The reason is initiation of production of a new model which should begin in...

Investment company RHJ similarly to the Chinese BAIC submitted a detailed offer asking less government guarantees and releasing fewer employees...

Hyundai plans to produce about 160,000 cars in Nosovice this year. A new model Kia No 3 will help it too; its production will start in…

At the same time AuTec lost an exclusive license for distribution of the super sports car Nissan GT-R in the Czech Republic which was taken over by company...

Registrations decreased by 15.7% compared to the May decline of 24.8%. For the first time since November 2007, the demand from private individuals increased by...

Qatar offers EUR 7 billion to the carmaker Porsche. Specifically, Qatar fund should get...

The carmaker is therefore willing to save 10 to 15% on logistics costs and tariffs. After the decision, the production moving should take place till...

According to AEB vice president Martin Jahn, the Russian automotive market needs support from the State and the Government should consider the introduction of...

The delivery time for Fabia is until December at present. These will be three voluntary shifts, on which the carmaker needs some...

Since April 1, 30,000 motorists asked for the bonus when replacing car. However, the government is not planning to extend it because...

A new carmaker wants to repay state loans earlier, will cut 35% of manager positions, wants to launch models into market faster, and will be selling used cars by means of...

The authorities have already received almost 1.72 million applications; the total sum is enough for 2 million cars. Therefore the sum of EUR 5 billion will probably run out in...

China could thus replace the US this year at the position of the largest car market. A local association CAAM assumes total sales will exceed...

The indebted carmaker GAZ is a part of a syndicate which Opel intends to take over. Russia has already supported other local companies...

The carmaker's sales drop in June was though slighter than in the previous months, and so the management sees the future...

According to Czech car industry the scrap bonus should be introduced on principle. The Chamber of Deputies should be voting on Klaus’ veto in…

Even due to scrap bonus the sales over all this year could have been higher than last year, according to the Italian government, when in Italy...

His arguments are only economic though. The Car Importers Association argues that an ecologic aspect of the bonus...

Manager, whose career is entirely linked with the brand Ford, will be in Peugeot in charge of...

Compared to Magna, BAIC would dismiss less employees in Europe, ask for a lesser loan and invest in production of Opel cars in...

Results of sales in the last months helped wipe out losses of the segment from the beginning of this year. In H1 number of registered cars...

It has been taken over by the Chinese carmaker Nanjing Automobile in 2006. The opposition believes that the former government supported MG Rover before the elections in order to...

The Italian carmaker will establish a joint venture with local company Guangzhou Automobile Group. The first manufactured model will be...

If employees agree on the termination of the employment by a contract agreement to July 17, they will receive compensation in the amount of...

Passenger car sector grew while other categories fell. Dealers believe the considered scrappage scheme will revitalize market and also...