Tag Archives: Indonesia

Mitsubishi Fuso Acquires Equity Positions in Two Leading Indonesia Truck Companies

Mitsubishi Fuso Truck and Bus Corporation (MFTBC), an integral part of Daimler Trucks, today announced that it has acquired equity positions in P.T. Krama Yudha Tiga Berlian Motors (KTB) and P.T. Mitsubishi Krama Yudha Motors and Manufacturing (MKM), two leading Indonesia truck and automotive companies. The transaction underlines MFTBC’s commitment to Indonesia, which is the company’s largest market after Japan. Mitsubishi Fuso is the number-one commercial vehicle brand in Indonesia, with over 50 percent market share. Over the past five years, MFTBC has sold over 175,000 units in Indonesia.
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