The tantalizing aphorism – what took Japan 20 years to do, the South Koreans did in 15 years and the Chinese (and perhaps the Indians) may do in 10 years – over-simplifies the challenges. When to start counting is critical, but this is roughly the conclusion of a recent 112-page report from CLSA Asia-Pacific Markets that looks at where major auto makers in Asia are today and where they may be in five to 10 years. Japanese auto makers rated the highest, but the report primarily focuses ...

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