Industry Developments

Since the economic crisis and industry downturn, carmakers have been quick to adapt their model range to consumer preferences, with a particular swing towards smaller, more fuel efficient... 2010-07-28

The Iranian government has tried to push the country's two major carmakers a step closer to privatisation by reducing its stake in them, although their sale is unlikely to bring the... 2010-07-26

The acquisition of US electric car producer Phoenix Motorcars by Dubai-based conglomerate Al Yousuf Group, has opened up the possibility of not just domestic vehicle production in the... 2010-07-22

Although General Motors Company (GM) is now down to just four brands, its sales in the Middle East have been boosted by the Cadillac premium brand, which outperformed the regional market... 2010-07-21

A new vehicle tax related to carbon emissions threatens to stymie the recovery in South Africa's vehicle sales, which BMI expects to grow by 16.7% in 2010 after three years of decline.... 2010-07-20

The introduction of new versions of best-selling models has contributed to double-digit growth for BMW Middle East, even in markets where BMI expects overall weak domestic demand. Sales... 2010-07-19

The Iranian government has sold an 18% stake in domestic carmaker Iran Khodro (IKCO) to a consortium of investors, supporting BMI's view that investment from outside the industry will... 2010-07-15

Egypt's largest carmaker Ghabbour Auto (GB Auto) will improve its inventory management and cut costs by investing in a new warehouse and logistics centre. The facilities are expected... 2010-07-14

Good growth prospects in the Middle East and North Africa (MENA), where BMI forecasts vehicle sales rising 6.7% in 2010 and 9.8% in 2011, have attracted Japanese parts maker Denso... 2010-07-13

The Jordanian government's decision to impose a tax on imported hybrid cars is already beginning to manifest itself in reduced customs revenues, which are expected to fall one-third... 2010-07-12