Although the automotive industry has been the driver of development in the Western Balkans for years, the current model based on cheap labor and foreign subsidies is running into problems
Volkswagen CEO Oliver Blume announced a significant reduction in production capacity. The German auto industry is struggling to stay competitive in a market that seems to have found a replacement
Representatives of Jagodina spoke with the management of the German company Fischer about the opening of a new factory in Jagodina that the company plans to build
The car manufacturing company Stelantis, which includes the Fiat factory in Kragujevac, announced on Friday that it expects a loss of around 22 billion euros.
The largest auto parts manufacturer in the world, Germany's Bosch, is cutting 13.000 jobs in Germany by 2030. In Serbia, this company employs 4.000 workers
800 workers from Nepal and Morocco will be employed in Fiat's factory, TV Kragujevac reported. At the same time, there are 9000 unemployed people in Kragujevac
Scraps of cars, the import of which is prohibited in the whole of Europe, are still being imported into Serbia
US President Donald Trump has announced plans for long-promised tariffs of up to 25 percent on car imports
The series of factories leaving Serbia continues. This time it's the turn of the cable factory "Drexlmayer", which employs almost 2.000 workers in Zrenjanin.
With the new production in Kragujevac, the automotive industry could get an additional boost
In 2030, Mercedes planned to market exclusively electric cars. The plans have now been corrected. The concern from Stuttgart forecasts a significantly smaller share of e-cars in the total traffic. And a drop in profits
Lithium has become a key raw material for the automotive industry. The EU overlooks that the demand for lithium will grow 2050 times by 17, that this raw material will become more important than oil and gas. In order not to depend on imports, the Europeans want to encourage lithium mining and production on their own continent.
The European Commission (EC) proposed ten days ago that older, worn-out cars, popular "second-hand cars" should no longer be sold or exported outside the EU. This news upset drivers because the majority of cars in Serbia are imported from Europe. Petar Veličković, the public relations manager of the Used Cars site, tells the "Vremena" portal that at this moment it is not realistic to expect major changes on the domestic market when it comes to prices.
