Auto Euro Indonesia
Encyclopedia
PT. Auto Euro Indonesia is a joint venture
between Renault S.A.
and the PT. IndoMobil Group
for the assembly and distribution of cars for the local market. It was founded in 2001 and is located in Jakarta
, Indonesia
.
Joint venture
A joint venture is a business agreement in which parties agree to develop, for a finite time, a new entity and new assets by contributing equity. They exercise control over the enterprise and consequently share revenues, expenses and assets...
between Renault S.A.
Renault
Renault S.A. is a French automaker producing cars, vans, and in the past, autorail vehicles, trucks, tractors, vans and also buses/coaches. Its alliance with Nissan makes it the world's third largest automaker...
and the PT. IndoMobil Group
IndoMobil Group
The 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 PT. IndoMobil. The company operates plants in Jakarta, Bekasi and Purwakarta. CEO of the firm is Chrysler Robert J...
for the assembly and distribution of cars for the local market. It was founded in 2001 and is located in Jakarta
Jakarta
Jakarta is the capital and largest city of Indonesia. Officially known as the Special Capital Territory of Jakarta, it is located on the northwest coast of Java, has an area of , and a population of 9,580,000. Jakarta is the country's economic, cultural and political centre...
, Indonesia
Indonesia
Indonesia , officially the Republic of Indonesia , is a country in Southeast Asia and Oceania. Indonesia is an archipelago comprising approximately 13,000 islands. It has 33 provinces with over 238 million people, and is the world's fourth most populous country. Indonesia is a republic, with an...
.