided to set up a full-fledged manufacturing facility in Indonesia. The plant, to be set up at a cost of $50 million, will have an initial capacity of producing 120,000 two wheelers per annum. It is expected to start production in little over an year?s time. (5191 clicks)
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Nissan To Boost Indonesian Production Tenfold
Tuesday, June 15, 2004 15:48:03
Nissan Motor Co. plans to increase its production of cars in Indonesia tenfold over the next five years. Nissan said it hopes to produce 30,000 units a year by 2009, up from a current annual output of 3,000. (4313 clicks)
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Indonesia's United Tractors To Sell Scania Trucks, Buses
Monday, June 14, 2004 15:53:17
Indonesian heavy equipment company PT United Tractors (UNTR.JK) said Thursday it has recently signed an agreement with Swedish company Scania AB (SCV-A.SK) to sell Scania's trucks and buses in Indonesia. (4657 clicks)
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Michelin In Tire Venture With Gajah Tunggal
Tuesday, May 18, 2004 01:47:29
French tire company Cie Generale des Etablissements Michelin SA has acquired a 10% shareholding in Indonesia's Gajah Tunggal Tbk as part of a broader cooperation with the Indonesian tire maker (4920 clicks)
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BMW Indonesia and Astra Sign Contract for Local Assembly
Wednesday, May 05, 2004 16:01:43
PT BMW Indonesia and PT Astra International Tbk signed an agreement for the local assembly of the new BMW 5 Series at PT Tjahja Sakti Motor's plant. (5513 clicks)
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Malaysia's Proton Keen To Buy Indonesian Plant
Wednesday, March 24, 2004 16:33:50
Malaysian car maker Perusahaan Otomobil Nasional Bhd. (5304.KU), is keen on buying an auto manufacturing plant in Indonesia which will allow the car maker to qualify for incentives under the Asean Free Trade Area agreement. (1083 clicks)
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Fukoku and Tokai Rubber to Form Automobile Antivibration Rubber Company in Indonesia
Monday, March 22, 2004 16:13:17
Fukoku Rubber and Tokai Rubber have announced plans for a new joint venture in Indonesia. Under the partnership, Tokai Rubber will own 34% of joint venture PT. Fukoku Tokai Rubber Indonesia, which will be capitalized at $8,550,000. (1873 clicks)
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Tat Hong Clinches $119m Excavator Contract
Thursday, January 15, 2004 12:20:34
Heavy equipment leasing company Tat Hong Holdings has clinched a $119 million contract with an Indonesian firm to provide excavators and other equipment to a coal mine in East Kalimantan. (1412 clicks)
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Honda Begins Production of Automatic Transmissions in Indonesia
Friday, September 26, 2003 04:18:33
P.T. Honda Precision Parts Manufacturing, Honda's parts production subsidiary in Indonesia has announced the start of production of automatic transmissions and engine valves for automobiles. (1123 clicks)
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Honda's Indonesia Motorcycle Production Reaches 10 Million
Monday, May 26, 2003 03:21:47
P.T. Astra Honda Motor announced that they have rolled out their 10 millionth motorcycle. Indonesia is the first country outside Japan where Honda has achieved this level of motorcycle production.
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Furukawa and Permintex's Malaysia Enter Into Automotive Business
Tuesday, March 04, 2003 11:54:21
The Furukawa Electric Co.,Ltd today announced that it and Furukawa Automotive Parts, Inc have established a new joint venture in Republic of Indonesia, with Permintex Holdings Sdn. Bdh. in December 2002. The new joint venture will start its manufacturing from 21st April 2003. (1688 clicks)
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New Honda Auto Plant Begins Construction in Indonesia
Friday, January 18, 2002 03:18:23
PT Honda Prospect Motor has begun construction of a new, state-of-the-art automobile manufacturing plant at Karawang. This factory will employ Honda's latest flexible manufacturing systems
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