March 04, 2015 8:22 AM ET

Automobiles

Company Overview of PT Astra Honda Motor

Company Overview

PT Astra Honda Motor operates as a subsidiary of Honda Motor Co. Ltd.

Jl Laksda Yos Sudarso Sunter 1

Jakarta,  

Indonesia

Founded in 2001

Key Executives for PT Astra Honda Motor

PT Astra Honda Motor does not have any Key Executives recorded.

PT Astra Honda Motor Key Developments

PT Astra Honda Motor to Expand Motorcycle Production Capacity in Indonesia

PT Astra Honda Motor announced plans to expand the production capacity of its motorcycle production plant in Karawang (4th plant) by adding a new production line with annual production of 500,000 units. The new production line will be dedicated to the production of sports bikes so that AHJ can realize stable supply to accommodate rapidly growing demand for sports bikes, which are considered to be high-value-added products in Indonesia. With the addition of the new production line, AHJ will provide good products with speed, affordability and low CO2 emissions and fulfill the demand in the sports bike market where further growth is expected. In this way, Honda will strengthen and establish its presence in the motorcycle market in Indonesia. The new sports bike production line will be built within the property of AHJ's existing Karawang Plant in the Bukit Indah Industrial Park, which is located approximately 70 kilometers east of the central part of Jakarta. AHJ plans to invest IDR 1,900 billion (approximately JPY 16.9 billion) to build this new production line and newly hire approximately 1,500 associates to begin production before the end of 2015. With the addition of the new production line with production capacity of 500,000 units, the total production capacity of the Karawang Plant will be increased from the current 1.1 million units to 1.6 million units. The combined annual motorcycle production capacity of AHJ's four existing plants will increase from 5.3 million units to 5.8 million units before the end of 2015.

PT Astra Honda Motor to Expand the Production Capacity of its Motorcycle Production Plant in Karawang

PT Astra Honda Motor announced plans to expand the production capacity of its motorcycle production plant in Karawang (4th plant) by adding a new production line with annual production of 500,000 units. The new production line will be dedicated to the production of sports bikes so that AHJ can realize stable supply to accommodate rapidly growing demand for sports bikes, which are considered to be high-value-added products in Indonesia. With the addition of the new production line, AHJ will provide good products with speed, affordability and low CO emissions and fulfill the demand in the sports bike market where further growth is expected. The new sports bike production line will be built within the property of AHJ's existing Karawang Plant in the Bukit Indah Industrial Park, which is located approximately 70 kilometers east of the central part of Jakarta. AHJ plans to invest IDR 1,900 billion to build this new production line and newly hire approximately 1,500 associates to begin production before the end of 2015. With the addition of the new production line with production capacity of 500,000 units, the total production capacity of the Karawang Plant will be increased from the current 1.1 million units to 1.6 million units. The combined annual motorcycle production capacity of AHJ's four existing plants will increase from 5.3 million units to 5.8 million units before the end of 2015.

Astra Honda Motor Announces Unaudited Sales Results for the Year Ended December 31, 2013

Astra Honda Motor announced unaudited sales results for the year ended December 31, 2013. For the period, the company’s sales rose 15% to 4.7 million units, with its market share increasing from 58% to 61%.

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