Some of them are booked by several agencies such as PT Telkom and the governor of Bali. FAW Group has a joint venture with Toyota called Sichuan FAW Toyota Motor and both companies also have another joint venture called Ranz. Chery has a joint venture with Jaguar Land Rover called Chery Jaguar Land Rover, both companies hold a 50-50% stake. Beijing Automotive Group also has a joint venture with Hyundai called Beijing Hyundai, both companies hold a 50-50% stake. Receive a monthly newsletter for the latest automotive product and solution information.
- Indonesia accounts for about one-third of total annual car sales in ASEAN, followed by Thailand on second position.
- The Indonesian automobile market was dominated by Japanese car brands, and most of these brands, such as Toyota, Isuzu and Daihatsu, were solely distributed and/or imported by PT.
- With the free trade agreement, car manufacturers which have already settled in Indonesia
