There are difficult times ahead for Asia's auto industry, says Graeme Maxton, the global automotive economist of The Economist Group. "Despite the feverish optimism of the last few years, there are growing signs that the recent recovery is false," he says. Mr Maxton will explain why the recovery is running into difficulties when he co-chairs The Economist Conferences' Fifth Roundtable on the Automotive Industry in Asia on November 16th - 17th 2000 at The Grand Hyatt Hotel in Singapore.