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FCA, Renault shares drop after merger talks collapse
6.June 2019

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.

Skoda narrows choice for new European car plant
15.March 2019

Skoda is close to choosing the location for a new factory with Serbia emerging as the favorite. Speculation about the plant’s location has been intense since Skoda’s parent, VW Group, said it wanted to build factory in eastern Europe, with Skoda likely to take the lead.

VW brand to cut up to 7,000 jobs
13.March 2019

Volkswagen Group said it will shrink the workforce by up to 7,000 staff, raise productivity and make 5.9 billion euros worth of annual savings at its core VW brand by 2023 in a bid to raise the brand’s operating margin to 6 percent.

 

News

FCA, Renault shares drop after merger talks collapse
6.June 2019

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.

Fiat Chrysler withdraws Renault merger offer
6.June 2019

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.

Seat chystá šest elektromobilů a hybridů
27.March 2019

Seat představil svou elektrickou strategii, která bude do roku 2021 zahrnovat šest elektrických a plug-in hybridních modelů. Elektrická verze Mii a elektromobil el-Born se stanou prvními elektricky poháněnými modely značky.

Skoda narrows choice for new European car plant
15.March 2019

Skoda is close to choosing the location for a new factory with Serbia emerging as the favorite. Speculation about the plant’s location has been intense since Skoda’s parent, VW Group, said it wanted to build factory in eastern Europe, with Skoda likely to take the lead.

VW brand to cut up to 7,000 jobs
13.March 2019

Volkswagen Group said it will shrink the workforce by up to 7,000 staff, raise productivity and make 5.9 billion euros worth of annual savings at its core VW brand by 2023 in a bid to raise the brand’s operating margin to 6 percent.

German automakers at most risk from Trump tariffs
18.February 2019

The U.S. Commerce Department sent a report on Sunday to President Donald Trump that could unleash steep tariffs on imported cars and auto parts. Profits at German automakers are seen most at risk from tariffs on cars they export to the U.S. from Europe.

Siemens opens battery module factory in Norway
29.January 2019

Together with Norwegian Prime Minister Erna Solberg, Siemens this week opened one of the world’s most advanced and robotic battery module factories in Trondheim, Norway. In the future, 55 battery modules per shift will be assembled every day for the marine and offshore market.

Benzina enters Slovak market
24.January 2019

Benzina, the largest network of filling stations in the Czech Republic, is entering the Slovak market. It plans to open the first filling station in Slovakia in Malacky close to the Slovak-Czech border in the spring of this year.

European sales fall 8%; no sign of rebound
18.December 2018

Volkswagen Group’s Audi and Porsche brands, Renault and Fiat Chrysler Automobiles led an 8.1 percent decline in European sales in November, as the introduction of tougher WLTP emissions tests continued to weigh on demand.

Auto industry reacts to deal on CO2 targets for cars and vans
18.December 2018

The European Automobile Manufacturers’ Association (ACEA) takes note of the final deal on the CO2 regulation for cars and vans, setting targets for the years 2025 and 2030, which was struck by the EU member states and the European Parliament today.