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Tata Motors Come, Astra Ready to Attack

Tata Motors Come, Astra Ready to Attack

Indonesia PT Tata Motors, a subsidiary of India's automotive companies will make Indonesia its production base in ASEAN vehicle. But the automaker PT Astra International Tbk not flinch.
 

Astra President Director Prijono Sugiarto said he did not underestimate the competition in the automotive sector in Indonesia today.

 

"We never underestimate the industry. Surely they (Tata Motors) have abilities and strengths. Thankful we've been in this business and have customers loyal and Astra network, as well as post-sale is also important, to see the car out of service and that influence to maintain our market share, "said Prijono when met at the Four Seasons Hotel, Kuningan, Jakarta, Monday (17/09/2012).

 

Astra boss said, bustling automotive business competition. But Astra confident because penjuaan cars MPV class today, at 78% is still dominated by the Toyota Avanza and Daihatsu Xenia which is a product of Astra.

It is said Prijono, current Astra car sales market share reached 56% in Indonesia. Astra was a careful look at the impact of a minimal increase in payment policy (DP) car loans.


 

"We must be careful to look forward as a down payment impact remains unclear. Demand has been rising in the sense of the Eid. We saw in September is whether there is a decline," said Prijono.

 

In addition, Prijono also said the target of investment or capital expenditures this year the company will be around U.S. $ 1.5 billion. These investments will be distributed to its subsidiary as United Tractor, Astra Agro, to manufacture Kertosono-Mojokerto toll road.

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