Mainly car dealers and distributors and automotive supplier are concerned. In a year-to-year comparison, that is a growth of bankruptcies by…

Now, the Government holds 61% of GM’s stock and 8% of Chrysler’s stock. The Government will offer the stock of the carmakers to investors probably in…

Volvo Auto Czech will continue to be engaged solely in the brand promotion on the market and in the dealer network. The showroom in Pruhonice has been sold to a new dealer…

The reason is scrap bonus introduced in many European countries. Fiat plant in Tychy will, therefore, significantly increase production in August and take...

However, that was rejected by the trade union IG Metall which has half of all votes in a supervisory board. By Wiedeking’s contract, he could have asked for up to…

The company wants to prevent from negative credit ratings. Volkswagen plans to acquire a 50% share in Porsche first and to buy out the rest in the year…

By means of the web pages, the car can be compiled, ordered and an advance payment can be paid. A customer will then take the car at a dealer. By the end of 2009…

Similarly to Ford electric cars, Avia cars are also named after prominent physicists. For transformation to electric cars, Avia annually supplies…

This step picks up on reduction of after hours and introducing a four-day work week. The company’s number of orders for spare parts declined…

Conditions of the program have been established by the government so that sales of local carmakers would be helped too. The amount earmarked for the scrap bonus will run for…

The transaction will according to the EC not interfere with the competition in the European Union, as Chrysler generates 90% of its turnover in North America. Moreover, the carmaker...

The Ministry of Defence plans to buy some cars to the property, some for operating leasing. The contract value is about...

Totally, there were 410,710 cars manufactured in the country during H1. In June, the downturn slowed down to…

It plans to enrol 70 workers during August and it does not exclude further recruitment through participation in tenders. Q3 will be in comparison with Q2 weaker, for the whole year 2010 the company estimates...

South Korean carmaker Hyundai Motor increased net profit by 48% in Q2. The company at the same time predicted that overall sales of cars in the USA would fall this year to...

Employment discrimination was not confirmed during the inspection though. The company has appealed against the fine...

Further on, Qatar should take over 15% of VW’s stock in the first step and after merging with Porsche, the share should reach...

The Chinese company Beijing Automotive Industries Corp. (BAIC), which also proposed the final bid, is thus out of the game...

Wiedeking has struggled for takeover of Volkswagen but is now an obstruction to the planned merger of Porsche and Volkswagen. His successor will be...

BMW sales network in the Czech Republic will grow for a new showroom, which will be built in Liberec by the existing dealer...

The business manager Martin Peleska went to the European headquarters, the head of After Sales department was given another challenge. Their competences have been taken by the current managers...

More than a half of the investments will lead to development of hybrid cars. Roughly one third of the money will be used for...

At the same time, the company will not be dismissing collectively for this period. Within voluntary departures until the end of August, the company offers…

Wednesday’s meeting did not bring any result. Each party prefers a different applicant. The government incline towards Magna and Sberbank’s offer while GM…

The carmaker expects future growth of this market. Volkswagen is expanding dealer network and Skoda sales should this year increase there...