A new generation of Mitsubishi Lancer Evolution will be produced. The company refused to work on it.  For Lancer Evolution 2014 will be the last year. Then it will be removed from production. The automaker plans to focus on production of more popular models. Read more

It is estimated that in 2013 a group of companies "AvtoVAZ" made ​​a profit of 13 billion less than last year. That time a sum amounted to 177 billion rubles.  Total loss of "AvtoVAZ" in 2013 amounted to 7.9 billion rubles. According to the official version, the losses we... Read more

In March, 2014 members of the World Trade Organization (Dispute Settlement Body, DSB) approved the creation of a special panel for the analysis of special duties on cars imported in Kiev in April, 2013. In October, Japan launched against Ukraine a charge of 11 points on special duty, in... Read more

Geely Company received a loan of 20 billion yuan (3.1 billion dollars), which it plans to use to expand and strengthen its presence in foreign markets. Export-Import Bank of China (Exim Bank of China) and Geely Holding Group announced the signing of a strategic agreement under which Geely gets ac... Read more

Yesterday, March 27, 2014 the Verkhovna Rada of Ukraine adopted the draft Law of Ukraine "On Amendments to the Tax Code of Ukraine (concerning the abolition of the excise tax collection and utilization of the conversion of the vehicle)". This law provides a complete contrast t... Read more