Indonesia’s Daihatsu subsidiary increases production again
Indonesia’s local Daihatsu subsidiary PT Astra Daihatsu says it will increase its production capacity for the second time this year, thanks to growing local demand for its vehicles. The company will spend Rp150 billion (US$16.7 million) ramping up production to 330,000 units a year, after announcing plans to spend Rp360 billion ($40.1 million) increasing production to 230,000 a year just a few months ago.
PT ADM has been producing cars since 1977 but began collaborating with Toyota Astra Motor in 2004, and has since invested Rp4 trillion ($446 million) in the local auto industry. Its models have included the Daihatsu Xenia and Toyota Avanza minivans, and the Daihatsu Terios and Toyota Rush SUVs. At its peak, the company produced 1 million units a year in 2005.
source & article: Antara News
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