Astra Financial Maintains Solid Performance Amid Challenging Automotive Market

Strong Market Position

Astra International's financing arm has demonstrated resilience in the face of a challenging automotive market, reporting an 8% year-on-year increase in profit as of October 2025. The company's financing subsidiaries, Toyota Astra Finance (TAF) and Astra Credit Companies (ACC), collectively maintained a significant 25% market share in four-wheeled vehicle financing.

Key Performance Highlights

• Total financing for four-wheeled vehicles reached approximately Rp85 trillion between January and October 2025, representing a 5% year-on-year growth
• The company's strong performance was driven by strategic initiatives, including growth in used car financing and multi-purpose financing
• Astra Financial's market share of 25% in the four-wheeled vehicle financing segment underscores its dominant position in the industry

Business Outlook for 2026

Despite current market challenges, Astra Financial remains optimistic about its business prospects for 2026. The optimism is based on anticipated improvements in macroeconomic conditions, including economic growth and increasing mobility needs. The company's management believes that as the economy recovers, consumer demand for vehicles is likely to increase, supporting the growth of their financing business.

Segment-wise Performance

• Four-wheeled vehicle financing maintained a 25% market share through TAF and ACC collaboration
• Two-wheeled vehicle financing, managed by FIFGroup, held a 39% market share
• Heavy equipment financing showed a 14% year-on-year growth, reaching Rp11.2 trillion

Management Perspective

Astra Financial's management attributes their success to strategic diversification within their financing portfolio. While new vehicle financing faced challenges, growth in used car and multi-purpose financing helped maintain overall performance. The company is well-positioned to capitalize on the expected recovery in the automotive market in 2026.