Venezuela

The outlook in Venezuela's automotive industry remains relatively unchanged, according to

The first vehicles made by the Iranian and Venezuelan joint venture,

In line with other key markets in Latin America, Venezuela's automotive industry is enjoying a surge in both sales and production. In 2006, car sales for the year soared by 50.34%... 2007-03-22

The strict control exercised by Hugo Chávez on national industries is starting to have a direct and detrimental effect on the country's automotive sector. According to press reports,... 2007-03-05

Venezuela's automotive industry has got off to a roaring start in 2007. According to industry data, demand for new cars is such that around 90,000 buyers are waiting for their vehicles... 2007-02-28

In 2006 Venezuela's automotive industry has posted robust results in the key areas of sales and production. Bumper sales, which have been attributed to soaring oil prices, the success... 2006-12-13

Chinese automotive company Chery Automobile and Socma of Argentina have joined forces to create Chery Mercosur, the joint venture set to manufacture and sell vehicles in the Mercosur... 2006-12-06

BMI's revised Business Environment Ranking for the automotive industry sees Venezuela in joint fifth place on a composite score of 36, although its political risk rating is slightly... 2006-12-01

The Venezuelan and Iranian governments have joined forces to open a car plant in Venezuela. For Venezuela, the plan gives the country's president Hugo Chavez the opportunity to lower... 2006-11-29

As the world's fifth largest oil exporter, Venezuela has seen a surge in the number of gas-guzzling SUVs being sold. Venezuelans, who are unperturbed by the massive increases in the... 2006-10-09