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
The Malaysian government announced a second update to its National Automotive Policy (NAP) in January. Tony Pugliese provides an assessment of a policy that looks ambitious.
South Korea's top five vehicle manufacturers sold a combined 8,605,654 vehicles globally in 2013, which represents a 5% increase compared with 8,198,295 units sold in 2012, according to data released individually by the vehicle manufacturers.
Malaysia's Tan Chong group has stepped up its efforts in the last few years to expand its regional footprint and cement its position as one of South-east Asia's largest independent pan-regional vehicle distributors.
The Thai government launched “phase two” of its “eco-car” programme in October 2013, after it received final approval from its Board of Investment (BOI) in August. Tony Pugliese reviews Thailand's incentives and the resultant boost to the country's automotive sector.
New vehicle sales in the ASEAN region of south-east Asia declined in the third quarter according to exclusive analysis produced for just-auto. A sharp drop in sales in Thailand was mainly responsible for the Q3 reversal. Nevertheless, sales for the first nine months remain ahead of last year.
Indonesia's government announced broad plans for a small-car incentive programme in 2010. Progress has been slow, but a number of manufacturers are now participating in the Indonesian scheme. Tony Pugliese reviews progress to date.
New vehicle sales in the ASEAN region’s six main markets grew by just 4.9% to 888,240 units in the second quarter of 2013, from 847,105 units a year earlier, according to data compiled by AsiaMotorBusiness.com from various industry sources.
The 34th Bangkok International Motor Show got under way with a press preview on 26 March against a backdrop of record domestic sales in the country - driven by a domestic economy rebounding strongly from the devastating floods at the end of 2011.
Mitsubishi Motors (Thailand) plans to invest THB1bn (USD33.6m) to increase production capacity of its Mirage small car to 200,000 units this year in response to strong domestic and overseas demand.
In this month's management briefing we review the latest developments and prospects for demand in the world's major vehicle markets. This instalment takes a look at the ASEAN markets of south-east Asia.
New vehicle sales in the ASEAN region’s six largest markets increased by over 27% to 918,216 units in the third quarter of 2012, from 721,543 units in the same period of last year, writes Tony Pugliese.
New vehicle sales in the ASEAN region’s six largest markets increased by over 40% to 834,421 units in the second quarter of 2012, from 590,529 units a year earlier, with the top two markets accounting for most of the growth.
New vehicle sales in the ASEAN region’s six largest markets increased by 5% to 733,090 units in the first quarter of 2012, due primarily to strong growth in the region’s two main markets – Thailand and Indonesia.
New vehicle sales in the ASEAN region’s six largest markets fell by 15.4% to 584,790 units in the fourth quarter of 2011, from 691,517 units a year earlier, writes Tony Pugliese.
Ford Motor has confirmed it is looking to build an assembly plant in Indonesia “in the near future”, as the market continues to show strong growth potential.
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