Emerging markets: Latest news and analysis articles

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Vietnam scraps ASEAN tariffs, but imports crash - ANALYSIS

1 March 2018 | Staff reporter

Vietnam has cut import tariffs to zero on completely built-up (CBU) vehicles originating from southeast Asia at the beginning of the year - the third cut in as many years as the country moved to fulfill its commitments under the ASEAN Free Trade Agreement (AFTA).

ANALYSIS - Could Mahindra become India's Jeep?

20 February 2018 | Glenn Brooks

India's third largest vehicle maker by domestic sales volume is steadily moving away from cars, concentrating instead on crossovers and SUVs. The same strategy applies to SsangYong Motor in which it has a majority holding. The firms are also steadily working towards integrating not only powertrains and architectures, but are collaborating on EVs too.

Volkswagen Brazil's virtuous new compact saloon

2 February 2018 | Fernando Calmon

New vehicles are becoming ever more sophisticated and stylish in Brazil.

Great Wall Motor - soon to be selling more SUVs than Jeep?

9 January 2018 | Glenn Brooks

GWM has been surfing the SUV wave in China longer than most. Its Haval H6 for many years challenged the Wuling Hongguang for the title of best selling model and in 2017, the H6 was finally replaced. It finished the year in third place behind SAIC, GM and Wuling's MPV and SAIC Volkswagen's Lavida. Could Great Wall's SUV brand be sinking or will it bounce back?

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AvtoVAZ CEO Nicolas Maure looks to build on recent up-tick

7 June 2017 | Simon Warburton

Russian giant, AvtoVAZ  recently unveiled sales figures which appear to bear out the slightly more optimistic tone struck by the AEB after four years of unrelenting market falls. The market is undoubtedly beset by challenges almost unknown anywhere else as a combination of international economic sanctions and a reliance on commodities have a correlation on consumer behaviour, but a stabilising ruble and exchange rate may see business pick up.

Magna EVP on China’s automotive market, opportunities for growth and Getrag – Q&A

8 March 2016 | Matthew Beecham

Magna International has been steadily growing in Asia since the mid-1990s and today has almost 17,700 employees at 48 manufacturing locations and 26 product development, engineering and sales offices. To find out more about the supplier’s presence and market strengths in Asia, Matthew Beecham met with Frank O’Brien, Executive VP for Magna’s business in Asia while on a visit to Magna’s North American headquarters in Detroit.

Latest news

Russia to grow 12% in 2019 to 1.9m - analyst

23 March 2018 | Simon Warburton

A Russian analyst is estimating the market will grow between 12% and 14% this year to 1.9m car sales as the country's pace of recovery continues to eat away at the deficit of the recent downturn.

Trump's new tariffs come under scrutiny

23 March 2018 | Graeme Roberts

President Trump has moved to impose a wide range of tariffs on Chinese products but pending tariffs on steel and aluminium would now aim them primarily at China.

Volkswagen steps up model and innovation offensive in China

23 March 2018 | Graeme Roberts

The Volkswagen brand said it would strengthen its leading position in China with a stepped up major model and innovation offensive.

Ford and Mahindra sign agreements to co-develop models

22 March 2018 | Dave Leggett

Ford and Mahindra will jointly develop new SUVs and a small electric vehicle as part of several initiatives announced between the two companies.

Thai sales rise 10% in February

22 March 2018 | Staff reporter

Thailand's new vehicle market continued to expand in February, with sales rising by 10.3% to 75,466 units from 68,435 units a year earlier, according to data released by the Federation of Thai Industries (FTI).

Adient/Arvind form JV to manufacture automotive fabrics in India

22 March 2018 | Dave Leggett

Adient (seating specialist) and Arvind, one of the world’s largest textile-to-retail conglomerates, announced the formation of Adient Arvind Automotive Fabrics, a joint venture that will develop, manufacture and sell automotive fabrics in India.

New rules to boost used and new sales in China

21 March 2018 | Staff reporter

The Chinese central government plans to introduce new regulations this year which allow the free trade of used cars between provinces, according to local reports.

Ficosa opens new production centre in Morocco

21 March 2018 | Dave Leggett

Ficosa has established itself in Africa for the first time, opening a new production centre in Rabat (in the Technopolis free zone), Morocco.

Geely more than doubles annual profit

21 March 2018 | Glenn Brooks

Geely Automobile Holdings has announced a 108 per cent surge in net profit for the year to the end of December 2017 with revenue surging by 73 per cent.

MMC hails EVs shipment to Costa Rica

21 March 2018 | Dave Leggett

Mitsubishi Motors Corporation (MMC) has announced a fleet of MMC's EV and PHEV vehicles has been delivered from Japanese Government to the Costa Rican Government. MMC says the delivery forms part of a 'drive to support Costa Rica's emergence as a world leading low-carbon economy.'

Philippine sales fall 3% in February on tax changes

21 March 2018 | Staff reporter

New vehicle sales in the Philippines fell by 3.2% to 26,176 units in February from 27,040 units in the same month of last year, according to member data released jointly by the Chamber of Automotive Manufacturers of the Philippines (CAMPI) and the Truck Manufacturers Association (TMA).

Russia wiser after last downturn but caution urged - Knorr-Bremse

19 March 2018 | Simon Warburton

Knorr-Bremse says lessons have been learned from the former downturn in the Russian automotive sector, but cautions not every recession is the same.

AEB to wait until after Q1 for Russia forecast

19 March 2018 | Simon Warburton

Russia's Association of European Businesses (AEB) says it will wait until after the first quarter before issuing its guideline forecast for this year's sales figures, but remains reasonably optimistic for 2018.

Porsche achieves record 2017 results

19 March 2018 | Graeme Roberts

Porsche said it set new records for deliveries, revenue and operating results in full year 2017 financial year, after delivering 246,375 vehicles (up 4% year on year).

AEB hails Russia figures but urges long-term caution

16 March 2018 | Simon Warburton

Russia's burgeoning passenger and LCV market has "outperformed" expectations says the Association of European Businesses Automotive Manufacturers Committee (AEB AMC), which nonetheless injected a note of caution when viewing the figures.

VW Rus urges Moscow to be market focused for supply chain

15 March 2018 | Simon Warburton

Volkswagen Rus is calling for a more integrated approach to the supply chain as well as a market-centric push from those in government in Moscow as The Kremlin considers its future strategy for the automotive sector.

Renault Russia convinces Algeria of component quality

15 March 2018 | Simon Warburton

Renault Russia says it has won the battle to win the confidence of a major North African market as the export arena becomes increasingly important.

Volkswagen quietly admits to China export plans

14 March 2018 | Glenn Brooks

Buried deep in a lengthy media release, the Volkswagen Group has quietly let slip that it has plans to use its giant manufacturing operations in China to commence exports.

BMW sales set February records - again

14 March 2018 | Graeme Roberts

The BMW group has announced new monthly and year to date sales records for February 2018.

Moody's stabilises global auto manufacturing outlooks as economic recovery fuels demand

14 March 2018 | Graeme Roberts

Increased consumer car demand due to improving global economic prospects and a lowering of the rating agency's sales growth requirements for the sector have changed the outlook on the global auto manufacturing industry over the next 12 to 18 months to stable from negative, said Moody's Investors Service in a report published on Wednesday (14 March).

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