Industry Developments

BMI's Business Environment Ranking for the automotive industry puts Estonia in third place, the highest ranking market in the Baltic region and two places higher than in last quarter's... 2006-07-27

Slovakian automotive sales grew 14.2% y-o-y in the first half of 2006 to 38,886 units, with passenger car sales growing 6.2% and light commercial vehicle sales up 51.3%. Skoda passenger... 2006-07-27

BMI expects a firm GDP growth rate to lend support to future expansion in sales. The strong performance in the first four months of 2006 has led to an upward revision in our sales... 2006-07-27

Latvia's economy continued to expand in Q305 at the record-high rate of 11.4% achieved in Q2. The momentum in the economy is very strong and higher frequency data suggest no let-up... 2006-07-27

Around 6,200 new jobs were created in the Polish automotive sector in Q1 2006, bringing the total to around 150,000, according to the Polska Izba Motoryzacji (Polish Chamber of Automotive... 2006-07-27

The Fiat Group has announced a new joint project with Russian carmaker Severstal Avto to manufacture the Ducato van in Elabuga, Tatarstan.A new 75,000 unit per annum plant will be... 2006-07-26

This month, Uzbekistan carmaker UzDaewoo marks its 10th anniversary, having survived the bankruptcy of Daewoo, the South Korean automotive firm that launched the joint venture with... 2006-07-25

Poland witnessed a surge in automotive production in the first half of 2006, despite a continuing slump in the domestic market. The passenger car segment accounted for 84.5% of total... 2006-07-25

AutoVision, a subsidiary of German carmaker Volkswagen, has opened a EUR5mn factory in Győr, Hungary, situated near an Audi plant.The firm has been supplying Audi with axles... 2006-07-24

Ukraine's ZAZ car plant has secured a US$75mn loan from Russia's MDM bank to invest in expanding its