Venezuela

Car sales in Venezuela dipped by almost 41.4% year-on-year (y-o-y) in May as a result of the government's quota restrictions of a maximum of 219,000 imported vehicles, including motorbikes... 2008-06-18

Venezuela Mobile (VM), the social programme that waives the VAT on certain vehicles is set to come to an end in June 2008 as the relevant tax rules expire. Although car sales have... 2008-04-24

Renault has earmarked investment of VEB40bn (around US$18.6mn) for its Venezuelan operations. According to company sources, the carmaker will use the capital to

The outlook in Venezuela's automotive industry remains relatively unchanged, according to

The first vehicles made by the Iranian and Venezuelan joint venture,

In line with other key markets in Latin America, Venezuela's automotive industry is enjoying a surge in both sales and production. In 2006, car sales for the year soared by 50.34%... 2007-03-22

The strict control exercised by Hugo Chávez on national industries is starting to have a direct and detrimental effect on the country's automotive sector. According to press reports,... 2007-03-05

Venezuela's automotive industry has got off to a roaring start in 2007. According to industry data, demand for new cars is such that around 90,000 buyers are waiting for their vehicles... 2007-02-28

In 2006 Venezuela's automotive industry has posted robust results in the key areas of sales and production. Bumper sales, which have been attributed to soaring oil prices, the success... 2006-12-13

Chinese automotive company Chery Automobile and Socma of Argentina have joined forces to create Chery Mercosur, the joint venture set to manufacture and sell vehicles in the Mercosur... 2006-12-06