Southeast Asian Automobile Market
Dublin, Aug. 11, 2022 (GLOBE NEWSWIRE) — The “Research Report on the Automobile Industry in Southeast Asia, 2022-2031” report has been added to ResearchAndMarkets.com’s offering.
The development of the automobile industry differs greatly among the Southeast Asian countries. According to the analysis, Thailand is the most developed country in terms of automobile manufacturing. Some world’s leading automobile manufacturers, such as Ford, Honda, Toyota and BMW have built factories in Thailand. In 2021, the production volume of automobiles was 1.72 million.
The export volume of automobiles in Thailand was about 960 thousand units. There are a lot of whole vehicle manufacturers in the Philippines, Malaysia, Vietnam and Indonesia. Myanmar has a small-scale automobile assembly industry.
Singapore, Brunei, Laos and Cambodia do not have the automobile manufacturing industry. Generally speaking, automobile markets in most Southeast Asian countries are highly dependent on import. The imported products include whole vehicles and auto parts.
In general, the sales volume of automobiles in Southeast Asia presents an upward trend in recent years. Especially, the constant economic development in the Philippines and Vietnam stimulates the sales growth of automobiles.
Due to the outbreak of COVID-19, many auto parts or complete vehicle factories in Southeast Asian countries had to reduce or stop production, making the global supply chain suffer a new blow. It is expected that in 2022, COVID-19 is expected to be effectively controlled, and the Southeast Asian auto manufacturing industry will show restored growth.
According to the analyst’s forecast, the Southeast Asian automobile industry will grow rapidly in 2022-2031. On the one hand, the lower labor costs in Southeast Asian countries will prompt global automobile vehicle and component manufacturers to transfer production capacity to these regions.
On the other hand, the rising demand of Southeast Asian automobile market will prompt global automobile vehicle and parts manufacturers to increase exports to these countries.
Key Topics Covered:
1 Analysis of Automobile Industry in Singapore
1.1 Development Environment of Singapore Automobile Industry
1.1.4 Minimum Wage in Manufacturing in Singapore
1.2 Operation Status of Singapore Automobile Industry, 2017-2022
1.2.1 Production Status of Automobile Industry in Singapore
1.2.2 Sales Status of Automobile Industry in Singapore
1.2.3 Import and Export Status of Automobile Industry in Singapore
2 Analysis of Automobile Industry in Thailand
2.1 Development Environment of Thailand Automobile Industry
2.2 Operation Status of Thailand Automobile Industry, 2017-2022
2.3 Major Automobile Manufacturers in Thailand
3 Analysis of Automobile Industry in the Philippines
3.1 Development Environment of Philippines Automobile Industry
3.2 Operation Status of Philippines Automobile Industry, 2017-2022
3.3 Major Automobile Manufacturers in Philippines
4 Analysis of Automobile Industry in Malaysia
4.1 Development Environment of Automobile Industry in Malaysia
4.2 Operation Status of Malaysia Automobile Industry, 2017-2022
4.3 Enterprise Profile of Major Automobile Manufacturers in Malaysia
4.3.1 Proton Auto
5 Analysis of Automobile Industry in Indonesia
5.1 Development Environment of Indonesia Automobile Industry
5.2 Operation Status of Indonesia Automobile Industry, 2017-2022
5.3 Major Automobile Manufacturers in Indonesia
6 Analysis of Automobile Industry in Vietnam
6.1 Development Environment of Vietnam Automobile Industry
6.2 Operation Status of Vietnam Automobile Industry, 2017-2022
6.3 Major Automobile Manufacturers in Vietnam
6.3.4 Ford Vietnam
6.3.5 Mercedes Benz Vietnam
6.3.10 HINO Vietnam
7 Analysis of Automobile Industry in Myanmar
7.1 Development Environment of Myanmar Automobile Industry
7.2 Operation Status of Myanmar Automobile Industry, 2017-2022
8 Analysis of Automobile Industry in Brunei
8.1 Development Environment of Brunei Automobile Industry
8.2 Operation Status of Brunei Automobile Industry, 2017-2022
9 Analysis of Automobile Industry in Laos
9.1 Development Environment of Laos Automobile Industry
9.2 Operation Status of Laos Automobile Industry, 2017-2022
10 Analysis of Automobile Industry in Cambodia
10.1 Development Environment of Automobile Industry in Cambodia
10.2 Operation Status of Cambodia Automobile Industry, 2017-2022
For more information about this report visit https://www.researchandmarkets.com/r/e6ff7e
Southeast Asian Automobile Market
Yahoo Finance tech editor Dan Howley breaks down Microsoft's first-quarter earnings results, which were a beat on both the top and bottom lines.
Microsoft, Alphabet, Spotify are among the top trending stocks in after hours trading on Tuesday, October 25, 2022.
The stock market had a good day today. The S&P has gained 1.63% and moderated its year-to-date losses to 19%. That rally has pushed the index up just out of bear territory. Despite these gains, at least one major bear believes that the index hasn’t bottomed out yet. Mike Wilson, Morgan Stanley’s chief US equity strategist, sees more room for the index to fall, and predicts that the S&P will hit its low point somewhere between 3,000 and 3,200 – a drop that would mean another 20% loss for stocks.
These highly profitable and time-tested stocks can deliver triple-digit total returns for patient investors over the next six years.
Record low supply + record high demand = higher costs for everything
This key segment could help the tech giant return to meaningful growth sooner than some investors might think.
Yahoo Finance's Jared Blikre joins the Live show to break down Google's third-quarter earnings report.
Toyota seems set to do an about-face. In the face of the industrywide race toward electric vehicles, the Japanese automaker has boasted of its unique strategy. For Toyota, the world's second largest automotive group based on market value behind Tesla , a strategy combining gasoline vehicles and less-polluting ones is the recipe.
American attitudes surrounding legalized marijuana seem to be swinging strongly in favor. Today, that, and a move from a major player in the sector has cannabis stocks surging. Canada's Tilray (NASDAQ: TLRY) was one of those stocks, up 13.9% as of 10:40 a.m. ET.
Even mighty Microsoft isn't immune to the economic slowdown continuing to wreck havoc on companies both large and small.
As of 11:05 a.m. ET Tuesday, shares of EV leader Tesla (NASDAQ: TSLA) had surged by 5%, well outpacing the S&P 500 (which was up a solid 0.9%). Electric truck rival Rivian (NASDAQ: RIVN) was doing even better with a 6.9% gain and Chinese EV maker Nio (NYSE: NIO) was doing best of all — up 7.8%. As multiple sources reported, Tesla on Monday announced it was cutting the prices for its popular Model 3 sedans and Model Y crossover EVs in China by as much as 9%.
Many savers will buy I Bonds in late October in a last-minute crush to lock up extraordinary rates. But some savers will face unexpected glitches.
The personal savings of Americans have plunged this year, hitting $629 billion in the second quarter of 2022, according to data from the Federal Reserve Bank of St. Louis. Economists have been warning of a recession as the Federal Reserve continues to increase interest rates in an attempt to cool 40-year-high inflation. During the early days of the pandemic, several government programs, including enhanced child tax credit payments, unemployment benefits and generous stimulus checks, helped boost personal savings.
Crescent Point Energy Corp. ("Crescent Point" or the "Company") (TSX: CPG) (NYSE: CPG) is pleased to announce its operating and financial results for the quarter ended September 30, 2022, its formal 2023 budget, a quarterly dividend and a special dividend, while also updating its five-year outlook.
Bitcoin has soared today as the UK parliament votes to recognise crypto as a regulated financial instrument.
Rishi Sunak's wife came under fire in April after it emerged she was registered as non-domiciled for tax purposes.
The surge in the home goods retailer's stock follows a report in The Wall Street Journal this morning noting Bed Bath & Beyond, along with other troubled retailers, has secured financing in recent weeks to make it through the holiday season.
What happened Annaly Capital Management (NYSE: NLY) stumbled out of the gates on Tuesday, dropping 2.3% shortly after the opening bell, but then charged higher as the day progressed. At the closing bell, it finished the day up 5.
In this piece, we will take a look at the ten penny stocks poised to explode. If you want to skip our introduction to these tricky stocks, then jump ahead to 5 Penny Stocks Poised To Explode. The ongoing bloodbath in the stock market that has been compounded by high inflation and monetary policy tightening […]
(Bloomberg) — Microsoft Corp. gave a lackluster forecast for sales growth in its Azure cloud-computing services business, a closely watched measure of corporate demand, sending the shares reeling in early trading Wednesday.Most Read from BloombergAdidas Cuts Ties With Ye, Absorbing €250 Million Profit HitNew Covid Boosters Aren’t Better Than Old Ones, Study FindsRenters Hit Breaking Point in a Sudden Reversal for LandlordsMusk Tells Bankers He Plans to Close Twitter Deal on FridayToo Much Gas.