The deal will see MarkLines act as LMC Automotive’s exclusive representative in Japan while in return LMC Automotive will contribute data and forecasts to the MarkLines website to add value to its existing services.

‘We are very excited about this new partnership, which will allow LMC Automotive to expand our activities in Japan,’ said Pete Kelly, managing director of LMC Automotive. ‘We look forward to developing our business in Japan with the support of MarkLines.’

MarkLines president & CEO, Makoto Sakai, added: ‘We believe this partnership offers major synergies between our companies and will bring great benefits to our expanding client base by adding value to our website and by giving our customers in the Japanese automotive industry access to a renowned global forecasting organisation.’