Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Business Environment / Venezuela

Venezuela To Rise Up Rankings?

December 2006 | Business Environment Outlook

BMI's revised Business Environment Ranking for the automotive industry sees Venezuela in joint fifth place on a composite score of 36, although its political risk rating is slightly lower than in our final quarter report for 2005. However, vehicle ownership is below average for the region, providing strong potential for market growth. The country also has associate membership of the Mercosur union, improving trade relations with other member countries in the

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