 | |
| Company type | Joint venture |
|---|---|
| Industry | Automotive |
| Founded | 11 June 1971 |
| Headquarters | Jakarta |
Area served | Indonesia |
| Products | Motorcycles |
| Owners |
|
PT Astra Honda Motor is a motorcycle manufacturer based in Jakarta, Indonesia. It is a joint venture between Honda and Astra International (with a 50% stake each). [1]
Astra Honda Motor was formed in 1971 as PT. Federal Motor with the assembly of Honda motorcycles. At the same time, it took over as the sole agency.
In 2000, the Astra Honda Motor joint venture was agreed between Honda and Astra International, which began operations in January 2001. [2] According to another source, the new company was a merger between PT. Federal Motor and PT. Honda Federal. [3]
Ten million Honda motorcycles were manufactured in Indonesia by 2003. [1]
In 2004 and 2005, Honda built a third plant in Bekasi. [2] In March 2015, the company opened a fourth plant in Karawang. [4] [5] With a production capacity of 5.3 million motorcycles, Astra Honda Motor is the world's largest manufacturer of Honda motorcycles. [5]
At the beginning of 2015, around 22,400 people were employed at AHM. [5]
Honda has a very large market share in Indonesia, for example 73% in the first half of 2016. [6] The Indonesian market for motorcycles is one of the largest in Southeast Asia with more than 7 million units. [7]
Excluding ≥250 cc motorcycles/scooters
Honda Motor Co., Ltd. is a Japanese public multinational conglomerate manufacturer of automobiles, motorcycles, and battery-powered equipment, founded in October 1946 by Soichiro Honda and headquartered in Minato, Tokyo, Japan.
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This article provides an overview of the automotive industry in countries around the world.
The Honda Verza is a 150 cc (9.2 cu in) single-cylinder standard/naked bike made by Astra Honda Motor in Indonesia since 2013. It is the stripped-down counterpart of the CB Trigger and Unicorn, two related motorcycles sold in India, lacking some features of the Trigger and Unicorn.
The Honda CB150R Streetfire is a CB series 150 cc (9.2 cu in) single-cylinder standard/naked bike made by Astra Honda Motor in Indonesia since late 2012. It is positioned above the more economical Verza in Astra Honda Motor's sport motorcycles lineup.
The automotive industry in Indonesia plays an important role to the economic growth of the nation, contributing 10.16 per cent of the GDP. Indonesia automotive product exports is currently higher in value than their imports. In 2017, Indonesia is the 17th-largest passenger-vehicle producer in the world and the 5th largest passenger vehicle producer in Asia, producing 0.98 million vehicles.
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