Industry Developments

Car dealers in the UAE have reported successful marketing campaigns during Ramadan, as most were aimed at reducing the cost of owning and running a car following new central bank regulations... 2011-09-05

The growth in auto sales in Saudi Arabia has recovered from the slump caused by the 2009 financial crisis and BMI forecast that sales will grow a steady 6.99% year-on-year (y-o-y) in... 2011-09-01

South African firm Imperial Holdings is looking to combine two of its growth business divisions - vehicle sales and financing - to create more growth opportunities. Imperial believes... 2011-08-31

Germany's Volkswagen plans to capture leadership of the overall South African vehicle market as part of its quest to become the global number one by 2018. However, as in many other... 2011-08-30

South Africa's ABSA Bank has announced a new finance package aimed at encouraging purchases of low-emission vehicles. BMI sees this is a positive move for the auto sector, as we have... 2011-08-25

German premium carmaker BMW's new importer in Jordan, Abu Khader Automotive, has reported a first strong half to the year, after opening its first showroom at the end of 2010. The BMW... 2011-08-23

New car imports in Lebanon fell 10.7% in July, taking total sales for the first seven months of the year down 5.5% and marking a distinct turnaround from the 7% growth in Q111. Although... 2011-08-22

Despite the industry's concerns regarding restricted supplies of Japanese vehicles and higher prices resulting from the weakening shilling, Kenyan new vehicle sales were up 10.2% for... 2011-08-18

While not a major vehicle production base, Israel is rapidly gaining a reputation as a hotbed of technological development for the autos industry. The country was one of the first to... 2011-08-16

BMI's view that Chinese companies are moving to tap into the growing demand in Africa has once again been supported by news that Chery Automobile will be the next Chinese carmaker to... 2011-08-15