Industry Developments

US automotive manufacturer General Motors (GM)'s European subsidiary, GM Europe (GME), has launched its first wholly owned manufacturing plant in Russia with the aim of offsetting... 2008-11-10

Italian automotive manufacturer Fiat has indicated that the carmaker may be looking to expand production with Russian manufacturer OJSC Sollers (formerly known as Severstal). The... 2008-11-07

Estonian automotive dealer Info-Auto has reported an almost 60% year-on-year (y-o-y) fall in its sales for October. The dealer said that it will be looking to maintain this year's... 2008-11-06

Skoda Auto, the Czech subsidiary of German auto manufacturer Volkswagen AG, has revealed plans to cut back on vehicle production in the last two months of this year, in response to... 2008-11-05

Indian tyre manufacturer Apollo Tyres has announced plans to strengthen its presence in Eastern Europe, where it is looking to set up greenfield projects. The tyre manufacturer will... 2008-11-04

South Korean automotive manufacturer Hyundai is currently considering launching mass production of its i30 hatchback in the Czech Republic, three months ahead of its scheduled date.... 2008-10-31

Czech used car dealership AAA Auto Group sold 50,040 cars, posting a 17% year-on-year (y-o-y) increase in the first nine months of this year. Although the dealership started 2008... 2008-10-28

With a stock of more than 100,000 unsold vehicles accumulating over the last two months, Russian auto manufacturer AvtoVAZ is currently negotiating a credit of US$1bn from Russia's... 2008-10-27

Czech-based manufacturer TPCA has announced plans to boost production capacity by 20,000, to 340,000 cars next year. The manufacturer will be concentrating on the production of mini... 2008-10-22

German automotive manufacturer Audi's Hungarian subsidiary, Audi Hungária, has confirmed its plans to increase production to more than 60,000 cars in 2008, against 56,000 units produced... 2008-10-21