IHS Automotive - SAE InternationalSupplierBusiness ASEAN Automotive Supplier Report 2013 Edition...

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SupplierBusiness ASEAN Automotive Supplier Report 2013 Edition supplierbusiness.com Regional Report IHS Automotive

Transcript of IHS Automotive - SAE InternationalSupplierBusiness ASEAN Automotive Supplier Report 2013 Edition...

SupplierBusiness

ASEAN Automotive Supplier Report

2013 Edition supplierbusiness.com

Regional Report

IHS Automotive

2013 Edition 2 © 2013 IHS

IHS Automotive SupplierBusiness | ASEAN Automotive Suppliers Report

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ContentsASEAN automotive & supplier market overview ......................................................................................................... 7Indonesia – Automotive Industry Overview ............................................................................................................... 17

Overview of Macro Economic Situation ................................................................................................................. 17Planned Investment in Infrastructure Development Projects .............................................................................. 18National Automotive Policy & Plans ........................................................................................................................ 19Manufacturing Advantage ........................................................................................................................................ 22Overview of Automotive Industry & Supply Chain ................................................................................................. 23Overview of Vehicle Component Suppliers ............................................................................................................ 29List of Joint-Ventures and Mergers & Acquisitions in 2012/2013 ........................................................................ 30OEM Supplier Relationship ...................................................................................................................................... 31Who Supplies Whom ................................................................................................................................................. 32Opportunities, Challenges & Future Outlook ......................................................................................................... 33

Malaysia – Automotive Industry Overview................................................................................................................. 35Overview of Macro Economic Situation ................................................................................................................. 35Planned Investment in Infrastructure Development Projects .............................................................................. 36National Automotive Policy & Plans ........................................................................................................................ 37Manufacturing Advantage ........................................................................................................................................ 40Overview of Automotive Industry & Supply Chain ................................................................................................. 41Overview of Vehicle Component Suppliers ............................................................................................................ 46List of Joint-Ventures and Mergers & Acquisitions 2012/2013 ............................................................................ 47OEM Supplier Relationship ...................................................................................................................................... 48Who Supplies Whom ................................................................................................................................................. 49

Philippines – Automotive Industry Overview ............................................................................................................. 52Overview of Macro Economic Situation ................................................................................................................. 52Planned Investment in Infrastructure Development Projects .............................................................................. 53National Automotive Policy & Plans ........................................................................................................................ 54Manufacturing Advantage ........................................................................................................................................ 57Overview of Automotive Industry & Supply Chain ................................................................................................. 58Overview of Vehicle Component Industry .............................................................................................................. 63List of Joint-ventures and Mergers and Acquisitions in 2012/2013..................................................................... 64OEM Supplier Relationships .................................................................................................................................... 64Who Supplies Whom ................................................................................................................................................. 65Opportunities, Challenges & Future Outlook ......................................................................................................... 66

Thailand – Automotive Industry Overview ................................................................................................................. 68Overview of Macro Economic Situation ................................................................................................................. 68Planned Investment in Infrastructure Development Projects .............................................................................. 69National Automotive Policy & Plans ........................................................................................................................ 70Manufacturing Advantage ........................................................................................................................................ 73Overview of Automotive Industry & Supply Chain ................................................................................................. 74Overview of Vehicle Component Industry .............................................................................................................. 81List of Joint-Ventures and Mergers and Acquisitions 2012/2013 ........................................................................ 82OEM Supplier Relationship ...................................................................................................................................... 82Who Supplies Whom ................................................................................................................................................. 85Opportunities, Challenges & Future Outlook ......................................................................................................... 86

2013 Edition 3 © 2013 IHS

IHS Automotive SupplierBusiness | ASEAN Automotive Suppliers Report

Vietnam – Automotive Industry Overview .................................................................................................................. 88Overview of Macro Economic Situation ................................................................................................................. 88Planned Investment in Infrastructure Development Projects .............................................................................. 90National Automotive Policy & Plans ........................................................................................................................ 91Manufacturing Advantage ........................................................................................................................................ 93Overview of Automotive Industry & Supply Chain ................................................................................................. 94Overview of Vehicle Component Industry ............................................................................................................ 100List of Joint-Ventures and Mergers & Acquisitions in 2012/2013 ...................................................................... 101OEM Supplier Relationship .................................................................................................................................... 101Who Supplies Whom ............................................................................................................................................... 104Opportunities & Future Outlook ............................................................................................................................. 104

Supplier Profiles .......................................................................................................................................................... 106AAPICO Hitech ......................................................................................................................................................... 106Ace Polymers Industries ..........................................................................................................................................110AGC Automotive ........................................................................................................................................................112Aisin AI Thailand .......................................................................................................................................................114Akebono Brake Astra Indonesia .............................................................................................................................116Ampas Industries ......................................................................................................................................................118APM Automotive Holdings ...................................................................................................................................... 120Astra Otoparts ......................................................................................................................................................... 124Asian Transmission Corporation ........................................................................................................................... 128Automotive Air-conditioning Technology Philippines ......................................................................................... 130Autoliv ....................................................................................................................................................................... 132Azman Hamzah Plastik ........................................................................................................................................... 134Bosch Automotive Thailand ................................................................................................................................... 136Bridgestone Tire Indonesia .................................................................................................................................... 138Bridgestone .............................................................................................................................................................. 140Continental Automotive .......................................................................................................................................... 141Continental Tire Malaysia ....................................................................................................................................... 143Delloyd Ventures ...................................................................................................................................................... 145Denso Indonesia ...................................................................................................................................................... 149Denso Manufacturing Vietnam .............................................................................................................................. 151Denso Thailand ........................................................................................................................................................ 153EP Manufacturing .................................................................................................................................................... 156Exedy Thailand ......................................................................................................................................................... 159F.tech Philippines ..................................................................................................................................................... 161Fujitsu Ten ................................................................................................................................................................. 163Gajah Tunggal .......................................................................................................................................................... 165GKN Driveline ........................................................................................................................................................... 168Goodyear Indonesia ................................................................................................................................................ 170Goodyear Malaysia .................................................................................................................................................. 172Goodyear Philippines ...............................................................................................................................................174Goodyear Thailand .................................................................................................................................................. 176Hirotako Holdings .................................................................................................................................................... 178Hirotako Holdings .................................................................................................................................................... 181Indospring ................................................................................................................................................................. 184Ingress Corporation ................................................................................................................................................ 187Inoue Rubber Thailand ............................................................................................................................................ 191Kumho Tire ............................................................................................................................................................... 194Malaysian Automotive Lighting .............................................................................................................................. 195MCIS Safety Glass ................................................................................................................................................... 196Michelin Siam Group ............................................................................................................................................... 197Multi-Code Electronics Industries ........................................................................................................................ 199Multistrada Arah Sarana ......................................................................................................................................... 202

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IHS Automotive SupplierBusiness | ASEAN Automotive Suppliers Report

NHK Spring ............................................................................................................................................................... 205Nipress ...................................................................................................................................................................... 207NSK Bearings ...........................................................................................................................................................209Oriental Holdings ..................................................................................................................................................... 211Panasonic Automotive Systems ............................................................................................................................ 214Permintex Furukawa Autoparts ............................................................................................................................. 216Philippine Auto Components.................................................................................................................................. 218PHN Industry ............................................................................................................................................................ 220Robert Bosch ........................................................................................................................................................... 223Robert Bosch Vietnam ............................................................................................................................................ 225Roberts Automotive & Industrial Parts Manufacturing ...................................................................................... 227Sanichi Technology ................................................................................................................................................. 229Sapura Industrial ..................................................................................................................................................... 231Selamat Sempurna .................................................................................................................................................. 234Siam Aisin ................................................................................................................................................................. 238Somboon Advance Technology ............................................................................................................................. 241Sumitomo Electric Wiring Systems ....................................................................................................................... 245Sumitomo Wiring Systems ..................................................................................................................................... 247Sunchirin Industries ................................................................................................................................................ 249Takata-TOA ............................................................................................................................................................... 252Thai Bridgestone ...................................................................................................................................................... 254Thai Rung Union Car ............................................................................................................................................... 257Thai Stanley Electric ................................................................................................................................................ 260Thai Steel Cable ....................................................................................................................................................... 264Thai Summit Group .................................................................................................................................................. 267Toyota Autoparts Philippines ................................................................................................................................. 271Tracoma Holdings .................................................................................................................................................... 273Valeo Siam Thermal Systems ................................................................................................................................. 276Wisdom Autoparts ................................................................................................................................................... 278Yarnapund ................................................................................................................................................................. 280Yazaki-Torres Manufacturing ................................................................................................................................. 283Yokohama Tire Philippines ..................................................................................................................................... 285Yokohama Tire ......................................................................................................................................................... 287Yuasa Thailand ......................................................................................................................................................... 289

FiguresFigure 1: Passenger Car Sales in 5 ASEAN Countries (units) .................................................................................... 8Figure 2: GDP growth rates for ASEAN member countries ....................................................................................... 8Figure 3: Vehicle Production (units) & Export (%) for Indonesia and Thailand .................................................... 10Figure 4: ASEAN Vehicle Production Market Share (2012) ...................................................................................... 11Figure 5: ASEAN Passenger Car & Light Vehicle Production Forecast ................................................................. 13Figure 6: Indonesia GDP Growth (%) .......................................................................................................................... 17Figure 7: Indonesia Vehicle Production by Type (2012) ............................................................................................ 23Figure 8: Indonesia Market Share by Carmakers (Vehicle Sales, 2012) ................................................................. 23Figure 9: Indonesia Total Vehicle Production (units) ................................................................................................ 25Figure 10: Indonesia Vehicle Production by Type (2012) .......................................................................................... 26Figure 11: Indonesia’s Automotive Exports/Imports ................................................................................................ 26Figure 12: Indonesian Rupiah vs. US Dollar Exchange Rate ................................................................................... 27Figure 13: Thailand Passenger Car & Light Vehicle Production Forecast - Top 6 Carmakers ............................ 34Figure 14: Thailand Passenger Car & Light Vehicle Production Forecast - Other Carmakers ........................... 34Figure 15: Malaysia GDP Growth (%) .......................................................................................................................... 35Figure 16: Malaysia Passenger Vehicle Sales by Type (January-June 2012) ......................................................... 41

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IHS Automotive SupplierBusiness | ASEAN Automotive Suppliers Report

Figure 17: Malaysia Market Share by Sales (2012) .................................................................................................... 42Figure 18: Malaysian Automotive Production (units) ................................................................................................ 43Figure 19: Malaysia Leading Export Destinations (2012) ......................................................................................... 44Figure 20: Malaysian Passenger Car Sales (units) .................................................................................................... 45Figure 21: Malaysia Passenger Car & Light Vehicle Production Forecast (units) ................................................. 51Figure 22: Philippines GDP Growth (%) ...................................................................................................................... 52Figure 23: Percentage of Imported CBU Sales in the Philippines (of total vehicle sales) ................................... 55Figure 24: Net Foreign Direct Investments into the Philippines (2012) .................................................................. 58Figure 25: Philippine Passenger Vehicle Market Share by Sales (2012)................................................................. 59Figure 26: Vehicles Sales in the Philippines .............................................................................................................. 60Figure 27: Philippine Vehicle Market Share by Sales (2012) .................................................................................... 60Figure 28: Philippine Exports by Destinations (2012) ............................................................................................... 61Figure 29: Philippines Passenger Car & Light Vehicle Production Forecast (units) ............................................. 66Figure 30: Thailand Deaths by Road User Categories (2007) .................................................................................. 72Figure 31: Thai Market Share by Vehicles Sold (2012) .............................................................................................. 75Figure 32: Thai Vehicle Production by Type (Jan-Dec 2012) .................................................................................... 75Figure 33: Thai Automotive Industry Overview (units) ............................................................................................. 76Figure 34: Thai Automotive Parts Exports (2012) ...................................................................................................... 77Figure 35: Thai Vehicle Exports by Destination (2012) ............................................................................................. 77Figure 36: US Dollar vs. Japanese Yen Average Annual Exchange Rate ............................................................... 78Figure 37: Thai Vehicle Production by Brand (Jan-Dec 2012) .................................................................................. 79Figure 38: Map of Automotive Clusters in Thailand ................................................................................................. 84Figure 39: Thailand Passenger Car & Light Vehicle Production Forecast (units) ................................................. 86Figure 40: Vietnam GDP Growth (%)........................................................................................................................... 88Figure 41: Vietnam Inflation (GDP Inflator) ................................................................................................................ 89Figure 42: FDI into Vietnam by Number of Project Licences (2011) ........................................................................ 89Figure 43: Vietnam CBU Import Volumes (units) ....................................................................................................... 95Figure 44: Vietnam CBU Imports by Country (2012) ................................................................................................. 96Figure 45: Vehicle Sales by Type (2012) ...................................................................................................................... 96Figure 46: Vehicle Sales in Vietnam (units) ................................................................................................................ 97Figure 47: Top 10 Models by sale in Vietnam (2012) .................................................................................................. 97Figure 48: Vietnam Vehicle Production (units) .......................................................................................................... 98Figure 49: Vietnam Export Destinations (2012) ......................................................................................................... 98Figure 50: Carmakers and Assemblers in Vietnam ................................................................................................ 103Figure 51: Vietnam Passenger Car & Light Vehicle Production Forecast (units) ................................................ 105

TablesTable 1: Vehicle Ownership Comparison & Population .............................................................................................. 9Table 2: Top Three Carmakers for each ASEAN Market by Vehicle Sales in 2012 ................................................ 11Table 3: New Investments by Carmakers in ASEAN region ..................................................................................... 12Table 4: Overview of Vehicle Safety Regulations & Statistics ................................................................................. 14Table 5: Automotive Excise Tax Schedule ................................................................................................................. 20Table 6: Comparative Wages (31 January 2013) ........................................................................................................ 22Table 7: Astra Group and Indomobil Group Assembly Companies ........................................................................ 24Table 8: Passenger Car & Light Vehicle Assemblers in Indonesia ......................................................................... 28Table 9: Planned New Car Models in Indonesia ........................................................................................................ 29Table 10: Automotive Clusters by Geography ........................................................................................................... 32Table 11: Automotive Import Duties............................................................................................................................ 38Table 12: Ownership Cost Comparison for Honda City ........................................................................................... 38Table 13: Automotive Excise Tax Schedule (for CBU and CKD) .............................................................................. 39Table 14: Comparative Wages (31 January 2013) ...................................................................................................... 40Table 15: OEMs’ and Assemblers’ Plants in Malaysia .............................................................................................. 45

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IHS Automotive SupplierBusiness | ASEAN Automotive Suppliers Report

Table 16: Planned New Car Models in Malaysia ........................................................................................................ 46Table 17: Local Content Requirements ...................................................................................................................... 48Table 18: Automotive Clusters by Area ...................................................................................................................... 49Table 19: BOI Incentives for CBU Exports under AEP .............................................................................................. 55Table 20: Automotive Excise Tax Schedule ............................................................................................................... 56Table 21: Comparative Wages (31 January 2013) ...................................................................................................... 57Table 22: Major OEMs and Assembler Plants in the Philippines ............................................................................ 62Table 23: Planned New Car Models in the Philippines ............................................................................................. 63Table 24: Automotive Clusters in the Philippines ..................................................................................................... 64Table 25: CBU Automotive Import Duties .................................................................................................................. 71Table 26: Automotive Excise Tax Schedule ............................................................................................................... 71Table 27: BOI Incentives by Regional Zones.............................................................................................................. 73Table 28: Comparative Wages (31 January 2013)...................................................................................................... 74Table 29: Top 5 Carmakers in Thailand - Production Capacity 2012 & Planned Increase 2013/2014 ................. 74Table 30: OEMs and Assembler Plants in Thailand .................................................................................................. 78Table 31: Carmaker’s Participation in the Eco-car Project ..................................................................................... 80Table 32: Planned New Car Models in Thailand ........................................................................................................ 80Table 33: Leading Thai Automotive Suppliers and International Joint-venture Partners .................................... 83Table 34: Automotive Clusters in Thailand ................................................................................................................ 84Table 35: Automotive Import Duties (2012) ................................................................................................................ 92Table 36: Automotive Excise Tax & VAT Schedule .................................................................................................... 92Table 37: Comparative Wages (31 January 2013) ...................................................................................................... 94Table 38: VAMA member companies .......................................................................................................................... 94Table 39: OEMs and Assembler Plants in Vietnam ................................................................................................... 99Table 40: Planned New Car Models in Vietnam ....................................................................................................... 100