Cross-border realignment in the Asian Auto industry - the restructuring of Asian OEMs and suppliers

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Monday 6 April 2009
(Organiser: Asia-Pacific Technology Network)

Chair

Speakers

The global auto industry is in the midst of by far the worst recession in its history and the synchronised global sales slump is putting severe pressure on the entire industry. Initial attention focussed on the problems of Detroit 3 automakers who have been on the verge of bankruptcy for some time. However, in this current harsh environment, no company is immune and most will struggle to make a profit in the near term. Virtually every automaker in the world in operating in a crisis mode and relying on government support. Even the mighty Toyota faces major challenges and has announced financial losses and major management changes. As recession bites into the world auto industry, how will the Japanese auto producers respond, and what will the implications be for their global networks of auto plants?

Chinese and to a lesser extent Indian companies have been making inroads and were purchasers of distressed assets. However, the credit crunch and market weakness is impairing their financial positions and is reducing their risk appetite. What is the outlook Chinese and Indian companies in this industry? Have some of them (Tata Motors?) overstepped themselves?

This seminar will also throw light on what has been happening at the level of auto components where we have seen investment by non-Japanese players into this sector within Japan, as well as the development of countries such as Thailand as major centres for auto component manufacture. How is the global slow-down affecting these developments?

The Speakers
David Syrad
is a professional executive with a record of successful growth strategy creation and implementation. He has led cross-border teams in EU, NA and Asia and achieved breakthrough results for companies in the automotive, medical equipment and IT sectors. He has worked in turnaround teams and managed downsizing activities and has led successful cross-border JV and alliance negotiations.

At AKI he works with a number of Japanese and non-Japanese associates to help customers make and improve relationships with Japanese partners around the world through advice, representation and interim management. The activity is expanding to Korea, China and S E Asia
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Ashvin Chotai
has been an observer of and consultant to the international automotive industry since 1989. He is currently MD of INTELLIGENCE AUTOMOTIVE ASIA, which provides research, analysis, consulting and other advisory services to a number of companies on developments in Asian economies and the global automotive industry.

Ashvin is frequently invited to make presentations at conferences and at major corporations in North America, Europe, and Asia. He is also widely quoted in media on Asian automotive issues.

Between 1992 and 2007, he worked at Global Insight, (previously also known as DRI Automotive, DRI-WEFA and Standard and Poor’s DRI), initially in the European consulting practice and subsequently on Asian markets and issues. Between 1996 and December 2007, he was the Head of Asian Automotive Research.

Rowan Jackson
Rowan Jackson is a Strategy Development and Implementation Facilitator. He founded CMI. In Forum Europe he worked with clients to implement strategic customer driven initiatives designed to improve organisational and individual performance. He has specific expertise in Coaching, Customer Driven Leadership, M & A, Team Skills, Process Improvement, Customer Service, Managing across Cultures, Sales Management, Negotiations, Sales and customer and employee data collection and analysis. He facilitates executive teams in merger implementation, & on the use of Strategy Maps & Scorecards in strategy implementation. He leads executive workshops & develops coaching and selling skills in executives. Clients include Novartis, Coutts, Warner Bros, Astrium, Rank Xerox, Ericsson, Boehringer Ingelheim, The London Borough of Merton, Justerini & Brooks, Conquest, Allied Domecq, Goodyear Europe and EEMEA, Corney and Barrow, Easynet, Threadneedle, British Airways Holidays & Thomas Cook Holidays, Ipsaris & Easynet, Sheraton, Chase Manhattan Bank, TI Group plc, American Express, Smith Kline Beecham, RAC, Hiscox Ltd, NatWest Bank, Intel, Premier Oilfields, BBC, Dupont, Allied Dunbar, Ford Australia, Connex, Astrium, General Cologne Re, Deutsche Bank, DZ Bank, Siemens Carillion and Eagle Star Asset Management

Marc Faltheim
-Marc Faltheim Has worked during the predominant part of his career in the financial services sector with banks that have included Sumitomo Mitsui Banking Corporation, Calyon Bank and BNP Paribas. During this period he worked with a variety of different industrial sectors including with companies active as automobile, truck, bus and construction equipment manufacturers and component manufacturers. He has worked with and advised clients including companies such as GM, Renault, Scania, Volvo Group. In recent years, he has completed a successful career transition from the banking sector and today works together with a few boutique advisory firms at providing cross-border corporate advisory services to companies, including companies active in the automotive sector.