2008 Foreword

Promoting the Sound Development of the ASEAN

The history of steadily expanding cooperative The past several years have seen the motor ties between member companies of the Japan industries in ASEAN neighboring countries Automobile Manufacturers Association (JAMA) increasing their competitive strength, which and their ASEAN partners is now close to half a underscores the urgency of greater global century old. competitiveness for ASEAN's automotive sector. With this goal in mind, there are high hopes that Those years were marked by some difficult ASEAN will further promote regional integration times―the Asian economic crisis of 1997, for at the earliest possible time. example―but throughout, JAMA members remained firmly committed to ASEAN, ASEAN is making bold moves to surmount the consistently striving, through automobile hurdles on the path to greater growth. Such production, sales, and exports, to advance moves include the abolition of regional tariffs, investment, create jobs, and transfer technology. harmonization of automotive technical This booklet outlines the more recent activities of regulations, mutual recognition of certification, JAMA and its member companies in the ASEAN the streamlining of customs procedures and region. distribution systems, the fostering of supporting industries and human resources, the promotion In 2007, new vehicle sales in the ASEAN market of safety, greater environmental protection, and (Indonesia, Malaysia, the Philippines, Singapore, other strategies aimed at promoting sound and Thailand and Vietnam) totalled 1.87 million sustainable mobility. units, a 5.9% increase over the previous year. Sustained expansion of the ASEAN auto In this emerging era of new challenges, JAMA industry and market is anticipated in the years members intend to strengthen their ties with ahead along with high economic growth, and the ASEAN, moving forward hand in hand with region is expected to play an increasingly critical their local partners to support the continued role in the global market as a center of robust advancement of the automobile industry and the growth. economic wellbeing of this vital corner of the world. Also in 2007, JAMA member companies and their local partners in ASEAN produced 2.08 million motor vehicles, exported 653,636 units, and provided employment to 85,491 persons.

2 Contents

Foreword 2

Contents 3

Production Facilities in ASEAN in 2007 & Related Data by Country 4

Statistics 10

JAMA Activities in ASEAN 12

JAMA Members' Recent Activities in ASEAN 15

About JAMA 19

3 Production Facilities in ASEAN in 2007 & Related

Indonesia

.

Medan Kuantan Celebes Kuala Lumpur Sea Rawang Pekan 1 4 5 6 Jakarta 7 8 9 12 13 Johor Bahru 10 Bekasi SINGAPORE Manado Kuala Lumpur 3 11 Karawarawangang Borneo Shah Alam Samarinda Padang (Kalimantan) 2 Bukit Indah Melaka Sumatera Balikpapan Makassar Str. Bangka Sulawesi Belitung Banjarmasin

Greater Sunda Is. Jawa Sea Ujung Pandang (Makassar) Jakarta INDONESIA B Jawa Bandung Semarang Surabaya Yogyakarta Bali Lombok Sumbawa Flores Denpasar Lesser Sunda Is.

Sumba

■AUTOMOBILE PRODUCTION COMPANIES ●COMPONENTS MANUFACTURING COMPANIES

Manufacturer Company Name Est. Capitalization Equity Products Annual Prod Employees (x 1 milliion) Stake Cap. (x 1,000) 1 P. T. Jan.92 INR 338,850 61.75% Ter ios, XENIA, Gran Max 200 6,052 2 Hino PT. Manufacturing Indonesia Dec.82 USD 47.8 90% Tr ucks and buses ─ 320 3 Honda P. T. Feb.99 USD 70 51% Jazz, CR-V 50 2,800 4 P. T. Isuzu Astra Motor Indonesia Sep.74 INR 92,000 44.94% Assembly of Asia-market and small-sized CVs 75 428 5 Mitsubishi P. T. Krama Yudha Tiga Berlian Motors Jun.73 IDR 12,000 18% Canter, FUSO ─ ─ 6 P. T. May.95 USD 56 75% Grand Livina, Livina, X-TRAlL, Serena 40 650 7 Nissan Diesel P. T. Astra Nissan Diesel Indonesia Apr.96 INR 62,840 12.5% Tr ucks and buses 4.8 82 8 P. T. Indomobil Suzuki International 1990 USD 45 90% Grand Vitara, APV, Carry, Futura, Swift, SX4 140 3,800 9 PT. Toyota Motor Manufacturing Indonesia Apr.71 INR 19,524 95% Innova, Kijang Innova, Dyna, Fortuner, Engines 72 Engines 5,332 10 Isuzu P. T. Mesin Isuzu Indonesia Feb.83 INR 13,200 36.7% Diesel engines and related parts 50 175 11 Isuzu P. T. Asian Isuzu Casting Center Apr.97 INR 107,500 18.6% Forged parts 6.6 tons 362

12 Mitsubishi Mitsubishi Krama Yudha Motors & 0% Pressed parts and engines ─ ─ Aug.73 IDR 11,451 13 Mitsubishi Fuso Manufacturing 32.28% Engines, Body parts ─ ─

4 Data by Country

Malaysia Malaysia Indonesia

Phnom Penh Nha Trang

Ho Chi Minh 1 Rawawangang 3 Pekan Jakarta Sihanoukville (Saigon) Rach Gia Bekasi Can Tho 4 5 Kuala Lumpur Karawang Gulf of 6 Shah Alam Palawan Thailand Bukit Indah Phuket 2 Melaka MalaySongkhla Pen.

Kota Bharu Sandakan George Town Str. of Malacca(Penang) BRUNEI Bandar Seri Begawan Ipoh MALAYSIA

Kuantan Medan Kuala Lumpur

Sumatera Borneo (Kalimantan)

ar ■AUTOMOBILE PRODUCTION COMPANIES ●COMPONENTS MANUFACTURING COMPANIES

Manufacturer Company Name Est. Capitalization Equity Products Annual Prod Employees (x 1 milliion) Stake Cap. (x 1,000) 1 Daihatsu Manufacturing Sdn. Bhd. Feb.93 RM 140 ─ Kancil, KENARI, MYVI, VIVA 200 6,486 2 Honda Honda Malaysia Sdn. Bhd. Nov.00 RM170 51% City, Civic, Accord, CR-V 30 1,600

Assembly of small and medium-sized 3 Isuzu Isuzu Hicom Malaysia Sdn. Bhd. Jul.96 RM 100 51% 60 973 CVs, medium and large-sized buses

4 Mitsubishi Fuso Mercedes-Benz Malaysia Sdn. Bhd. Jan.05 RM 134.7 0% Canter, FUSO ─ ─ 5 Nissan Assemblies Sdn. Bhd. May 74 RM 1 5.58% Grand Livina, Tiida, Vanette, Serena, X-TRAIL 70 1,570

UMWT Camry, Corolla, Hiace, Hilux, Vios, 6 Toyota Assembly Services Sdn. Bhd. May 68 RM 7.5 ─ 3,270 100% Innova, Fortuner, Engines

5 Production Facilities in ASEAN in 2007 & Related

T he Philippines

Babuyan Is. Ayutthaya 9 Metro Manila Pathumthani Bangkok 8 Makti 5 6 Rizal Baguio Samrong-Tai 1 Canlubang Samutprakarn 2 Santa Rosa Luzon Chonburi 3 4 7 10 Laguna Manila Philippine 11 12 13 Sea

Mindoro PHILIPPINES Samar Rayong Panay Iloilo Leyte South China Bacolod Sea Cebu Palawan Negros

Sulu Mindanao Sea Davao Zamboanga P

BRUNEI Sandakan

■AUTOMOBILE PRODUCTION COMPANIES ●COMPONENTS MANUFACTURING COMPANIES

Manufacturer Company Name Est. Capitalization Equity Products Annual Prod Employees (x 1 milliion) Stake Cap. (x 1,000) 1 Hino Pilipinas Hino Inc. Mar.75 PHP 187.5 15% Tr ucks and buses ─ 170 2 Honda Honda Cars Philippines Inc. Oct.90 PHP 1,030 74.24% City, Civic 15 700 3 Isuzu Isuzu Philippines Corporation Aug.95 PHP 1,000 35% Assembly of buses and small and medium-sized CVs 15 590 4 Ford Motor Co. Philippines Inc. Feb.04 ─ 0% , Tribute 50 727 5 Mitsubishi 51% L300, Adventure 28 720 Philippines Corporation May 72 PHP 1,640 6 Mitsubishi Fuso 0% Canter, FUSO ─ ─ 7 Nissan Motor Philippines, Inc. Apr.82 PHP 1,845 5.36% Sentra, X-TRAIL 5 325 Nissan 8 Universal Motors Corporation Apr.54 PHP 154 0% Frontier, Patrol, Urvan 3 130 9 Nissan Diesel Columbian Motors Corp. Dec.81 PHP 1,538 1.55% Tr ucks and buses 0.4 68 10 Toyota Toyota Motor Philippines Corp. Aug.88 PHP 1,549 34% Corolla, Innova, Vios 19 1,929 11 Isuzu Isuzu Autoparts Manufacturing Corporation Nov.96 PHP 442 100% Transmissions 150 391 12 Mitsubishi Asian Transmission Corp. Jan.73 PHP 350.7 84.71% Processing and assembly of transmissions ─ 430 13 Toyota Toyota Autoparts Philippines Inc. Aug.90 PHP 1,000 95% Transmissions, Continuous velocity joints ─ 1,045

6 Data by Country

The Philippines Thailand T hailand

LAOS MYANMAR Luang Prabang Haikou (BURMA) Chiang Mai Gulf of 2 Ayutthaya TongkingHainan Metro Manila Vientiane 5 6 Patathhumthumthaniani Yangon 11 Bangkangkokok akti (Rangoon) M Rizal Tak 3 amrong- ai Moulmein Udon Thani Mekong S T Canlubang Hue 1 7 8 9 10 12 15 Samutprakarn Santa Rosa Gulf of THAILAND Ubon Ratchathani Da Nang 14 hon uri Martaban Nakhon C b Laguna Ratchasima

Bangkok Tonle Sap CAMBODIA Qui Nhon VIETNAM 4 13 Rayong Phnom Penh Nha Trang Andaman Sihanoukville Ho Chi Minh Andaman Is. Sea (Saigon) South China Gulf of Rach Gia Can Tho Sea Nicobar Is. Thailand Palawan

Phuket MalaySongkhla Pen

Kota Bharu Banda Aceh George Town (Penang) Sandakan BRUNEI Ipoh

■AUTOMOBILE PRODUCTION COMPANIES ●COMPONENTS MANUFACTURING COMPANIES

Manufacturer Company Name Est. Capitalization Equity Products Annual Prod Employees (x 1 milliion) Stake Cap. (x 1,000) 1 Hino Hino Motors Manufacturing (Thailand) Ltd. May 62 THB 2,500 80% Tr ucks and unit production for Toyota ─ 3,000 HM 75.94% (1) 2 Honda Honda Automobile (Thailand) Co., Ltd. Dec.00 THB 5,460 ASH 13.04% City, Jazz, Civic, Accord, CR-V 120 4,200 3 Isuzu Isuzu Motors Co., (Thailand) Ltd. Apr.66 THB 8,500 6.7% Assembly of large and small-sized CVs 220 3,238 4 Mazda Auto Alliance (Thailand) Co., Ltd. Nov.95 THB 500 45% BT-50, Ford Ranger 173 3,400 5 Mitsubishi Mitsubishi Motors (Thailand) Co., Ltd. Jan.87 THB 7,000 99.8% Tr iton, Strada, Lancer, Space Wagon 190 3,200 6 Mitsubishi Fuso Mitsubishi Fuso Truck (Thailand) Co., Ltd. Jan.04 THB 500 100% Canter, FK, FM, FN ─ ─ 7 Siam Nissan Automobile Co., Ltd. Nov.73 THB 1,930.91 75% Frontier Navara, Frontier 1,350 Nissan 140 8 Siam Motors & Nissan Co., Ltd. Aug.62 THB 13.33 75% Teana, Tiida 240 9 Toyota Motor Thailand Co., Ltd. Oct.62 THB 7,520 86.4% Camry, Corolla, Hilux VIGO, Yaris, Vios, Wish, Fortuner 439 12,722 Toyota 10 Thai Auto Work Co., Ltd. May 88 ─ ─ Fortuner, VIGO 63 1,100 11 Isuzu Engine Manufacturing Co., (Thailand) Ltd. Jul.87 THB 1,025 1.4% Diesel engines 210 1,187 12 Isuzu Thai International Die Making Co., Ltd. Sep.87 THB 100 28% Forging of press molds, Press processing ─ 689 13 IT Forting (Thailand) Co., Ltd. Dec.94 THB 700 39.3% Forged parts ─ 263 14 Siam Toyota Manufacturing Co., Ltd. Jul.87 THB 850 96% Engines, Engine parts ─ 2,260 Toyota 15 Toyota Auto Body Thailand Co., Ltd. Feb.78 THB 10 TMT 49% Stamped parts ─ ─ (1) Honda opens its second auto plant in the latter half of 2008 and expands the combined annual production capacity in Thailand to 240,000 units. 7 Production Facilities in ASEAN in 2007 & Related

V ietnam

Lao Cai Hong Kong Mandalay K B MYANMAR 1 Hanoi (BURMA) LAOS 2 7 Vinh Phuc Yangon Gulf of Haikou Tongking Hainan Yangon (Rangoon) Udon Thani Mekong Hue Moulmein THAILAND Gulf of Da Nang Martaban Nakhon Ratchasima VIETNAM Bangkok CAMBODIA Qui Nhon South China Sea Gulf of Phnom Penh Thailand Andaman 6 Dong Nai Sea 3 4 5 Ho Chi Minh City

Can Tho Palawan

■AUTOMOBILE PRODUCTION COMPANIES

Manufacturer Company Name Est. Capitalization Equity Products Annual Prod Employees (x 1 milliion) Stake Cap. (x 1,000) 1 Hino Hino Motors (Vietnam) Ltd. Jun.96 USD 8.11 51% Tr ucks and buses ─ 100 HM 42% (1) 2 Honda Honda Vietnam Co., Ltd. Mar.96 USD 62.9 ASH 28% Civic 10 4,800 3 Isuzu Isuzu Vietnam Co., Ltd. Oct.95 USD 15 35% Assembly of small-sized CVs and RVs ─ 283 4 Mitsubishi 25% Assembly of Pajero, Lancer, etc. ─ ─ Vina Star Motors Corporation Apr.94 USD 16 5 Mitsubishi Fuso 0% Canter ─ ─ 6 Suzuki Vietnam Suzuki Corp. Apr.95 USD 22 35% Carry, APV 6 400 7 Toyota Toyota Motor Vietnam Co., Ltd. Sep.95 USD 49.14 70% Camry, Corolla, Hiace, Land Cruiser, Vios, Innova 18 854

(1) Inclusive motorcycle business.

8 Data by Country Myanmar

CHINA Kunming Vietnam

Singapore

Myanmar Salween Nanning MYANMAR Lao Cai (BURMA)

Irrawaddy Ha Noi Hai Phong LAOS

Luang Prabang Gulf of Haikou Chiang Mai Tongking Hainan Hanoi Vientiane Bay of Vinh Phuc 1 Yangon Bengal Tak Moulmein Udon Thani Mekong Hue

THAILAND Ubon Gulf of Da Nang Martaban Ratchathani

■AUTOMOBILE PRODUCTION COMPANY Manufacturer Company Name Est. Capitalization Equity Products Annual Prod Employees (x 1 milliion) Stake Cap. (x 1,000) 1 Suzuki Myanmar Suzuki Motor Co., Ltd. 1998 USD 6.7 60% Carry, Wagon R+ ─ ─

Singapore MALAYSIA

Dong Nai Ho Chi Minh City 1 6 3 2

JAMA Singapore 4 SINGAPORE 5

●OTHER FACILITIES Manufacturer Company Name Est. Capitalization Equity Function Employees (x 1 milliion) Stake Buying and selling of complementary parts in the 1 Isuzu Isuzu Motors ASIA Ltd. 1996 USD 187 100% region. Works as holding company for regional 16 business entities and their management. Education at the time of obtaining motorcycle riding 2 Honda Singapore Safety Driving Centre Ltd. 1983 SGD 2 27.5% or automobile driver's licenses and safety training 308 for companies and communities. Education at the time of obtaining motorcycle riding 3 Honda Bukit Batok Driving Centre 1988 SGD 5 26% or automobile driver’s licenses and safety training 328 for companies and communities. Regional marketing and sales, franchise management 4 Nissan NISSAN Asia Pacific Pte. Ltd. 2005 USD 10 100% (training, CS improvement, VI compliance), public relations 20 and order processing center (production orders). Settlement service, risk management, treasury 5 Nissan Nissan International Finance Singapore Pte. Ltd. 2005 USD 5 100% consulting service, group finance and payment 8 factory.

6 Toyota Toyota Motor Asia Pacific Pte. Ltd.(1) 1990 SGD 6 100% Support for marketing operations in Asia (excluding 400 China).

(1) Initially established as Toyota Motor Management Service Singapore Pte. Ltd., which was changed to its actual name in 2001.

9 Statistics

Production

Production of passenger cars, trucks and buses by JAMA member companies and their local partners in ASEAN totalled 2,076,965 units (including export units) in 2007, an increase of 11.7% from the previous year.

2,200,000 2,076,965 ASEAN Total 2,027,123

2,000,000 1,859,391

1,748,939 1,800,000

1,600,000 1,471,998

1,400,000 1,307,269 1,273,082 1,242,278 1,217,850 1,200,000 1,096,065 993,692 997,940 1,000,000 Units produced 800,000 738,053

600,000 405,148 400,000

200,000

0 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007

Exports

Exports of passenger cars, trucks and buses produced in ASEAN by JAMA member companies and their local partners climbed to 653,636 units in 2007, an increase of 16.2% over the previous year. Of those, some 542,000 units (83%) were bound for outside ASEAN, while some 112,000 units (17%) were intra-ASEAN exports. By comparison, that ratio in 2006 was 65% to 35%.

700,000 653,636 ◆ 600,000 ◆ 562,284 500,000

400,000 ◆ 405,511

300,000 Units exported

212,014 ◆ 263,923 200,000 ◆ 139,096 127,733 126,037 110,252 ◆ ◆ ◆ 73,990 92,523 ◆ 100,000 ◆ 33,806 42,370 ◆ 27,544 ◆ ◆ ◆ 0 1994 1995 1996 1997 1998 1999 2000 2001 2002 20032004 2005 2006 2007

10 Sales

Sales in the ASEAN market of new passenger cars, trucks and buses produced by JAMA member companies and their local partners in ASEAN totalled 1.56 million units in 2007, in an overall market of 1.87 million units sold. This underscores the fact that JAMA members and their local partners are key players in the ASEAN market.

600,000

500,000

400,000

300,000 584,676 Units sold

434,591 200,000 342,911

100,000

98,417 59,865 38,538 0 Thailand Indonesia Malaysia Philippines Vietnam Singapore

Employment & Number of Facilities

Plant facilities of JAMA member companies and their local partners in ASEAN totalled 61 in 2007, and employment at those facilities reached 85,491 persons. Both figures have generally been on a rise since 2003.

100,000 70 65 61 Employment ◆ 90,000 ◆ No. of facilities 58 ◆ ◆ 60 80,000 ◆ 50 56 ◆ 70,000 50 No. of facilities 60,000 40 50,000 85,491 78,305 30 40,000 68,291 60,773

No. of persons employed 30,000 20 49,871 20,000 10 10,000

0 0 20032004 2005 2006 2007

11 JAMA Activities in ASEAN

Bilateral and Multilateral EPAs with ASEAN Countries

JAMA has advocated the establishment of economic partnership agreements (EPAs) with ASEAN countries and the region as a whole, and actively supported negotiations by the Japanese government in that direction. In April 2008, the signing of a comprehensive EPA between the ten ASEAN countries and Japan was completed. JAMA is confident that expanded trade and investment between Japan and ASEAN countries as facilitated by EPAs will strengthen the interrelationships among the automobile industries in those countries and thereby promote the further development of ASEAN’s automotive sector as a whole.

The 10th AMEICC Working Group on the Automobile Industry (WGAI) Meeting

Operating under AEM-METI1, the AMEICC (AEM-METI Economic and Industrial Cooperation Committee) WGAI meets annually so that government and industry players can exchange opinions on issues facing the ASEAN automobile industry. Held in Jakarta in September 2007, the tenth meeting was attended by 112 participants. During the meeting JAMA advised on the establishment of whole vehicle type approval (see page 14) through the adoption of UN/ECE regulations, so as to simplify and facilitate certification procedures and ensure vehicle quality; it also explained the roadmap for whole vehicle type approval, at the same time offering its cooperation in regard to following that roadmap. Furthermore, while JAMA advocated the harmonization of fuel specifications as promoted by the Worldwide Fuel Charter and EU regulations, it was noted that moves to introduce biofuels to the market should consider the safety of in-use vehicles. The meeting also reported that the Euro 2 fuel specifications recommended by JAMA for the ASEAN Automotive Federation membership had been used as reference by the respective governments in ASEAN in their drafting of specification for Euro 2. The hope is that all countries will eventually adopt the Euro 4 fuel specifications. Lastly, individual member countries presented updates on domestic market trends and industry policies. In 2007, 45 projects were implemented under various AMEICC working groups, with Japan contributing the assistance of 22 experts to those initiatives. 1ASEAN Economic Ministers-Ministry of Economy, Trade and Industry (Japan)

12 The 7th AAF/TC3-JAMA Meeting

As part of its continuing efforts to promote closer ties with the automotive industries in ASEAN, JAMA organized in Ho Chi Minh City in January 2007 the seventh bilateral meeting between automotive products certification experts from Japan and ASEAN automotive associations. Three working groups (WG1 on the environment, WG2 on certification, and WG3 on safety regulations) took part in the meeting and keynote speeches were made by JAMA experts. In their speeches, the experts recommended a set of biofuel specification, priority list of UN/ECE safety regulation, and type approval certification system for future harmonization; the use of a common application document for whole vehicle type approval (see page 14) in ASEAN member countries; and the provision of reasonable lead times to ensure the smooth implementation of new vehicle regulations. These various recommendations were helpful to ASEAN working group members in reaching a positive consensus on proposing a number of technical harmonization agendas for consideration by the relevant ASEAN authorities.

The 12th Asian Regulation & Certification Experts (RACE) Meeting

To contribute industry input on technical harmonization issues to the JASIC/Government & Industry Meeting in Manila in November 2007, JAMA took the lead in organizing the RACE meeting (also in Manila) one day prior to the G/I forum. At the meeting JAMA reported that Japan had officially announced that an international whole vehicle type approval (see page 14) ―which would enable the mutual recognition of such certification among all contracting parties ―be proposed to UN/WP29 by 2015. This news greatly encouraged the promotion of technical harmonization by ASEAN countries. During the discussion on discrepancies between unique national regulations and the international UN/ECE regulations, JAMA asserted that the former can be accepted as a temporary alternative to the latter. JAMA also conducted a survey on other obstacles to the establishment of whole vehicle type approval in individual ASEAN countries, in order to provide an empirical basis for the formulation of strategies for its implementation throughout the region.

13 JAMA Activities in ASEAN

Reference: What is the whole vehicle type approval?

JAMA is currently encouraging support from all ASEAN member states for whole vehicle type approval. This system enables the mutual recognition of approvals (MRA) of whole vehicles among different countries through the adoption of UN/ECE (United Nations Economic Commission for Europe) regulations under the 1958 Agreement. To date, the mutual recognition of approvals based on UN/ECE regulations has applied only to vehicle parts and systems.

The merits of worldwide harmonization of technical regulations and MRA include the resulting standardization of vehicle design specifications and greater commonization (or shared use) of parts, reduced development and production costs, and a simplification and facilitation of certification procedures in all countries concerned. Progress in these areas will expand consumer purchasing options and promote the further development of the automotive industry.

Merits of Worldwide Harmonization of Technical Regulations and MRA Manufacturers * More efficient & speedier Users vehicle development Safer and environmentally * Greater efficiency in * obtaining type approval friendlier vehicles * Wider choice of imported cars * Lower vehicle prices

Enhanced productivity Governments and reduced vehicle * More efficient international development costs, also distribution of vehicles promoting innovations in * More efficient vehicle safety and environmental inspection technologies. * More efficient regulatory formulation & upgrading

JAMA has recommended that the ASEAN countries sign the 1958 Agreement on MRA and adopt the UN/ECE regulations governing relevant parts and systems. The next step is the adoption of whole vehicle type approval, which will lead to the global application of the “Tested once, accepted everywhere” principle. Whole vehicle type approval will, in turn, pave the way for the more widespread use of vehicles incorporating cutting-edge safety and environmental technologies and thereby play an important role in the promotion of international trade.

How Whole Vehicle Type Approval Works Mutual Recognition UN/ECE Certificate of Vehicle Approval Actual Vehicle Seats Vehicle Certificate Tires ------+ ------Safety Glazing ------Mirrors ------Vehicle ------Front Lamps ------Spec. ------etc.

14 JAMA Members' Recent Activities in ASEAN

New/Additional Investment Automaker Year Country Honda 2006 Thailand Honda establishes in April a new manufacturing company in Thailand for the production of stamped body panel service parts. Production start-up is scheduled for June 2007. 2006 Thailand Honda expands its annual engine production capacity in Thailand to 300,000 units. In addition, a new engine components manufacturing factory will be operational by April 2007. 2006 Vietnam In August Honda launches operations in Vietnam with production of the Civic. 2008 Thailand Honda begins production of its second auto plant in the latter half of 2008. Annual production capacity there will eventually expand to 120,000 units and employment to about 2,200 persons. With the 120,000-unit annual production capacity at its existing plant, Honda's combined annual production capacity in Thailand will reach 240,000 units. Investment in its second plant totals 6.2 billion bahts. Isuzu 2007 Malaysia In October Isuzu acquires additional stock in Malaysian Truck and Bus (20%→51% equity), changing the company name to Isuzu Hicom Malaysia and strengthening production operations there. 2008 Indonesia In April Isuzu acquires additional stock in P.T. Pantja Motor (12.5%→44.94% equity), changing the company name to P.T. Isuzu Astra Motor Indonesia and strengthening commercial vehicle operations there. Mazda 2005 Thailand Mazda establishes Mazda South East Asia, the liaison company for its ASEAN business operations, in Thailand. Investment totals 11 million bahts. 2006 Indonesia Mazda establishes the sales subsidiary PT. in Indonesia. Investment totals 400 million yen. Mitsubishi 2005 Malaysia Mitsubishi's new and exclusive sales network in Malaysia, Mitsubishi Motors Malaysia Sdn. Bhd., a company between Mitsubishi Corporation and Berhad (EON), is established in January and starts sales in July 2005. 2006 Thailand Mitsubishi increases its annual production capacity in Thailand from 180,000 to 200,000 units. 2007 Indonesia Mitsubishi enters into capital participation of 2% in P.T. Krama Yudha Tiga Berlian Motors (KTB). Mitsubishi Fuso 2007 Indonesia Mitsubishi Fuso enters into capital participation of 18% in P.T. Krama Yudha Tiga Berlian Motors (KTB) and 32.3% in Mitsubishi Krama Yudha Motors and Manufacturing (MKM) to strengthen both companies' bases. Nissan 2007 Thailand Siam Nissan Automobile Co., Ltd. (SNA) begins exporting the Nissan Frontier Navara to 120 markets in September. SNA invested around US$ 760 million in 2005-2007 to increase production capacity and upgrade production facilities in order to make Thailand global production base for Nissan. Toyota 2005 Indonesia Toyota announces in April that its Karawang, Indonesia plant production capacity will expand to about 100,000 vehicles annually. + 2005 Thailand Toyota announces in April the construction of a new plant in Thailand and expanded production capacity there to about 550,000 vehicles annually. 2007 Thailand In March Toyota Motor Thailand Co. Ltd. (TMT) opens its Ban Pho plant, for which investment totals 15 billion bahts. The plant, with an annual production capacity of 100,000 vehicles, incorporates cutting-edge environmental technologies and is seen, accordingly, as a model facility in Asia.

15 JAMA Members' Recent Activities in ASEAN

Production, Sales and Exports Automaker Year Country Daihatsu 2005- Malaysia Perodua (joint venture company between Malaysian corporation and 2007 Daihatsu) markets Myvi in May 2005 and ViVA in May 2007.

2006- Indonesia In Indonesia, PT. Astra Daihatsu Motor (ADM) markets the Terios in 2007 December 2006. ADM markets the Gran Max in November 2007.

Honda 2007 Thailand In November Honda's cumulative production in Thailand reaches 1 million units. Honda launched its operations there in 1984.

Isuzu 2007 Thailand In January Isuzu's cumulative production in Thailand reaches 2 million vehicles. This year also marks the 50th anniversary of the launch of Isuzu's operations in Thailand. Mazda 2007 Thailand Cumulative production at Auto Alliance Thailand, a Mazda joint venture plant with Ford in Thailand, reaches 1 million vehicles. Mitsubishi 2007 Thailand In October Mitsubishi Motors (Thailand) Co., Ltd. announces that cumulative exports of its pickup trucks, which began in 1989, reach 1 million units. The pickups are currently shipped to about 140 countries/regions and have received numerous awards as well as stellar evaluations over the years. Mitsubishi Fuso 2005 Malaysia In January Mitsubishi Fuso transfers its truck and bus operations in Malaysia to DaimlerChrysler Malaysia (DCM). 2005- Singapore, Mitsubishi Fuso carries out a complete model change for its small-size truck in Singapore, 2007 Vietnam, Vietnam and Indonesia. Indonesia Nissan 2007- Indonesia, Nissan launches the all-new Grand Livina, one of 2008 Malaysia, a new family of global models, in April 2007 in Philippines Indonesia, in December 2007 in Malaysia, and in 2008 in the Philippines. In Indonesia, Grand Livina receives 8 awards by early 2008.

Suzuki 2008 Indonesia In January Suzuki's Indonesian subsidiary P.T. Indomobil Suzuki International starts exports of a slightly modified version of the locally assembled APV. The vehicle is currently exported to some 60 countries.

Toyota 2005 Philippines, Toyota starts production of its IMV (Innovative International Multi-purpose Vehicle) models in Malaysia February in the Philippines and in March in Malaysia.

16 Technology Transfer Automaker Year Country Honda 2007 Philippines Honda has steadily instituted environmental management systems at all its facilities to continuously enhance environmental protection and more thoroughly mitigate the environmental impact of operations. It has also been proactive in acquiring ISO 14001 (environmental management) certification for its facilities, and this year Honda Cars Philippines Inc. acquires such certification. Nissan 2007 Thailand Nissan conducts R&D activities for ASEAN in Thailand. In April, Nissan South East Asia Co., Ltd. (NSEA) changes its name to Nissan Technical Center South East Asia Co., Ltd. (NTCSEA), reflecting Nissan's move to focus more on R&D for ASEAN.

Human Resources Development Automaker Year Country Nissan 2006- ASEAN/Japan More than 20 manufacturing employees from Nissan's ASEAN operations take part in its “Master Trainer Program” (to “train the trainer”) at the Nissan Global Training Center (GTC) inaugurated in Japan in November. The training curriculum covers vehicle manufacturing (bodies, assembly, painting process, etc.), power-train manufacturing, logistics, quality assurance and plant management and maintenance. Toyota 2005 Thailand With Toyota's support, Toyota Motor Thailand Co. Ltd. (TMT) establishes its Asia Pacific Global Production (training) Center (AP-GPC) to enhance skills and optimize efficiency in the production of its high-quality vehicles. AP- GPC will provide training not just for TMT's employees, but also for members of the Toyota network in the Asia-Pacific region in order to ensure Toyota's high standards throughout its operations in the region.

Social Contribution Automaker Year Country Daihatsu 2005 Indonesia, In January Daihatsu and its joint venture and affiliated manufacturers provide relief assistance in Malaysia Indonesia for victims of the Sumatra earthquake and ensuing Indian Ocean tsunami. Daihatsu donates over 10 million yen to the Japanese Red Cross Society; P.T. Astra Daihatsu Motor (ADM) donates to the Indonesian government vehicles worth approx. 1 billion rupiahs; Perodua donates 200,000 ringgits to Malaysian domestic newspaper publishers. 2006 Indonesia In May Daihatsu and its joint venture and affiliated manufacturers provide assistance for the victims of the earthquake in Java, Indonesia. Daihatsu donates 5 million yen to the Japanese Red Cross Society; Astra Daihatsu Motor donates 500 million rupiahs; donates an ambulance.

17 JAMA Members' Recent Activities in ASEAN

Automaker Year Country Honda 2006 Vietnam The Honda Foundation inaugurates the Honda YES (Young Engineer and Scientist's) Award in Vietnam this year, with plans to launch it in Cambodia and Laos in April 2008. This award is supported by Honda Vietnam, the National institute of Science and Technology Policy and Strategy and affiliated universities, and is given to students who have excelled in the area of science and technology. Honda hopes thereby to help foster future leaders in the technology and engineering science fields who will contribute to Vietnam's further development. Isuzu 2007 Indonesia, The Isuzu Heart & Smile Project begins, with support for educational Vietnam improvements at six elementary schools in Indonesia (Kupang, West Timor) carried out as one phase of this project. In Vietnam (in the northern Dien Bien Phu area), Isuzu provides support for expanded educational opportunities and an improved educational environment at 14 elementary and junior high schools.

Mazda 2005 Thailand Mazda donates 18 million bahts to rebuild schools in Thailand destroyed in December 2004 by the Sumatra earthquake and Indian Ocean tsunami. 2005- Thailand Over this two-year period, Mazda donates writing implements and sports supplies to elementary schools 2007 in Thailand (twice yearly) as a participant in Thailand's children's support programs. 2007 Thailand Mazda donates a Mazda BT-50 to the Chaipattana Foundation (a nonprofit, social welfare organization) in Thailand. Mitsubishi Fuso 2006 Indonesia Mitsubishi Fuso donates 10 small trucks through its local sales company to support relief operations following the May earthquake in Java. 2007 Indonesia Mitsubishi Fuso supports the Urawa Red Diamonds professional soccer team's conduct of the “Heart-full School” soccer clinics for elementary school students in Asian (including ASEAN) countries as part of the club's international exchange activities. Nissan 2006 Singapore, Nissan holds the year-long Nissan Design Forum & “Imagination Factory” Malaysia, exhibition in seven cities in Asia including Singapore, Kuala Lumpur, Manila Philippines, and Bangkok. Working in close collaboration with local design councils and Thailand schools, for the first time ever a major auto manufacturer demonstrates the intricacies of automotive design to aspiring students and the general public. Nissan Diesel 2005 Indonesia In January Nissan Diesel donates 20 million yen to the Japanese Red Cross Society for victims of the Sumatra earthquake and ensuing tsunami, chanelling those funds through the Nippon Keidanren (Japan Business Federation). 2006 Indonesia In June Nissan Diesel donates 500,000 yen for the victims of the Java earthquake in May. Toyota 1988- Thailand In Thailand, as part of local efforts to educate children about road safety, Toyota Motor Thailand Co., Ltd. (TMT) carries out the White Road Project's Road Safety Campaign. Conducted since 1988, the campaign uses the “Milky Way & the Gang” mascots to cheerfully explain road safety to children. In 2004 Toyota opened the White Road Theme Park in central Thailand where children and their parents can learn about road safety in an enjoyable way. 1992- Philippines To help give local communities a better quality of life through improved healthcare services and increased awareness of the need for quality healthcare, Toyota Motor Philippines Corporation, via its social and humanitarian arm Toyota Motor Philippines Foundation, Inc. (TMPF), conducts its Medical and Dental Outreach Program (MDOP) twice a year for residents of Parañaque and Santa Rosa City, Laguna. This program is carried out in collaboration with local hospitals and pharmaceutical companies and provides healthcare services and medicines free of charge.

18 About JAMA

Established in 1967, the Japan Automobile Manufacturers Association, Inc. (JAMA) is a nonprofit industry association currently comprised of fourteen manufacturers of passenger cars, trucks, buses and motorcycles in Japan. The globalization of auto manufacturing contributes significantly to local and national economies around the world. As directions in auto manufacturing increasingly influence the world we live in, JAMA takes its role and mission ever more seriously, acting not only to promote increased environmental protection and greater road safety but also to enhance the international business environment.

Objectives To promote the sound development of the automobile industry and contribute to social and economic welfare.

Activities ・Conducts studies and surveys related to automobile production, distribution, trade and use. ・Assists in the rationalization of automobile production, and helps establish policy for the development, improvement and promotion of production technology. ・Establishes and promotes policies related to automobile trade and international exchange. ・Engages in public interest, international cooperation and other activities involved in meeting its organizational objectives.

Chairman Satoshi AOKI (Chairman, Honda Motor Co., Ltd.)

Overseas Offices North American Office (Washington, D.C., U.S.A.) European Office (Brussels, Belgium) Singapore Representative Office Beijing Office (People's Republic of China) JAMA Member Manufacturers, etc.

Member Manufacturers

●DAIHATSU MOTOR CO., LTD. ●ISUZU MOTORS LIMITED ●MITSUBISHI FUSO TRUCK & BUS ●SUZUKI MOTOR CORPORATION Head Office: 1-1, Daihatsu-cho, Ikeda, Osaka 26-1, Minami-Oi 6-chome, CORPORATION Head Office: 300, Takatsuka-cho, Minami-ku, 563-8651 Shinagawa-ku, Tokyo 140-8722 26-1, Minami-Oi 6-chome, Hamamatsu, Shizuoka 432-8611 Tel: +81(72)751-8811 Tel: +81(3)5471-1141 Shinagawa-ku, Tokyo 140-8722 Tel: +81(53)440-2061 Tokyo Office: 2-10, Nihonbashi-Honcho 2-chome, http://www.isuzu.co.jp/ Tel: +81(3)5471-1141 Tokyo Branch: 23-2 Daikyo-cho, Shinjuku-ku, Chuo-ku, Tokyo 103-8408 http://www.isuzu.co.jp/ Tokyo 160-0015 Tel: +81(3)3279-0813 Tel: +81(3)3356-2501 http://www.daihatsu.com/ http://www.globalsuzuki.com/

●FUJI HEAVY INDUSTRIES LTD. ●KAWASAKI HEAVY INDUSTRIES, LTD. ●NISSAN DIESEL MOTOR CO., LTD. ●TOYOTA MOTOR CORPORATION Subaru Bldg., 7-2, Nishi-Shinjuku Tokyo Head Office: World Trade Center Bldg., 4-1, 1-1, Ageo, Saitama 362-8523 Head Office: 1, Toyota-cho, Toyota, Aichi 471-8571 1-chome, Shinjuku-ku, Tokyo Hamamatsu-cho 2-chome Tel: +81(48)781-2301 Tel: +81(565)28-2121 160-8316 Minato-ku, Tokyo 105-6116 http://www.nissandiesel.co.jp/ Tokyo Office: 4-18, Koraku 1-chome, Bunkyo-ku, Tel: +81(3)3347-2111 Tel: +81(3)3435-2111 ENGLISH/index.html/ Tokyo 112-8701 http://www.fhi.co.jp/ Kobe Head Office: Kobe Crystal Tower, 1-3, Higashi Tel: +81(3)3817-7111 Kawasaki-cho 1-chome http://www.toyota.co.jp/ Chuo-ku, Kobe, Hyogo 650-8680 Tel: +81(78)371-9530 http://www.khi.co.jp/

●HINO MOTORS, LTD. ●MAZDA MOTOR CORPORATION ●NISSAN MOTOR CO., LTD. ●YAMAHA MOTOR CO., LTD. Head Office: 1-1, Hinodai 3-chome, Hino, Head Office: 3-1, Shinchi, Fuchu-cho, Aki-gun, 17-1, Ginza 6-chome, Chuo-ku, Head Office: 2500, Shingai, Iwata, Shizuoka Tokyo 191-8660 Hiroshima 730-8670 Tokyo 104-8023 438-8501 Tel: +81(42)586-5111 Tel: +81(82)282-1111 Tel: +81(3)3543-5523 Tel: +81(538)32-1115 Tokyo Office: 11-3, Shiba 4-chome, Minato-ku, Tokyo Head Office: Yamato Seimei Bldg., 1-7, http://www.nissan-global.com/JP/ Tokyo Office: 1-1 Marunouchi 2-chome, Tokyo 108-0014 Uchisaiwai-cho 1-chome Chiyoda-ku, Tokyo 100-0005 Tel: +81(3)3456-8811 Chiyoda-ku, Tokyo 100-0011 Tel: +81(3)5220-7200 http://www.hino.co.jp/ Tel: +81(3)3508-5031 http://www.yamaha-motor.co.jp/ http://www.mazda.co.jp/ Former Member & Friend of JAMA

●HONDA MOTOR CO., LTD. ●MITSUBISHI MOTORS CORPORATION ● JAPAN, LTD. 1-1, Minami-Aoyama 2-chome, 33-8, Shiba 5-chome, Minato-ku, Head Office: 12-8 Higashi-shinagawa 4-chome, Minato-ku, Tokyo 107-8556 Tokyo 108-8410 Shinagawa-ku, Tokyo 140-8687 Tel: +81(3)3423-1111 Tel: +81(3)3456-1111 Tel: +81(3)6711-5700 http://www.honda.co.jp/ http://www.mitsubishi-motors.co.jp/ http://www.gmjapan.co.jp/

19 Head Office Jidosha Kaikan, Shiba Daimon 1-chome, Minato-ku Tokyo 105-0012 Japan TEL: +81-3-5405-6126 FAX: +81-3-5405-6136 URL: http://www.jama.or.jp/

Singapore Representative Office 143 Cecil Street, #09-03/04 GB Bldg. 9F Singapore 069542 TEL: +65-6221-5057 FAX: +65-6221-5072

North American Office 1050 17th Street, N.W., Suite 410 Washington, D.C. 20036, U.S.A. TEL: +1-202-296-8537 FAX: +1-202-872-1212 URL: http://www.jama.org/

European Office Avenue Louise 287 Box 9, 1050 Brussels, Belgium TEL: +32-2-639-1430 FAX: +32-2-647-5754

Beijing Office Unit 1001B, Level 10, China World Tower 2 No.1 Jian Guo Men Wai Avenue Beijing, 100004 China TEL: +86-10-6505-0030 FAX: +86-10-6505-5856