Forbes reported that for a second consecutive year, the most popular car colour is white. The report is based on the 2012 DuPont Automotive Colour Popularity Report. The other colours that made Top 5 are black, silver, gray and red.
David Schoch, President of Ford Asia Pacific, was speaking to the media last week when he stated that Ford expects to see 2 billion car buyers in the region by 2020. He attributed this number to those who are just coming of age and beginning to earn enough disposable income to purchase their first car.
Taiwan wants to play a larger role in the automotive supply chain, by becoming an indispensable component supplier to global automakers. Great efforts in development and production are already underway.
A recent survey by the Malaysian daily, The New Straits Times, revealed what most locals already knew – Malaysians are paying up to double for cars compared to Americans.
Uh oh. Thailand’s Prime Minister, Yingluck Shinawatra, may have set out to help the automotive industry, but her plans may have backfired. The first time car buyer incentive programme introduced by her administration may have just created a false demand that has now caused an oversupply of vehicles in the Kingdom.
The LA Auto Show is set to take place next month, between 9 to 21 November 2013 for the media and 22 November to 1 December 2013 for the public.