Industry Developments

Russian new vehicle sales continue to post robust growth, helped partly by the government-sponsored vehicle scrappage scheme and partly by the strength of economic growth in the country.... 2011-11-14

BMI has significantly revised down its 2011 sales growth forecast to a 12% year-on-year (y-o-y) contraction on the back of the latest industry figures, which suggest that new vehicle... 2011-11-09

The Romanian Ministry of Environment has extended its Rabla, or cash for clunkers, programme to include electric and hybrid cars, a move which is broadly being seen as an attempt to... 2011-11-07

Uzbekistan will receive a severe blow to its export-led autos production, as Ukraine has restricted Uzbek-made vehicle imports to only three vehicles a year for the next three years.... 2011-11-03

In 2010, 4,976 new cars were sold in Latvia, according to data from the Latvian Authorized Automobile Dealers Association (LAADA). This represented a 32.9% increase on the 3,745 new... 2011-11-02

In 2010, 4,976 new cars were sold in Latvia, according to data from the Latvian Authorized Automobile Dealers Association (LAADA). This represented a 32.9% increase on the 3,745 new... 2011-11-02

Italian carmaker Fiat's investment in Serbia is stimulating further investments in the autos industry, particularly in the suppliers' segment. In October 2011, Monaco-based automotive... 2011-10-31

BMI believes Ukraine has achieved a very well balanced compromise in the free trade agreement it signed with the EU. According to the terms of the agreement, Ukraine grants EU carmakers... 2011-10-28

Russia has finally concluded two separate bilateral agreements with the US and the EU on car assembly, which has long been a sticking point in the country's pursuit of WTO membership.... 2011-10-26

Car production in the Czech Republic grew a robust 11.4% year-on-year (y-o-y) to 895,728 units during the first three quarters of 2011, estimates from the country's Automotive Industry... 2011-10-25