It happened at a significantly lower sales volume, at revenues decline by 43.2%. The company aims to post net profit even for this whole year; the plan may be affected...

Subsidiary carmaker Skoda Auto reported an operating profit of EUR 135 million in H1, which means the y/y fall by...

The company posted a net loss of EUR 962 million in H1, which is a y/y downgrade of economic results by…

Four dealers added up in 2008, and one in 2009. The biggest changes go through the eastern Bohemia, where the dealer activities have been ended by companies...

The Italian company has 15 orders for the model already. Micro-Vett plans on expanding its dealer network in Europe in the meantime; newly to the region CEE…

At the same time, it will start to sell Ducato CNG on both markets. First Fiat is going to offer LPG models Grande Punto and Bravo, later also...

Toyota has therefore kept the market’s best position ahead of GM by about 10,000 cars. Toyota production plummeted by more than 40% in H1, decrease in June was lower...

Automotive supplier Magna is now offering EUR 350 million from its own resources and in convertible bonds...

The company dismissed 85 people due to the crisis at the end of the last year. At the beginning of the next year, the company expects a growth of sales and wants to increase the number of employees to…

At the same time, the government expressed worries over liquidating Opel’s plant in Antwerp, which is intended by Magna and RHJ, too. Belgium is said to have offered Opel for modernization of the plant…

Mainly car dealers and distributors and automotive supplier are concerned. In a year-to-year comparison, that is a growth of bankruptcies by…

Now, the Government holds 61% of GM’s stock and 8% of Chrysler’s stock. The Government will offer the stock of the carmakers to investors probably in…

Volvo Auto Czech will continue to be engaged solely in the brand promotion on the market and in the dealer network. The showroom in Pruhonice has been sold to a new dealer…

The reason is scrap bonus introduced in many European countries. Fiat plant in Tychy will, therefore, significantly increase production in August and take...

However, that was rejected by the trade union IG Metall which has half of all votes in a supervisory board. By Wiedeking’s contract, he could have asked for up to…

The company‘s net profit increased by 58% in Q1 of the fiscal year, while analysts expected a similar drop. Tata Motors revenues...

The company wants to prevent from negative credit ratings. Volkswagen plans to acquire a 50% share in Porsche first and to buy out the rest in the year…

By means of the web pages, the car can be compiled, ordered and an advance payment can be paid. A customer will then take the car at a dealer. By the end of 2009…

Similarly to Ford electric cars, Avia cars are also named after prominent physicists. For transformation to electric cars, Avia annually supplies…

This step picks up on reduction of after hours and introducing a four-day work week. The company’s number of orders for spare parts declined…

Conditions of the program have been established by the government so that sales of local carmakers would be helped too. The amount earmarked for the scrap bonus will run for…

However, sales fell by 5% throughout the whole H1. Still, the share on the world’s car market increased from 9.9% (in H1 2008) to...

The transaction will according to the EC not interfere with the competition in the European Union, as Chrysler generates 90% of its turnover in North America. Moreover, the carmaker...

The Ministry of Defence plans to buy some cars to the property, some for operating leasing. The contract value is about...

Totally, there were 410,710 cars manufactured in the country during H1. In June, the downturn slowed down to…