European automakers issued a Manifesto for a Competitive European Automobile Industry. It was created with an aim of drawing attention of politicians on the industry's needs, as well as attracting new European leaders. According to the initiators of the Manifesto, economic... Read more

According to Opel CEO Karl-Thomas Neumann, in 2022 company plans to take up 8% of the European market (including Russia and Turkey).  The automaker hopes to achieve these results thanks to 27 new models of cars. Also plans to release new engines. New items will appear in 2018.&nbsp... Read more

According to "Motor", AutoVAZ will fire 20% of workers. Previously predicted that the number of laid-off employees in 2014 will reach 7.5 thousand, however, now it is about 13 thousand people. Such measures were taken by the leadership of the enterprise to "improve the fi... Read more

American company Tesla plans to release electric amphibian. According to CEO Elon Musk, Lotus Esprit from the James Bond movie "The Spy Who Loved Me" inspired him. "For us, this project is not a priority, but we are able to take electrician from Model S and put it in a vehicle... Read more

Belonging to the group of companies "AIS" LLC "Production Association "Kremenchug car assembly plant" (KrASZ, Poltava region) suspended work until June, 19 because of problems with components supply.  It should be noted that the volume of production of... Read more