The four major Asian markets perform contrasting performances
 

The four major Asian markets are experiencing contrasting trends in 2013. As the Chinese market continues to grow and doing better than the last two years (PC recorded an increase of 13.1% over the first eight months of 2013 compared to the first eight months of 2012), the markets in Japan , India and Korea display negative results (-8.0% for Japan, -8.0% for India and -3.0% for and Korea).


When analyzing the results over three years (2011-2012-2013), we see that the Chinese market has increased by 25% over this period, while the Japanese market increased by only 5%, the Indian market 6% and the Korean market was down 6% ...


To set the scale of volumes in these four markets, remember that in 2012 China accounted for 15.5 million PC, Japan 4.5 million, India 2.8 million and Korea 1.2 million, 24 million in total over 60 million PC sold worldwide. These four Asian markets therefore represent 40% of the world passenger car market.


And this total does not include other Asian countries enjoying strong growth, such as Thailand, Indonesia, Malaysia, the Philippines and Vietnam, which represents 4% of the world total.

 
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