Japan’s Yazaki to Open 3rd Plant in Bulgaria Photo by Yazaki Bulgaria

Japanese manufacturer of car cabling systems Yazaki will build a third plant in Bulgaria, according to Sinan Kar, General Manager of Yazaki Bulgaria. Kar told Capital Daily that the new plant of the company would be located ... More


FAS only major exporter in Serbia

Serbia has no major exporter except Fiat Automobiles Serbia (FAS), surveys carried out by the Business Info Group show, noting that FAS is the only company whose exports exceed EUR 1 billion annually. Serbia has no exporters ... More


Revoz Presents New Renault Twingo

Revoz, the Slovenian subsidiary of car maker Renault, presented in Novo mesto on Tuesday its new model of the Twingo city car. The new Renault Twingo, which will hit the Slovenian market on Wednesday, will be available ... More


Belgrade-based Toyota Centar wins European award

Belgrade-based Toyota Centar is the winner of the European Toyota Ichiban 2014 Customer Satisfaction Award. The award will be officially presented to Toyota Centar Director Miladin Vrbaski on June 5 at a ceremony in Cannes, ... More


Fiat Serbia's biggest exporter in 2013

Fiat automobili Srbija (FAS) tops the list of Serbia's 15 biggest exporters in 2013, with the company's exports totalling EUR 1.53 billion, the Serbian Ministry of Finance published on its website on Wednesday. Second on the ... More


First Jaguar XF arrives

The first model of Jaguar XF has arrived to the Serbian market. The British car maker's new luxury launch is currently on display at the newly opened “Grand Motors” showroom in New Belgrade, and its price tag reads ... More


Marquardt GmbH to open factory and 500 new jobs in FYRMacedonia

German automotive company 'Marquardt GmbH' is entering Macedonia's market. It intends to invest EUR 35 million in erecting a factory for manufacturing parts for top German brands, such as 'Mercedes', 'Audi' and 'BMW" and open 500 ... More


Fiat to invest EUR 9 billion in new models

Italian carmaker Fiat plans to invest as much as 9 billion euros in new models to end European losses in three years and revive nearly empty Italian factories. In addition to bolstering the upscale Maserati and Alfa Romeo ... More


Export of over 100,000 Fiat 500Ls is FAS's great success

Serbia's Prime Minister Ivica Dacic said no Friday the export of more than 100,000 Fiat 500L cars from Serbia in 2013 was a great success of Fiat Automobili Srbija (FAS) from Kragujevac. "It is a large revenue for the company ... More


Chinese-Bulgarian auto assembly venture breaks down

The project of Chinese electric-vehicle maker BYD Co Ltd. to build an auto assembly plant in Bulgaria's town of Breznik is about to break down. The joint venture between BYD and Bulgarian energy company Bulmineral Ltd. was ... More


Bulgaria 6th in EU by bicycle production in 2012

Bulgaria ranks sixth in the EU by production of bicycles, according to statistics for 2012 of the European Bicycle Manufacturer's Association (EBMA). In 2012, Bulgaria manufactured 837 000 bicycles, ranking sixth in the EU ... More


Vucic: FAP will not be shut down, solution by March 1

Serbia's First Deputy Prime Minister Aleksandar Vucic said on Thursday evening that the Priboj-based manufacturer of trucks and buses (FAP) will not be shut down, but rather restructured, adding that by March 1 a strategic ... More


Ferrara: Serbia good for investment

The Fiat company has recognized Serbia as one of the best investment destinations, but it is necessary to take another set of steps for further improvement in the investment climate, Fiat Automobiles of Serbia (FAS) CEO Antonio ... More


Finnish “PKC Group” to invest €8m in Smederevo

First Deputy Prime Minister Aleksandar Vucic signed today in Smederevo the Memorandum of understanding with the Finnish company “PKC Group” that specialises in the production of cables in automotive industry. This ... More


PM Ponta at SAB: Romania becomes a big automotive maker in Europe and the world

After visiting the Bucharest Car Show (SAB) on Thursday, Prime Minister Victor Ponta said Romania is turning into a big automotive maker in Europe and the world. He congratulated the organisers of the 11th edition of SAB, ... More


Bulgaria marks progress in auto industry - President

Bulgaria is among the global competitors in automotive parts manufacturing, according to Bulgaria’s president. Speaking at the opening of the International Automotive Conference held in Bulgarian capital Sofia from ... More


Serbia starts exporting cars to U.S. once again

State Secretary at the Serbian Ministry of Finance and Economy Aleksandar Ljubic said on Friday that, after many years, Serbia starts exporting cars to the U.S. once again. In a live broadcast on Radio-Television of Serbia ... More


Serial production of 500L for US market in March

Serial production of Fiat's 500L model for the U.S. market will begin in March while sale will start in the second half of this year, Fiat Automobili Srbija CEO Antonio Cesare Ferrara told Tanjug. According to Ferrara, the ... More


Bulgarian Great Wall Cars to Boast Bulgarian Batteries, Lubricants

Bulgarian-assembled Chinese Great Wall vehicles will use Bulgarian-produced batteries and lubricants, informed Bulgarian Great Wall contractor Litex Motors. This is the first step in plans to introduce Bulgarian-produced ... More


New 500L version in October

Fiat Group President Sergio Marchionne said Tuesday after talks with Serbian President Tomislav Nikolic in Kragujevac that Fiat will introduce another version of the 500L on October 9, and the Detroit American version in ... More