Reorganization of the company will be supported by its creditors and bondholders. For financing its bankruptcy they will provide an amount...

The Chinese carmaker BAIC, the Belgian investment company RHJ and the Italian carmaker Fiat are among the interested persons in Opel purchase. BAIC should in the coming days...

Sole media service suppliers will be agencies Havas/MPG and OMD. Selection procedures will take place in three European countries...

The carmaker sold there a total of 814,442 cars from January to June. For the whole year 2009 it expects to increase sales by...

Company AuTec Group is now consolidating by the consulting firm NSG Morison. As a part of the restructuring it will take place...

Today's negotiations of the company with trade unions, which were preceded by a protest of about a half of the company's employees, did not bring any particular result. Another negotiation...

The cause is downturn of demand. GM's plant in Sankt Petersburg will cease production for two months. Ford has suspended production in its Russian plant until...

Porsche will offer Qatar either a share in the company, or it will sell options for to further shares purchase in Volkswagen. The starting point can also be...

RHJ International has enhanced its offer. According to sources, the preliminary agreement might be signed...

That is about 40% of all sold used cars. Due to a lower number of kilometres on speedometer the cars are overpriced by...

Work will be voluntary during the holiday. It should be similar with the extraordinary working Saturdays, which are now being negotiated...

The reason is the current economic crisis. Large majority of this year's Autosalon visitors was satisfied with the fair and is about to come next year...

Originally, it has planned its end on June 30. At the same time, it extended the action called citroenovne for other models...

Staff of the Stribro-based plant intends to organize protests before the next round of negotiations with trade unions on Wednesday...

The modernization is reflected in fuel consumption saving and emissions and noise reduction. Production keeps taking place in Mlada Boleslav for models...

First, it will be utility vehicles, later followed by passenger cars. A. Charouz is already agreed on the first car delivery in the Czech Republic, but negotiating with other subjects...

This sale is part of a proposal for the German carmakers’ merger, in which Qatar would play a big part...

For GM is constantly changing conditions; a possibility of reverse stock buyout is not up-to-date anymore. There are reportedly no other clients concerned in Opel…

GM, Ford and Chrysler will according to the study reduce its production capacity by more than 35% by 2012. Other carmakers will increase their production by about 20% to more than...

The problem can be high consumption of the cars Hummer but also insufficient experience of the company Sichuan Tengzhong with car production…

The company posted out a loss for the first time after eight years mainly due to low demand and loss of the carmaker Jaguar Land Rover. These cars launched market…

The carmaker wants to dismiss 500 more people due to a drop of orders by the end of the year and to reach a target number of work places...

Volkswagen plans to gain a 49% share for EUR 3 to 4 billion in Porsche first. Qatar should then buy Porsche options...

According to trade unions it is linked to the moving of part of contracts to Romania. The company has still some work for...

At the same time the plant will dismiss less people this year than suggested earlier. The carmaker also considers prolonging working time or...