Overall they will reach USD 8 billion from a government fund, containing USD 25 billion. Each carmaker will use the money for...

Non-profit organizations and public administration will test them within the pilot projects. Besides the environmental aspects...

The company, which mainly supplies the automotive industry, faced the economic crisis and had to dismiss several hundreds of employees...

Until now, both importers arranged the trainings alone. The new training centre sized 1,100 m2 has been built in...

Firms are also considering production moving abroad, sales of part of the company or merger with another entity. In Q2 contracts fell...

Some production is moving to the Czech Republic, other to a new factory in Ukraine, which began operation...

Seat will be added to Volkswagen, Ford, Audi, Mercedes-Benz and Skoda cars. Tender for 80 cars supply won...

At the same time the carmaker will consider giving sports car manufacturer Porsche a loan, which has reportedly been granted one loan from Volkswagen already...

Production of commercial cars dropped by 73.5% y/y in May; production of all kinds of vehicles shows out a decline...

All by means of the form of fleet management and full service leasing as well. CSOB Leasing also became a provider of operative leasing for Skoda Auto...

There is now a selection procedure for the post under way. To a post of temporary CFO has been nominated...

To a program, which should provide consumers a bonus for exchanging older cars for new models with a lower consumption, will be invested…

BAIC has acquired an approval to look into the German carmaker's accounting. A part of the alliance of Magna and Opel might also become the carmaker...

Fiat needs to reach annual sales of 5.5 million cars in order to survive. The overall sales of Fiat and Chrysler though range only around...

Chrysler will announce resuming production in other plants at the end of June probably. Production in newly resumed plants will proceed…

Sales of exclusive cars went up y/y this year even—by 20 cars per 130 units. However, the situation in Europe is inversed. The reason is...

At the same time the company would like to employ 500 new people by 2012 and to invest in its research centre...

According to specialists from PwC the scrappage scheme gives advantage to some brands and models only, it will affect future sales and contribute to another decline in used car prices...

In the coming years the energy company intends to invest in this sphere about CZK 500 million. Pilot projects are about to start till 2012 in...

An allocation of a USD 5 billion support, in which also the carmakers GM and Chrysler have a share, was initiated in April. Suppliers though asked for a further help...

Fiat acquired the credit under the EIB's European Clean Transport Facility focusing on support...

It started to be built by the new authorized Audi dealer, already the 16th in the Czech Republic. The dealer also obtained a license to service Audi R8 cars. This is a company...

Both sides signed a preliminary agreement and the sale should be concluded by the end of Q3. The agreement supposedly contains...

Financial company therefore entered trailers segment after the cars and trucks segments. It began offering scrap bonus as first in it...

The decline in automotive division was 7% last year. Over this year the group expects the first consolidated loss...