Latest news of automotive industry.
The European Commission confirmed the readiness to accelerate the disbursement of macro-financial assistanceto Ukraine in the amount of 760 million euros. It was stated by the representative of Ukraine in the EU Konstantin Eliseev, reports "Ukrayinska Pravda". Eliseev also noted that the European C... Read more
The Russian government will reimburse part of the cost of interest on loans to domestic automakers this year. It was reported in the press service of the Cabinet of Russia. The corresponding document was signed by the Prime Minister of Russia Dmitriy Medvedev. This decision will suppo... Read more
The Cabinet approved the procedure for the electronic VAT administration and determined that the accounts of payers in the new system will be opened in the State Treasury Service (State Treasury). It was stated in the decree N569 from 16 October. SFS head Ihor Bilous at the... Read more
NBU requires commercial banks to observe a moratorium on the accrual of interest and penalties on loans to residents of Donbass. National Bank of Ukraine intends to punish commercial banks that have not abolished the penalties on loans for citizens and businesses in the area of anti-terrori... Read more
Profit of Ford Motor Co., the second-largest US automaker, in the third quarter of 2014 exceeded the expectations of the market, despite of its sharp decline due to the rising costs for development and production of new models. According to a press release from Ford, the company net profit in... Read more