Industry Developments

Total new vehicle sales in China fell 3.4% year-on-year (y-o-y) in Q112, but marginal growth of 1% in March has kept sales volumes on course to meet BMI's forecast of 19.8mn units in... 2012-05-22

Chinese news agency Xinhua has reported that the central government's subsidy fund for purchases of fuel-efficient vehicles stands at CNY6bn (US$949mn). It is the first time the total... 2012-05-17

New leadership at both Nissan Australia and Peugeot Australia has resulted in some aggressive growth targets for 2012 and beyond, but as BMI expects the total market to grow by a moderate... 2012-05-16

The potential for new fees on vehicle usage in Vietnam is already keeping buyers away, posing further downside risk to BMI's forecast for a 12% contraction in total vehicle sales in... 2012-05-15

Malaysia's leading carmaker Perodua has announced investment of between MYR1.2bn (US$390mn) and MYR1.5bn (US$486.5mn) over the next three years as it looks to prepare for the full liberalisation... 2012-05-14

Malaysia's leading carmaker Perodua has announced investment of between MYR1.2bn (US$390mn) and MYR1.5bn (US$486.5mn) over the next three years as it looks to prepare for the full liberalisation... 2012-05-14

In line with BMI's view that newcomers would be hardest hit by China's new regulations on investing in the autos sector, Japan's Fuji Heavy Industries, parent of the Subaru brand, has... 2012-05-11

US high-end automotive sound system producer Bose is opening its first Asia Pacific facility in Malaysia, won over by the country's business environment. BMI believes the growing trend... 2012-05-10

A combination of government subsidies and a low base effect from March 2011 when the earthquake and tsunami hit, contributed to a 71% year-on-year (y-o-y) increase in Japanese vehicle... 2012-05-09

The government of Myanmar has taken further steps to accelerate the renewal of the country's ageing vehicle fleet by allowing deregulated car imports for consumers with foreign exchange... 2012-05-08