ASEAN members mostly will have abolished tariffs on each other’s products by 2015, as they form a competitive economic region with a single market and production base that is fully integrated into the global economy....More
Toyota and Honda saw sharp increases in their U.S. market share last year, while Nissan, Hyundai, Mazda and Mitsubishi fell. Still, Asian auto makers were the No.1 regional group in auto sales in 2012....More
Toyota is heading for its 10th consecutive year as Australia's top-selling brand with an overwhelming lead of 73,700 deliveries over its nearest rival, twice the margin it held at the same time last year....More
Toyota, which has installed some 1 million units of engine capacity in China, intends to raise local content to upwards of 95%. A similar capacity expansion by the auto maker’s main automatic transmission supplier, Aisin, is in the works....More
Some suppliers are investing in additional facilities because they are confident current production levels will be sustained and because they have exhausted most of their avenues to stretch available...
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