Serbia & Montenegro

A slew of investments from foreign car parts suppliers in Serbia is helping the country emerge as a major automotive production hub in emerging Europe. German supplier Grammer is ramping... 2011-01-21

Continuing with its strategy to attract more foreign investment into its auto industry, the Serbian government has secured EUR12mn from Italian tire maker Daytec to carry out export-oriented... 2010-07-20

Developments in Serbia's auto industry indicate it is becoming increasingly international, which bodes well with the government's overall strategy to increase focus on export demand... 2010-05-17

In what BMI sees as part of the country's attempts to boost local bus production, the Serbian government will launch a scheme to encourage new bus purchases.

South Korean Yura Corporation has bought Serbian electric parts maker Zastava Elektro for EUR3mn, local news source Beta has revealed. BMI sees this as a further example of the Serbian... 2010-04-14

The Serbian government is working on finalising a plan to provide subsidies for hybrid car purchases in the country, local news source EMportal has reported. BMI research shows that... 2010-03-04

News: The import duty on cars imported to Serbia from EU countries has been reduced to 7.5% from 10%, effective from January 1 2010, according to a law on ratifying the Interim Trade... 2010-01-07

Serbia's auto industry has experienced a slump in the wake of the global economic crisis. In line with other markets in Central and Eastern Europe, new car sales in Serbia fell sharply... 2009-11-30

Serbian Fabrika automobila Priboj (FAP) has signed a memorandum of understanding with Dongfeng Motor Corporation to produce and supply trucks for its Chinese counterpart.

News: According to business daily Danas, Italian automaker Fiat has postponed the signing of a final contract with the Serbian government to form a joint venture (JV) company. The... 2009-11-16