The production of car successful in countries with introduced scrap bonus program will be reduced by up to one third. Up to 2,500 jobs are endangered. Sale, revenues and profit this year...

The government of President Hugo Chavez has agreed that it would sell US dollars to the carmaker in order to have money for foreign suppliers of components...

Daimler plans to proceed to shorter working hours in Q4 again. By the end of the year, Porsche plans to suspend production in its factory in...

The branded financing Fiat Group has helped to that situation. Credium is preparing further cooperation with carmakers on the Czech market...

After a long-term operation in Prague and Ostrava and last year’s opening of Opel, Chevrolet and Kia showrooms in Karlovy Vary, it will offer one of its existing brands in...

GM is therefore intending to prevent the Opel technology falling into the Russian hands. The head of GM Europe did not exclude it, according to him it is also possible that the winner will be...

The reason is a bankruptcy of developer of the building, Immo Industry. Hydro is now looking for a new production area in the Czech Republic. It might be clear by the end...

The light trucks Smith Newton with a range of up to 400 km are intended primarily for city delivery service. Avia is also involved in the development of electric buses...

He would therefore follow the British actor John Cleese, American actress Kim Cattrall, the cartoon character Homer Simpson, but also the Czech actor...

They thus save up for buying new cars, their alternation, service and other functional things. The Australian club Supercar…

Asian carmakers and Ford profited from the growth the most due to their efficient models. In September and the following months, analysts and carmakers expect...

Rights for a purchase of 6.96% of the Volkswagen shares are owned by one of Qatar's financial advisors in this transaction, Swiss company...

The office could be restored before recruitment of workers for a third shift in 2011 which should begin with 3,400 employees. Currently, the carmaker employs…

Car sales went up by 7% y/y in France in August; after previous 16-month drops in a row the sales in Spain…

The insurance company wants to achieve it by natural growth and extension of offer of other products. The expansion will proceed in non-life insurance exclusively though…

So far, the German government has been the only one to offer a loan to the new owner. Comprehensive support from these three states should reach the volume...

GM will set up a joint venture with a local carmaker FAW, which is going to integrate two existing FAW plants and one newly built. Moreover, GM is interested in a share in other joint venture...

It will be a small car, whose prototype might be introduced during this year. However, Honda plans to introduce it o the market in...

Trade unions of the carmakers Volkswagen and Porsche, which will become parts of one group according to an agreement concluded in August, would put up with a share…

The battery meets all requirements of the EU directive from 2006 to which they have had an exception so far. The company wants to offer the product worldwide, and will launch it into market…

Earlier, the Czech Republic or Slovakia were being considered as well. However, only some versions will be manufactured in the Izmit-based plant; the carmaker will invest there…

Scrap bonus helped the situation, but financial means for it have been exhausted today. State premium helped the Czech carmakers as well; Skoda Auto is now handling orders from...

Belgian investment company now offers EUR 300 million in cash instead of the original EUR 275 million for 50.1% share in Opel. At the same time, it reduced the guarantee demand...

The cancellation of increased duties will not reportedly contribute to the boosting of the car part import to China, but there would be an easier way to get on the Chinese market for components for...

The company therefore aims to save on transportation and administration. Lisi Automotive Form will build a new production hall in the current area in Cejc near Hodonin using investments...