In the first 3 parts of this series we have observed that Chinese carmakers have managed their expansion into Africa, Latin America and Eastern Europe by securing less developed markets and using them as anchor points for a more widespread presence in these regions. In this context it’s interesting to note that in their own ‘backyard’, Asia, the same strategy has not been met with the same success, with only a handful of small markets in the region ‘cracked’ so far..
Myanmar was once a pariah state known for its brutal military government and mistreatment of human rights activists like Aung San Suu Kyi. But democratic reforms and an easing of trade sanctions by Western governments means that doing business in Myanmar is now feasible – and GM is the latest automaker looking to establish a footing in the Asian country.
Uh-oh: Our colleagues and fellow market watchers in Malaysia were waiting and waiting for market data for the month of July, but none arrived. With August about to end, they stared to ask questions. They were told there won’t be any data. No, it wasn’t because Malaysia suddenly is like Europe. In the Old Country, July data traditionally are supplied in September,because Europe is on vacation in August.
No, it was because Proton suddenly refused to supply its data. (Read More…)
At a briefing in Traverse City, Michigan, Ford outlined its plans for tackling the twin challenges of Asia and Europe. Despite the capacity crisis facing the industry, Ford is aiming to avoid any European factory closures, while also expanding in Asia.
India is touted to become one of the biggest car markets in the world by the end of this decade. However, there is a lot of uncertainty in the Indian automobile market. Fuel prices fluctuate (usually northwards) abruptly, while the Government tries to cover its mis-governance by increasing taxes on cars when its least expected. But which is the car that Indians are buying the most? It is the Maruti Suzuki Alto! (Read More…)