Astra to sell unit to Toyota for $226 mln


JAKARTA, May 22 (Reuters) - Shareholders of Indonesian carmaker Astra International agreed on Thursday to sell the firm's production and manufacturing unit, Toyota Astra Motor (TAM), to Japan's Toyota Motor Corp . "The shareholders have given their approval to sell 46 percent of Toyota Astra Motor to Toyota Motor Corp for $226 million," Astra said in a statement.

Premium Content (PAID Subscription Required)

"Astra to sell unit to Toyota for $226 mln" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×