Latest news of automotive industry.
Ukraine will definitely get the prospect of becoming a full member of the EU, when it is ready for this, said the Minister of Foreign Affairs of Ukraine Pavlo Klimkin. He recalled that earlier European politicians have predicted that in the case of Viktor Yanukovych failure we wi... Read more
The global auto industry faces a demographic crisis. It turns out that the car for a significant proportion of young people of Generation Z is no longer a cherished dream and symbol of prestige, as it's considered to be. You can have different refers to this te... Read more
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