Japan car makers elbow Koreans aside in Thailand
Article Abstract:
Japanese automobile manufacturers have responded to their South Korean counterparts' price reductions of cars in Thailand with a similar but much greater price drop that effectively grabbed market share from the latter. The Japanese counterattack in this price war was headed by Toyota Motor Corp. and Honda Motor Co. which left South Korean rivals Hyundai Motor Co. and Daewoo Motors Corp. far behind in subsequent sales performance.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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Toyota is close to unveiling its plans for Asian car as Honda launch nears
Article Abstract:
Toyota Motor Thailand Co. has announced its intention to build its own version of the Asian car which will be a smaller and less-expensive model than its existing products. This announcement comes after Honda Motor Co.'s announcement of its planned launch of its own Asian car in Thailand on Apr. 23, 1997, that will be nicknamed EK Car. Honda's car, unlike Toyota's, will not be based on existing designs.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
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