AUTOS' COMMENTS & OPINIONS
* Now Detroit does not like free trade with Thailand
Detroit,MichmUSA -The Detroit News, by Michael Dunne -Feb 23, 2006: -- Last week, Stephen Collins, President of the Automotive Trade Policy Council, said: "When the U.S. sits down with their Thai counterparts, it is not Thailand alone asking for U.S. automotive tariffs to be reduced -- it is the Japanese auto industry."... Detroit is alarmed that Japanese automakers will ship pickup trucks from production bases in Thailand. Under a free trade agreement, those trucks would enter America without having to pay a 25% import duty...
* A Kinder Seoul for Foreign Cars
S. Korea -Business Week, by Moon Ihlwan -FEB 22, 2006: Domestic autos still drive 97% of Korean sales, but restrictions are loosening. BMW, Mercedes, Lexus, and others see opportunity... Not long ago, Korea had the least-hospitable market on earth for auto importers. As recently as 2001, 99.3% of autos sold in Korea were domestic. And today? Well, Korea still looks pretty unfriendly to the foreigners -- but progress is finally under way. Last year, importers sold 30,901 cars in Korea, or about 3% of the market. By 2012, that could triple to 100,000 cars, or as much as 8% of the market, the Korea Automotive Importers & Distributors Assn. (KAIDA) predicts...
posted by Unknown @ 12:59 PM
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