LATIN AMERICA AUTOMOTIVE MARKETS OUTLOOK-IMPLICATIONS FOR ASEAN PRODUCERS
รหัสดีโอไอ
Creator Jakarin Srimoon
Title LATIN AMERICA AUTOMOTIVE MARKETS OUTLOOK-IMPLICATIONS FOR ASEAN PRODUCERS
Contributor Nancy Huyen Nguyen
Publisher University of the Thai Chamber of Commerce
Publication Year 2556
Journal Title UTCC International Journal of Business and Economics
Journal Vol. 5
Journal No. 2
Page no. 97-108
Keyword automobile, auto suppliers, Latin America, ASEAN-3
URL Website http://ijbejournal.com/
Website title ijbejournal
ISSN 1906-5582 (paper)
Abstract Characterized by a remarkable decade of steady growth and economic stability, Latin America has emerged as one of the world's most important and lucrative markets for vehicles and auto parts. To help ASEAN auto companies target this important market, this paper sets out to evaluate current situations at the supply and demand level. The paper will first discuss the production capacity of ASEAN automobile suppliers with a focus on the top three producers (ASEAN-3)-Thailand, Malaysia and Indonesia. The paper will also attempt to outline characteristics and trends in relation to the demands of Latin American auto markets. It concludes that the demand for motor vehicles in Latin America region is strong and willremain robust in the long term. It also concludes that the potential for ASEAN auto suppliers to meet those demands are large and should be further explored.
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