Company type | Joint venture |
---|---|
Industry | Automotive |
Founded | 12 April 1971 |
Headquarters | Sunter, Jakarta |
Area served | Indonesia |
Key people | Djony Bunarto Tjondro (chairman) Hiroyuki Ueda (president) Henry Tanoto (vice president) |
Products | Automobiles |
Brands | Toyota Lexus |
Owner | Toyota Motor Corporation (50%) Astra International (50%) |
Website | www |
PT Toyota-Astra Motor (also called TAM) is an automobile trading company based in Jakarta, Indonesia. It is a joint venture company between Toyota Motor Corporation and Astra International with a distribution of shares of 50% and 50% respectively, acting as a sole agent, distributor, and importer of Toyota vehicles.
Toyota has been the best-selling car brand in Indonesia every year in a row since 1997.[1] The country is also Toyota's fourth largest single market after the US, China and Japan.[2]
Company type | Subsidiary |
---|---|
Industry | Automotive |
Founded |
|
Headquarters | Sunter, Jakarta |
Key people | Nandi Julyanto (president director) |
Products | Automobiles |
Production output |
|
Owner | Toyota Motor Corporation (95%) Astra International (5%) |
Number of employees | 8,100[3] |
Website | www |
A separate company, PT Toyota Motor Manufacturing Indonesia (also called TMMIN) operated five Toyota manufacturing plants in the country and exported Toyota vehicles abroad. TMMIN is owned 95% by Toyota Motor Corporation and 5% by Astra International.