BAIC is going to acquire a minority stake in Koenigsegg. Koenigsegg should be helped with the financing of Saab’s acquisition by other Chinese carmaker...

It is a delivery of vehicles outside the initially concluded contract from 2006 including 556 cars for CZK 2.6 billion. Moreover, Tatra gave a few cars for free to the Army...

Dealers have been negotiating the cooperation with financial partners individually so far. Avia will offer the branded financing on all markets covered, but...

The new Lexus centre was established by a rebuilding of former Toyota showroom, when the sale of that brand has been moved to…

Magna and Sberbank will acquire a 55% share, Opel employees 10% share and 35% will remain to GM. Magna foresees a strong growth of Opel, especially in...

Hyundai has an annual production capacity of 600,000 cars in China at present, planning to sell 500,000 cars there this year. The new plant will increase capacity to...

In July, there has been a only year's growth in car prices. In August, new cars’ prices as well as used cars’ prices fell in the m/m comparison. Motorcycles, servicing and spare parts...

However, it is clear from the statement of the Geely Automotive CEO that Ford is not offering to sell Volvo now...

The decline reached 58% in July. For the first eight months, the car demand drop in Russia has knocked the local sale by...

Exactly 101 members have been voting for the law, which was the minimum of votes needed. If the government launches the scrap bonus, it will be valid to...

For a period of approximately one month, the company has closed 41 contracts on its basis in a total cost price of...

The company has now enrolled 30 people for the filters’ production in Nova Ves. Constantly enhancing aftermarket and new projects should increase the turnover in 2010 to...

Overall, it has been sold 8.33 million vehicles for the first eight months. China has therefore kept leading before United States, where the sale reached...

For the whole year, the carmaker is however expecting drop. The sale’s fall of the carmakers BMW and Audi was lower than 10 % in August, namely...

Therefore, the company will employ 800 agency staff in Japan, who will increase the number of employees to more than 2,000. Most of them will join the plant which manufactures...

It was a second growth in two months. Ford Focus became the best selling car in August. It has been followed by another Ford model…

The new plant will have production capacity around 250,000 cars per year; the overall capacity of the carmaker in India…

This might increase the plant’s production capacity to 400,000 cars by 2012. Welding shop capacity is going to increase this year already...

Ecological bonus of EUR 200 to 700 for purchase of environmentally friendly cars will be offered after 2010 as well. Since January 1, 2010, scrap bonuses will be lowered to…

Opel and Chevrolet have already had in the Czech and Slovak representation of GM separated teams and individual executives. Steffen Raschig went to Russia; his competences have been taken by two managers...

The first auction of the sales and service complex was unsuccessful when no prospective buyer has accepted the starting price...

There were information last week that GM is not going to sell its German division in order to prevent Opel technology falling into the Russian hands. However, GAZ offers...

When using leasing, it is possible to receive an additional discount up to CZK 50,000. Citroen has also prepared a special offer for commercial vehicles and new product from PSA Finance...

The difference between petrol and diesel is still around CZK 2. According to analysts, prices at petrol stations are going to decrease during the following days, while...

The production of car successful in countries with introduced scrap bonus program will be reduced by up to one third. Up to 2,500 jobs are endangered. Sale, revenues and profit this year...