Trade unions ask for compensation money amounting to EUR 30,000 for each of the 366 employees. The company is a supplier of the carmakers Renault and PSA, which...

Chinese market is now growing thanks to state incentives, and should increase by 20% this year and by 15% next year. Volkswagen and Skoda Auto have further plans there...

Over the whole H1 sales declined by 11% though. June sales went up to the carmaker Skoda Auto by...

Citroen and the used car dealers AAA Auto and Auto Esa already offer their own version of scrappage scheme in the Czech Republic. However, Hyundai’s special offer only applies to…

The carmaker will introduce a sports hybrid car CR-Z to market in February 2010. By the end of next year the carmaker then intends to initiate sale of a small hybrid car...

Summer sales campaign refers to most passenger and some utility vehicles. The biggest customer’s advantage is a combination with financing...

The reason is initiation of production of a new model which should begin in...

Investment company RHJ similarly to the Chinese BAIC submitted a detailed offer asking less government guarantees and releasing fewer employees...

Hyundai plans to produce about 160,000 cars in Nosovice this year. A new model Kia No 3 will help it too; its production will start in…

At the same time AuTec lost an exclusive license for distribution of the super sports car Nissan GT-R in the Czech Republic which was taken over by company...

Registrations decreased by 15.7% compared to the May decline of 24.8%. For the first time since November 2007, the demand from private individuals increased by...

Qatar offers EUR 7 billion to the carmaker Porsche. Specifically, Qatar fund should get...

The carmaker is therefore willing to save 10 to 15% on logistics costs and tariffs. After the decision, the production moving should take place till...

According to AEB vice president Martin Jahn, the Russian automotive market needs support from the State and the Government should consider the introduction of...

The delivery time for Fabia is until December at present. These will be three voluntary shifts, on which the carmaker needs some...

Since April 1, 30,000 motorists asked for the bonus when replacing car. However, the government is not planning to extend it because...

A new carmaker wants to repay state loans earlier, will cut 35% of manager positions, wants to launch models into market faster, and will be selling used cars by means of...

Peugeot’s representation in the Netherlands obstructed exports of new cars between 1997 and 2003 to other EU countries. The Court brought the fine of the carmaker PSA down by...

The authorities have already received almost 1.72 million applications; the total sum is enough for 2 million cars. Therefore the sum of EUR 5 billion will probably run out in...

China could thus replace the US this year at the position of the largest car market. A local association CAAM assumes total sales will exceed...

The indebted carmaker GAZ is a part of a syndicate which Opel intends to take over. Russia has already supported other local companies...

The carmaker's sales drop in June was though slighter than in the previous months, and so the management sees the future...

According to Czech car industry the scrap bonus should be introduced on principle. The Chamber of Deputies should be voting on Klaus’ veto in…

Even due to scrap bonus the sales over all this year could have been higher than last year, according to the Italian government, when in Italy...

His arguments are only economic though. The Car Importers Association argues that an ecologic aspect of the bonus...