Latest news of automotive industry.
By the end of 2014 the EU became a major trading partner of Ukraine both in exports and imports of goods. It was stated in the summary data illustrated at the end of 2014, which were distributed to the State Customs Service on January 16. In 2013 Ukraine had the largest volume of trade carried out... Read more
Toyota Motor Corp. retained its status as the world's largest automaker in 2014, selling 10.23 million. cars with a small margin of German rival Volkswagen AG. Sorry, material is avaliable only on Ukrainian or Russian Read more
In late 2014 auto business had headed negative reviews, where experts expectedthe biggest layoffs. According to HeadHunter Ukraine portal, from November 2013 to January 2014 the number of vacancies in the automotive business decreased by almost 44%. Situation in the industry explained by reducti... Read more
Europe’s volume compact segment may become a victim of its own success this year. Because of double-digit sales gains from models such as the Volkswagen Golf and Toyota Auris, the segment was on track to nearly reach 3 million sales for in 2014. In 2015, full-year sales in Europe’s secon... Read more
PRAGUE (Reuters) -- Volkswagen Group will invest up to 500 million euros to modernize and expand its plant in Bratislava, Slovakia, a report said. The work should start in April and last until the end of 2016, Slovak newspaper Hospodarske Noviny reported on Tuesday. The factory builds the VW Up, S... Read more