Industry Developments

The Mexican Ministry of Environment and Natural Resources (SEMARNAT) has introduced new maximum limits on vehicle emissions, which came into effect from January 5 2012. Although BMI... 2012-01-06

A favourable consumer profile and improved availability of vehicle financing helped new car sales in Peru grow by a robust 24% year-on-year (y-o-y) between January and November 2011,... 2012-01-04

The automotive parts segment in Venezuela is taking a hit from slackening domestic autos production in the country. According to estimates from the Venezuelan Chamber of Automotive... 2012-01-03

After the expected 10% year-on-year (y-o-y) growth in the Argentine parts segment in 2011, the country's auto parts trade group Afac expects the segment's growth in 2012 to slow down.... 2011-12-23

The increase in default rates on cars, motorcycles and trucks from 3.1% in October 2010 to 4.7% during the same month in 2011 (according to estimates from Banco do Brasil) and continued... 2011-12-21

We expected passenger car sales to end 2011 down by around 2% and results for November and the first 11 months combined are in line with this view. Passenger car sales rose 1.5% y-o-y... 2011-12-21

General Motors Company (GM) has announced investment of CAD68mn for its assembly plant in Oshawa, Ontario, which has become one of the major beneficiaries of the carmaker's North American... 2011-12-20

Robust local demand and government regulations are pushing motorcycle production in Argentina to record levels of nearly 450,000 units in 2011, up 18.4% compared with 2010 (according... 2011-12-19

The stage is set for nearly 10% growth in total vehicle sales in 2011 and for just over 7% growth in 2012, limited by the sluggish US economy. For private consumption and vehicle sales... 2011-12-16

In line with BMI's core view that carmakers will form partnerships to develop new technologies and materials in order to meet new regulations, General Motors Company (GM) has joined... 2011-12-09