October 22, 2013

ASEAN 4 WHEEL AUTOMOTIVE SALES 2012 SALES & PRODUCTION

SALES INDONESIA MALAYSIA 1,116,212 627,573 PRODUCTION 1,065,557 569,620

PHILIPPINES
THAILAND VIETNAM TOTAL

184,248
1,436,335 80,487 3,444,855

75,113
2,453,717 97,987 4,261,994

OTHER ASEAN
GRAND TOTAL

122,291
3,567,146

3,332
4,265,326
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SALES

GROWTH PRODUCTION

GROWTH

ACTUAL 2010 2011 2012

* FORECAST

2,450,450 2,563,083 3,444,855

34.4% 4.6% 34.4%

3,102,710 2,997,018 4,261,994

46.1% -3.4% 42.2%

2013 2016 2022

3,800,000 4,300,000 5,000,000

10.0% 4.3% / yr 3.8% / yr

4,600,000 5,200,000 6,200,000

8.5% 4.3% / yr 2.8% / yr

ASEAN 5 Indonesia, Malaysia, Philippines, Thailand & Vietnam

* Forecasts are based on assumed average growth rates.
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1. Vehicle Manufacturers
a. Industry Players (Number of Firms)
Vehicle Manufacturers Passenger cars Commercial vehicles Parts & Components Manufacturers 4 14 15

272

b. Annual Plant Rated Capacity (In Units)

Vehicle Manufacturing 2011 - 65,000 (32%) 200,000

c. Employment (Number of Persons)

Auto Manufacturing Employment Vehicle Manufacturing Parts Manufacturing Auto-Supporting Industries Employment 8,000 60,000 340,000 68,000

The Philippine Market will grow to 500,000 + units/year by 2020 5 to 7% GDP Growth Rate/year; US$ 2,600/capita GDP by 2014-2015; Currently in use Phil. Fleet - 50% + more than 10 yrs old; Basic assembly / Parts Production facilities already in place Skilled and Trained manpower available Provides extensive linkages to other sectors of the economy Full ASEAN Market Integration by 2016 Zero Tariffs Therefore Auto Manufacturing sector must be saved
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Philippine Domestic Market Projections 4 Wheel

2013 2016* 2022*

CARS LCVs TRUCKS BUSES TOTAL 4-Whl

77,000 130,000 2,300 700 210,000

105,000 198,000 6,000 1,000 310,000

170,000 320,000 8,000 2,000 500,000

* GDP Growth rate range 5% - 6% / yr. * Per Capita Income over $2,500
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ASEAN Market Size

1.7 MILLION VEHICLES 2004

2.5 MILLION VEHICLES 2010

3 -6 MILLION VEHICLES
2015-2022

Thailands Snapshot
GDP per capita : US$2,603

Indonesias Snapshot
GDP per capita : US$2,980 Population : 238 Million Domestic Sales : 764K units Production : 764K 702K units ASEAN Market Share

Population

: 62 Million

ASEAN will be 8th largest auto market by 2015

Domestic Sales : 626K units Production : 923K units ASEAN Market Share

37%

31%

Motorization in ASEAN
TH and IN captured 1st and 2nd wave of high motorization

growth in the region

*Source: M. Sugata presentation (May 2012)

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Roadmap Development and Approval

Local Market Build-up/ Base Model Prod. Planning / Facility Expansion

Local Market Expansion / Start Base Model Production / Exports

Full Inclusion of PHIL Auto Mfg Industry in the ASEAN Prod /Sales Network of Brands Principals

(2019-2022) (2016-2018)

STAGE 4

STAGE 3

(2014-2015) (2012-2013)

STAGE 2

STAGE 1