Shares in Fiat Chrysler Automobiles and Renault fell sharply in early trading on Thursday after their $35 billion-plus merger plan fell apart only 10 days after being made public, with FCA blaming French politicians.
The French government has a message for automakers and suppliers who are grappling with the swift decline of diesel sales. Finance Minister Bruno Le Maire will meet with industry leaders in early April to discuss ways to save the 12,000 French jobs related to diesel engines and components.
Racing cars and motorcycles will be visible at the Racing Expo (Prague’s PVA Exhinitions). Under one roof will be presented over 100 exhibits from the world of automobile and motorcycle races from November 9-11, 2017. Also the top of the Czech champions from circuits, rally, autocross and rallycross, sprint, drift, motocross or flat-track will meet at the fair.
Most Autodrome will host a series of FIA Central Europe Zone Challenge racing and GT racing and Central Europe Zone formats this week. Training and qualification can be watched on Friday, the races on Saturday 17th and Sunday, June 18th.
Fiat Chrysler CEO Sergio Marchionne rowed back on his search for a merger on Friday, saying the group was not in a position to seek deals and would focus instead on developing its business plan.
The European Commission has found that Volkswagen Group broke consumer laws in 20 European Union countries by cheating on emissions tests, German daily Die Welt reported, citing Commission sources.
Toyota is expanding its development and engineering in Europe to help develop cars better suited to local tastes. The Japanese automaker plans to add a second styling center and expand the engineering capabilities of its r&d center in Belgium.
This year, Czech registrations of new passenger cars increased compared to the period 1-7 / 2015 by 12.50% (from 134,676 units to 151,517 units, ie about 16,841 pieces). But registration in July fell by 12.5%, announced this Wednesday the SDA.
General Motors reported its first quarterly profit in Europe in five years on Thursday, but the automaker warned that currency and market disruptions caused by the UK’s decision to quit the European Union could slash millions from its second-half results in the region.
AUDI AG achieved a new sales record in 2015: Compared with 2014, worldwide deliveries increased by 3.6 percent to around 1,803,250 automobiles.
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