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

Venezuela

Venezuela Articles

Industry

There has been little in the way of good news for Venezuelan carmakers of late and the industry faces a new round of challenges in 2010. The first bad news came in January 2010 when... 2010-02-24


Industry

Private car importers in Venezuela are having to streamline or significantly downsize their operations due to poor demand. BMI points outs out that the car import business looked... 2010-02-17


Companies

Following the devaluation of the bolivar from VEB2.15/US$ to VEB4.30/US$ from January 8 2010, Venezuelan autos suppliers have begun to evaluate the possible impact of the ruling on... 2010-01-26


More ARTICLES

Industry

Vehicle production in Venezuela fell 17.4% year-on-year (y-o-y), to 111,554 units during 2009, the Venezuelan Automobile Chamber of Commerce (Cavenez) has estimated. BMI believes... 2010-01-08


Industry

There could be an influx of Chinese cars into the Venezuelan autos market as a result of strengthening trade relations between the two countries. Venezuela's state-run Agencia Bolivariana... 2009-12-23


Industry

Nearly two years since the imposition of restrictions on vehicle imports, Venezuela is struggling to bolster its domestic autos production. Although imports have fallen as expected,... 2009-12-14


Industry

The Venezuelan government has increased its stake in the Venirauto assembly plant from 49% to 64.04% through the Venezuelan Corporation of Intermediate Industries (Corpivensa). The... 2009-12-07


Industry

News: According to El Universal, Venezuela's Minister of Science, Technology and Intermediate Industries (Mctii), Jesse Chacón, has stated that the government has granted its approval... 2009-11-17

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