Industry Developments

The strength of private demand continues to boost optimism in the Chilean autos market. New vehicle sales reached a record 372,339 units in 2010, mostly helped by a solid 68% y-o-y... 2011-11-29

Argentina has managed to overtake Mexico in BMI's Risk-Reward Ratings for the autos industry in the Americas this quarter, primarily on the back of continued robust demand from Brazil... 2011-11-28

The ongoing policy of re-elected president Cristina Fernández to force local operations of foreign companies to repatriate their export revenues into Argentina is now being enforced... 2011-11-22

Chrysler will invest US$500mn to expand its Toledo Assembly Complex to accommodate the replacement model for the Jeep Liberty. While the investment is part of a wider US$1.3bn promised... 2011-11-18

An imminent slowdown in Brazilian vehicle demand and a potential loss in exports due to the strengthening of the real are beginning to weigh on carmakers' minds. Total production grew... 2011-11-17

Malaysian carmaker Proton could be looking to replicate the success of Chinese and South Korean carmakers in Chile when the free trade agreement (FTA) between Chile and Malaysia comes... 2011-11-16

British premium carmaker Jaguar Land Rover (JLR) could potentially set up a manufacturing plant in Brazil, the country's trade minister Fernando Pimentel has revealed. BMI believes... 2011-11-08

Mexico has relaxed regulations governing the import of cars between seven to nine years old in a move which BMI believes will further dampen recovery in the new vehicles segment. Despite... 2011-11-07

New product launches by Wuling Motors, Brilliance Jinbei Automobile and Chana Autos in Guatemala highlight the growing influence of Chinese carmakers in the market. BMI believes the... 2011-10-31

The re-elected Argentine President Cristina Fernández de Kirchner has revealed plans to start mass production of an indigenous car model, the Auto Popular Argentino (A!PA), by end-2012.... 2011-10-28