Toyota buys 40% stake in Indonesia used-car seller Astra Digital Mobil

Toyota buys 40% stake in Indonesia used-car seller Astra Digital Mobil Toyota buys 40% stake in Indonesia used-car seller Astra Digital Mobil

NAGOYA — Toyota Motor has acquired a 40% stake in Indonesian used-car dealer Astra Digital Mobil, the Japanese automaker’s Asia subsidi announced on Tuesday, as it looks to expand its reach in the Southeast Asian country’s second-hand market.

Astra Digital Mobil operates dealerships and facilities in 10 major cities across Indonesia.