Mainly car dealers and distributors and automotive supplier are concerned. In a year-to-year comparison, that is a growth of bankruptcies by…

Now, the Government holds 61% of GM’s stock and 8% of Chrysler’s stock. The Government will offer the stock of the carmakers to investors probably in…

Volvo Auto Czech will continue to be engaged solely in the brand promotion on the market and in the dealer network. The showroom in Pruhonice has been sold to a new dealer…

The reason is scrap bonus introduced in many European countries. Fiat plant in Tychy will, therefore, significantly increase production in August and take...

However, that was rejected by the trade union IG Metall which has half of all votes in a supervisory board. By Wiedeking’s contract, he could have asked for up to…

The company‘s net profit increased by 58% in Q1 of the fiscal year, while analysts expected a similar drop. Tata Motors revenues...

The company wants to prevent from negative credit ratings. Volkswagen plans to acquire a 50% share in Porsche first and to buy out the rest in the year…

By means of the web pages, the car can be compiled, ordered and an advance payment can be paid. A customer will then take the car at a dealer. By the end of 2009…

Similarly to Ford electric cars, Avia cars are also named after prominent physicists. For transformation to electric cars, Avia annually supplies…

This step picks up on reduction of after hours and introducing a four-day work week. The company’s number of orders for spare parts declined…

Conditions of the program have been established by the government so that sales of local carmakers would be helped too. The amount earmarked for the scrap bonus will run for…

However, sales fell by 5% throughout the whole H1. Still, the share on the world’s car market increased from 9.9% (in H1 2008) to...

In the past seven days petrol Natural 95 became cheaper by 39 hellers on average to CZK 27.96/L, diesel by...

The transaction will according to the EC not interfere with the competition in the European Union, as Chrysler generates 90% of its turnover in North America. Moreover, the carmaker...

The Ministry of Defence plans to buy some cars to the property, some for operating leasing. The contract value is about...

Totally, there were 410,710 cars manufactured in the country during H1. In June, the downturn slowed down to…

The carmaker expects volume of the US car market to amount 10.5 to 11 million cars this year, and in Europe…

Demand for heavy trucks (above 16 tons) declined the most—by 52.4%. Conversely, the smallest drop was recorded within the segment…

It plans to enrol 70 workers during August and it does not exclude further recruitment through participation in tenders. Q3 will be in comparison with Q2 weaker, for the whole year 2010 the company estimates...

South Korean carmaker Hyundai Motor increased net profit by 48% in Q2. The company at the same time predicted that overall sales of cars in the USA would fall this year to...

Employment discrimination was not confirmed during the inspection though. The company has appealed against the fine...

The company has sold around 72% of cars on markets outside the USA. The share on the world’s market amounted to 12% at the end of H1, which represents a decrease of...

Further on, Qatar should take over 15% of VW’s stock in the first step and after merging with Porsche, the share should reach...

They fly less on holiday and rather prefer to travel by car to closer destinations. Therefore, they require bigger cars, especially in categories...

The Chinese company Beijing Automotive Industries Corp. (BAIC), which also proposed the final bid, is thus out of the game...