Industry Developments

The Russian auto parts and accessories market seems to be full of activities, thanks to the Russian auto industry which is growing by 25-30% annually. In the presence of the world's... 2008-07-11

The Renault-Nissan US$1bn investment project on electric cars seems to have opened up a number of avenues for the Franco-Japanese alliance. Industry sources revealed that the alliance... 2008-07-09

France's biggest carmaker PSA Peugeot Citroen registered a 4.6% year-on-year (y-o-y) increase in sales to 1,845,000 units in H108, on the back of strong demand for its new models... 2008-07-09

Russian automaker AvtoVAZ has announced a revision of its production for July, in order to meet growing demands. The company's plant will be producing an additional 3,300 cars this... 2008-07-07

Russian car manufacturer TagAZ has more than doubled its output to 45,935 units in the first five months of 2008 in a bid to sell more than 120,000 Hyundai cars this

The Russian auto industry has been an attractive destination for most foreign car manufacturers, with a growth rate of almost 30% annually. However, one of the important features... 2008-06-27

Volkswagen's (VW) subsidiary Skoda is maintaining its dominant position in the Czech Republic. While most of Skoda's production is export oriented, the company occupies almost 47%... 2008-06-20

The growing Russian economy is not only attracting major carmakers, but also component manufacturers to establish manufacturing plants in the country. American automobile component... 2008-06-19

With the aim of strengthening its position in the Russian market, Italian car manufacturing giant Fiat has signed a joint venture (JV) with Russia's Sollers, formerly known as Severstal-Auto.... 2008-06-10

The decline in the North American autos market has prompted not only carmakers but also parts suppliers to consider overseas production. Canadian auto parts maker Magna International... 2008-06-09