Industry Developments

The Romanian auto industry is currently falling into a standard pattern for countries in Central and Eastern Europe (CEE). Namely, a very large domestic production capacity and limited... 2012-05-01

Turkish tyre maker BRISA Bridgestone Sabancý Lastik Sanayi ve Ticaret, a joint venture (JV) between Japanese tyre maker Bridgestone and Turkey's Sabanci Holding has announced plans... 2012-04-27

Skoda Auto, the Czech subsidiary of Volkswagen, has reportedly reached an agreement with local labour unions for a 5% increase in wages on average in a deal which will be valid until... 2012-04-26

Canadian auto parts supplier Magna International and Russian carmaker Avtotor are looking to establish an automotive cluster in the Russian enclave of Kaliningrad, in a project estimated... 2012-04-25

An increase of nearly 29% year-on-year (y-o-y) in Ukrainian new car sales in Q112 has prompted BMI to revise up its 2012 forecast, from 5.5% y-o-y growth to close to 8%. We are not... 2012-04-20

Vehicle production in Poland contracted by a sharp 17.5% year-on-year (y-o-y), to 195,600 units, in the first quarter of 2012, the Financial Times has reported, quoting local autos... 2012-04-18

A significant moderation in Russian new light vehicle (comprising passenger cars and light commercial vehicles) sales growth in Q112 has prompted BMI to revise down its 2012 sales growth... 2012-04-16

Mercedes-Benz Türk, the local subsidiary of the German carmaker, has become the first carmaker to switch from euros to Turkish lira for the payment of its imports from Germany. For... 2012-04-10

French tyre maker Michelin plans to invest close to US$227mn towards expanding the annual production capacity at the Tigar plant in Pirot, Serbia over the next five years. The investment,... 2012-04-03

Autos production in the Czech Republic reached 1.2mn units during 2011, according to estimates from the Czech Automobile Industry Association (AutoSAP), marking an 11.5% increase over... 2012-03-29