Industry Developments

Chinese carmaker Geely is bidding to sell over 1,000 vehicles this year on the Romanian car market, according to company sources cited in sectors of the local press.

Czech carmaker Skoda is planning to expand its plant in Mlada Boleslav, located in the Czech Republic's Central Bohemian region, according to sectors of the European press.

Volvo is examining plans to build another plant in Russia. The Swedish truck maker already has a facility in Zelenograd, which has an annual capacity of 500 units. Strong demand on... 2007-06-01

Renault is stepping up its game in Russia given the success the carmaker has already achieved in this emerging market and the potential for growth still remaining. Renault has announced... 2007-05-30

Suzuki is reportedly planning to invest HUF50bn (EUR199.78mn) in order to expand production at its factory in Esztergom, Hungary.

Having failed to win control of Chrysler, Canadian automotive supplier, Magna International, is moving ahead with plans to establish a joint venture in Russia with AvtoVAZ to build... 2007-05-22

BMI's latest Serbia Automotive Report envisages a turnaround in the Serbian automotive industry, with national carmaker Zastava commencing production of Fiat's Punto model in June... 2007-05-22

Romania has so far avoided the post-accession slump in car sales experienced in other new EU member states, but the European Commission's challenge to the country's taxation on used... 2007-05-18

First quarter automotive sales suggest that the Ukraine's double-digit automotive growth figures will be sustained in 2007, with foreign brands set to increase their market share,... 2007-05-17

The European Commission has approved state aid from the Czech Republic to South Korean carmaker