Abstract
Asia automotive is the fastest growing region in the world, primarily, due to
a saturating automotive industry of western world. China, India & ASEAN
countries are the major driving markets for Asian automotive industry. RNCOS
"Asian Automotive Industry (2007)" report provides 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, 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 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 affecting the growth pattern in Asian automotive
industry e.g. commercial vehicles dominates Indonesian and two wheelers in Sri
Lankan automotive market due to the poor roads.
Key Issues and Facts Analyzed
- Automotive Industry performance of 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 Passenger car industry?
Key Players Analyzed
This section covers the key facts about major players currently operating in
the Asian automotive industry, such as General Motors, Toyota Motor, Ford,
Nissan, Honda, and Hyundai etc.
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