The European Commission has proposed the exemption extension for another three years, namely until 2013. In the Czech Republic, the block exemption caused...

Skoda Auto reduced production by a third, in H2 the fall should be due to the scrap bonus lower. In addition, Hyundai will launch production of its next model, therefore the domestic production will increase by...

The plant in Bela, supplying the Czech and European carmakers, has at the same time changed its name to Tiberina Automotive Bela. The transaction value reached...

Skoda Auto is, however, considering the production shutdown extension for Ukraine in the plant in Vrchlabi after the holiday as well. The reason is...

By this offer, the company responds to the amendment of the Income Tax Act. The customer has the option to manage the time for which the new investments reflect in...

Hundreds of fired employees of the South Korean carmaker SsangYong have occupied a part of the plant today and are attacking interfering policemen with slingshots...

The company reported an operating profit of EUR 38.8 million after a loss of EUR 165 million in Q1. The results were supported by...

France's industry minister has promised to meet labour unions in the plant on Wednesday. Attitude of the main customers Renault and PSA has not changed...

The reason is a downturn of the local market. The drop in Ukraine is being successfully compensated by deliveries to Russia. Lower demand troubles also an assembly plant in…

The bids have been proposed by Magna/Sberbank, RHJ and BAIC. Magna and Sberbank newly require Opel's intangible rights and have also increased the bid...

Daimler intends to invest EUR 800 million in a new production capacity and to create 2,500 jobs. The state help will have the form of...

The share of the total operating leasing rose in the movable assets financing to 28% in Q1. Fleet has been transferred from the ownership to the operating leasing also by Adidas...

That should prevent a big shock on market. According to the French government, the system of scrap bonuses should proceed at all-European level...

It is a y/y decrease of 3.5 of the percentage point. The reason of this development is the introduction of a penalty contribution of uninsured, on which it has been collected...

The investment will go to construction of another hall at a transmission plant and new technologies. Capacity of transmission production will thus move up to...

The shareholders of the new VW-Porsche group would be families Piech and Porsche, Lower Saxony and Qatar. Porsche employees do not like it and threaten...

RHJ’s offer assumes that Opel will produce less, so that the number of employees will fall. It should leave the company up to...

Due to this fact, there will be 300 jobs terminated in the UK plant in Halewood. Because of the weak demand for luxury cars the factory will also interrupt its operation...

According to the German press his successor should be decided in the near future. For the present, he might be replaced by...

The reason is strong demand on the local market. The increase of the carmaker’s production will be reached by adjusting shift operation and by signing up new employees…

Production of passenger cars declined by 31% whereas production of commercial vehicles by 57%. Over the whole year 2009 ACEA estimates a downturn by...

The investment amounted to USD 500 million. The plant with annual production capacity of 100,000 cars will be producing...

Trade unions ask for compensation money amounting to EUR 30,000 for each of the 366 employees. The company is a supplier of the carmakers Renault and PSA, which...

Chinese market is now growing thanks to state incentives, and should increase by 20% this year and by 15% next year. Volkswagen and Skoda Auto have further plans there...

Citroen and the used car dealers AAA Auto and Auto Esa already offer their own version of scrappage scheme in the Czech Republic. However, Hyundai’s special offer only applies to…