Thursday, May 03, 2007

China to put Japan’s name to test

According to J. D. Power’s automotive arm, Japan’s output will fall to 10 million units by 2010 from the current levels of 11 million units, losing its tiara to China. The research arm also added that many Japanese producers are shifting their manufacturing base to China. It is estimated that by 2010 combined output of both countries will account for 76% of the expected 31.4 million light vehicles manufactured in the Asian-pacific region. The rest will be mainly constituted by Thailand, South Korea and India who produce more than 1 million units annually.

For Complete IIPM Article, Click on IIPM Article

No comments: