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
The Malaysian auto maker is concerned the lack of quality housing near its headquarters makes it hard to recruit younger employees, and believes the planned development will help draw more talent for executive and other posts....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
Protectionist walls enjoyed for decades now are weakening and competition from foreign auto makers is sharpening as government leaders recognize the old ways won’t work well in a changing world....More
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