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Business Monitor International

Articles by Business Monitor International

MARKET SNAPSHOT: Mixed prospects in Kenya's vehicle market

17 August 2012

New vehicle dealers in Kenya sold 1,525 units in January-February 2012, compared with 1,775 vehicles sold during the same period of 2011, according to data released by the Kenya Motor Industry Association (KMI), reports Business Monitor International (BMI).

India car market prospects remain bright, in spite of pricing pressuresMARKET SNAPSHOT: Indian vehicle market prospects bright

16 September 2010

India's new vehicle market is facing a number of threats in FY11 (ending March 2011), not least rising raw material costs, which have prompted carmakers to hike their prices, but analysts are confident of short-term prospects.

Prospects for the Brazilian auto industry have improved, helped by tax breaks that have lifted the marketMARKET SNAPSHOT: Companies eye good Brazilian growth prospects

20 May 2010

Competition in Brazil’s automotive industry has never been tougher. With the country hosting the FIFA World Cup in 2014 and the 2016 Olympic Games in Rio De Janeiro, carmakers are attempting to tap into the much anticipated investment boom and increase in economic activity.

MARKET SNAPSHOT: Sluggish demand in Mexico

14 May 2010

Although Mexican autos demand looks set for a positive growth in 2010, any expectation that demand in domestic recovery is likely to be swift will receive a blow, thanks to a number of regulatory and economic factors which will act as a deterrent to growth during the forecast period.

MARKET SNAPSHOT: Good growth prospects for Vietnam car market

12 May 2010

Vietnam's automotive industry rode a rollercoaster in 2009 as increased taxes brought sales down earlier in the year, only for tax cuts on passenger cars to inflate segment sales in the latter months of the year.

MARKET SNAPSHOT: Kuwait's income squeeze to abate and lift car market

19 March 2010

Car sales fell in Kuwait in 2009 to 119,133 units, from 122,623 in 2008, according to Business Monitor International (BMI) as the impact of the international economic crisis was felt in the Gulf state’s economy.

MARKET SNAPSHOT: Malaysia's new National Automotive Policy (NAP)

12 March 2010

Malaysia's automotive industry rallied in the second half of 2009 to exceed forecasts that had already been revised upwards. The Malaysian Automotive Association (MAA) reported total vehicle sales of 536,905 units in 2009, down 2% year-on-year (y-o-y). However, this was a vast improvement on the MAA's initial expectation of 480,000 units, forecast at the beginning of the year, and even surpassed the revised forecast of 500,000 units reported in July, says the BMI.

MARKET SNAPSHOT: Tariffs and taxes key drivers to Vietnam's auto industry

23 November 2009

Changes to the industry's tariff structure have yet again been central to the performance of Vietnam's automotive industry, although the results differ between vehicle segments, according to research undertaken by Business Monitor International (BMI).

MARKET SNAPSHOT: Market growth forecast to return to Egypt

12 November 2009

As elsewhere in the region, the Egyptian auto market was heavily hit by the impact of the global economic recession in the first half of 2009. Sales of vehicles dramatically dropped by just over a third in H109 compared to the same period in 2008, according to research by Business Monitor International (BMI).

MARKET SNAPSHOT: UAE recovery may not be far off

22 July 2009

The United Arab Emirates (UAE) autos market faces a tough 2009 as it feels the impact of the global economic slowdown, according to analysts at Business Monitor International (BMI).

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