TA Finance financed 30,000 units Rp4 trillion worth
Finance March 8th, 2010
PT Toyota Astra Financial Services (TA Finance) said the new financing can be closed this year to Rp4 trillion, equivalent to 30,000 units of motor vehicles.
TA Finance Marketing Manager said Vishnu Kusumawardhana financing trends continue to rise this year. In late November, the financing has reached Rp3, 9 trillion this year so that the target Rp3 trillion, equivalent to 24,000 units was exceeded.
“With the conditions this year were expected to be closed in a number Rp4 trillion, equivalent to 30,000 units,” he told Bisnis.com, this weekend.
TA Finance before raising new loans in the target this year to Rp3, 7 trillion from the previous Rp3, 1 trillion in anticipation of an upward trend towards the financing of Lebaran, although in the first half of this year slightly corrected financing.
Last year, a new financing joint venture (JV) between PT Astra International Tbk and Toyota Financial Services Corporation in Japan reached 27,000 units, equivalent to Rp3, 5 trillion, much higher than the 2007 level was 17,000 units or Rp2 trillion.
Vishnu said that next year the vehicle financing prospects remain positive so optimistic with the business side multifinance funding especially from the side, too safe.
