The Asian automobile industry is changing. While carmakers in advanced countries falter, Chinese car manufacturers are growing rapidly, contributing to the expansion of the Asian auto market as a whole, and in the process bringing about not only quantitative changes but also qualitative changes. Chinese car carmakers have advanced into Southeast Asia while Western companies have also set foot in China’s compact car market. Meanwhile, ASEAN is emerging as the next auto manufacturing base after China. Let us take a look at the present and future of the rapidly changing Asian auto market.
1. Global Carmakers to Capitalize on China as a Platform, Asian Car Market Undergoing Change (Shim Sang-hyung, Chu Ji-mi)
2. China is Now the World’s Largest Car Market and the Focus of Global Strategies (Ryu Ki-chun)
3. Southeast Asia Emerges as a Post-BRICs Auto Market (Cho Chul)
- Source: Cover Story, Chindia Plus Quarterly Spring 2014 VOL.14