Most of the vehicles built in Thailand are developed and licensed by foreign producers, mainly Japanese and American. The Thai car industry takes advantage of the ASEAN Free Trade Area (AFTA) to find a market for many of its products. Eight manufacturers, five Japanese, two US, and Tata of India, produce pick-up trucks in Thailand. As of 2012, Due to its favorable taxation for 2-door pick-ups at only 3-12% against 17-50% for passenger cars, Thailand was the second largest consumer of pick-up trucks in the world, after the US. In 2014, pick-ups accounted for 42% of all new vehicle sales in Thailand.