Vivek Vaidya, Vice President Automotive & Transportation
Asia will be the biggest growth market in the coming years. Global OEMs and suppliers have sorted the China and India strategy while ASEAN is still an untapped market. The market share of Japanese OEMs in ASEAN is higher than their market share in Japan. Further, ASEAN will be the 8th largest market in the coming years with total production of over 3 million vehicles with Thailand and Indonesia emerging as production hubs.
This briefing will investigate the type of vehicles that needs to be introduced in each country and also opportunities and challenges that lies ahead for OEMs and suppliers in ASEAN market.