Toyota Tsusho Corporation, Aisin Seiki Co., Ltd., and DENSO Corporation will jointly open a wholly-owned store in Cambodia that will offer automotive repair and maintenance services, as well as sell related automotive components. The wholly-owned store will start operations in February 2014 with the brand name of “PIT & GO.” The company name for the wholly-owned store will be PIT&GO Automotive Service (Cambodia) Co., Ltd.
As the motor vehicle demand in emerging markets, like Asia and Africa are rapidly increasing, there is a growing need for repair, maintenance and other after-sales services for new and used vehicles. To quickly provide high-quality automotive components and services and improve customer satisfaction, Toyota Tsusho, Aisin and DENSO will jointly open a wholly owned store in Cambodia.
To expand its regional service network, PIT&GO will identify qualified stores and designate them as PIT&GO-certified, as well as help them improve their repair skills and store management.
Overview of PIT&GO Automotive Service (Cambodia) Co., Ltd.
| 1.Name | PIT&GO Automotive Service (Cambodia) Co., Ltd. |
|---|---|
| 2.Location | Phnom Penh, Cambodia, about a 30-minute drive from Phnom Penh International Airport |
| 3.Ownership | 51% owed by DENSO International Asia Pte. Ltd.*1, 39% by TOYOTA (CAMBODIA) CO., LTD.*2, and 10% by Aisin Asia Pte. Ltd.*3 |
| 4.Capital | US$ 900,000 (approx. 88 million yen) |
| 5.Start of operations | February 2014 (planned) |
| 6.President | Hidemi Nakagawa from DENSO Corporation |
| 7.Employees | Approx. 10 (projected for 2014) |
| 8.Business description | Repairing vehicles, selling related components, and providing its certified stores with technical guidance and managerial support |
