 | |
| 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, headquartered in Minato, Tokyo, Japan.
Piaggio & C. SpA is an Italian motor vehicle manufacturer, which produces a range of two-wheeled motor vehicles and compact commercial vehicles under four brands: Piaggio, Vespa, Aprilia, Moto Guzzi and Derbi. Its corporate headquarters are located in Pontedera, Italy. The company was founded by Rinaldo Piaggio in 1884, initially producing locomotives and railway carriages.
Suzuki Motor Corporation is a Japanese multinational mobility manufacturer headquartered in Hamamatsu, Shizuoka. It manufactures automobiles, motorcycles, all-terrain vehicles (ATVs), outboard marine engines, wheelchairs and a variety of other small internal combustion engines. In 2016, Suzuki was the eleventh biggest automaker by production worldwide. Suzuki has over 45,000 employees and has 35 production facilities in 23 countries, and 133 distributors in 192 countries. The worldwide sales volume of automobiles is the world's tenth largest, while domestic sales volume is the third largest in the country.
Astra International is an Indonesian conglomerate controlled by Jardine Matheson. It was founded in 1957 by Tjia Kian Tie, Liem Pen Hong with the name of PT Astra International Incorporated.
Jardine Cycle & Carriage Limited is the investment holding company of the Jardine Matheson Group in Southeast Asia. It is currently 75%-held by the conglomerate.
TVS Motor Company is an Indian multinational motorcycle manufacturer headquartered in Chennai. It is the third-largest motorcycle company in India in terms of revenue. The company has annual sales of three million units and an annual production capacity of over four million vehicles. TVS Motor Company is also the second largest two-wheeler exporter in India with exports to over 60 countries.
The Honda CBR150R is a CBR series 150 cc (9.2 cu in) single-cylinder sport bike made by Honda. It is currently manufactured in Indonesia by Astra Honda Motor and previously in Thailand by A.P. Honda.
The automotive industry in Pakistan is one of the smallest but fastest-growing industries in the country, growing by 171% between 2014 and 2018. It accounts for 3% of Pakistan's GDP and employed a workforce of over 3.5 million people as of 2018. Pakistan is the 23rd largest producer of automobiles. Its contribution to the national exchequer is nearly Rs. 50-billion. Pakistan's auto market is among the smallest but fastest growing in Asia. 269,792 cars were sold in 2018, but this number declined to 186,716 in 2019 due to austerity measures. In the 1990s and early 2000s, Pakistan had many Japanese cars. With the launch of the first Auto Policy in 2005, Pakistan launched its first indigenous car, Adam Revo. However, after the 2008 elections, the dollar started depreciating, and due to bad governance, many automakers began to halt production, with some exiting Pakistan. Currently, the auto market is dominated by Honda, Toyota, and Suzuki. However, on 19 March 2016, Pakistan passed a second "Auto Policy 2016-21," which offers tax incentives to new automakers to establish manufacturing plants in the country. In response, Renault, Nissan, Proton Holdings, Kia, SsangYong, Volkswagen, FAW, and Hyundai have expressed interest in entering the Pakistani market. MG JW Automobile Pakistan has signed a memorandum of understanding (MoU) with Morris Garages (MG) Motor UK Limited, owned by SAIC Motor, to bring electric vehicles to Pakistan. NLC signed an agreement with Mercedes-Benz to manufacture Mercedes Actros trucks in Pakistan. Pakistan has not enforced any automotive safety standards or model upgrade policies. A few older vehicle models, including the Bolan and Ravi, continue to be sold by Suzuki. On 8 July 2021, Jolta Electric launched the production of electric motorcycles.
The Jincheng Group was established in 1949 and affiliated with China Aviation Industry Corporation I, Jincheng Corporation is a large state-owned enterprise group engaged in five industries, i.e., electromechanic and hydraulic industry, light power industry, vehicle industry, international trade industry and production & service industry. Jincheng Corporation is a hi-tech enterprise, a model enterprise of CIMS Project of the 863 Program and a national "contract-abiding by and credit-emphasizing:enterprise. The brand "Jincheng", with the value of RMB 3.109 billion Yuan, is "Chinese Famous Trademark". The company is headquartered in Nanjing, Jiangsu Province, China.
The automotive industry in Bangladesh is the third largest in South Asia.
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 motorcycle industry of the People's Republic of China is the second largest in the world after India with a motorcycle output of 17 million in 2019 this is down from 22,891,700 in 2013, when 39.75% of the total production was exported. China also produces auto rickshaws, all-terrain vehicles, and motorcycle components and accessories in great numbers.
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.
The automotive industry in Vietnam is a fast-growing sector mainly reliant on domestic sales. All currently produced models are designed abroad by foreign brands, and many rely on knock-down kit production. Due to a high import taxes on automobiles, the Vietnamese government protects domestic manufacturing. Although Vietnam is a member of the ASEAN Free Trade Area, automobile imports fall under an exception. Since January 1, 2018, the 30% import tax has been discontinued as part of ASEAN agreements. Currently, the Vietnamese motor industry is not deemed competitive enough to make exports feasible. As of April 2018, 85% of car sales in Vietnam were produced domestically from CKD kits.
PT Astra Daihatsu Motor is an automobile manufacturing company based in Jakarta, Indonesia. It is a joint venture company between Daihatsu, Astra International and Toyota Tsusho. It is the largest car manufacturer in Indonesia by production output and installed capacity, and has been second best-selling car brand behind Toyota. ADM also supplied most Toyota-branded models sold in Indonesia, which includes compact cars such as Avanza, Rush, Agya and Calya.
PT Toyota-Astra Motor 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. It has been the best-selling car brand in Indonesia every year in a row since 1997.
PT Honda Prospect Motor is a subsidiary of Honda automobiles for production, marketing and export of passenger cars in Indonesia. Based in Jakarta, it is a joint venture company between Honda (51%) and Prospect Motor (49%). Established on 15 February 1999, HPM replaced PT Imora Motor as the sole distributor of Honda cars in Indonesia.
PT Triangle Motorindo is a private Indonesian automotive manufacturer based in Semarang, Central Java. Its tradename is Viar Motor Indonesia or simply Viar. Main products of Viar are motor trikes, scooter motorcycles, underbone motorcycles, sport bikes, electric motorbikes, motocross, and ATV.
