(1888PressRelease)
November 17, 2006 - Automotive industry in Asia offers immense opportunities for foreign players
Mumbai, 17th November, 2006:
Bharat Book Bureau’s latest report on Asian automotives titled “Asian Automotive Industry (2007)”, says that the automotive market in Asia is one of the fastest growing in the world, and one of the main reasons is the saturated industry in the western world.
The report says that China, India and the ASEAN countries are the major driving markets in the Asian region, primarily due to the low cost vehicles, which offer major opportunities for the global players in these economies. The other reasons that drive the growth in the market are cheap financing and discount in prices, rising income levels and infrastructure developments.
The report says that Thailand is emerging as a manufacturing hub for the foreign players, due to it being an ASEAN Free Trade Area.
Some key issues and facts have been analyzed, which are critical to the success of the business, like industry performance, the major challenges and driving forces, the major competitors etc. Major players in the market include General Motors, Toyota Motors, Ford, Nissan, Hyundai, Honda etc.
An overview and analysis of these players has been provided. The demand and supply statistics of the Asian countries along with the current and future prospects have been provided.
Information has been sourced from books, journals, newspapers, white papers, industry portals, government agencies etc.
For more information visit: http://www.bharatbook.com/bookdetail.asp?bookid=24223&publisher=
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