Latvia

Kommest Auto, an authorised Peugeot dealer in Estonia that was bought by Latvian businessman Toomas Rüütmann last year, has filed a legal claim against one of Latvia's largest banks,... 2008-09-15

Automotive manufacturer Honda has ended its business ties with Latvian auto dealership Bensons Auto, as the dealer failed to its repay debts worth EUR1.8mn (LVL1.26mn) to the car... 2008-08-18

BMI's Latvia Automotives Report for Q406 examines the sustained growth in the Latvian car market, which saw sales grow 51.1% y-o-y to 19,422 units in the first eight months of 2006,... 2006-11-23

BMI's newly-released Latvia Automotives Report examines the sustained growth in the Latvian car market, which saw automotive sales grow by 42.8% to 19,639 units in 2005, according... 2006-10-19

BMI expects a firm GDP growth rate to lend support to future expansion in sales. The strong performance in the first four months of 2006 has led to an upward revision in our sales... 2006-07-27

Latvia's economy continued to expand in Q305 at the record-high rate of 11.4% achieved in Q2. The momentum in the economy is very strong and higher frequency data suggest no let-up... 2006-07-27

The Latvian automotive market is growing strongly on the back of a consumer boom. Sales rose 56% y-o-y in the first half of 2006 to 11,346 units. The level of registrations fell in... 2006-07-19