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Asian Automotive Industry (2007)

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China, India & ASEAN countries are the major driving markets for Asian automotive industry. "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.