It is therefore trying to keep up with the rapid growth of the local market. Volkswagen will be probably able to double sales in China earlier than in...

The official representation will be announced in the second half of October. Czech partner of the new American carmaker will be...

It is now manufacturing trucks from 6 to 12 tons. Although the economic crisis is now putting the intention off, Avia seeks a partner for this project...

The company has extended its portfolio of offered brands including Saab, Opel, Chevrolet, Fiat, Alfa Romeo and Volvo. New Seat showroom has been opened by Srba Servis in...

Companies in the automotive industry have released 15% of employees for the last year’s time. They are now calling for the scrap bonus introduction, which might be even on commercial vehicles…

It will be 3,300 people, which is compared to the original plans by one-third more. Most of the new employees should work on research and development...

US carmaker has therefore cancelled another partnership after the Italian carmaker Fiat has acquired its 20% stake. Carmakers Hyundai and Mitsubishi sold their shares...

For the first eight months, sales rose by 3.5% y/y. Brands performing the best were...

The exclusive cooperation has been running in the Czech Republic since 2007. Financing of vehicles Fiat, Alfa Romeo and Lancia is successful on the Czech market; penetration reaches...

The largest autumn’s motor show will offer exposures of 753 exhibitors, including 62 carmakers from 30 countries. The event will focus on...

The company has already ceased the sale of Nissan cars and closed a BMW showroom in Letna, Prague 7. Rebranding will be completed in...

At the same time, this newcomer should replace Octavia Tour, whose production is about to expire at the end of 2010. The new car will be manufactured in...

The current showroom in Prague 5 - Smichov is an adaptation of the existing building and its capacity would not be suitable in future. Louwman is now choosing...

The second hall of the transmission operation will have the same capacity as the existing one. This action will require a large part of the planned investment for the next two years...

Previously, there were speculations concerning other names for the new SUV, such as Colorado, Monte or Crossman. Mini Coupe and Mini Cross will get engine…

Stefan Rasche and Jirina Tapsikova, who took over competences of Oliver Schmitt, have remained in the company’s management. Schmitt left abroad to the company...

Constantly strengthening aftermarket and original spare parts segment as well as new orders from carmakers will quickly fill the production capacity of plant...

The company has already won the first client, namely one Central-Bohemian dealer. In the near future, Credium will start cooperation with...

Under the trade mark Lexus Financial Services, there are being offered all the traditional products. Financing will be ensured the company...

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...