The reason is a planned initiation of serial production of B-segment MPV, which was named Kia Venga. Launching the model on market and its price…

The company has increased production plan for Q3 by 10,000 cars to 495,000 cars. Its production should thus raise by 18% y/y. In Q4, Ford expects an increase in production by…

Roughly 2,000 employees have already agreed to leave the company in exchange for compensation money. The company produces for the carmaker AvtoVAZ but also for…

Along with it the company will create 80 new work places. The investment relates to an order for a new model of Mercedes-Benz B-Class, which will come into market in…

Koenigsegg will pay a very small amount of money for Saab because it will also take the carmaker’s old debts over. For a fixed period, Saab will share…

The concern turned profit from strong demand in Germany and China mainly; sales in Europe decreased. Its subsidiary Skoda Auto…

The company’s revenues went up by 11.5% in Q2, its profit quadrupled. During all this year, Kia intends to increase sales to…

In the plant, which the carmaker built together with its Chinese partner FAW Group, Audi will be producing the models A4L and Q5. Audi’s production capacity in China will thus grow to…

Moreover, the carmaker has increased the quota of stock cars during the offer. Hyundai had all cars without exception ecologically scrapped…

The company enrols new workers only for a specified period. Although the Czech plant is expecting slump at the end of the year, it intends to enrol next...

One of the investors has according to the Swedish press withdrawn his previous interest. Moreover, the Koenigsegg Group...

It is caused by government measures for the car sales support around the world. The carmaker has already improved annual sales estimate...

The Qatari state-owned company Qatar Holding will invest in the whole transaction…

Magna submitted a new offer on Thursday which GM is going to compare with an “attractive” proposal presented by RHJ. At the same time, GM denied Thursday’s statement of Magna’s CEO…

The initial offer has been set up for the facelifted models Transit Connect and Tourneo Connect, the carmaker introduced a new design line Fusion Calero and…

The carmaker has thus improved its estimation of sales for this year when it expected a fall by…

Volkswagen CEO Martin Winterkorn became a new Porsche head yesterday and he should also be in the lead of the merged group. The merger should be completed in...

The agreement must be approved by management boards of GM and Magna and by trustee members with a controlling share of 65% in Opel after that. However, the competing interested subject RHJ is not out of play yet…

The company’s revenues went down by 45%. Magna was hit by a fierce drop of car production, which fell by 49% in North America and in Europe by…

New complex for CZK 140 million will offer service facilities for brands Skoda, Audi, Volkswagen and Seat. Annually, the company would like to sell...

Fiat is about to take over all 1,137 employees of the company, plans its co-operation with the US carmaker Chrysler and in the following three years, it will invest…

On account of accomplishing the aim, Volkswagen requires that its suppliers in Brazil increase capacity and production. Production purchase of the carmaker should grow by…

Negotiations of management with trade unions accompanied by a strike lasted two and a half months. Another South Korean carmaker Hyundai is transferring production abroad due to trade unions…

Originally, the company wanted to open commercial car services within its branches. AAA Auto is already involved in the car service field...

It would like to bring other brands that are not yet presented here to the Czech Republic. At the same time, the company is not against the acquisitions of failing dealers...