Auto-Financing in China – A Valuable Business Proposition
From a humble beginning in 1998, when state-owned banks were first allowed to provide car loans, automotive financing has come a long way in China. Vehicle loans are now available...
Turkey – When Being ‘The Gateway to Europe’ Wasn’t Good Enough
As with several emerging markets, Turkey’s automotive market slowed down in 2012. The ongoing crisis in Europe limited export opportunities (declined by 8% y-o-y) while domestic economic woes drove vehicles...
South Korea – At the Crossroads!
South Korea is the world’s fifth largest automobile manufacturer, behind China, Japan, the US and Germany. Automobile sales in South Korea breached the 8 million units mark for the first...
Indonesia – Is The Consecutive Years Of Record Sales For Real Or Is It The Storm Before The Lull?
Part II of our Automotive MIST series brings us to Asia – Indonesia, now the second largest South-east Asian automotive market. Indonesia, South-east Asia’s biggest economy, is now set to...
Mexico – The Next Automotive Production Powerhouse?
As the first of our five part automotive market assessment of the MIST countries – Mexico, Indonesia, South Korea and Turkey, we discuss the strengths and weaknesses of Mexico as...