Industry Developments

A EUR1bn investment from Germany's Daimler into production of a new van at the company's Vitoria plant brings significant boost to autos manufacturing in Spain, which has been struggling... 2011-11-03

With leading economic indicators suggesting that a slowdown in global economic activity has begun to take shape from H211, the effects of this are becoming more prominent in the autos... 2011-11-03

A 2.5% year-on-year (y-o-y) fall in PSA Peugeot Citroën's global sales and a 1.6% y-o-y decline in revenue from its core Automotive Division to EUR9.3bn during Q311 have brought the... 2011-10-27

Pessimism about the global economy and an ancitipated fall in commercial vehicle demand is beginning to weigh on Scania. The truck maker posted a muted 1.6% year-on-year (y-o-y) increase... 2011-10-24

Inergy Automotive Systems, a wholly owned subsidiary of France's Plastic Omnium, has entered into a joint venture with Russia-based Detalstroykonstruktsiya in a deal which will make... 2011-10-20

Germany's Porsche has begun work on a EUR500mn investment towards expanding its Leipzig plant, in what BMI sees as a sign of growing optimism at the luxury brand, which is eventually... 2011-10-19

SEAT, the Spanish division of Germany's Volkswagen, has announced plans to re-enter the Russian market later this year, in a move which will mark the brand's third entry into the market.... 2011-10-10

The autos industry in Greece continues to reel from the precarious state of the Greek economy. New car sales during the first seven months of this year have showing no signs of rebounding,... 2011-10-07

Unimpressive growth in incomes, a tough domestic environment and the uncertainty over the eurozone debt crisis continue to discourage new vehicle sales in Italy. Estimates from the... 2011-10-06

BMI has revised down its vehicle sales forecasts to a more than 15% y-o-y decline in 2011 and expects only a modest 2.6% y-o-y recovery next year. The downgrade comes on the back of... 2011-10-05