Industry Developments

Provisional figures (excluding sales figures from the local BMW and Mercedes-Benz dealerships) released by the Association des Concessionaires Automobiles d'Algerie (ACAA) show that... 2011-02-03

IKCO has announced details of the production plans for its second 'national car', the Runna. BMI believes this falls into the company's wider strategy of greater self-sufficiency, which... 2011-02-03

US electric bus manufacturer DesignLine Corp plans to build a production plant in the UAE, as it sees opportunities in the public transport and hospitality industries. BMI believes... 2011-02-02

Carmakers exporting to Tunisia are taking a wait-and-see approach following the deposition of Zein al-Abidine Ben Ali as president.

Egypt's Ministry of Finance is considering a plan by the country's Industrial Development Authority (IDA) to award incentives for local vehicle production. While the IDA sees the proposal... 2011-01-25

A new start-up company has researched the potential for an automotive cluster in Qatar, where it sees the potential to develop industry segments such as component production and alternative... 2011-01-19

Toyota South Africa has announced its biggest ever single investment in Gauteng, with plans to spend ZAR363mn (US$52.8mn) on a new parts warehouse and distribution facility. According... 2011-01-18

Robust economic growth in Kenya, which boosted some of the country's key industries, including agriculture, construction and transportation, resulted in record demand for some truck... 2011-01-17

The news that Iraq was General Motors Company (GM)'s fastest growing market in the Middle East in 2010, coupled with a number of new investment projects by foreign carmakers, suggest... 2011-01-13

Continental is expecting nearly a 10% y-o-y increase in its revenue this year on the back of a 5% to 10% y-o-y increase in global vehicle sales. While Continental's 2010 revenue of... 2011-01-13