Pub date: 10 Aug 2010 Africa / Algeria Autos Industry Report
In common with most countries, Algeria experienced a poor year for car sales in 2009 (and by extension, imports) owing to the effects of the global economic downturn, although the decline in sales was... Read More
Pub date: 31 Aug 2010 Latin America / Argentina Autos Industry Report
In its latest Argentina report, BMI highlights some of the major internal and external risks that the country’s auto sector faces that we believe will play a dampen on the country’s ability to fully e... Read More
Pub date: 11 Jun 2010 Asia / Australia Autos Industry Report
We expect a 5% rise in new vehicle sales in 2010, to a total of just below 980,000 units. This forecast may appear conservative, given that the first three months of 2010 generated total new vehicle s... Read More
Pub date: 23 Jun 2010 Middle East / Bahrain Autos Industry Report
An economic recovery is under way in Bahrain, which is good news for the auto sector. We believe the economy will post growth of at least 1.5% this year. While the rebounding economy is likely to driv... Read More
Pub date: 5 Aug 2010 Latin America / Brazil Autos Industry Report
Supported by the strength of the private consumption and availability of credit for vehicle purchases, Brazil’s auto industry shifted 1.56mn units during H110 – up 9% year-on-year (y-o-y), and closely... Read More
Pub date: 1 Sep 2010 Europe / Bulgaria Autos Industry Report
The Bulgarian Association of Car Importers has indicated a 42.74% year-on-year (y-o-y) fall in new car sales in Q110, reports the news agency Novinite. According to data provided by the association, n... Read More
Pub date: 6 Jul 2010 North America / Canada Autos Industry Report
The recovery in Canadian vehicle sales recorded in the latter months of 2009 has been sustained into 2010, although the first signs of a slowdown in the rate of growth are evident. Canada's sales for ... Read More
Pub date: 11 Dec 2009 Latin America / Chile Autos Industry Report
The Chilean automotive industry saw robust growth in the three years to 2007, but has since slowed under the impact of external effects. With the pace of growth in the new vehicle market dramatica... Read More
Pub date: 12 Aug 2010 Asia / China Autos Industry Report
BMI 's expectation of a slowdown in the rapid growth of previous years is playing out. Data from the China Automotive Technology & Research Centre (CATRC) show that sales were a shadow of the 34% and ... Read More
Pub date: 11 Dec 2009 Latin America / Colombia Autos Industry Report
New car sales in Colombia averaged only 15,000 units a month in 8M09, taking sales down 21% year-onyear (y-o-y), just-auto.com reported. BMI believes the domestic autos industry has been doubly hi... Read More
Pub date: 10 Nov 2009 Europe / Croatia Autos Industry Report
Croatia’s car market remained reasonably buoyant for 2008 as a whole. This was largely due to strong sales early in the year. Confirmed 11M08 data show a rise in new passenger car sales of 7.7% ye... Read More
Pub date: 27 Aug 2010 Europe / Czech Republic Autos Industry Report
The Czech auto industry continues to be one of the most important in Europe, despite the global economic crisis which has hit the Central European industrial centre particularly hard. In 2009 the econ... Read More
Pub date: 6 Jul 2010 Africa / Egypt Autos Industry Report
The global economic crisis was a blow for Egypt’s auto motive sector, but it was not as badly affected as in many other countries. A significant drop was registered in sales in 2009, to 200,000 units,... Read More
Pub date: 6 Jan 2010 Europe / Estonia Autos Industry Report
The Estonian automotive market has been badly hit by the international financial crisis and domestic economic recession, with sales down 24.8% in 2008 and a further 32.4% fall forecast in 2009, ac... Read More
Pub date: 16 Jun 2010 Europe / France Autos Industry Report
Although the extension of the vehicle scrappage scheme until 2011 has ensured that domestic auto demand does not face a sharp plunge this year, BMI is cautious that the medium- to long-term impact of ... Read More
Pub date: 3 Jun 2010 Europe / Germany Autos Industry Report
Despite significant improvement in the global economic outlook, BMI remains concerned that the operating environment is likely to remain far from easy for European carmakers. Already faced with a much... Read More
Pub date: 17 Jun 2010 Europe / Greece Autos Industry Report
Although the Greek economy outperformed the eurozone's -4.1% y-o-y growth in 2009, BMI forecasts a reversal in 2010, with the Greek economy expected to shrink 2% y-o-y compared with the tepid regional... Read More
Pub date: 29 Jun 2010 Asia / Hong Kong Autos Industry Report
BMI highlights that Hong Kong’s private consumption faces the headwinds of a property market that is likely to decline in H210, which will act as a major dampener on a strong recovery in its auto mark... Read More
Pub date: 27 Aug 2010 Europe / Hungary Autos Industry Report
New car registrations in Hungary fell 28% year-on-year (y-o-y) in June. However, the decrease is less severe than in other months, comparing with declines of over 50% y-o-y nearly every month between ... Read More
Pub date: 13 Aug 2010 Asia / India Autos Industry Report
India's new vehicle market is facing a number of threats in FY11 (ending March 20110, not least rising raw material costs, which have prompted carmakers to hike their prices. Although carmakers will b... Read More
Pub date: 13 Aug 2010 Asia / Indonesia Autos Industry Report
Indonesia's auto sector continues to thrive on domestic demand, with sales in H110 rising 76% year-on year (y-o-y) to 370,208 units, prompting BMI to raise our full-year sales forecast to nearly 680,0... Read More
Pub date: 22 Jun 2010 Middle East / Iran Autos Industry Report
In the face of international sanctions, the Iranian government has prioritised its domestic auto industry. The government has invested in new capacity and the country’s automotive produ ction is reach... Read More
Pub date: 29 Jan 2010 Middle East / Israel Autos Industry Report
Vehicle sales in Israel were down by 21.8% year-on-year (y-o-y) for the 10 months to October 2009, despite a better-than-expected performance in the last month. Data from the Israel Motor Vehicles I... Read More
Pub date: 17 Jun 2010 Europe / Italy Autos Industry Report
Just how far the vehicle scrappage scheme in 2009 had gone towards fuelling demand for passenger cars in Italy last year is evident from the trends in vehicle registration during the first four months... Read More
Pub date: 6 Aug 2010 Asia / Japan Autos Industry Report
Japan's new vehicle sales are in more positive territory in H110, largely thanks to government incentives, which have sustained the momentum generated in the latter months of 2009. For the six months ... Read More
Pub date: 13 Apr 2010 Europe / Uzbekistan Autos Industry Report
The effects of the economic downturn were seen significantly at the beginning of the year with car production and sales plummeting across the regions. In Uzbekistan, US-based General Motors Compa... Read More
Pub date: 22 Jun 2010 Middle East / Kuwait Autos Industry Report
Kuwait’s auto market is growing slowly but steadily in 2010, as economic recovery and renewed confidence gain momentum. Sales took a small dip in 2009 as the impact of the global financial crisis was ... Read More
Pub date: 15 Dec 2009 Europe / Latvia Autos Industry Report
The effects of recession have significantly impacted the automotive industry in Latvia. Sales have fallen sharply – a stark contrast to the growth posted in the years before the global economic cr... Read More
Pub date: 10 Dec 2009 Europe / Lithuania Autos Industry Report
The automotive industry in Lithuania contracted significantly in light of the economic downturn. As lending criteria became more stringent and unemployment figures increased, purchases of new and u... Read More
Pub date: 9 Aug 2010 Asia / Malaysia Autos Industry Report
New vehicle sales in Malaysia rose 20% in H110, which even when factoring in a slowdown in H2 due to base effects in the earlier months, puts the market on track to surpass BMI 's original forecast of... Read More
Pub date: 5 Aug 2010 Latin America / Mexico Autos Industry Report
Mexico has inched nearer to becoming Latin America’s largest vehicle market, Brazil, in BMI ’s Business Environment Rankings for the auto industry in the Americas this quarter, supporting BMI ’s view ... Read More
Pub date: 30 Jun 2010 Africa / Morocco Autos Industry Report
Local production of motor vehicles underwent a decline in 2009, in common with most auto markets around the world, owing to the effects of the global economic downturn on consumer demand. Total output... Read More
Pub date: 9 Jul 2010 Africa / Nigeria Autos Industry Report
Nigeria’s automotive market took a huge knock from the global economic crisis, and while it is recovering, the pace is slow. Domestic sales fell to 16,096 in 2009 from 37,377 in 2008 and 84,389 in 200... Read More
Pub date: 1 Sep 2010 Asia / Pakistan Autos Industry Report
Passenger car sales in Pakistan rose 41.4% year-on-year (y-o-y) in the first nine months of FY09/10, when 86,483 units were shifted. The most recent monthly data (for March 2010) showed total passenge... Read More
Pub date: 10 Nov 2009 Latin America / Peru Autos Industry Report
Peru’s new car market continues to post impressive levels of growth. As BMI highlights in the newly published Peru Automotives Report for 2009, new car sales in the country soared over 80% year-on-... Read More
Pub date: 7 Jul 2010 Asia / Philippines Autos Industry Report
Just how keen Philippines is on becoming a major force in the ASEAN auto sector is evident from the fact that the country's Board of Investment (BoI) has now established a committee to address the exc... Read More
Pub date: 9 Jun 2010 Europe / Poland Autos Industry Report
Auto sales have been rising in Poland, according to preliminary data from the Central Register of Vehicles (CEP). New car sales rose 37.67% month-on-month in March, when 29,606 units were shifted, the... Read More
Pub date: 2 Sep 2010 Global / Middle East Autos Industry Report
There are no comprehensive and reliable vehicle sales and import statistics available for Qatar, which has only a very small car industry, owing to the state’s low population (1.6mn in 2009). However,... Read More
Pub date: 29 Jun 2010 Europe / Romania Autos Industry Report
The Automotive Manufacturers and Importers Association (APIA) in Romania has said that new car sales are not expected to exceed 100,000 units in 2010, owing to a lack of financing. BMI believes Romani... Read More
Pub date: 1 Sep 2010 Europe / Russia Autos Industry Report
Vehicle sales in Russia have been on the rebound thanks to ongoing government support in the form of the scrappage programme. Car sales in June rose 45% year-over-year (y-o-y). Total vehicle sales rea... Read More
Pub date: 29 Jun 2010 Middle East / Saudi Arabia Autos Industry Report
Saudi Arabia’s automotive sector is once again looki ng forward to positive prospects, as the economy picks up from a sharp slowdown in 2009. Momentum is returning, and carmakers continue to increase ... Read More
Pub date: 27 Aug 2010 Europe / Serbia Autos Industry Report
In common with much of the world, Serbia was hit hard by the global financial crisis that began in 2008. As the European recovery gathers pace, the Serbian economy is likely to recover at a similar pa... Read More
Pub date: 25 Aug 2010 Asia / Singapore Autos Industry Report
BMI has revised downwards the forecast for Singapore's 2010 vehicle sales again at the mid-point of the year, as sales of small cars below 1.6-litres are still far below the trend for previous years. ... Read More
Pub date: 1 Sep 2010 Europe / Slovakia Autos Industry Report
Slovakia is in the process of recuperating from the worldwide economic downturn, and latest figures suggest it may mount a more robust recovery than originally forecast. The central bank expects the e... Read More
Pub date: 15 Jan 2010 Europe / Slovenia Autos Industry Report
Slovenia’s automotive sector has been feeling the effects of the domestic and European recession. Sales have fallen considerably, though not as much as in some countries in Europe, and producers ha... Read More
Pub date: 6 Jul 2010 Africa / South Africa Autos Industry Report
After a sharp drop in sales in 2009 in the wake of the global financial crisis and recession, South Africa’s vehicle market is on the up again. In the first five months of the year, sales totalled 195... Read More
Pub date: 9 Jun 2010 Asia / South Korea Autos Industry Report
We have substantially revised upward our expectations of sales growth in South Korea’s auto market in 2010. We now anticipate that domestic vehicles sa les will rise 16% y-o-y during 2010 as a whole, ... Read More
Pub date: 17 Jun 2010 Europe / Spain Autos Industry Report
The Greek debt crisis has raised fears of contag ion effects in Spain alongside Portugal and Ireland, making European carmakers concerned about a dragging recovery in the region's auto demand. On May ... Read More
Pub date: 6 Jul 2010 Asia / Taiwan Autos Industry Report
Taiwan is aiming to become one of the world's top five electric vehicle (EV) producers by offering subsidies to EV manufacturers, supporting research and development (R&D) and setting up recharging st... Read More
Pub date: 10 Jun 2010 Asia / Thailand Autos Industry Report
New vehicles sales in the first three months of 2010 underwent a dramatic recovery, rising 54.8% year- on-year (y-o-y) to a total of 166,802 units, according to Toyota Motor Thailand , which compiles ... Read More
Pub date: 1 Jul 2010 Europe / Turkey Autos Industry Report
Vehicle sales in Turkey reached 103,036 units in Q 110, up 6.82% year-on-year (y-o-y), according to the World Bulletin. This followed strong sales growth in 2009, with Turkey’s car industry avoiding t... Read More
Pub date: 23 Jun 2010 Europe / Ukraine Autos Industry Report
Ukraine’s auto sector has been hit hard by the coun try’s deep recession, but is stabilising in 2010. Sales fell around 74%, to 182,062 units, in 2009, after 687,028 units were shifted in 2008, accord... Read More
Pub date: 17 Jun 2010 Middle East / United Arab Emirates Autos Industry Report
The UAE’s automotive market is showing strong signs of recovery in 2010, after a substantial dip in sales in 2009. A previously burgeoning market was trimmed by the global economic crisis, which had a... Read More
Pub date: 29 Jun 2010 Europe / United Kingdom Autos Industry Report
Just as European carmakers seemed to be settling into a period of improved finance and an upturn in the market, the Greek debt crisis has emerged as a fresh threat to the region's recovery. Although t... Read More
Pub date: 25 Jun 2010 North America / United States Autos Industry Report
While the auto industry in the US is in a much be tter position than at this point in 2009, sales for April showed the first signs of lower growth, which BMI believes will be much more prominent in H2... Read More
Pub date: 3 Jun 2010 Latin America / Venezuela Autos Industry Report
The worst may not be over for Venezuela’s crippled auto industry as BMI expects further production cuts this year, on the top of the 17.4% y-o-y in output in 2009. Estimates from the Venezuelan automo... Read More
Pub date: 4 Aug 2010 Asia / Vietnam Autos Industry Report
Vietnam's new vehicle market is characterised by fluctuating tariffs, which often make it hard to identify sustainable sales patterns. After there was evidence of tariff changes kicking in as sales fo... Read More