Industry Developments

France's Union Technique de l'Automobile du Motocycle et du Cycle (UTAC) has signed a memorandum of understanding (MOU) with Taiwan's Automotive Research & Testing Center (ARTC)... 2012-04-02

Spain's macroeconomic backdrop has soured considerably in the past few months as a result of depressed economic activity and confidence across the eurozone, deteriorating domestic economic... 2012-03-30

Renewed optimism in the vehicles production segment in the UK could be making way for a gradual revival of the local suppliers' segment in the country. Barely a month after Nissan Motors... 2012-03-28

The ongoing truckers' strike in Italy has reportedly reduced vehicle deliveries by as much as 40% during March 2012 and severely crippled production at Fiat's plants in the country.... 2012-03-26

A 19.2% year-on-year (y-o-y) increase in Renault's non-European sales helped the firm more than offset the almost 6% y-o-y fall in vehicle sales in its key European market, helping... 2012-03-23

Increases in fuel duty, road tax and company car tax, as revealed by Chancellor George Osborne in his budget, are likely to further slow down recovery of the new vehicles market. BMI... 2012-03-22

Two months into 2012 and BMI's call of the possible outperforming and underperforming markets in the global autos industry this year is already taking shape . The better-than expected... 2012-03-19

Growing popularity of South Korean carmakers, unavailability of Japanese cars and the Korea-EU FTA have together resulted in a solid 42.8% year-on-year (y-o-y) increase in South Korea's... 2012-03-15

The outperformance of the premium vehicles segment, the company's timely product launches and well-balanced market exposure has resulted in Germany's BMW posting a record EUR68.8bn... 2012-03-09

After a 31% year-on-year (y-o-y) contraction in new car demand, to 141,500 in 2011, the Greek vehicle market stands at less than half of the levels seen in 2007, data from the country's... 2012-03-08