Abstract
Automotive industry is the growing at an unprecedented speed in Asian region
in the world, primarily due to a saturating automotive industry of western
world. China, India, & ASEAN (Association of South-East Asian Nations)
countries are the major driving markets for Asian automotive industry. RNCOS
report “Asian Automotive Industry Outlook (2007-2011)” provides an
objective analysis on Asian Automotive industry to explore the potential
opportunities and challenges faced by the industry.
Key Findings
- Low cost vehicles are driving the growth of automotive industry in
emerging economy, such as China & India. It offers immense opportunities for
global players in these economies.
- Asian countries, such as Thailand, Philippines, Indonesia, and Malaysia
are expected to be the potential markets for automotives due to AFTA (ASEAN
Free Trade Area).
- From long-term perspective, cheap financing and prices discounts, rising
income levels, and infrastructure developments will drive the growth in
majority of the Asian automotive market.
- Thailand is emerging as a manufacturing hub for foreign automotive players
due to AFTA under which export tariff are very less.
- Poor infrastructure is affecting the growth pattern in Asian automotive
industry e.g. commercial vehicles dominates Indonesian and two wheelers Sri
Lankan automotive market due to the poor roads.
Key Issues and Facts Analyzed
- Performance of automotive industry in major Asian countries.
- What opportunities exist for the automobile players in Asian automotive
industry?
- Major challenges and driving forces for Asian automotive industry.
- Who are the major competitors in global and Asian passenger car industry?
Key Players Analyzed
This section covers the key facts about major players operating in the Asian
automotive industry, such as General Motors, Toyota, Ford, Nissan Motor
Company Ltd., Honda and Hyundai.
Research Methodology Used
Information Sources
The information in the report has been taken from authentic and reliable
sources like Books, Newspapers, Trade Journals, and White papers, Industry
portals, Government Agencies, Trade associations, Monitoring Industry News and
developments, and Access to more than 3000 paid databases.
Analysis Method
The following methods have been used to analyze the report: Ratio Analysis,
Historical Trend Analysis, Judgmental Forecasting and Cause and Effect
Analysis.
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