Industry Developments

With passenger car sales in the first seven months of this year reaching 100,402 units, down 0.01% from the same period last year, BMI has lowered its forecast for passenger car sales... 2011-12-13

New car sales in Poland continued their recent decline throughout the first 10 months of 2011, down about 7% y-o-y from 2010, according to the European Automobile Manufacturers Association... 2011-12-12

The Estonian new car sales market has witnessed strong growth over the course of 2011, with the most recent data available from AMTEL (the Estonian car sale and service companies association)... 2011-12-07

Hungary's automotive sector continued to gain ground over the first nine months of 2011, reversing the significant decline witnessed over 2010. According to a November 2011 report in... 2011-12-06

BMI has significantly revised down its 2011 Serbian vehicle sales growth forecast to a 12% year-on-year (y-o-y) contraction on the back of the latest industry figures, which suggest... 2011-12-05

The Slovakian motor industry is set to have a relatively positive 2012. BMI forecasts that production growth will slow in 2012 to 4.75% from 6% in 2011, which is a reduction from the... 2011-12-01

Looking at trends so far in 2011, a total of 18,722 new vehicles have been registered in Lithuania over the Jan-Oct period, according to data provided by Regitra, indicating that the... 2011-11-30

A significant weakening in domestic vehicle demand in H2111 has made it difficult for the Ukraine's auto manufacturing segment to maintain the growth momentum seen during H111. Estimates... 2011-11-22

The Turkish autos production segment could be poised for a greater participation from Japanese companies. On one hand, the Japanese government has indicated its intention of cooperating... 2011-11-21

With the local autos market heating up, Russia's AvtoVAZ has joined hands with Kazakhstan-based Asia Auto and Eptic to form a joint venture for the establishment of a vehicle assembly... 2011-11-18