Investment company RHJ similarly to the Chinese BAIC submitted a detailed offer asking less government guarantees and releasing fewer employees...

At the same time AuTec lost an exclusive license for distribution of the super sports car Nissan GT-R in the Czech Republic which was taken over by company...

Qatar offers EUR 7 billion to the carmaker Porsche. Specifically, Qatar fund should get...

The carmaker is therefore willing to save 10 to 15% on logistics costs and tariffs. After the decision, the production moving should take place till...

According to AEB vice president Martin Jahn, the Russian automotive market needs support from the State and the Government should consider the introduction of...

The delivery time for Fabia is until December at present. These will be three voluntary shifts, on which the carmaker needs some...

Peugeot’s representation in the Netherlands obstructed exports of new cars between 1997 and 2003 to other EU countries. The Court brought the fine of the carmaker PSA down by...

China could thus replace the US this year at the position of the largest car market. A local association CAAM assumes total sales will exceed...

The indebted carmaker GAZ is a part of a syndicate which Opel intends to take over. Russia has already supported other local companies...

The carmaker's sales drop in June was though slighter than in the previous months, and so the management sees the future...

According to Czech car industry the scrap bonus should be introduced on principle. The Chamber of Deputies should be voting on Klaus’ veto in…

Manager, whose career is entirely linked with the brand Ford, will be in Peugeot in charge of...

Compared to Magna, BAIC would dismiss less employees in Europe, ask for a lesser loan and invest in production of Opel cars in...

Results of sales in the last months helped wipe out losses of the segment from the beginning of this year. In H1 number of registered cars...

It has been taken over by the Chinese carmaker Nanjing Automobile in 2006. The opposition believes that the former government supported MG Rover before the elections in order to...

The Italian carmaker will establish a joint venture with local company Guangzhou Automobile Group. The first manufactured model will be...

If employees agree on the termination of the employment by a contract agreement to July 17, they will receive compensation in the amount of...

Passenger car sector grew while other categories fell. Dealers believe the considered scrappage scheme will revitalize market and also...

Although Porsche conducts exclusive investment negotiations with Qatar, there appeared further five candidates. They want to buy...

Including cars in a dismantling state, which the carmaker supplies to the assembly abroad, sales decreased by 14%. The 2H sale could be supported by new models...

The company within the reorganization intends to convert its debts of USD 3.6 billion to a combination of new debts, convertible shares and...

Talks about a higher compensation will continue on Tuesday. If there is no outcome, the strike might begin...

The global market fell by about 18 % in H1. Volkswagen CEO Martin Winterkorn assumes that this year there should be sold in the world...

Commission established by the Ministry of Transport has to compile a report regarding the problem until the end of the year. The result may be an obligation for carmakers...

South Korean exports went down by 18.4% to 83,702 cars whereas sales of cars manufactured in foreign plants grew by...