Delphi, the US-based company, said in a statement recently that in the second half of the year, it signed a contract valued at nearly US$1 billion in Asia, which accounted for 63% of the US$1.5 billion in global sales completed by the company during the same period.
Greg Kohenfelder, Delphi's global manager of commercial vehicles, said: “Delfi’s commercial vehicle market in Europe and North America has been very strong, but this year, Asia’s performance in new car bookings ranks first in all regions. ."
A spokeswoman for Delphi’s Southeast Asia office in Singapore said that the company’s largest markets in Asia are China, India and South Korea. Regional manager Brad Magath said that business growth in Asia is very fast.
Delphi Company quoted the market research firm Global Perspectives as saying that currently Asia is the largest market for heavy commercial vehicles and the second largest market for light commercial vehicles. Global Perspectives expects that demand for commercial vehicles in the Asia-Pacific region will continue to grow, and by 2013 it will become the largest market for heavy-duty and light commercial vehicles.
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