Out of the total, 21,000 will for the US and 5,900 for Canada. The carmaker also intends to discontinue the Pontiac brand and reduce...

The only carmaker’s obstacle in obtaining the state assistance is now the negotiation with creditors. The agreement with Fiat on the assumption of 20% share in Chrysler...

The plant’s building in Russia started in Russian St. Petersburg in last June. The originally planned date of production starting…

Analysts, however, expected the loss lower. Despite the negative results, the company will not further dismiss its employees, but...

Hyundai will thus become the first Czech carmaker which is going to start selling its vehicles in Mexico. The vehicles will be delivered from Nosovice also to...

Another option of saving is limitation of daily working hours by...

They will primarily help with the Fabia model production to which there is a long waiting time due to scrap bonus.

Analysts expected profit in Q1, but significantly lower than in reality reported net profit of...

The US Ministry of Finance has called upon the Chrysler carmaker today to prepare for...

In addition, there are few cars on the market. Customers must watt for some cars for even several months, including the best selling car…

The company expects a gross loss after last year’s profit of EUR 940 million. The world’s car production will, according to Bosch, fall by…

The results were though better than expected by analysts mainly due to the weak won. Profit margin has dropped to…

The closures will be under way from May till July. Their duration will vary according to a particular plant. GM intends to cut production this way by...

Lukoil’s entry to Ceska rafinerska is not possible yet because of the first option of other shareholders...

Fiat might sign a preliminary agreement on purchase of Opel's major share already on...

The protest has been under way during a shareholders‘ meeting. In two factories in Germany and France, there are at risk…

Projects that were supposed to constitute the Karvina-based plant's production have been transferred or remained in other plants manufacturing exhausts of the Faurecia group...

A prospective initiation of scrap bonus in the Czech Republic will have no big positive effect on the economy, according to Svejnar, because...

Fabia models are currently the most required due to the scrap bonus and the carmaker does not want to lose customers because of the long waiting time. In March, the Fabia model’s sales amounted to...

The reason was rapid decline of car sales caused by the global economic crisis. Fiat's revenues have declined by...

About 250 employees should not lose their jobs. The reason for this shift is the impossibility of further expansion; the company should leave Hejnice in...

A new engine will substitute the current aggregate 1.9 dCi (96 kW). Renault thus follows strategy of downsizing...

Besides 1.32 million cars without catalyst older than 15 years, there are other 600,000 cars driving on the Czech roads which only meet the standard...

Globus will be offering household insurance, car insurance and travel insurance in special booths in its stores. The partner will be...

To get the scrap bonus, motorists will have to scrap a car older than 10 years. The British Government has allocated for the scrap bonus...