Retail investment dominates H1 2016register or log in. Colliers International today released its Q2 2016 Market Overview for the Czech Republic. The report covers the...
Porsche invests in Israeli start-up TriEye22. August
Porsche has acquired a minority stake in the Israeli start-up, TriEye. The newly established company has developed a sensor technology for short-wave infrared (SWIR).
Slovakia's car-reliant economy slows16. August
Slovakia’s economy, dominated by automakers including Volkswagen Group, PSA Group, Kia and Jaguar Land Rover, slowed unexpectedly in the second quarter when it expanded by 1.9 percent, down from...
FCA will avoid EU CO2 fines in 201912. August
Fiat Chrysler Automobiles CEO Mike Manley said the automaker will not have to pay fines for failing to comply with tougher European CO2 regulations in 2019 and 2020.
Suzuki posts 46% quarterly profit decline9. August
Suzuki reported a 46 percent fall in first-quarter operating profit, hurt by lower output at home as it improves its inspection systems, and falling demand in India, its biggest...
German sales rise 5% in July 20195. August
New-car sales in Germany rose 4.7 percent in July, boosted by demand at Land Rover, Lexus and BMW. Overall registrations were 332,788 for the month, according to data released...
Ford, BMW execs warn on no-deal Brexit risks1. August
Ford warned on Thursday that the chances of a no-deal Brexit have risen in the last few months as new Prime Minister Boris Johnson ramps up preparations for a...
Ex-Audi CEO Stadler charged over his role in emissions scandal31. July
German prosecutors said on Wednesday they had filed charges against former Audi CEO Rupert Stadler, who is being investigated for his role in Volkswagen Group’s diesel-emissions cheating scandal.
Nissan will cut 12,500 jobs worldwide25. July
Nissan Motor Co. CEO Hiroto Saikawa will slash some 12,500 jobs worldwide as part of new plan to revive the company after reporting a 99 percent plunge in operating...
Ghosn sues Nissan-Mitsubishi for $17M24. July
Carlos Ghosn has launched a court case in the Netherlands against Nissan Motor and Mitsubishi Motors, who ousted him as chairman of their alliance last year on charges of...
Volvo recalls 507,000 vehicles globally23. July
Volvo is recalling 507,000 vehicles worldwide because of a faulty engine component that, in extreme cases, could result in a fire. Volvo said its own investigations have identified that...
Z českého Fordu odešel další manažer22. July
Ford letos mění organizaci pražského importu. Z firmy nedávno odešel další vrcholový manažer a z loňského managementu už ve firmě téměř nikdo nezbyl.
Volkswagen picks Turkey for new factory22. July
Volkswagen Group will build a multi-brand plant in Turkey, according to Automobilwoche, a sister publication of Automotive News Europe.
BMW prepares to pick new CEO18. July
BMW’s supervisory board will discuss new leadership at the automaker’s U.S. plant in Spartanburg, South Carolina, later on Thursday, and is expected to name Oliver Zipse as its new...
European car sales fall 8% in June17. July
European new-car sales fell 7.9 percent in June, with big declines for Nissan, Volvo, Honda and Fiat Chrysler Automobiles.
VW ends Beetle production in Mexico to make room for SUV12. July
Volkswagen rolled the last Beetle off the assembly line on Wednesday, the end of the road for a car that ran from Nazi Germany through hippie counterculture but failed...
VW, Ford deepen ties with deal on EV, AV tech12. July
Volkswagen Group and Ford Motor Co. are expanding their budding alliance to collaborate on development of electric and autonomous vehicles, with the German automaker investing $2.6 billion in cash...
BMW has moved some engine output from UK due to Brexit10. July
BMW has moved some engine output from Britain due to Brexit in a further sign of the decisions companies are having to take to handle uncertainty over the UK’s...
EU regulators to investigate Spanish aid for PSA2. July
EU antitrust regulators opened an investigation on Monday into Spain’s plan to grant 20.7 million euros ($23.4 million) to PSA Group’s plant in the north west of the country,...
Ford to cut about 20% of Europe workforce27. June
Ford will eliminate about 20 percent of the workforce across its European operations in a sweeping overhaul that reflects the challenges facing automakers in the region.
Porsche recalls 340,000 cars due to parking problem26. June
Porsche has to recall almost 340,000 Cayenne and Panamera vehicles due to problems with their automatic transmission, the German company said on Tuesday.
VW, Skoda owners qualify for $23M diesel-cheat compensation, Czech court r20. June
A Prague district court has ruled that a number of Czech owners of Skoda and Volkswagen cars qualify for 533 million crowns ($23.30 million) in compensation linked to VW’s...
Europe car market rises for first time in 9 months19. June
European registrations rose marginally in May, helped by a jump in deliveries in Germany.
FCA, Renault shares drop after merger talks collapse6. June
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,...
Fiat Chrysler withdraws Renault merger offer6. June
Fiat Chrysler withdrew a $35 billion merger offer for France’s Renault, abruptly calling off what would have been a landmark deal to create the world’s third-biggest automaker.