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AEC seeks to end Japanese dominance

ASEAN Economic Community

ASEAN Economic Community

The implementation of ASEAN Economic Community (AEC) in 2015 is likely to reduce the dominance of big Japanese automakers in the region introducing a more level playing field. Smaller Japanese players such as Suzuki, Mitsubishi and Isuzu and new entrants will gain the most from the implementation of AEC, as the level playing field will make it easier to expand their presence and challenge incumbents. However, big Japanese OEMs are still likely to continue to lead the market. [Read more…]

Conference Gives 2013 Outlook on Market

Global Automotive Market

Global Automotive Market

Complimentary web conference reveals which global OEM is expected to cross the 10 million sales mark, while another may be acquired

2013 is expected to be the year of the dragons and eagles striving growth and balancing fall in the European automotive industry. While China is expected to cross 20 million vehicle sales, the U.S. market is expected to reach 15 million sales, a record high since the economic crisis in 2007. On the other side of the Pacific, the ASEAN markets had a tremendous growth in 2012 with Indonesia joining the one million sales club for the first time. [Read more…]