Message from the CEO
            
            
              4
            
            
              Highlights of 2012 
            
            
              6
            
            
              Company at a Glance 
            
            
              8
            
            
              Management Review & Financial Performance
            
            
              10
            
            
              Our Strategy
            
            
              14
            
            
              Regional Expansion
            
            
              16
            
            
              Our Lines of Business and Brands 
            
            
              18
            
            
              Passenger Cars 
            
            
              22
            
            
              Motorcycles & Three-Wheelers 
            
            
              26
            
            
              Commercial Vehicles & Construction Equipment 
            
            
              30
            
            
              Tires 
            
            
              33
            
            
              Financing Businesses 
            
            
              34
            
            
              Organization
            
            
              36
            
            
              Board of Directors
            
            
              38
            
            
              Executive Management
            
            
              40
            
            
              Human Resources
            
            
              44
            
            
              Corporate Social Responsibility
            
            
              46
            
            
              Financial Review
            
            
              47