Industry Developments

Saudi Arabia's National Industrial Clusters Development Program (NICDP), which aims to develop five industries, including automotives, has attracted the attention of Japanese truck... 2011-10-12

Although total vehicle sales in Kenya rose 8.8% year-on-year (y-o-y) in the first nine months of 2011, not all local distributors are capitalising on the trend. The growth in demand... 2011-10-10

Continental Tire The Americas (CTA) has announced a US$500mn investment project to set up a brand new tyre plant to supply both vehicle manufacturers and after-sales clients in Sumter... 2011-10-07

In line with BMI's view that that there is considerable potential demand for alternative-fuelled vehicles in the Gulf Cooperation Council (GCC) states, US electric vehicle (EV) producer... 2011-10-06

South Korean carmaker Kia Motors is looking to bolster its market share in Nigeria by making its models more accessible through leasing. The company's local distributor, Dana Motors,... 2011-10-05

The Zimbabwean government has agreed to give car loans to civil servants, which BMI believes will not only address the issue of public workers struggling with living costs, but also... 2011-10-04

Turkish vehicle producer BMG has agreed to work with ABG Nigeria to set up a vehicle production plant in Nigeria. After meeting with the Turkish company to discuss technology sharing,... 2011-10-03

Brazil's Systemic Commercial Vehicles is looking to bring more Brazilian-built vehicles to Nigeria, as it recognises similarities in infrastructure and road conditions in the two countries... 2011-09-29

The Syrian government's ban on imports of luxury goods, including vehicles, is likely to be incredibly detrimental to the growth of the autos sector. Introduced to save currency reserves... 2011-09-28

BMI's view that volume car brands are growing in popularity in the markets of the Gulf Cooperation Council (GCC) could be tested by the arrival of a Chinese passenger car. Although... 2011-09-27