Industry Developments

New light vehicle sales, comprising passenger cars and light commercial vehicles, in Turkey reached 445,090 units in H111, a 59% year-on-year (y-o-y) increase, according to estimates... 2011-07-28

A better-than-expected rebound in new car sales is leading an overall recovery of Slovakia's auto market. Estimates from the European autos association (ACEA) reveal that while passenger... 2011-07-25

New car sales in Poland continue to fall, with H111 sales growth down 12.3% year-on-year (y-o-y), to 138784 units, according to estimates from the European autos association (ACEA).... 2011-07-21

China's Beijing Automotive Group (BAIC Group) has established a joint venture (JV) with Russia's AMS Auto with the view to undertaking assembly, manufacturing and sales of commercial... 2011-07-20

New passenger car sales in the Baltic states significantly outperformed the rest of the EU, growing 96.5% year-on-year (y-o-y), to 18,126 units, in H111, compared with the 2.1% y-o-y... 2011-07-15

Robust new vehicle sales growth in Russia in H111 has prompted BMI to upgrade its end of year forecast to a rise of nearly 17.5% year-on-year (y-o-y), to 2.33mn units, compared with... 2011-07-12

Ukraine's Interdepartmental Commission for International Trade is to review the impact of increased vehicle trade to and from the country, with the view to determining whether these... 2011-07-07

South Korea's Hyundai Motor has signed a deal with Turkish light commercial vehicle (CV) maker Karsan to jointly produce CVs in the country. Hyundia is planning to step up its presence... 2011-06-28

Japan's Mazda Motor has signed an agreement with the Russian Ministry of Economic Development in a bid to invest US$ 80mn in autos production in the Russian Far East. In what will be... 2011-06-24

Turkey's vehicle exports rose 16% year-on-year (y-o-y), to a value of US$8.54bn, in the first five months of this year, according to the Uludağ Exporters Union of Vehicles... 2011-06-21