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BMW puts on China and expects "a very slow" recovery in demand in other countries

German carmaker announced the full recovery of demand and sales growth in China, but predicts difficult times for business in other regions....

Reuters: ThyssenKrupp talks about the involvement of the investor in military shipbuilding

German conglomerate has offered the Italian state company to buy half of his unit for the construction of submarines for the German Navy....

Toyota forecasts a drop in annual profit by 80%

the Largest Japanese automaker says its sales will fall much lower than at the height of the global financial crisis in 2008....

The group "AVTOVAZ" reduced sales of cars three times compared to last year

On its own evaluation of the Company, LADA kept its leading position in market share in the segment of passenger cars and light commercial vehicles....

Tesla has filed a lawsuit against the American authorities, forbade her to resume work in California

may 9, the company Tesla has filed a lawsuit against the authorities of one of districts of California, as they do not allow her to resume work...

Toyota will resume the two plants in Turkey and UK

After the Airbus plant in Broughton, the Toyota plant is one of the largest private sector employers in North Wales....

The European auto Association have adopted a joint plan to resolve coronaries

the Automotive sector the European Union is calling for to stimulate purchases of new cars, to give impetus to economic recovery....

"Bogdan motors" promises to deliver Ivano-Frankivsk in may, 10 buses А70132

"Bogdan motors" is making Herculean efforts to optimize cost and reduce the cost of production in the conditions of the quarantine, said...

Quarantine topple the Ukrainian car market by 50%

Sales of new cars in Ukraine in April fell back to 5-year lows due to quarantine meropriyatiy....

Tesla lowers Model prices 3 China 10%, to obtain subsidies from Beijing

This decline – for the second year: earlier in February, the price of the basic version of the Chinese Model 3 was reduced by 9%....

AVTOVAZ announced the start of online sales of new LADA XRAY Cross Instinct

on 28 April launched a remote sale new special edition LADA XRAY Cross Instinct, equipped with multimedia system "Yandex.Auto". A new...

Germany helped Thyssenkrupp urgent loan in billion euros

ThyssenKrupp has received an emergency loan of about one billion euros from the state of the credit institution for reconstruction (KfW)....

UAZ launches online service for buying cars

a representative of the dealership shall execute the agreement of sale of the vehicle and sends it to the personal email. The last makes an advance...

Boeing will cut 16 000 jobs due to financial problems

Aerospace company of the USA reported a loss of $ 1.7 billion due to problems with Modelo 737 Max and pandemics....

Bosch predicts fall in world car production in 2020 by 20%

the German automotive supplier still in the beginning of the year, said the global auto industry reached its peak production....

ThyssenKrupp starts the restructuring of the springs and stabilizers in Germany

a New business concept suggests a broader automationtion and robotization of production, which will lead to the elimination of about 490 jobs....

Nissan cuts car production in Japan

The automaker has ceased production at its Tochigi plant, north of Tokyo, from early April and plans to suspend production until the end of May....

Skoda resumed production at one of the largest car factories of Europe

the Largest exporter of Czech Republic, Skoda Auto car plant resumed production on Monday after the abolition of rigid quarantine in the country....

"Energomashspetsstal" plans to double the sales in 2020

23 APR 2020 held its annual General shareholders meeting by results of activity of PJSC "Energomashspetsstal" for 2019....

About a thousand workers "Turboatom" will receive a partial unemployment benefit

Despite the quarantine, Kharkov company fully performs its contractual obligations to the customers equipment and intends to comply fully with the...

The closure of auto plants in the U.S. may reduce sales of new cars by 0.9 – 1.5 million units

a Quarantine on an American car can last until mid-may, which will cause a significant decline in sales and will lead to a collapse of demand for...

The manufacturer's profit of Kone elevators has fallen by 10% and it pleased the management and investors

Analysts predicted a much stronger decline in sales of the Finnish company, and therefore after the release of the report of Kone shares jumped...

Volvo and Daimler are uniting to develop hydrogen engines for trucks

the Company plans to produce fuel cell for a car with large carrying capacity....

The new head of Aston Martin decided to concentrate on the production of SUVs

the Company plans to resume production of cars from 27 April....

The European automobile manufacturers Association has adopted guidelines for the renewal of the automotive industry of the EU

as soon As the crisis ends, it is vitally important to both producers and vendors can quickly and simultaneously to organize the work of their...

AVTOVAZ resumed the Assembly lines in Togliatti and in Izhevsk

As the press service of AVTOVAZ, the company is fully prepared to restart with observance of sanitary rules....

Tesla increased its sales in China by 261% during the outbreak of coronavirus

the shares of the American automaker grow again, reflecting the pandemic of the February drop by 20%...

Airbus will cut aircraft production by a third due to coronavirus

Following stable commercial and industrial performance at the beginning of the year, Airbus is currently revising its operating performance...

KAMAZ resumes production machines

KAMAZ is still the main enterprise in the semi-million city of Naberezhnye Chelny, the stop has a negative impact on the socio-economic situation in...

ACEA: the pandemic has hit one million jobs in the automotive industry EU

About half of all employees in the automotive sector, the European Union sent home in connection with the quarantine measures in the EU....

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