All IHS Markit articles
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Driving into a Russian road block?
Despite economic uncertainty in Russia, analysts expect new vehicle sales to grow further - putting increasing pressure on the nation’s already depleted fleet of car carriers
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CEE auto markets gear up for sustained growth
Sustained growth, a shift from low-cost to high-tech manufacturing, plus an ambition to lead automotive market trends such as electromobility and autonomous driving are now characterising the key economies of Central and Eastern Europe (CEE), delegates heard at the Automotive Logistics Central & Eastern Europe summit in Budapest today (Wednesday ...
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Testing times
The start of September this year marked the point at which all new car registrations in the EU had to comply with the new CO2 emissions test – the Worldwide Harmonised Light Vehicle Test Procedure (WLTP). This laboratory test is designed to introduce more realistic and stricter criteria when assessing ...
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Cracking under sanctions
The re-imposition of sanctions by the US on Iran has dealt a hammer blow to the country’s emerging automotive industry. The threat of retaliation by the US against those whom it deems to have broken those sanctions has, once again, prompted vehicle-makers and logistics companies to pull out of the ...
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Russia: Recovery still down the road
Sales of finished vehicles in Russia rose 11.9% in 2017 over the previous year to reach 1.59m units, according to estimates in early January by the Association of European Businesses (AEB). Russia’s long-awaited recovery began in March and gained momentum throughout the year, peaking in December with monthly sales of ...
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Russian regulation: Get local or get going
The industrial assembly policy that Russia’s government has been pursuing since 2008 initially looked to have played out quite well, encouraging the world’s leading automotive manufacturers to build assembly plants in the country. But after several economic crises, including a sharp devaluation of the rouble in 2014 and subsequent market ...
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Summit report: Indian industry must turn reforms into progress
Discussions at this year’s Automotive Logistics India Summit in Chennai may have sounded remarkably familiar to those who attended the very first conference a decade earlier: infrastructure deficits, underdeveloped connections, a lack of rail transport options, a fragmented logistics market, a highly bureaucratic and unproductive customs regime, and the proliferation ...
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Indian vehicle exports’ share of total production set to fall
Vehicle exports’ share of total production in India is set to decline in coming years as carmakers use their manufacturing capacity to meet local market demand, which is forecast to continue growing at a healthy rate.Puneet Gupta (pictured), associate director for vehicle sales forecast for South Asia at research firm ...
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Indian vehicle sales bounce back post-GST but cess tax hike looms
India’s light vehicle sales have rebounded, following a big drop in June ahead of the implementation of the Goods and Services Tax (GST) on July 1st. Based on wholesale transactions, official Indian sales surged by 16% year-on-year in July to 334,000 units, as dealerships replenished their inventories. The GST is ...