Overview of PC + UV Production of 7 Asian countries

In the first quarter of 2014, the production of PC+UV in 7 Asian countries (Thailand, Indonesia, Malaysia, India, Pakistan, Korea and Taiwan) decreased by 5.9% compared to the first quarter of 2013 reaching 3 274 000 units. The fall in Thailand and India was offset by sound production levels in Indonesia and Korea, which slowed the decline down to a minimum.


If we breakdown the figures, the production of Thailand fell by 28.3% to 517 000 units. The production of passenger cars fell by 37% compared to the first quarter of 2013, year in which production volumes were artificially driven by orders for vehicles generated by the tax measures implemented by the state.


Indonesia’s production volumes increased by 18.4% to 340 000 units. Sales were driven by the strong performance of Toyota, Suzuki and Honda. Malaysian production increased by 5% to 153 000 units, reflecting steady growth.


Korean production increased by 3.7% to 1 155 000 units. For the month of March alone, Hyundai, with the launch of the new Sonata, increased by 24.2% its production level (compared to March 2013) to reach 178 000 units. India meanwhile decreased by 10% to 983 000 units. Toyota's production (in India) fell by 39% due to a strike. However, Nissan and Honda are growing thanks to the Go Datsun and Honda Amaze.

 

14-20-7  


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