Industry Developments

Japanese carmaker Toyota has announced plans to establish a new unit in Thailand, which will co-ordinate the company's regional production. According to reports in Japanese business... 2006-07-06

Thailand's Fiscal Policy Office has refused to reduce the import duty on vehicles from Malaysia, claiming that its ASEAN neighbour still has non-tariff barriers in place, which contravene... 2006-07-06

Vietnam's Finance Ministry has approved a reduction in import tariffs on vehicles from China and a number of South East Asian countries, opening the market further to overseas manufacturers.... 2006-06-28

South Korea's Hyundai Motor plans to launch two models per year in India, which could include model variants, according to company managing director Heung So Lheem. The first two... 2006-06-26

After three months of declining vehicles sales, the Malaysian market returned to health in May with growth of 7.5% y-o-y. The passenger car segment posted growth of 3.6%, largely... 2006-06-22

Commercial vehicle manufacturer Volvo India has launched its new range of high-performance FH and FM trucks, further developing a market segment that the company claims to have pioneered.... 2006-06-21

Chinese carmaker Shanghai Automotive Industry Corp (SAIC) has enhanced its interest in South Korea's Ssangyong Motor by raising its shareholding and ploughing money into product development.... 2006-06-20

UK luxury carmaker Bentley will be making its debut in Korea in response to the country's growing luxury car market. Local dealer Charmzone Company will represent the marque, under... 2006-06-16

As of July 1 2006, China will further reduce import tariffs on selected vehicles and parts under its World Trade Organisation (WTO) commitments. The country's Customs Tariff Commission... 2006-06-16

Combined vehicle sales for the first five months of the year in the Philippines have fallen by 1% y-o-y to 37,821 units, according to a report by the Chamber of Automotive Manufacturers... 2006-06-15