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 History & Milestone historical milestne tsm rev 1

History & Milestone

History & Milestone
1962
TSM was established on 6 March 1962
PT. Tjaha Sakti Motor was first founded with a deed of establishment number 19, dated 6 March 1962, by Notary Lim Toeng Kie, SH Notary in Jakarta.
1976
TSM became the sole agent and distributor of BMW in Indonesia
PT Tjahja Sakti Motor was officially appointed as the sole agent of BMW in Indonesia. In cooperation with PT Indonesia Service Company, the first BMW 520 / E12 car was assembled and launched in Indonesia in 1977.
1986
PT Astra International became the majority shareholder of TSM
PT. Tjaha Sakti Motor became a member of Astra under Astra Motor Vehicle Division (Astra MVD) since 1986.
1993
TSM appointed PT Gaya Motor as the assembler of BMW Cars
BMW Assembly Plant Displacement from PT Indonesia Service Company to PT Gaya Motor.
2006
TSM became the sole agent of Peugeot
Peugeot, which was previously handled by PT Astra France Motor, was handed to PT Tjahja Sakti Motor. PT Tjaha Sakti Motor is entrusted by Astra to become the importer and manufacturer of Peugeot cars in Indonesia.
2011
TSM became the sole agent of MINI
PT Tjahja Sakti Motor further expanded its business and became the sole agent of MINI, an automotive company under BMW. PT Tjahja Sakti Motor handles MINI's CBU (Completely Built Up) importation processes to Indonesia. This was the beginning of MINI's journey in the Indonesian market.
2015
TSM established partnership with UD Trucks
PT Tjahja Sakti Motor developed a cooperation agreement with PT Volvo Indonesia for the assembly of UD Trucks in Indonesia. This project was credited to develop Astra's Value Chain in the Astra group.
2019
TSM sucessfully turned UD Trucks into an independent company
UDAMI, also known as UD Trucks Astra Motor Indonesia, was established under the supervision of Astra and Volvo Corporation. As the brandholder of UD Trucks, PT Tjahja Sakti Motor ensured that the transition ran smoothly and supported the upgrade of UD Trucks' operation and market share in Indonesia.
2023
TSM established subsidiary company PT Tjahja Surya Motor Indonesia
PT Tjahja Surya Motor Indonesia (TSMI) was established on January 2023 as a subsidiary of PT Tjahja Sakti Motor (TSM) with 99% shares owned by TSM, and 1% owned by PT Pulogadung Pawitra Laksana (PPL). TSMI has obtained an API-U license and currently have business scope in Frame & CBU importation, also Lifestyle.
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Jl. Gaya Motor Selatan no. 1,
Sunter II Jakarta Utara 14330, Indonesia
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