Automotives market data, analysis and forecasts from Business Monitor International, the trusted source for business information and industry intelligence across global markets.
Automotives Insight provides market intelligence, trend analysis, forecasts and ratings for the global Automotives industry on a country-by-country basis across the Americas, Emerging Europe, Western Europe, Asia, and the Middle East & Africa. Combined with competitive intelligence on the growth strategies of the leading national and multinational companies, Automotives Insight allows you track key developments across the global Automotives industry.
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Industry / Brazil
General Motors Company (GM) has announced that it is to cut 598 workers from its Sao Jose dos Campos facility in Brazil. Despite this, we maintain our bullish view for auto production in the country, and expect to see sustained growth and investment in the sector. Further, we believe that the country remains important for GM, predicated on investments in other sites and ongoing...
2013-03-27Industry / Mexico
Commercial vehicle (CV) sales in Mexico increased 12.9% year-on-year (y-o-y) in the first two months of 2013, to 5,411 units. This is something of a moderation from the 20.0% y-o-y...
2013-03-26Industry / Brazil
Automotive steel manufacturer Arcelor Mittal Vega is to invest US$10mn to install new post-treatment technology at its galvanising plant in Brazil. BMI believes that Brazil will continue...
2013-03-22Industry / Thailand
Thailand's March vehicle production grew strongly on the back of rising exports which exceeded 100,000 units for the first time since 1988. The strong first quarter performance has prompted us to upgrade our 2013 auto production growth forecast to 8%, from 2% previously. We believe the high degree of localisation in carmakers' domestic operations will continue to be a mitigating...
2013-04-24Industry / South Korea
The outbreak of a fresh wage dispute due to the increasing assertiveness of Hyundai's labour unions has resulted in a production loss for the firm and further aggravated its recent...
2013-04-23Industry / India
BMI View: BMW's decision to base production of its 'Mini' brand at its existing Chennai plant moves the firm closer to its Indian target market. Furthermore, the carmaker will benefit...
2013-04-22Industry / Poland
GM has signed a deal to buy the remaining 40% stake in Isuzu's engine plant in Tychy, Poland. The company has not released the value of the deal. GM currently uses Isuzu engines across a number of its models. We believe that this investment will allow GM to consolidate its supply chain. Further, BMI maintains a bullish outlook on autos manufacturing in Poland on the back of strong...
2013-04-24Industry
Automotive supply manufacturer Bosch expects global sales to increase between 2% to 4% in 2013, primarily driven by sales outside of Europe. BMI has long maintained that many auto companies...
2013-04-22Industry / Russia
Tyre manufacturer Bridgestone is to invest US$375mn in Russia to build its first manufacturing site in the country. Japanese auto producer Mitsubishi Motors will have a 10% stake in...
2013-04-16Industry / Iran
Iranian vehicle production ended calendar year 2012 down 40% on the previous year, and registered a similar decline for the Iranian year ending March 20 2013. Although the latter months of the Iranian year showed signs of improvement with year-on-year (y-o-y) declines shrinking, BMI believes there are still too many risks to manufacturing - not least the shortage of capital and...
2013-04-24Industry / Brazil
Swedish commercial vehicle manufacturer Scania has announced a drop in the first three months of 2013 earnings despite increases in deliveries and order booking volumes. BMI believes...
2013-04-24Industry / Gabon
In 2013, BMI forecasts a 3.4% increase in vehicle sales in Gabon, on the back of a 2.2% uptick in the passenger car segment and a 9.1% increase in commercial vehicle sales. These fairly...
2013-04-24Industry / Spain
Passenger car production in the European Union (EU27) declined 7.0% in 2012, to 14,611,682 units. Much of the declines were in Western Europe, in line with BMI's long held view of auto companies increasingly seeking to shift their manufacturing operations away from the declining markets of the region.
2013-03-26Industry / Germany
German auto manufacturer Audi added 12 extra shifts at its Neckarsulm plant in Germany during the first quarter of 2013 and expects to add several more over the coming months on the...
2013-03-25Industry / United Kingdom
BMI maintains a relatively bullish forecast for vehicle production in the UK, particularly compared with output levels in many other European countries. This view has been informed...
2013-03-21
