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...

According to major carmakers, the current program helped not only to their companies but also to their suppliers, steel producers and...

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...

At the same time, the company Car Trade Pilsen ceased Kia car sale in Plzen. At present, the company offers its showroom for rent...

The company will in the newly built sales and service complex with two showrooms sell also cars of the brand...

Taking only the financing of used cars, the number of concluded contracts and the volume of business decreased in H1 by...

Toyota has 12 authorized dealers with 22 showrooms in the Czech Republic at present. A new showroom has been opened in July by a company...

If the pilot operation is effective, companies will launch the car sale via Internet throughout the United States. Initially, in the GM’s e-shop offer there will be...

According to the German criminologists, 5 to 10% of cars that should be scrapped had been illegally sold abroad. Resellers might therefore come to...

Sale is still promoted by the scrap bonus. Cumulatively, the sale of cars up to 3.5 tonnes has since the beginning of the year increased y/y for the first time in 2009, namely by...

The company plans to reduce working hours to 20 per week from September and monthly wages of the employees are therefore going to fall by...

The reason of this development is the introduction of scrap bonus. However, for the first seven months of this year sales declined by...

It refers to Germany in the first place; smaller markets thus suffer from it. Currently, for some cars, whose waiting time was two months, customers must wait…

The money was received by the carmakers Ford Motor, Chrysler Group and General Motors, which will use it for planned electric cars and hybrids…

Renewal of car fleet in the Czech Republic is not in progress, according to SAP, whereas common renewal in EU is 8 to 10% annually. Scrap bonus should be one of measures only…

After the Brno-based company Renocar another company is about to build a new Mini showroom, namely the current BMW dealer...

The company closed two car centres in Q2—one in the Czech Republic and one in Slovakia. Considering Russia, AAA Auto…

Cheats occur during emission measuring more often than at vehicle testing stations. The central information system proved good but interconnection with…

After the company CSOB Leasing, short financial leasing is now being offered by UniCredit Leasing...