Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Industry Developments

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Slovakia

Slovakian vehicle exports to China reached EUR1.3bn in 2011, surpassing exports to its traditional European trade partners. BMI believes the growth came on the back of increasing appetite... 2012-03-28


Turkey

The signing of a framework deal on free trade agreement (FTA) between Turkey and South Korea on March 26 2012 is setting up the stage for a significant increase in the presence of South... 2012-03-27


Turkey

The Turkish government is reportedly planning to roll-out tax incentives for fuel efficient cars within the next two years, local news sources have reported, citing Energy Minister... 2012-03-21


China

Germany's Daimler has increased its stake in Russian truck maker Kamaz from 15% to 25% plus one as part of the company's broader strategy to expand its presence in key emerging markets.... 2012-03-20


Slovakia

The remainder of 2012 may well be a challenge for the Slovakian auto industry - and this is largely dependent on economic developments outside of its control. BMI has downgraded its... 2012-03-19


Russia

Ukrainian truck maker AvtoKrAZ is to deliver ten heavy trucks to Azerbaijan-based OJSC Azneftmash by the end of 2012, in a move which falls in line with BMI's long-held view about the... 2012-03-16


Serbia

Canadian parts supplier Magna International has joined the ranks of major international suppliers looking to benefit from the production potential in Serbia by revealing plans to set... 2012-03-14


Hungary

New car sales in Hungary ended 2011 up a modest 3.7% year-on-year (y-o-y), at nearly 44,925 units, falling closely in line with BMI's expectations of 3.4% y-o-y growth in the passenger... 2012-03-13


India

Encouraged by an impressive 34.7% year-on-year (y-o-y) increase in its European sales, to INR8.2bn during the first three quarters of financial year ending March 2012 (FY2011-12), India's... 2012-03-08


Turkey

A downgrade in BMI's forecast for Turkey's 2012 real GDP from 4.5% year-on-year (y-o-y) previously to 1.8%, and a seventh consecutive month of negative vehicle sales growth, has prompted... 2012-03-07

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