Indomobil (IMAS), controlled by Salim Group, used to be the second largest automotive player in Indonesia behind Astra International (ASII). In recent years, however, Indomobil lost ground to other groups, including Honda and Mitsubishi-Nissan. Last year, the Company’s sales revenue dropped 16.6%, while net losses expanded 547% to Rp296 billion.To subscribe please click here