— Mitsubishi Motors Corporation (MMC) today announced that on September 15 in Indonesia it will launch sales of Maven, a new multi-purpose vehicle. Maven will be supplied by Suzuki on an OEM basis and sold via MMC's Indonesian distributor P.T. Krama Yudha Tiga Berlian Motors (*1).
Maven employs the body of APV, which is produced by Suzuki's local subsidiary, with a partially altered exterior design. Maven is fitted with a 1.5-liter gasoline engine produced by MMC's local engine production partner P.T. Mitsubishi Krama Yudha Motors and Manufacturing (*2). OEM-supply volume will be a maximum of 12,000 units per year.
Mitsubishi Motors and Suzuki first co-developed a small commercial vehicle (*3) in Indonesia that was launched in 1991. The new OEM supply agreement is MMC's second cooperative project with Suzuki in Indonesia. By adding Maven to its lineup, MMC anticipates new customer expansion in the market.
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*1: |
Krama Yudha Tiga Berlian Motors |
| President: Fumio Kuwayama / Head Office: Jakarta / Established: July 1970 / Employees: 630 / Capital: 20.9 billion Rupiah (appr. 209 million Yen) / Models: Grandis, Lancer, Galant, Kuda, Strada/L200 (pickup), Colt T120SS, Colt L300 / Fiscal year 2004 unit sales: 47,554 |
| *2: |
Mitsubishi Krama Yudha Motors and Manufacturing |
| Head Office: Jakarta / Established: Aug 1973 / Capital: 11.4 billion Rupiah (appr. 114 million Yen) / Ownership by MMC: 32.3% / President: Tetsuo Yoshida / Employees: 920 / Operations: engine, transmission, sheet metal parts production / Monthly capacity: appr. 9,500 units (engines) / Fiscal year 2004 production: 86,887 units (engines) |
| *3: |
Mitsubishi model: Colt T120SS, Suzuki model: Futura, each model is currently being separately produced and sold. Fiscal year 2004 unit sales totals: Mitsubishi : appr. 21,500 / Suzuki: appr. 38,200 |
