The danger posed by China and India to the Association of Southeast Asian Nations' four vehicle-producing countries may be more apparent than real. "ASEAN auto makers have a head start on Chinese and Indian competitors and are not threatened by their two giant neighbors," Zafar Momin, vice president and auto practice leader- Asia/Pacific, Boston Consulting Group, tells Ward’s. The economic meltdown of 1997-’98 in Southeast Asia is history, and recovery in the region is well under way. ...
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