Slovakia overbid rivals such as Poland, Hungary and Mexico to build a new car manufacturing plant, which comes as the premium car maker is looking to lower its cost base to compete with larger German rivals.
2015.08.12 01:29
Volkswagen Group will build a Seat SUV at a plant in Kvasiny, Slovakia, run by Czech brand Skoda, using lower labor costs to accelerate a turnaround at its only unprofitable division. The road-going version of the IBX concept, presented in 2011, will be first sold in 2016.
2014.06.13 09:37
Apollo Tyres Ltd. has narrowed its search for the tire plant it is planning to build in Europe to two sites, in Hungary and Slovak Republic, reported tirebusiness.com.
2014.05.31 14:47
According to Slovak press information, new automotive investments are expected in Slovakia. The local newspapers are projecting the arrival of two Chinese firms, Qoros and BYD.
2014.01.16 12:11
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