Peru Geared To Become Regional Outperformer

Suppliers' Boost Bring Hope, But Turnaround Remains A Far Possibility

Industry / Peru Snavely Machine & Manufacturing is looking to invest US$1.4mn towards introducing new production lines for the nine-speed transmissions to be used in Chrysler vehicles. Although the investment itself...

BMI Sees Strong Prospects For Vehicle Growth Through Financing

Industry / Peru Peruvian banks are looking to increase their penetration in the lucrative vehicle financing market and realise the potential for Peruvian vehicle demand, which BMI forecasts is set to reach315,800 units...

All-Round Support For Autos Growth

Industry / Peru Peru is showing signs of becoming one of the most promising auto growth markets in Latin America, thanks to impending regulations, free trade agreements with major markets and low vehicle ownership levels....

Consumer Strength And Government Support Raise Vehicle Demand

Industry / Peru A favourable consumer profile and improved availability of vehicle financing helped new car sales in Peru grow by a robust 24% year-on-year (y-o-y) between January and November 2011, according to estimates...

Autos Get A Taste Of Gas Expansion

Industry / Peru The Peruvian government is close to achieving its target of converting 90,000 fuel-powered vehicles to those running on Vehicular Natural Gas (NGV - also known as GNV in Spain) by end-2009. BMI research...