Visit the global automotive industry news blog with Asia automotive industry news and India automotive industry news.
Daniel P. Malone
ASIA: "Indian automotive market remains optimistic despite economic concerns" September 2012. 3-page press release by LMC Auto.
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Competing in the China Truck Market - Policy & Regulatory Outlook
Government policy plays leading role in driving the development and eventual consolidation of China’s auto industry. According to the Plan on Adjusting and Revitalizing the Auto Industry promulgated in the early of 2009, “capable Chinese players are (...)
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India Automotive Monthly: Executive Summary - April 2013
Is Downsizing The Right Way For Premiums In India?The share of premium vehicles in India is miniscule, but these carmakers are aiming to change that with the move towards smaller locally-built and thus better priced models in the market. (...)
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Hybrid Vehicles Face A Bumpy Road In Thailand
Since Toyota began producing and selling the first hybrid model in Thailand – the Camry – three years earlier, sales of hybrid cars in the kingdom have reached close to 19k in 2012. Sales have been growing at an average rate of almost 60% over this s (...)
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China Automotive Monthly: Executive Summary - April 2013
Collapse of SUNTECH: Alarm for the new energy vehicle industry in China.Since SUNTECH IPO in the NASDAQ in 2005, the Chinese photovoltaic (PV) industry has taken a roller coaster ride at an outrageous speed. In 2005, Shi Zhengrong, the bi (...)
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Production units in India are best in the world, say car manufacturers
Multinational automotive plants in India rank among the top across the world in terms of their productivity and quality. Top auto MNCs like Hyundai, Toyota and Suzuki rank their Indian production facilities right on top of their global pecking order. (...)
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Auto Components Industry in India (update)
The Indian auto component industry is expected to reach a turnover worth US$ 113 billion by 2020-21 from US$ 43.4 billion in 2011-12, according to a Automotive Component Manufactures Association (ACMA) report titled, 'Auto Component Industry in India (...)
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ICYMI - U.S. Rep. Gary Peters: Including Japan in trade talks threatens U.S. autos
With the Obama administration recently approving Japan’s request to become part of the Trans-Pacific Partnership (TPP) free trade agreement, membership will be comprised of 12 nations from across the Pacific Rim. TPP has the potential to be the most (...)
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China-EV Blog with Alysha Webb: Shanghai Auto Show random thoughts and a look at China EV market through auto show eyes
I went to the Shanghai Auto Show in April. More specifically, I was there on press day, April 20. The Shanghai show venue is gigantic. Enormous. Stupendously huge. Wear comfortable walking shoes. Even then, I always feel a bit dazed while there, t (...)
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Asia Pacific Economic Outlook - April 2013
Review for China, Japan, Singapore and Vietnam.To download 13-page report, please click here.Source: (...)
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Korean production collapse will disrupt global electronics supply chain
Imagine if half of the market lost the 70 per cent of the world's tablet display, two-third of NAND flash manufacturing, and the worldwide production of dynamic random access memory (DRAM). The world will be in chaos. The worldwide electronics supply (...)
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Japanese Fiscal Year 2013: Subsidy Program for Projects Promoting Asian Site Location in Japan
The Japan External Trade Organization (JETRO) is currently promoting the annual Japanese subsidy program: Subsidy Program for Projects Promoting Asian Site Location in Japan. The application deadline is Monday, June 3rd, 2013, at 12:00PM (Japan time) (...)
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Manufacturing Sector in India (update)
Indian economy has made significant progress over the last few years, with the gross domestic product (GDP) growing at an average rate of 5.3 per cent. The country is the world's third largest economy in terms of the purchasing power parity (PPP) and (...)
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Has global production shift to Asia run its course?
A new report co-authored in Cambridge, suggests that the global production shift to Asia may have “run its course” and points to “undervalued” mid-sized manufacturing firms as essential to UK economic regrowth.A reduction in the trade def (...)
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Mexico, U.S. To Benefit As Manufacturing Leaves Asia
Already heavily intertwined, the U.S. and Mexican economies stand to become even more integrated as creeping costs in China drive some manufacturing back to North America, according to U.S. commerce officials.“A lot of companies are resho (...)
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“Negotiating Successfully in China for Procurement and Purchasing Professionals” online course launched by GlobalBusinessProfessor.com
GlobalBusinessProfessor.com, the leading global business online education platform, today announced the availability of the “Negotiating Successfully in China for Procurement and Purchasing Professionals” by Andrew Hupert. The online course will be (...)
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Taiwan: New anti-avoidance rules
Taiwan's Ministry of Finance ("MOF") recently announced a proposal to introduce two new anti-avoidance rules into the Income Tax Act. This proposal is being reviewed by the Executive Yuan, with a view to submitting the final proposal to the (...)
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China: Skills shortage to continue
With a continued shortage of quality talent likely in China’s professional recruitment market during 2013, many employers will look to develop more targeted attraction strategies to secure the skills they need.Almost half of all employers (...)
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Japan moving closer to Asean
Japan says it will increase financial cooperation with Southeast Asian nations, support their bond markets and make it easier for Japanese companies to raise funds in local currencies.Tokyo will also consider reviving emergency monetary a (...)
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How top guns of India Inc mentor their employees
A leader who lives his or her word and guides employees through major career transitions isn't forgotten easily. Senior India Inc executives take ET through the most important lessons their mentors taught them, and the debt of gratitude they owe them (...)
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Manufacturing in China during the Year of the Snake
In late January, I traveled back to China for a series of client meetings. My visit was coordinated to join a group of Deloitte partners from our member firms in the U.S., Germany, and Japan as part of a week-long program to take a closer look into t (...)
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Amendments to the combinations regulations under Indian law
The Competition Commission of India (the "CCI") has made amendments to the Competition Commission of India (Procedure in regard to the transaction of business relating to combinations) Regulations, 2011 (the "Combinations Regulations&q (...)
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Domestic Anti-Bribery Enforcement May Be on the Rise in China: Multinationals Must Focus on Anti-Corruption Compliance
Until recently, the primary risk that China’s culture of business corruption posed to multinationals was that they might run afoul of the FCPA or the UK Bribery Act. However, if one believes the current Chinese government’s stated prioritization of c (...)
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Non-competition practice under the new judicial interpretation - potential impact on foreign companies operating in China
On 1 February 2013, the PRC Supreme Court issued, with immediate effect, its Fourth Interpretation on Certain Issues regarding the Law Applicable to Trials of Labor Dispute Cases (the "Interpretation"). Among other things, the Interpretatio (...)
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South Korea: Improvements regarding the taxation of an offshore joint business ("OJB")
Clarification of criteria for taxation of an OJB.Previously, an OJB classified as a “foreign corporation” was subject to taxation under the CITL, whilst one that was classified as a “foreign organization” was subject to taxation under the (...)
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Update on Thailand’s investment promotion policy
The Board of Investment (BOI), a Thai government agency established to promote and encourage investment in Thailand, recently proposed a new investment promotion policy to be effective by mid of 2013.Under the BOI scheme, the promoted per (...)
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M&A in China: A corporate survey
Background – M&A in China 2012/2013:Total M&A value in China in 2012 decreased in line with global trends, although the number of deals increased. M&A volume in China remains small at around 5% of the total global activity – i (...)
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India: Government issues norms for setting up manufacturing zones
New Delhi: The government has issued norms for setting up of manufacturing zones under the national manufacturing policy, giving them many benefits, including tax sops.Units located in the National Investment & Manufacturing Zones (NI (...)
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Bringing female perspectives in the boardroom – Challenges in Japan
I have the honor to attend the World Economic Forum in Davos as one of the five representatives from Deloitte this again year. Deloitte LLP, the U.S. member firm, was the first professional firm that launched an initiative for the retention and advan (...)
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Task robot development flourishing in Asia
The market for consumer robots will continue to be dominated by task, entertainment and security/telepresence segments as it goes over the $6 billion mark by 2017, ABI Research predicts. iRobot is still the main player, but more Asian-based companies (...)
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India hums growth tune, nudges ADB to sing along
Seeks hard-pressed bank's support for infra through innovative financing.A couple of days after the Asian Development Bank (ADB) expressed its inability to lend more to India due to resource crunch, New Delhi today sought the Manila-based (...)
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Property prices in Delhi-NCR increase 20% over last year
Delhi and the adjoining National Capital Region (NCR) has seen a 20 per cent rise in property prices over the past year, the highest among all metropolitan regions in the country, according to a report.The highest growth was seen in Secto (...)
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Thailand FTI: Strong baht threat to local suppliers
The Federation of Thai Industries (FTI) has warned that a strong baht could destroy the supply chain from domestic industry, because manufacturers had already begun importing cheaper materials and parts instead of buying locally produced supplies. (...)
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Korea-Turkey FTA to boost industrial exports
With its free trade agreement with Turkey taking effect from Wednesday, Korea is expected to see solid growth in its exports of industrial goods.The top 10 beneficiary items are television sets, automobile parts, lenses, synthetic resin, (...)
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Korea’s labor productivity still low
Korea’s labor productivity ranked 23rd among 34 members of the Organization for Economic Cooperation and Development in 2011, moving up one notch from 2010, the government said.To view graphic "Labor productivity among major OECD mem (...)
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Chinese women not happy with their pay: Survey
Hell hath no fury like a woman scorned- especially a working one. A new survey has revealed that Chinese working women are unhappy about their last pay rise, and intend to change jobs. The Chin (...)
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Asia update: global headlines
Below are the latest articles from around the world featuring articles on Asia.China Manufacturers Survive by Moving to Asian NeighborsSource: (...)
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