Preucil had worked for Fiat since the creation of the Czech and Slovak representation in 1992. His successor is still wanted, the position is temporarily...

The reason is a marked downturn of local market and a strong connection of local producers as well. Bosch plans to produce components for…

However production declined in Britain, a share of manufactured cars intended for local market was the highest over the last…

Also extra bonuses related to the carmaker’s performance are a part of the agreement; they could reach up to…

Sales in China were pulled by government bonuses this year which could continue next year, too. A decision on extending the bonuses will be announced by the government…

Sales of new passenger cars and LCVs went down by 13.8% in Q1-3. A number of people are waiting for scrappage scheme whose introduction has been unsure in the meantime…

The results were boosted up by scrap bonuses. The European Central Bank alerts the scrap bonuses will give a boost to automotive industry temporarily only and can delay…

The decision on which of the plants in Solihull or Birmingham will be closed should be taken next year. Production of the new model Range Rover LRX…

Penske has negotiated with the French carmaker Renault on the supplies of cars, car parts and technologies for Saturn, but...

However, Sberbank prefers an industrial partner. Anyway, the bank has the right to sell stake in Opel without consulting with other shareholders...

Wages in the automotive industry are still the highest across the sectors, the average annual income without remuneration reaches...

The government bonus would apply to new cars assembled in Russia. However, there is infrastructure for ecological disposal of car wrecks missing in the country…

The Chinese company will use money acquired by the bonds‘ issue convertible into shares to finance capital expenditures and possible acquisitions. Goldman Sachs might have in Geely a share of…

Nearly 60 cars will be again available to the organizers and VIP guests of the 45th year. Audi is also going to introduce its new generation of limousine...

The carmaker announced an investment of USD 600 million (CZK 10.4 billion) last year and withdrew its intention at the beginning of this year. Construction of the plant will begin…

Carmakers want to be dependent on a lesser number of strong global suppliers and so pressure on establishing supplier alliances can be expected…

The trend of moving the production to home countries in Western Europe has becoming stronger in the last months…

Costs of material constitute the largest part of the price of a product and there are lower wages in Asia as well. The problematic part remains logistics…

Edscha Bohemia has probably been insolvent since May as well as its controlling company Edscha AG. The Czech enterprise is still in operation though and not willing to dismiss…

The model Astra could be assembled in St. Petersburg. Opel could also start cooperating on supplies of parts with Russian carmaker…

GM intends to replace production losses resulting from restructuring its assets this way. The carmaker will thus restore 3,000 work places. The plants are…

The French company though pointed out that the investment would not have to be in the form of cash financial resources. Decision on the amount of Renault’s investment should be taken in…

Revenues of the local carmakers should fall this year though. Jahn expects a stronger revival as late as in the year…

Delphi exited bankruptcy protection as a new company after completing an agreement with its creditors and receiving a promise for loans from…

According to trade unions, a daily production was 240 cars last week whereas this week only 160 cars should be manufactured. The carmaker denied the downturn saying it daily produces…