Peru

An outstanding example of increased globalisation can be seen in US automaker General Motors' (GM) recently announced plans to export Chinese-made mini-commercial vehicles to Peru.... 2008-07-18

Mahindra & Mahindra, the Indian carmaker, has taken a further step in its bid to tap growth in Latin America. According to industry sources, the company has launched its Scorpio... 2008-02-21

At the time of the 2004 mid-year ministerial changes, Toledo promised a 13% increase in wages from US$118 to US$133 per month. This, given the fiscal deficit targets under the latest... 2007-07-23

Honda has decided to build a motorbike plant in Iquitos, Peru. The plant will have an initial yearly output of 25,000 units, rising to 100,000 units in the future. The project will... 2006-12-08

Business Environment Ranking

The absence of any significant investment by industry majors in Peru's automotive market sees Business Monitor International (BMI) reiterate its forecasts for the sector in the Peru... 2006-11-29

Peruvians are still buying more new vehicles on the back of increased consumer confidence and greater purchasing power. Although the Peruvian automotive industry is tiny when compared... 2006-11-01

At the time of the 2004 mid-year ministerial changes, Toledo promised a 13% increase in wages from US$118 to US$133 per month. This, given the fiscal deficit targets under the latest... 2006-05-15