Industry Developments

BMI's forecasts for Australian vehicle production have been supported by the news that Toyota Motor has committed to its local production operations beyond 2016. We expect average annual... 2012-02-23

Although passenger car sales growth in Indonesia slowed from a high of 50% in 2010 to 11% in 2011, BMI notes that there are still sub-segments offering growth potential. Moves by leading... 2012-02-22

BMI's view on the outperformance of India's commercial vehicle segment relative the rest of the four-wheeled market is playing out, particularly in the light truck segment. Light commercial... 2012-02-21

Indian carmaker Tata Motors reported a 40.5% year-on-year (y-o-y) increase in its net profit for the third quarter of the current financial year (October-December 2011), but despite... 2012-02-20

The news that Malaysian replacement parts supplier New Hoong Fatt (NHF) is looking to expand beyond its domestic market into the wider ASEAN region owing to the growing number of cars... 2012-02-16

At the opening of a new showroom for General Motors Company's (GM) Chevrolet brand in the Philippines, the president and managing director of local distributor the Covenant Car Company... 2012-02-15

German automotive component supplier Schaeffler has announced investment plans for expansion in India, which the president of its local unit, Anil Shah, calls a 'high-priority market'.... 2012-02-14

The news that General Motors Company (GM) has been given the green light by the Hubei Environmental Protection Bureau for a new US$1.1bn plant supports BMI's view that those companies... 2012-02-13

Germany's Volkswagen (VW) is reportedly reconsidering its abandoned plans to produce cars in Taiwan, following the re-election of incumbent president Ma Ying-jeou who is keen to facilitate... 2012-02-09

BMI has long held the view that Vietnam's new vehicle market is characterised by fluctuating tariffs, which makes it difficult to recognise patterns in sales and project future movement.... 2012-02-08