The bids have been proposed by Magna/Sberbank, RHJ and BAIC. Magna and Sberbank newly require Opel's intangible rights and have also increased the bid...

According to analysts, there is still a space for reducing the prices. It will depend on distribution margins which have been...

Daimler intends to invest EUR 800 million in a new production capacity and to create 2,500 jobs. The state help will have the form of...

The share of the total operating leasing rose in the movable assets financing to 28% in Q1. Fleet has been transferred from the ownership to the operating leasing also by Adidas...

That should prevent a big shock on market. According to the French government, the system of scrap bonuses should proceed at all-European level...

It is a y/y decrease of 3.5 of the percentage point. The reason of this development is the introduction of a penalty contribution of uninsured, on which it has been collected...

Sales of Renault cars dropped by 21.5% but sales of the cheaper Romanian brand Dacia went up by…

The investment will go to construction of another hall at a transmission plant and new technologies. Capacity of transmission production will thus move up to...

The shareholders of the new VW-Porsche group would be families Piech and Porsche, Lower Saxony and Qatar. Porsche employees do not like it and threaten...

RHJ’s offer assumes that Opel will produce less, so that the number of employees will fall. It should leave the company up to...

Due to this fact, there will be 300 jobs terminated in the UK plant in Halewood. Because of the weak demand for luxury cars the factory will also interrupt its operation...

According to the German press his successor should be decided in the near future. For the present, he might be replaced by...

The reason is strong demand on the local market. The increase of the carmaker’s production will be reached by adjusting shift operation and by signing up new employees…

Kladno was the worst for motorcyclists, and thus replaced Most. Conversely, the most safely were driving motorists of passenger cars from…

Production of passenger cars declined by 31% whereas production of commercial vehicles by 57%. Over the whole year 2009 ACEA estimates a downturn by...

The investment amounted to USD 500 million. The plant with annual production capacity of 100,000 cars will be producing...

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…