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Skoda to sell more than 940,000 cars this year


Skoda Auto, a unit of Volkswagen Group reiterated its outlook for full-year deliveries to be above 2012 when the company sold 939,200 vehicles. Skoda sold 464,600 vehicles in the first half - down 6 percent compared to 2012. The biggest Czech exporter said he first half had been affected by a switch to new models as well as weak overall demand for ...
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More overcapacity articles

Analysts Predict European Auto Plants Will See Improvement in 2016-2017
Analysts predict that the overcapacity issue at European auto plants will improve in about three years. "We expect the situation to get healthier when the production volumes will have recovered, i.e. ...
Opel may build Mokka subcompact SUV in Spain
General Motors Co’s European division, Opel, plans to shift a large part of its Mokka subcompact SUV production from South Korea to Europe, in Spain, German newspaper Handelsblatt reports citing ...
Opel and Vauxhall plants to build cars for other GM brands
General Motors is set to approve making non Opel Vauxhall brand models in its European plants, including its UK plant at Ellesmere Port. GM Europe president Steve Girsky said the company ...
Report: Maserati Levante SUV to be built in Italy, not the U.S.
Chrysler will not build the Maserati SUV at its plant in Detroit as the demand for the Jeep Grand Cherokee is stronger. The Maserati Levante will be built in Italy instead, ...
Survey: Auto execs plan to increase investments in plants and distribution
More and more auto executives around the world say they are planning to increase investments in plants and distribution networks as fears of overcapacity decline. According to a survey released today ...
Russian Auto Output to Increase Risking Overcapacity
Analysts believe that Russian auto industry is close to reach the same overcapacity problem with which the rest of Europe confronts. The warning comes after Avtotor Holding formed a partnership in ...
Fiat may need to close at least two plants in Europe, analysts say
To limit losses in Europe as its market share falls, Fiat aims to transform underused plants into export hubs for more expensive vehicles from Jeep, Alfa Romeo and Maserati. Still, the ...
Plastic Omnium to stop making bumpers in Germany
French plastic processing company Plastic Omnium announced it will cut output in Germany by halting the production of auto bumpers. Plastic Omnium blames the shrinking car market in Europe and also ...
EU Industry Commissioner vows to help Europe’s car sector
EU Industry Commissioner Antonio Tajani today promised to take action to help Europe's suffering carmakers. Tajani said he will address the automotive sector's problems and restructuring in “an urgent and co-ordinated ...

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