Industry Developments

The Guatemalan government has approved a long-awaited tax reform for the local autos industry by replacing the existing Import Duties (DAI) with a First Registration of Vehicles tax... 2012-02-13

One of BMI's core views for 2012 is that the US will become a highly favoured autos production and export base, mostly owing to its favourable currency for exports but also because... 2012-02-10

Renault Trucks has signed a broad agreement with the Argentine Ministry of Industry and Economy which will not only conform with the government's attempts to rebalance the trade deficit... 2012-02-09

The city of Bogota is looking to include electric cars in its taxi fleet in move aimed at boosting its green credentials and as a part of the government's broader aim of reducing dependence... 2012-02-06

Trade secretary Tatiana Prazeres has repeated the Brazilian Ministry of Development, Industry and Foreign Trade's intention to possibly scrap a trade agreement between Brazil and Mexico,... 2012-02-03

Sundecop, a Venezuelan governing body responsible for regulating, supervising and implementing prices in the country, is reportedly reviewing cost structures and plans to come up with... 2012-02-02

When Italy's Fiat acquired bankrupt US carmaker Chrysler in 2009 it was with the intention of turning the company around, but results for 2011 show a resurgent Chrysler bolstering Fiat's... 2012-02-02

The market for automotive plastics in Mexico grew by close to 60% year-on-year (y-o-y), to 177mn units in 2011, making it a market worth US$4bn, according to estimates from the Mexican... 2012-01-31

Peru is showing signs of becoming one of the most promising auto growth markets in Latin America, thanks to impending regulations, free trade agreements with major markets and low vehicle... 2012-01-30

In line with the growing popularity of Chinese carmakers in the region, China's Lifan Industry has entered into a partnership with Uruguay-based Grupo Effa and made Brazil its base... 2012-01-24