Our Man In ASEAN
By: Tony Pugliese
Jakarta-based Tony Pugliese's regular updates, news and analysis from the ASEAN countries of south-east Asia
Nissan Motor confirmed this week that it has signed an agreement to acquire a 34% stake in Mitsubishi Motors, in a deal worth JPY247bn (US$2.17bn).
New vehicle sales in south-east Asia’s six largest markets fell by 3.6% to 737,474 units in the first quarter of 2016, from 765,399 units in the same period of last year, according to data compiled exclusively for just-auto.
The 37th Bangkok International Motor Show got underway this week at the "Impact" exhibition centre near the old Don Muaeng airport on the outskirts of Bangkok. Tony Pugliese reports for just-auto
Ford’s decision in January to pull out of Japan and Indonesia, two major automotive markets in Asia, by the end of the year took the rest of the automotive industry by surprise.
New vehicle sales in southeast Asia’s six largest markets expanded by 4.4% to 858,872 units in the fourth quarter of 2015, compared with 822,888 units in the same period of last year, according to compiled exclusively for just-auto by AsiaMotorBusiness.com.
The automotive industry itself is more focused on developing Thailand and also Indonesia as low-cost global production bases. More so now in the wake of new trade agreements such as the Trans-Pacific Partnership (TPP), signed in October between 12 Pacific Rim countries including the USA, Japan and ten other Asian and South American countries.
Thailand’s military government is desperate to draw a line under the first-time car buyer programme, a populist scheme which ran between October 2011 and December 2012 and which still has a significant indirect influence on the local vehicle market, writes Tony Pugliese
New vehicle sales in southeast Asia's deteriorated significantly in the second quarter, according to data collected exclusively for just-auto by AsiaMotorBusiness.
After a bumper 2014 in Asia-Pacific, buoyed by growth in China's car market, Tony Pugliese considers the outlook for markets in the region in 2015.
Indonesia is an ASEAN market with plenty of growth potential. However, Tony Pugliese notes that it has hit some bumps in the road as fuel prices have soared.
China's ongoing investigation into anti-competitive practices in the country's automotive industry has picked up momentum in recent weeks, with some of the biggest companies in global automotive industry accused of abusing their market position.
New vehicle sales in the ASEAN region's six main markets continued to decline in the second quarter, by 6.7% to 811,461 units, according to data compiled by Tony Pugliese from various industry sources.
Domestic sales among South Korea's five main automakers increased by 7.7% to 121,221 units in June, from 112,595 units sold in the same month of last year, according to data released by the country's mainstream vehicle manufacturers.
Malaysia’s first national car company, Proton - now in the custody of local privately-owned DRB-Hicom - continues to struggle to find its place in an increasingly competitive and open-boarder car world. Tony Pugliese considers the issues facing the company.
New vehicle sales in the ASEAN region's six main markets declined by close to 15% to 804,522 units in the first quarter of 2014, from 941,754 units a year earlier, according to data compiled exclusively for just-auto by Tony Pugliese.
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