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4-Traders Homepage  >  Equities  >  INDONESIA STOCK EXCHANGE  >  Astra International Tbk PT    ASII   ID1000122807

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PT Astra International Tbk : ASTRA, TOYOTA and DAIHATSU Announces New Collaboration Project Pride of Indonesia : AGYA and AYLA

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09/19/2012 | 12:49pm CEST

JAKARTA: PT Astra International Tbk (ASTRA), Toyota Motor Corporation (TOYOTA) and Daihatsu Motor Company (DAIHATSU) announces new collaboration project, Astra Toyota AGYA and Astra Daihatsu AYLA, new compact green cars with 5 passengers capacity that will be displayed in the 20th Indonesia International Motor Show (IIMS) which will take place on September 21st to 30th, 2012 in JIExpo Kemayoran, Jakarta.


This collaboration is an important milestone in the history of the automotive industry in Indonesia, besides inline with the government program to design an LCGC (Low Cost Green Car), this is the first automotive product designed by an Indonesian, selected globally and have compete with designers from Italy, France and Japan. In this latest collaboration project, DAIHATSU which is known as a specialist of compact cars, is in charge of planning, development and production for AGYA and AYLA.
While TOYOTA as a global automotive player and market leader with the highest market share in Indonesia and as the leader in brand image based on the technology, will always provide the best fit customer needs. One of the product that stays in the heart of Indonesians is Toyota Kijang, has been part of the Indonesian family for 30 years.
ASTRA as one of Indonesia's business entity comprise of 6 business lines: Automotive, Financial Services, Heavy Equipment & Mining, Agribusiness, Infrastructure & Logistic and Information Technology with more than 1000 outlets across Indonesia with services to more than 10 million customers, taking part in the growth of Indonesia's economy and social welfare. In the automotive sector, Astra has a wide range of network with outlets throughout Indonesia have long experience in vehicle distribution services include sales, maintenance, parts replacement and after sales services.
Astra Toyota AGYA and Astra Daihatsu AYLA, both will be produced at the new factory of PT Astra Daihatsu Motor (ADM) in Suryacipta industrial park, East Karawang. ADM's new plant is scheduled to be completed in October this year with a production capacity can reach 100,000 units per year when it is running full. The new plant will be the pride of Indonesia because in addition to having production will also having Research & Development (R & D) facilities.


DAIHATSU are committed to continue to develop skills in producing fuel-efficient and affordable cars to meet the needs of the people of Indonesia. DAIHATSU will also continue to contribute to the development of the automotive industry in Indonesia to strengthen its R & D as a first step in the development of the local automotive industry makes ADM as production base as well as product design base in the future.New Model Key Features:


1. Fuel-efficient and affordable because it is lightweight to maximize energy efficiency by using Daihatsu technology based on quality concept to maximize the functionality of vehicle components.

2. Long wheelbase, luggage and the interior is roomy, enough to carry 5 adults but still compact.

3. The outward appearance of dynamic and elegant manufactured by Indonesian designer.

4. Compact and comfortable ride because it has high ground clearance for a comfortable ride even on the bad road though, with a small turning radius makes it easy to maneuver the vehicle on a narrow road.

This is the latest collaboration project from Astra-Toyota-Daihatsu to fullfil the needs of Indonesians and being Pride of the Nation.

For further information:
Rouli/Dimas/Seren/Dwi/Aryo :
Public Relations TAM :
Telp: (021) 651-5551 ext. 2280/2266
Fax: (021) 651-5231
Email:
rouli.sijabat@toyota.astra.co.id;
dimas.aska@toyota.astra.co.id;
serenade.miolo@toyota.astra.co.id;
dwi.astuti@toyota.astra.co.id;
aryo.yudhias@toyota.astra.co.id;
Agus/Guntur/Oka/Lizta/Fandi :


Public Relations ADM :
Telp: (021) 6510400 ext. 5444/5447
Fax: (021) 6512848
Email:
agus.nardianto@daihatsu.astra.co.id;
guntur.kusuma@daihatsu.astra.co.id,
aditya.oka@daihatsu.astra.co.id;
lizta.permata@daihatsu.astra.co.id;
muhamad.arfandi@daihatsu.astra.co.id;

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Financials ( IDR)
Sales 2016 184 742 B
EBIT 2016 16 937 B
Net income 2016 16 589 B
Debt 2016 41 857 B
Yield 2016 2,21%
P/E ratio 2016 21,39
P/E ratio 2017 18,17
EV / Sales 2016 2,11x
EV / Sales 2017 1,92x
Capitalization 348 158 557 M
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Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 8 330  IDR
Spread / Average Target -3,1%
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NameTitle
Prijono Sugiarto President Director & Chief Executive Officer
Budi Setiadharma President Commissioner
Regina Okthory Sucianto Chief Corporate Finance & Accounting Officer
Benny Halim Chief Corporate Information Technology Officer
Anthony John Liddell Nightingale Commissioner
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