Industry Developments

Japanese truck maker Hino is bidding to tap the opportunities for growth available to foreign companies in Russia's commercial vehicle sector. According to industry sources, Hino... 2008-02-19

Sales for Porsche Romania slowed in the country in January 2008. According to industry sources, the company, which is the official importer of the brands Volkswagen, Audi, Skoda and... 2008-02-13

Russian vehicle maker AvtoVAZ has given its domestic rivals a reason to cheer. The company has reported a 6.2% increase in sales for 2007, taking the number of units sold to a record... 2008-02-11

General Motors (GM) is reaping significant rewards from its participation in the Serbian market. According to industry data, the US carmaker's subsidiaries Opel and Chevrolet sold... 2008-02-07

Russian truck maker KamAZ has earmarked investment of US$1.5bn for development over a four-year period up to 2012. According to company sources, the figure is the minimum amount the... 2008-02-01

Apollo Tyres has unveiled plans to build a manufacturing plant in Hungary. According to industry sources, the Indian carmaker has earmarked EUR300mn for the project, making it the... 2008-01-17

Porsche AG has opened a flagship service centre in Moscow on the back of robust sales in Russia. The German carmaker has invested EUR17mn (US$24mn) in the project, and plans to... 2007-09-21

An increasingly confident Seat is looking to build its business outside of its core Western European markets. After posting strong financial

Toyota is bidding to boost its sales in Russia. Driven by a target of 5% sales growth for both the Toyota and Lexus brands in Europe in 2008, the Japanese carmaker is banking... 2007-09-12

Ford has tabled an offer for a majority share in the troubled former Daewoo plant in Craiova, Romania. According to the Romanian Authority of State Assets Recovery, AVAS, the... 2007-09-10