Starting from July 28, employees of "AvtoVAZ" and "GM-AvtoVAZ" will be on vacation. At this time, the plant will stop production of the commodity and car kits. The company plans to restart on August 17.  Kaluga Volkswagen will be on vacation until August 25. Only workers... Read more

French Renault SA, the third largest car manufacturer in Europe, increased operating profit in the first half to 25%, due to the strong demand for budget brand Dacia cars and reduce costs.  According to a press release, adjusted profit before tax and interest payments (operating profit) in J... Read more

Ukrainian government intends to reduce the rate of the unified social contribution (USC), increasing the tax base, said Prime Minister Yatsenyuk.  "If we agree by Thursday to reform unified social contribution, then we have an idea to reduce the tax rate USCs and thus broaden the tax ba... Read more

The organizers of the European competition "Car of the Year" published a list of 33 models that will compete for the title in 2015. Shortened to seven models list will be presented on December 15 and the winner will be announced March 2 before the opening of the Geneva Motor Show. ... Read more

U.S. Agency J.D. Power and Associates conducted an annual survey of APEAL, determining the best cars in the opinion of U.S. drivers. Porsche this time scored 882 points out of a possible 1000.  86,000 Americans who bought or taken on lease new cars from February to May were in... Read more