Industry Developments

Peruvian banks are looking to increase their penetration in the lucrative vehicle financing market and realise the potential for Peruvian vehicle demand, which BMI forecasts is set... 2012-03-05

The news that Chinese carmaker Anhui Jianghuai Automobile (JAC Motors) plans to start assembly of light trucks in Sinaloa by mid-2012 is yet another sign of the increasing presence... 2012-02-28

US-based General Motors Company (GM) is ramping up its manufacturing presence in Brazil and Argentina, as it chases its target of selling 1.4mn vehicles a year in Latin America by 2015.... 2012-02-27

Burnt by the heavy concentration of its production in Japan, limited scale in its operations and lack of green vehicle technology, Japanese carmaker Mazda Motor has revealed plans to... 2012-02-24

Burnt by the heavy concentration of its production in Japan, limited scale in its operations and lack of green vehicle technology, Japanese carmaker Mazda Motor has revealed plans to... 2012-02-24

Chile's launch of a Special Operations Contract programme - which is primarily aimed at allowing foreign companies to undertake lithium exploration and production - has lured Japanese... 2012-02-23

Venezuelan president Hugo Chavez has revealed that international sanctions imposed on Iran are hurting its locally established autos-producing joint venture Venirauto - 64% of which... 2012-02-22

BMI's long-held view about Mexico being a major outperformer in autos production in the Latin America region is gathering strength following Nissan Motor's and Chrysler's announcements... 2012-02-20

The Brazilian Industrial Development Agency has revealed the government's plans to reduce the import tax for carmakers looking to invest in local assembly plants in the country. The... 2012-02-17

Optimism is high in the autos production segment in Colombia, thanks largely to the improving business and regulatory environment in the country. Renault has launched its locally assembled... 2012-02-15