Industry Developments

An increasing preference for foreign brands in Russia and the government's offer of duty-free imports into the country - conditional on a minimum 30% local content level - have prompted... 2012-01-16

Russian economic growth, bolstered by high energy prices and the pent-up demand from 2009's drop in vehicle sales, helped fuel a robust 39% year-on-year (y-o-y) growth in new light... 2012-01-13

Croatia's new vehicle sales market has witnessed something of a rebirth in 2011, after two consecutive years of heavy decline. Indeed, after plunging 53.1% year-on-year (y-o-y) in 2009... 2012-01-12

The deal between Serbia and the EU calling for a reduction in custom duties on new imported vehicles from 5% to 2.5%, which came into effect from January 1, is unlikely to bolster consumer... 2012-01-11

New car sales in Hungary ended 2011 up a modest 3.7% year-on-year (y-o-y), at nearly 44,925 units, falling closely in line with BMI's expectations of 3.4% y-o-y growth in the passenger... 2012-01-05

Ukrainian truck manufacturer AvtoKrAZ has made its first foray into East Africa, delivering its first fleet of trucks to Rwanda. The development not only chimes with BMI's long-held... 2012-01-04

The introduction of a new motor vehicle tax (MTV) on January 1 2012 and plans to further overhaul the vehicle tax system in Turkey will distort new vehicle sales in 2012 and put downside... 2011-12-29

A year after being selected as the preferred owner of Russian carmaker IzhAvto, AvtoVAZ has launched a massive production plan at IzhAvto's plant, which BMI believes will further strengthen... 2011-12-22

Automotive production in Turkey looks poised to outperform BMI's expectations of 5% year-on-year (y-o-y) growth in 2011, having registered an impressive 10% y-o-y growth to 1.08mn units... 2011-12-19

Russia's membership of the WTO may turn out to be a game changer for the Russian autos industry on the whole and its competitive landscape in particular. Although there are obvious... 2011-12-14