Sign up | Log in



Home  >>   Daily News  >>   Asean News  >> Automotive  >> German car industry keen on ASEAN
NEWS UPDATES Asean Affairs   25 September 2013  

German car industry keen on ASEAN

THE German automobile industry is keen to foray into the lucrative markets of the Association of Southeast Asian Nations (ASEAN).

The German automobile industry, an important pillar of the country's economy, has long eyed not just the Southeast Asian region but the whole of Asia.

The German automotive industry already has a strong presence in China and India.

"ASEAN is indeed an important region for us. The German automobile industry already has a strong presence in the region," Eckehart Rotter, the spokesman of the Berlin-based German Association of the Automotive Industry (VDA) told Bernama.

He was speaking at Frankfurt's International Automobile Show recently. It was personally inaugurated by German Chancellor Angela Merkel.

The event, popularly known by its German acronym IAA, and organised by the VDA, attracted a large Asian presence of exhibitors and trade visitors.

"I believe the European Union (EU) should sign a free trade agreement (FTA) with ASEAN first rather than South Korea.

"ASEAN is a much more interesting market for us than Korea which would get access to the huge EU market. Our association's stand is to first finalise a FTA with ASEAN," Rotter added.

Rotter is familiar with the ASEAN region, having also visited Malaysia and Singapore.

He said that German automotive companies had production lines in some ASEAN countries.

"Indeed, I believe that the ASEAN region could be the next big success story after China. People in the ASEAN member countries are hard working and the region is inherently a huge market."

The VDA is organising a visit next year to Bangkok to attend Thailand's motor show.

The ASEAN region offers a significant opportunity for global automakers in the near to medium term, according to Frost & Sullivan, the business consulting firm.

The company predicts that total vehicle production in ASEAN will probably grow at an average annual rate of eight per cent.

The formation of the ASEAN Economic Community (AEC) is slated to take place in 2015, allowing for the creation of a single market. The AEC is also a major attraction for the German automotive industry in its quest for a strong foothold in the region.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories    25  September 2013 Subsribe Now !
• Thai alternative bourse to list Bangkok Dec-Con on September 25 Subcribe: Asean Affairs Global Magazine
• HCM City welcomes 2.8m foreign arrivals this year Asean Affairs Premium
• Shrimp exporters optimistic for US sales after subsidy ruling
Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• Dyandra target still on track despite economic turmoil
• Cebu Pacific wants to start flying to Europe
• German car industry keen on ASEAN
• September trade deficit estimated to hit $300m
Asean Analysis           23 September 2013 Advertise Your Brand
• Asean Analysis- September 23, 2013
For India and Indonesia, Quality Growth Requires Quality Governance
• Asean Weekly:The Biweekly Update 20 September 2013
Asean Stock Watch     24 September  2013
• Asean Stock Watch-September 24, 2013 

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand