Industry Developments

India's largest motorcycle manufacturer by sales, Hero MotoCorp, is set to announce a fourth manufacturing plant to help it stay on top of the domestic two-wheeler market, which is... 2012-03-09

News that three carmakers are planning to return to the South Korean market in 2012 supports BMI's view that the import segment can sustain its double-digit growth and double its volume... 2012-03-08

BMI believes that, if confirmed, reports of a production joint venture (JV) between Tata Motors-owned Jaguar Land Rover (JLR) and Chinese carmaker Chery Automobile, would be well timed... 2012-03-06

The Pakistani auto sector presented a mixed picture as we entered 2012. Looking at data for the first half of FY12 (July-December), new vehicle production was down by just over 15%,... 2012-03-03

Filipino car dealer Autostrada Motore is bringing the Ferrari and Maserati brands to the country, confident that rising incomes will help drive premium car sales in the Philippines... 2012-03-02

German carmaker Daimler has joined forces with Chinese truck manufacturer Beiqi Foton for a US$1bn joint venture (JV), which will begin production in time for a recovery in commercial... 2012-03-01

BMI's view that Thailand will maintain its significance as a regional production hub and continue to attract investment, despite the floods of late 2011, has been further supported... 2012-02-29

Malaysia's International Trade and Industry Ministry has revealed that the latest incarnation of the National Automotive Policy (NAP) will be announced in April 2012, with one of the... 2012-02-28

US carmaker Ford Motor has increased its Chinese production capacity to 600,000 units with the opening its third plant in the country through its joint venture with Changan Automobile... 2012-02-27

New vehicle sales in Vietnam fell by 2% year on year (y-o-y) over 2011 to reach 110,020 completely built units (CBUs). This figure was slightly below BMI's forecast of 118,824 CBUs... 2012-02-24