They argue that they are environmentally friendly and would create new work places as well. Producers of biofuels also struggle for…

The earmarked assets will be enough for paying 183,736 bonuses only. Nevertheless, number of applications is growing daily…

The Russian government seeks to encourage demand, for example, by subsidizing low-cost car loans, but according to traders...

The company enrols new workers only for a specified period. Although the Czech plant is expecting slump at the end of the year, it intends to enrol next...

Prices of new as well as used cars increased m/m in July. Motorcycles became slightly cheaper, service works and spare parts...

One of the investors has according to the Swedish press withdrawn his previous interest. Moreover, the Koenigsegg Group...

According to analysts, the car sales will continue to grow, mainly thanks to new models and better credit access. Another help should be...

It is caused by government measures for the car sales support around the world. The carmaker has already improved annual sales estimate...

The Qatari state-owned company Qatar Holding will invest in the whole transaction…

Magna submitted a new offer on Thursday which GM is going to compare with an “attractive” proposal presented by RHJ. At the same time, GM denied Thursday’s statement of Magna’s CEO…

The initial offer has been set up for the facelifted models Transit Connect and Tourneo Connect, the carmaker introduced a new design line Fusion Calero and…

The carmaker has thus improved its estimation of sales for this year when it expected a fall by…

However, they end in other countries of Central and Eastern Europe. German criminologist investigation leads to Romania, Bulgaria, Russia, but also to...

Volkswagen CEO Martin Winterkorn became a new Porsche head yesterday and he should also be in the lead of the merged group. The merger should be completed in...

The overall sales of cars including trucks and buses went up by 64%. Demand for new cars was boosted by tax lowering and government support…

The agreement must be approved by management boards of GM and Magna and by trustee members with a controlling share of 65% in Opel after that. However, the competing interested subject RHJ is not out of play yet…

The company’s revenues went down by 45%. Magna was hit by a fierce drop of car production, which fell by 49% in North America and in Europe by…

New complex for CZK 140 million will offer service facilities for brands Skoda, Audi, Volkswagen and Seat. Annually, the company would like to sell...

According to major carmakers, the current program helped not only to their companies but also to their suppliers, steel producers and...

The company will post a net profit compared to steady management expected earlier due to cost-cutting in 2009. Revenues should decline by…

Fiat is about to take over all 1,137 employees of the company, plans its co-operation with the US carmaker Chrysler and in the following three years, it will invest…

On account of accomplishing the aim, Volkswagen requires that its suppliers in Brazil increase capacity and production. Production purchase of the carmaker should grow by…

Negotiations of management with trade unions accompanied by a strike lasted two and a half months. Another South Korean carmaker Hyundai is transferring production abroad due to trade unions…

Originally, the company wanted to open commercial car services within its branches. AAA Auto is already involved in the car service field...

It would like to bring other brands that are not yet presented here to the Czech Republic. At the same time, the company is not against the acquisitions of failing dealers...