In 1985 the group was reconsolidated into a brand new group referred to as GAIKINDO (Gabungan Industri Kendaraan Bermotor Indonesia, “the Association of Indonesia Automotive Industries”). Tata Motors and Marcopolo have a joint venture referred to as Tata Marcopolo, the place Tata owns 51% and Marcopolo owns 49%. MAN SE and UzAvtosanoat have a joint venture referred to as MAN Auto-Uzbekistan, UzAvtosanoat owns 51% and MAN SE owns 49%. Isuzu, Sollers JSC, and Imperial Sojitz have a joint venture called Sollers-Isuzu, Sollers JSC owns 66%, Isuzu owns 29%, and Imperial Sojitz owns 5%. Hyundai Motor Company and Kibar Holding has …
