Honda Makes Big Plans For Asia With Indonesia And India Push

Reuters - When Honda Motor's (7267.T) 2012 Civic debuted at the New York auto show in April, critics universally panned its cheap, hard-plastic interior .

TOKYO (Reuters) - Honda Motor Co aims to nearly double its global car sales to at least 6 million vehicles in four years, its chief executive officer said on Friday as the Japanese automaker tries to expand in emerging markets. The Fit, or Jazz, subcompact car and its series, as well as the small car Brio will be at the core of the company's product lineup so that Honda can reach its sales target in the year ending March 2017, CEO Takanobu Ito said. ...

World Market Pulse submits:Asia is home to several emerging and globalizing powers, including India and China but one nation that stands out but is not largely covered in the business media is Indonesia. Little is known about Indonesia in the investing circles despite being a country made up of some 17,000 islands, which is now the 4th most populous nation in the world.

Honda says Brio has been upgraded for convenience, comfort and pleasure.

Honda says Brio has been upgraded for convenience, comfort and pleasure.

Honda Motor Company's endeavour to garner market share in India by offering discounts on models such as the Brio and Jazz has run afoul of tax authorities.

Indonesia’s workforce is growing 7,000 people stronger each day, adding an estimated 21 million people to its workforce by over the next decade. This is second only to India as Asia’s fastest growing workforce.

Brian Rezny submits: The national anthem calls Indonesia great. Some call Indonesia Asia's next growth story (after China and India). And there is good reason. One reason: Indonesia is the third largest democracy, according to the Economist. Another reason: it is home to 245 million (the fourth largest population). It is the 16th largest economy (according to the CIA World Factbook). And in 2009, Indonesia joined the G20.