Industry Developments

German carmaker Audi has put the brakes on its investment plan in Hungary after the government imposed a 'solidarity' tax on companies operating there. The government has introduced... 2006-10-23

BMI's newly-released Latvia Automotives Report examines the sustained growth in the Latvian car market, which saw automotive sales grow by 42.8% to 19,639 units in 2005, according... 2006-10-19

In terms of both production and sales, Renault dominates the Slovenian automotive sector. Local Renault subsidiary Revoz, Slovenia's sole car manufacturing plant, manufactured 84,749... 2006-10-18

Business Monitor International's (BMI's) Poland Automotives Report examines the rapid growth in Polish automotive production, which comes at a time of falling domestic car sales.... 2006-10-16

Hella KGaA Hueck has opened a new electronics factory in Timisoara, Romania. Hella is a global supplier that produces components and systems for lighting and electronics aimed at... 2006-10-12

Czech truck maker Tatra is set to receive a boost when a new contract with the country's army is concluded. Under the deal, which is expected to be signed within the next few weeks,... 2006-10-10

Leading Russian carmaker Severstal Avto is to commence production of Rexton 4x4 vehicles this week in line with an agreement concluded back in 2004 with the South Korean manufacturer... 2006-10-05

Europe has emerged as a key market for Asian manufacturers seeking to boost their global standing. The world's second biggest carmaker Toyota is banking on a strong performance in... 2006-10-02

The Czech Republic is in ninth place in

The Czech Republic is in ninth place in