Latest news of automotive industry.
Cabinet of Ministers asks Parliament to support at the meeting on Tuesday a law on fiscal decentralization. According to Prime Minister Yatsenyuk, the draft law will be submitted to the government next plenary week. The prime minister, local authorities will have not only the authority... Read more
Beijing Mercedes-Benz Automotive Sales, unit sales of the joint venture Mercedes in China, announced price cuts on more than 10,000 parts. This reaction - response to the investigation, which holds on the level of prices in the sector of luxury cars antitrust division of the National Commission for... Read more
Agency analysts PricewaterhouseCoopers (PwC) forecast decline in the market of passenger cars in Russia by 8-12% in the current year. This was announced on Tuesday a senior manager of practice to provide services automotive companies PwC Sergey Litvinenko. Recall that earlier this year predicted a d... Read more
"AvtoKrAZ" (Kremenchug, Poltava region), only Ukrainian producer of heavy trucks, plans to build assembly plant in the Plurinational State of Bolivia. According to a press release of "AutoKrAZ" the establishment in this country was discussed during the visit guidance &qu... Read more
Japanese automaker Toyota Motor Corp., the world's largest, in the first quarter of fiscal year 2015 net profit increased by 4.6% due to higher sales in North America and Europe, which compensated for the drop in Japan because of the tax increase. According to a press release, in April-... Read more