Industry Developments

The Serbian commercial vehicle (CV) production segment is set to receive a boost in the form of a RSD600mn package announced by the government that is targeted at truck, bus and tractor... 2012-02-06

Imports of used cars in Poland are struggling to return to pre-crisis levels, reaching only 655,314 units in 2011 - down almost 9% compared with 2010 and almost 35% lower compared with... 2012-02-02

New passenger car sales in Estonia grew a robust 92.0% y-o-y to 19,766 units during 2011 on the back of stellar real GDP growth, estimated at 8.0% during the year. Although the growth... 2012-01-30

New light vehicle sales in Kazakhstan - comprising passenger cars and light commercial vehicles - reached 44,600 during 2011, growing an impressive 107% compared with 2010, according... 2012-01-26

Uzbekistan has abolished a toll fee on vehicles imported into the country from Russia and Ukraine, in a move BMI believes is broadly aimed at improving trade ties with its neighbours.... 2012-01-24

BMI forecasts Romanian new vehicle sales to grow a cautious 3.4% year-on-year (y-o-y), to 123,100 units, during 2012. The timid growth comes on the back of four consecutive years of... 2012-01-23

An increasing preference for foreign brands in Russia and the government's offer of duty-free imports into the country - conditional on a minimum 30% local content level - have prompted... 2012-01-16

Russian economic growth, bolstered by high energy prices and the pent-up demand from 2009's drop in vehicle sales, helped fuel a robust 39% year-on-year (y-o-y) growth in new light... 2012-01-13

Croatia's new vehicle sales market has witnessed something of a rebirth in 2011, after two consecutive years of heavy decline. Indeed, after plunging 53.1% year-on-year (y-o-y) in 2009... 2012-01-12

The deal between Serbia and the EU calling for a reduction in custom duties on new imported vehicles from 5% to 2.5%, which came into effect from January 1, is unlikely to bolster consumer... 2012-01-11