Asia affected by the crisis within the automotive industry

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Updated December 17, 2008 11:34:49

The world financial crisis looks set to claim more victims in the region's automotive industry.

Newspaper reports are predicting a 1 point 1 billion dollar loss for the world's largest car-maker, Toyota. While they say this won't affect jobs or investment in India or Australia, there's much speculation on where predicted production cuts will hit.

Presenter: Sonia Randhawa
Speakers: Andrew McKellor, Chief Executive, Australia's Federal Chamber of Automotive Industries; John Bonnell, Director of Forecasting, Asia-Pacific, Automotive Resources Asia; John Mellor, publisher of GoAuto.com.au

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