Indomobil Group

PT Indomobil Sukses Internasional Tbk, known as Indomobil Group, is a car and motor vehicle manufacturer located in Jakarta, Indonesia. It was founded in 1976 by the unification of the two former competitors PT Indohero and the original incarnation of PT Indomobil. The company operates plants in Jakarta, Bekasi, Bekasi Regency, and Purwakarta Regency.

PT Indomobil Sukses Internasional Tbk
FormerlyPT Indomobil Investment Corporation (1976-1997)
Company typePublic PT
IDXIMAS
Industry
Predecessor
  • PT Indomobil Investment Corpora
  • PT Indomobil Inti Industri Tbk
[1]
Founded1976; 48 years ago (1976)
HeadquartersJakarta
RevenueIncrease Rp 18.615 trillion (2019)
Increase Rp 156 billion (2019)
Total assetsIncrease Rp 44.699 trillion (2019)
Total equityIncrease Rp 9.40 trillion (2019)
Owners
  • Gallant Venture (49.49%)
  • Sejahtera Raya Perkasa (20.24%)
  • Tritunggal Intipermata (18.17%)
Number of employees
14,445 (2019)
Websitewww.indomobil.com

As of 2024, the group distributes (and manufactures some) vehicle marquees such as; Audi, Citroën, Foton, GAC Aion, Great Wall Motor, Harley-Davidson, Hino, Jaguar, John Deere, Kia, Land Rover, Maxus, Mercedes-Benz, Nissan, Renault Trucks, SDLG, Suzuki, Volkswagen, Volvo Buses, Volvo Construction Equipment, Volvo Trucks, and Yadea.

Current business

Passenger cars

Two-wheeled vehicles

  • Harley-Davidson, distributed through PT JLM Auto Indonesia.
  • Yadea electric vehicle, distributed through PT Indomobil Emotor Internasional (99%).[5]

Commercial vehicles

  • Hino, with PT Hino Motors Sales Indonesia (40%)[5] as distributor, an assembly plant owned by PT Hino Motors Manufacturing Indonesia (10%),[5][12] and a financing company PT Hino Motors Finance Indonesia (36.79%).[5]
  • Volvo Trucks and Volvo Buses, distributed through PT Indotruck Utama (74.99%).[5]
  • Renault Trucks, distributed through PT Indo Traktor Utama (74.99%).[5]
  • Foton, with PT Indomobil Global Transportasi as the distributor.

Heavy-duty equipment and machinery

Financial services

Vehicle rental

  • Indorent, or PT CSM Corporatama, provide rentals of passenger and commercial vehicles, 91.97% owned by the group.[5]
  • Indopenske, or PT Indomobil Bussan Trucking, a joint venture between Indorent (PT CSM Corporatama), Penske Truck Leasing, and Mitsui & Co., Ltd.,[16] which provides commercial vehicle rental service.

Logistics

  • PT Seino Indomobil Logistics, a joint venture between Indomobil Group and Seino Holdings Co Ltd, which provide car carriers, trailer transports, fuel transport, refrigerated transports, and other charter transport services.[17]
  • Indologi, or PT Indologi Summit Logistics, a joint venture between Indomobil (through Indorent / PT CSM Corporatama) and Sumitomo Corporation. Indologi provides services such as vehicle pre-delivery inspection, vehicle storage area, and maintenance.[18]
  • SIP Express, or PT Solusi Indomobil Perkasa, which provides last mile logistics.[19]

Contracting Services

  • Prima Contracting, or PT Prima Sarana Gemilang, a mining and general contractor.[20]

Vehicle Parts

  • Indoparts, or PT Central Sole Agency, that manufactures batteries, engine parts, brake shoe, tires, chain, belts, bearing, suspensions, and other automotive parts.[21]
  • Furukawa Battery Indonesia, a joint venture with Furukawa Electric that manufactures batteries.
  • Dunlop, or PT Sumi Rubber Indonesia, a joint venture with Sumitomo Rubber Industries[22] which manufactures Dunlop tires.
  • PT Sumi Indo Wiring Systems, a joint venture with Sumitomo Wiring Systems, which manufactures wiring harness to be supplied to automotive manufacturers for local and export.[23][24]
  • Indostation, or PT Sentra Trada Indostation, which with ExxonMobil, provides one-stop-service micro gas stations and retail the Mobil petroleum brand.[25]

Vehicle Repairs

  • Autoglad, or PT Indomobil Sompo Jepang, a joint venture with SOMPO Holdings, which provides workshops for automotive body repairs.[26]
  • PT Indomobil Ekspres Truk, which operate in the repair and trading for trucks and buses.[27]

Assembly, Body Builder and Manufacturing

  • PT National Assemblers, assembly plant for various brands (99.97%).[28]
  • Kyokuto Indonesia, which manufactures and distribute truck attachments such as dump truck, concrete mixer, garbage compactor, and tailgate lifter.[29] The manufacture is performed by PT Kyokuto Indomobil Manufacturing Indonesia and distributed by PT Kyokuto Indomobil Distributor Indonesia,[30] both are joint ventures between Indomobil and Kyokuto Kaihatsu Kogyo Co. Ltd.[29]
  • Indomatsumoto & Indomurayama, which provides parts stamping and making dies for automotive parts. PT Indomatsumoto Press & Dies Industries and PT Indomurayama Press & Dies Industries are joint ventures with Matsumoto Industries.[31]

Others

  • PT Indomobil Prima Energi, which distributes ExxonMobil's products.[30]
  • DAX, or PT Data Arts Experience, a digital agency that specializes in data-based marketing.[30]
  • Teach Cast with Oxford, or PT Indomobil Edukasi Utama, which is a collaboration with Oxford University Press to provide technology-based English conversation trainings.[32][30]

Previous operations

  • Autobacs, or PT Autobacs Indomobil Indonesia, a joint venture between Indomobil (through Indoparts / PT Central Sole Agency) with Autobacs Seven, which provided retail accessories and parts for passenger vehicles.[33] In January 2024, both parties ended the partnership.[34]
  • Chery, with distribution through PT Unicor Prima Motor, a joint venture founded in 2006 between Indomobil Group and Chery Automobile.[35] In 2013, Chery exit from Indonesian market due to poor sales. The brand re-entered the Indonesian market under direct headquarters control.[36]
  • Datsun, which was assembled by PT Nissan Motor Indonesia from 2013 until 2020.[37] In 2022, Nissan Motor retired the Datsun marquee globally.[38]
  • Infiniti, which was assembled by PT Nissan Motor Indonesia until 2018 due to poor sales.[39]
  • Mazda, which Indomobil Group was appointed as the sole distributor for Indonesian market since 1980s.[40] In 2006, Mazda Motor Corporation decided to terminate the exclusive distribution rights with Indomobil, and taken over the distribution themselves through PT Mazda Motor Indonesia.[40] However in 2017, distribution rights were given to Eurokars Group.[41]
  • Marvia, through PT Marvia Graha Motor.[42]
  • Nissan Finance, or PT NFSI Financial Services, prior to April 2023 known as PT Nissan Financial Services Indonesia.[43] The company was acquired by the convenience store chain Indomaret (PT Indomarco Prismatama) the following month and changed its name to PT Indomarco Financial Services.[44][45]
  • Renault, distributed through PT Auto Euro Indonesia from 2001 to 2019, where it was succeeded by Maxindo.
  • Ssangyong, through PT Indobuana Autoraya.
  • Volvo Cars, distributed in Indonesia until 2017,[46] before it was taken over by Garansindo until 2021.[47]

References