UAE September. Q3 in fast recovery

Emirates Automotive Market Lexus-RC-2015

Emirates Automotive Market reported a fast recovery in the Q3 reducing the annual lost at 15.8%, fueled by private demand and by trading to Africa. The economy is expanding at a moderate pace, but VAT introduction in next January will pull ahead demand in Q4.

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Brazil Outlook 2017. Recession is not over

Brazil Automotive Industry outlook in the 2017 is not yet positive albeit the prolonged crisis. Indeed economic perspective are still negative and the sector has not yet bottomed out. Market recovery from 2018