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<a href="http://www.accessmylibrary.com/coms2/summary_0286-33502205_ITM" title="Facts and information about INDONESIA'S ASTRA TO SPEND US$388 MLN IN 2008 ON MKT EXPANSION.">INDONESIA'S ASTRA TO SPEND US$388 MLN IN 2008 ON MKT EXPANSION.</a>
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INDONESIA'S ASTRA TO SPEND US$388 MLN IN 2008 ON MKT EXPANSION.
JAKARTA, Dec 3 Asia Pulse - Indonesia's largest automotive company PT Astra International (JSX:ASII) said it will spend Rp3.5 trillion (US$388.5 million) to maintain its domination of automotive market in Indonesia in 2008.
Astra hopes to sell 255,000 units of cars dominated by Toyota or 50 per cent of the country's total car sales of 500,000 units predicted for next year, a company general manager Richard Santosa said.
Astra's Honda brand, also dominates the market of motorcycles in the country.
The widely ...
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