GoChinaAuto.com-India largest automaker Maruti Suzuki Motor’s chairman, Bhargava said on 11th March, Japan Nissan Motor and Maruti Suzuki Motor have signed a three-year agreement that from the next year Nissan will buy 35,000 Maruti Suzuki A-Star car...

GoChinaAuto.com: On January 7, 2010, Uruguay president issued a decree to adjust truck import tariffs, in which the import tariffs on trucks (including pickups, light trucks and heavy-duty trucks) will be increased by 7-8% from previous 23%. Car import...

 GoChinaAuto.com-Jan.27th, 2010, According to the paper released by NAAMSA (National Association of Automobile Manufacturers of South Africa), the capital expenditure in automobile manufacturing industry decreased from 3289.9 R million in 2008 to ...

 GoChinaAuto.com-Jan.27th, 2010, according to the report released by MAA (Malaysian Automotive Association),in 2009, Malaysia auto production was 489,269 units, decreasing by 8% y-o-y and the total sales volume was 536,905 units, decreasing by 2% ...

www.GoChinaAuto.com-According to the data released by the Society of Indian Automobile Manufacturers,the totalsales of passenger car reached 1.43 million in 2009, with 19.2 percent more than the 1.20 million sold in 2008,and sales in December surged 40...

Brazil automobile Domestic Sales in 2009ModelDec.2009Dec.2008Growth rate20092008Growth rate(unit)(unit)y-o-y(%)(unit)(unit)y-o-y(%)Total29302619448650.673141240282035011.38PVSedan22264915040148.042474649219327712.83LCV551663345364.9153409347771411.8Sum...

www.gochinaauto.com-According to data released by the association of European Business(AEB), the sales of new passenger cars and light commercial vehicles(LCVs) in Russia decreased 49% in 2009,which was 1.47 million units.All brands suffered in the mar...

SAO PAULO, Jan 5 (Reuters) - Auto sales in Brazil rose to an all-time high in 2009, capping a year when tax breaks and record-low interest rates helped the country's market remain a global bright spot for automakers despite the economic downturn.Sales,...

DETROIT, Jan 13 (Reuters) - Russian vehicle maker GAZ Groupis in contact with "two or three" possible partners for itsprimary operations of heavy vehicle manufacturing, GAZPresident Bo Andersson said on Wednesday. Andersson would not name possible part...

MOSCOW -(Dow Jones)- Russians are likely to buy around 1.6 million new cars in 2010, an improvement of between 5% and 10% from 2009 when the market shrank by half, the head of Ernst & Young's automotive business in Russia said Monday."I expect car sale...

New Delhi: India’s auto industry ended 2009 on a strong note with car and two-wheeler makers reporting robust growth in December sales as increasing economic activity and easy availability of loans prompted buyers to rush to dealerships. December is ...

The next 5 years will be the rising phase for the Indian auto makers that their dominance in the export market is visibly bright. By the way, they would rank along themselves with Hyundai, VW, Honda and Toyota according to report revealed by a survey c...

Saurabh Jaitley Tuesday, October 13, 2009 (New Delhi)The society of Indian automobile manufactures (Siam) on Tuesday released its production, sales and export report. While the passenger vehicles and two and three-wheelers segment registered a positive...

HUA HIN, Thailand (Reuters) - Southeast Asia is gearing up to become a global hub for the production and sale of environmentally friendly cars, a Thai deputy cabinet minister said on Thursday.Trade ministry officials from members of the Association of ...

Published Oct 12, 2009     Poor So-So Pretty Good Good Excellent PoorSo-SoPretty GoodGoodExcellent0 Ratings 0 RatingsJAKARTA, Indonesia — The Indonesian government has announced it will reduce import tariffs on vehicles next y...

SINGAPORE, Oct 15 - China's auto fuel exports will stay high in October and November, helped by refineries running near 90 percent capacity, as winter diesel demand slowly emerges but Asia's gasoline market has slowed, traders said on Thursday.The coun...

KALININGRAD, October 26 (RIA Novosti) - The Russian automaker Avtotor Holding announced on Monday it had launched the assembly of Opel cars in the country's exclave of Kaliningrad, which borders Poland and Lithuania.Avtotor, which rolls out 27 models o...

MOSCOW, Oct 15 (PRIME-TASS) -- Russia's vehicle output fell 63.7% on the year to 506,573 units in January–September, ASM Holding, which monitors the country’s automotive industry, said in a statement Thursday.Of the total, car output fell 6...

Monday, 12 Oct 2009RIA Novosti cited Mr Sergio Marchionne ED of Fiat as saying that Italian auto giant Fiat plans to launch production of off-roaders in Russia.Mr Sergio Marchionne met with Russian Prime Minister Mr Vladimir Putin in Moscow.Mr Vladimir...

TOLYATTI, October 16 (RIA Novosti) - Investment in the production of cars on the Renault platform at AvtoVAZ will reach 240 million euros ($357 mln), a senior executive at Russia's largest carmaker said on Friday.Grigory Khvorostyanov, AvtoVAZ vice pre...

TOGLIATTI, October 19 (RIA Novosti) - Russia's largest car producer, AvtoVAZ, said on Monday it may have to file for bankruptcy due to losses and spiraling debts, but that production will not be halted.Executive vice-president Oleg Lobanov told reporte...

ST. PETERSBURG, October 22 (RIA Novosti) - Russia's Prime Minister Vladimir Putin is set to discuss Italy's Fiat car production in Russia with his Italian counterpart Silvio Berlusconi."The talk is about cooperation with Finmeccanica and Fiat. We will ...

By Amelie Herenstein (AFP) – Oct 20, 2009KALUGA, Russia — Prime Minister Vladimir Putin Tuesday took the wheel of a Volkswagen as he visited a factory run by the German carmaker to promote the future of the embattled Russian auto industry.T...

October 15. 2009 Two years ago, the world's major automakers were scrambling into Russia to take advantage of an oil-fueled boom in demand -- that has since collapsed.Unlike most emerging markets, which dipped during the slowdown but are now recovering...

MOSCOW, October 5 (RIA Novosti) - Russian Prime Minister Vladimir Putin pledged on Monday to save the country's largest carmaker AvtoVAZ from closure.AvtoVAZ posted record losses of 14.2 billion rubles ($447 million) in January-June 2009 against net pr...

MOSCOW, October 12 (RIA Novosti) - Russia's largest automaker AvtoVAZ said on Monday its net loss under International Accounting Standards increased almost 900% to 19.6 billion rubles ($653 million) in January-June from 2 billion rubles (67 million) a ...

MOSCOW, October 15 (RIA Novosti) - Russia's Industry Ministry has concluded that the government should not bail out AvtoVAZ, the country's largest carmaker, a business paper reported on Thursday.The ministry has prepared an expert report on the request...

January 29, 2009Despite global concerns about the impact of the economic recession, Frost & Sullivan predicts that by the end of 2009, the Russian automobile industry will be stable and lucrative. By 2012, it's expected to be the third largest in t...

Posted in   by 86073.com , 01/31At the beginning of the year,a Russia's resolution gave China the automobile to sprinkle trough cold water once more: Gets up from January 12 9 months,russia enhances imports the automobile the customs duty,scope in...

Car import tariffs draw protests in RussiaBy PAUL SONNE Associated PressDecember 20, 2008MOSCOW - Sergei Morozov fears new import tariffs will keep him from buying the car he wants for months. The Kremlin fears Morozov's discontent - and that of thousa...

A top executive of Beijing Automotive Industry Holding Corp (BAIC) said on Tuesday that the automaker would complete the R&D of its first-ever pure electric sedan before the end of this month. "We are currently developing a moderate hybrid for mili...

Cars made by BYD Auto, a foremost Chinese automaker, will run on the roads of Qatar soon after a BYD vehicle model was launched in the gas-rich Arab emirate yesterday.

FAW South American Plan broken

 The automobile industry in the Soviet Union is unique amongst automobile industries in the world. Until the October Revolution, very few Russians could afford cars - the few cars that were around were imported into Russia from other countries, an...

 The Russian car market continues to grow rapidly. Along with China, Russia is the world’s fastest-growing market for passenger cars. Despite the impressive growth throughout the past five years, the 2007 market indicators exceeded those of ...

In 2007, Russia's GDP was $2.076 trillion (est. PPP), the 6th largest in the world, with GDP growing 8.1% from the previous year. Growth was primarily driven by non-traded services and goods for the domestic market, as opposed to oil or mineral extract...

OCTOBER 16, 2009BEIJING (Dow Jones)--General Motors Co. is in discussions with SAIC Motor Corp. (600104.SH), China's largest auto maker by sales volume, on cooperation in India, a person familiar with the matter said Friday. The person said details of ...

September 24th 2009, by James Suggett - Venezuelanalysis.com  An automobile assembly plant in Venezuela (YVKE) Mérida, September 24th 2009 (Venezuelanalysis.com) - The Mitsubishi plant in Anzoategui, Venezuela reopened on Monday following a...

The Executive branch of government postponed for a month the delivery of production plans to assembly plants The restriction in the authorization of foreign currency has severely affected the automotive sector (Photo: AP)Economy The Ministry of Tr...

CARACAS -(Dow Jones)- Venezuela will import 10,000 cars from Argentina before the end of the year that originally were going to be bought from Colombia, a new blow by the administration of President Hugo Chavez against the neighboring country.The Chave...

By Matthew Walter and Daniel CancelSept. 9 (Bloomberg) -- General Motors Co.’s Venezuelan unit lost production of 25,000 vehicles because of a three-month plant shutdown caused by government currency rules, the subsidiary’s president said.&...

Monday 25 May 2009 19.09 BSTIt sounds like a dodgy sales pitch from Arthur Daley: buy a car, drive it out of the showroom and watch its value instantly jump 10%.The fictional wheeler-dealer was known for bending the truth, but in Venezuela he would be ...

The Venezuelan government's intervention in the domestic auto industry has created havoc for both vehicle sales and production this year. The report finds in this Q4-09 Venezuela Autos Report that the introduction of price controls on vehicles could fu...

E.I. DuPont de Nemours' Venezuelan Performance Coatings unit was recently named best supplier in the Andean region--out of a field of 160 suppliers--by General Motors' Andean unit, which comprises operations in Venezuela, Colombia and Ecuador.During th...

From:Dow Jones   August 25, 2009Mitsubishi Motors said Monday it has shuttered a subsidiary's Venezuela plant amid problems with worker discipline and a drop in productivity, adding more woes to the country's discombobulated manufacturing sec...

The Venezuelan government’s intervention in the domestic auto industry has created havoc for both vehicle sales and production this year. BMI finds in this Q409 Venezuela Autos Report that the introduction of price controls on vehicles could furt...

Development of Venezuela automakers The automobile industry was one of Venezuela's largest manufacturing activities outside of petroleum refining and mineral processing. The industry consisted of Venezuelan subsidiaries of various foreign-owned co...

 Venezuela auto industry historyThe automobile industry was one of Venezuela's largest manufacturing activities outside of petroleum refining and mineral processing. The industry consisted of Venezuelan subsidiaries of various foreign-owned compan...

Venezuela remains highly dependent on oil revenues, which account for roughly 90% of export earnings, about 50% of the federal budget revenues, and around 30% of GDP. A nationwide strike between December 2002 and February 2003 had far-reaching economic...

(AFP) – 2 days agoTOKYO — Toyota Motor's new president Akio Toyoda said on Friday he is optimistic about prospects for the ailing global auto industry but warned that the yen's recent surge may delay its recovery.The grandson of the company...

Sep 23, 2009FRANKFURT — Auto industry heavyweight Volkswagen AG expects the global car sector's sales in 2010 to come in at levels similar to this year's, a senior executive said Wednesday.Wolfsburg-based Volkswagen said it delivered 4 million ca...

Private consumption tax cuts have significantly helped the auto industry pull out of slump. Now it is important to continue this upward trend in sales, according to İbrahim Aybar, chairman of the Automotive Distributor's Association. He says a program similar to the EU’s ‘Cash for Clunkers’ can enable the industry to maintain its improving outlook

Rising production to bolster economic growth, Scotia Economics says

by Michael Renner/ May 18, 2009Production of passenger cars and light trucks declined from 70.9 million units in 2007 to 68.1 million in 2008, and the London-based IHS Global Insight Automotive Group expects output to drop dramatically to 59.8 million ...

Car-ownership is a symbol of economic progress and is very high on a consumer’s wish list of products. The face of the Indian automobile market has changed tremendously since the turn of the millennium and will change even further since Nano.

By: Rosane Gomes, Tuesday, May 05, 2009, AutomotiveWorld.comKia Motors de Uruguay (KMU), a company of the Brazilian Gandini Group, signed an agreement with the Uruguayan Nordex for the assembly of the Bongo small truck. The vehicle will be assembled in...

2009-07-24  Chery Automobile Co. has started the Brazil sale of vehicles assembled at its plant in Uruguay.Chery's Tiggo SUV model is now available on the Brazilian market, company spokesman Jin Yibo told Automotive News China.The vehicle is ...

Uruguay is an original Member of the WTO and an active participant in the multilateral trading system.  Uruguay considers the multilateral trading system as a vital guarantor of non-discrimination and the prevention of unilateral trade measures.&n...

Argentine company, Socma, now had a plant in Uruguay's capital Montevideo where Peugeot and Fiat manufactured cars in the 1990s.China's emerging carmaker Chery Automobile Co on Friday said it had agreed with Argentine industrial group Socma SA to assem...

According to Chamber of Uruguay automotive industry, the total sales of passenger car and commercial vehicles reached 20,791 units, increased by 26.7%, and four time of sales in 2003.The popular brands in Uruguay included Chevrolet (4649 units ), Fiat ...

Uruguay economy relies heavily on trade, particularly in agricultural exports, leaving the country particularly vulnerable to slumps in commodity prices and global economic slowdowns. After averaging growth of 5% annually in 1996–1998, in 1999&nd...

MEXICO CITY (Dow Jones)--Mexican auto production and sales continued to fall sharply in August from the year-ago month, although an improvement in U.S. demand limited the decline in exports, an industry group reported Tuesday.The Mexican Auto Industry ...

Falls 31.6% domestic sales with 58.926 new vehicles in August 2009. Accumulate units and a drop of 31.2% in the year. Decreases 34.3% Vehicle production in the eighth month of 2009 to 134.501 units. Falls 39.8% accumulated in the eight months of the ye...

PUEBLA, Mexico -- Management representatives from Volkswagen AG's Mexican subsidiary agreed on Saturday to give workers a small raise, clearing the way to end a strike that has disrupted shipments of Jettas and New Beetles to the United States.Union me...

By Hugh CollinsAug. 5 (Bloomberg) -- Mexico’s auto production will decline 30 percent in 2009 as demand in the U.S. slumps, the president of the Mexican Automobile Industry Association said.“Consumers are postponing buying durable goods,&rd...

MEXICO CITY, July 15 (Xinhua) -- A top official at Mexico's Economy Ministry told media on Wednesday that the nation may bar domestic auto dealer Grupo Salinas Motors (GSM) from importing cars made by China's First Auto Works (FAW).We are in the middle...

By Paul Kiernan, Of DOW JONES NEWSWIRESMEXICO CITY -(Dow Jones)- Mexico's auto production and exports could fall as much as 30% this year amid feeble demand from the U.S. and Europe, the head of the Mexican Auto Industry Association said Monday."It doe...

MEXICO CITY, July 13 (Reuters) - Mexican automobile output slumped by nearly half in June as a recession in the United States crimped demand for new vehicles, hurting hopes for a near-term recovery in Latin America's second largest economy. The Me...

By Michael Coe Wednesday, February 11th 2009With the global economic crisis still dominating headlines following inconclusive results from Davos, I’d like to focus on two effects on Mexico’s economy.One indicator is remittances.  ...

Automotive industry in Mexico began in the year 1903, when the first vehicle was introduced in Mexico City. In 1925, Ford’s decision to set up operations in the country marked the birth of the automotive industry in the country to a certain exten...

One of the largest contributors to the country's economy has been the automotive industry. The industry has gained a strong position globally over the years and is expected to continue its contribution to the national economy. According to Banamex, in ...

History of auto industry developmentMexico's economic liberalization has resulted in unprecedented growth of the Mexican auto and auto-part industry, turning it into a world-class player Its success can be measured both in terms of increased exports an...

Mexico has a free market mixed economy, and is firmly established as an upper middle-income country. It is the 11th largest economy in the world as measured in gross domestic product in purchasing power parity. According to the latest information avail...

JULY 17, 2009BOGOTA (Dow Jones)--Colombian vehicle sales at the wholesale level fell 17% in May, compared with the same month in 2008, to 13,377 units, as the global slowdown dissuaded consumers from buying cars.Vehicle sales fell 25%, to 82,855 units ...

21 January 2009Though volume fell 13%, 2008 was the second best year in Colombian auto industry history, with 219,498 sales, 33,536 less than record 2007 when 253,034 units were registered.Sales slumped because the country's growth slowed from 7.5% in ...

Lima, Aug. 07 (ANDINA).- The Colombian automotive sector is exploring Peruvian market as an alternative option as the Colombia-Venezuela diplomatic crisis is expected to affect this industry, said Colmotores, a subsidiary of US General Motors (GM).This...

17 April 2009A month on from the government's announcement of a special interest rate offer on locally assembled vehicles, Colombian new vehicles sales slowed to 15,324 units last month, 302 fewer than in February.Econometría analysts said sales...

BMI has lowered its sales forecast for Colombia in 2009, as reflected in the latest Colombia Automotives Report. While posting positive sales figures for 2008, the global economic crisis is inevitably taking its toll on Colombia’s car industry.Ac...

Upon the approval of the U.S.-Colombia Trade Promotion Agreement, 53 percent of U.S. industrial exports will receive duty-free treatment immediately upon implementation of the agreement. Tariffs on another 23 percent of exports will be eliminated over ...

Three leading OEM international companies have operations in ColombiaThere are three assembly companies in the country: Colmotores, a General Motors subsidiary (US), Sofasa ( Renault) and CCA, a subsidiary of Mazda (Japan).In 2007, these companies focu...

Colombia is the fifth-largest motor vehicle producer in Latin America. The auto industry accounts for 1.3% of GDP and employs approximately 25,000 people in the assembly factories and nearly 1 million persons in the auto parts production.The automotive...

In spite of the difficulties presented by serious internal armed conflict, Colombia's economy grew steadily in the latter part of the twentieth century, with gross domestic product (GDP) increasing at an average rate of over 4% per year between 1970 an...

GM sales slapped 45% in September.October 2 Beijing time, GM published its domestic sales performance that the Auto giant’s local sales in US shrunk 45% on last year. In October 2008 GM sold 284,300 units in US while the number is 155,679 this year. ...

Mon Nov 17, 2008 SANTIAGO, Nov 17 (Reuters) - Automobile sales in Chile fell 13.7 percent in October from a year earlier, according to data released on Monday, a clear sign the global financial crisis has slammed the brakes on domestic consumer spendin...

Published: 12 Nov 2008 SANTIAGO, Nov 12 - After a three-year bonanza, Chile's auto industry expects sales to fall in 2009 under the weight of tighter credit conditions, high interest rates and a stronger dollar amid global financial crisis.Ivan Silva, ...

By Neil Dunlop, For Canwest News ServiceJuly 24, 2009If you squint, parts of Santiago, Chile, look a lot like Toronto -- newish, silvery office buildings, clean gutters, wide, treed avenues and crowds of scrubbed, industrious citizens determinedly plow...

From:Gasgoo.com  October 26, 2007Shanghai. October 26 (Gasgoo.com) - China's homegrown automaker Chery and Great Wall sold 607 vehicles in Chile in September alone, which accounts3 percent Chilean auto market, according to a report from China's Mi...

Chile has signed free trade agreements (FTAs) with a whole network of countries, including an FTA with the United States, which was signed in 2003 and implemented in January 2004. Over the last several years, Chile has signed FTAs with the European Uni...

Although carmakers operating in Chile are facing a tough year in 2009, industry developments already underway point to the underlying strength of the automotive market. For example, Cam, the electric car subsidiary of Spanish company Endesa, is set to ...

 BMI has adjusted its five-year forecast for new car sales in Chile to reflect the impact of the global economic crisis. As we illustrate in the latest Chile Automotives Report for 2009, new vehicle sales fell sharply in Q408 leading us to predict...

After a decade of impressive growth rates, Chile began to experience a moderate economic downturn in 1999, brought on by unfavorable global economic conditions related to the Asian financial crisis, which began in 1997. The economy remained sluggish un...

SEPTEMBER 10, 2009SAO PAULO (Dow Jones)--Striking metal workers put a kink into Brazil's automotive turnaround this week, with the possibility that the strike could continue next week.On Wednesday, thousands of members of the National Metalworkers Unio...

By Jerry White 2 October 2009General Motors announced plans to shut down its Saturn brand after a deal with former racecar driver and Detroit billionaire Roger Penske unexpectedly collapsed Wednesday. The decision will lead to the closure of 350 dealer...

Thu Oct 1, 2009Auto sales jump 19.85 percent in September over August* January-September sales up 5.49 pct over year earlier (Recasts, adds data, tax breaks)SAO PAULO, Brazil, Oct 1 (Reuters) - New automobile sales in Brazil jumped 19.85 percent in Sep...

Oct 1, 2009SAO PAULO -(Dow Jones)- Brazil's new car prices are set to gradually rise starting Thursday as a nearly yearlong tax benefit draws to a close.The industrial production tax, or IPI, was cut by the federal government in December in an effort t...

SAO PAULO (Dow Jones)--Workers at a Volkswagen AG (VLKAY) assembly line in Taubate, Sao Paulo, will return to work on Thursday, the auto maker said late Wednesday.Around 5,000 employees were shut out of the facility by striking metal workers who asked ...

Apr 15, 2009The Brazilian auto sales in March 2009 surged 36.1% against February 2009 on the back of tax incentives announced by the government in December 2008 and improvement in credit market.Fenabrave, National Dealers’ Association, ...

Brazil’s auto sales rose slightly in February thanks to a temporary government tax break that reduces car prices, the National Motor Vehicle Manufacturers Association, Anfavea, said on Monday.Motor vehicle sales for February rose 1% to 199,366 un...

July 20, 2009Shanghai, July 20 (Gasgoo.com) Chinese automaker Chery Auto has recently launched its Tiggo SUV in Campinas, an industrial city in southern Brazil. This is the first Chery vehicle model to sell in Brazil, marking Chery's formal e...

July 19, 2009SAO PAULO (Reuters) -- Renault expects the Brazilian vehicle market, Latin America's largest, to grow about a third to 4 million units by 2014 as household income and Latin America's largest economy recover from a downturn, its managing di...