EMerging Equity
Auto Production
Venezuela’s Auto Production Tumbles 72.5% In 2014 To Worst On Record
Venezuela’s national automakers organization – Cavenez – says that auto production in the recession-hit nation tumbled 72.5 percent in 2014 to a meager 19,759 units, the worst performance on record, Reuters reported on Saturday. In Venezuela, automakers – alongside private businesses – have been challenged as the government’s currency controls have inhibited them from importing … Continue reading
Automobile Production In Ukraine Tumbles By 43% In 2014 – Ukravtoprom
Last year production of automobiles in Ukraine was reduced by 43% as compared with 2013, the press service of Ukraine’s automaker association, Ukravtoprom, said on Thursday. “Totally, 28,751 motor vehicles were produced in 2014. Production of buses dropped mostly. Only 906 buses were manufactured over the 12 months,” the press service said. The decline in … Continue reading
