Peter Homola


Based in Austria, Peter covers Eastern European auto makers and markets.

German Luxury Brands Investing in Eastern Europe 1
Daimler is particularly active in expanding its manufacturing footprint in the region. The company last month announced plans to build a second plant at its site in Kecskemet, Hungary, for the production of front- and rear-wheel-drive cars.
Skoda to Decide Next Year on Possible U.S. Entry 1
Skoda’s “Strategy 2025” plan calls for it to sell cars in 120 markets, up from 102 today.
Nissan Launches Low-Cost Datsun Brand in Middle East
The Datsun on-DO sedan and mi-DO hatchback, two models based on the Lada Granta and Kalina and manufactured by Nissan’s Russian partner AvtoVAZ, are available as the brand returns to Lebanon after 49 years.
Jaguar Land Rover Confirms Slovak Plant, Despite Brexit
In the project’s first stage, the automaker plans to install capacity for 150,000 vehicles annually and create up to 2,800 jobs.
VW to Hike Production of First-Gen Tiguan
Original plans called for output of about 2,500 first-generation Tiguans per month.
FCA Offers Voluntary Exit Package to Serbian Workers
Employees who take the buyout will get a half-year’s pay for each year of service, plus additional benefits. The automaker wants to cut 30% of its Serbian workforce.
Austrian Sports Car to Be Instant Rarity in U.S.
KTM CEO Stefan Pierer says the automaker expects to sell about 15 cars in the U.S. in 2017 and reach annual sales of 30 to 40 vehicles in the future. Last year KTM manufactured some 80 sports cars.
PSA to Hike Car Builds, Add Engine Output in Slovakia
The facility, which makes Peugeot 208 hatchbacks and Citroen C3 Picasso microvans, launches output of a third model in the second half of this year. What PSA calls a ‟B Mainstreamˮ car is the successor to the Citroen C3 now built at Poissy, France.
Magna Steyr May Build Sports Cars for BMW, Toyota
A newspaper reports Magna Steyr is expected to launch production of a BMW sports car that will succeed the Z4, in 2018, with a Toyota model to follow some months later. Plans call for combined production of at least 60,000 vehicles per year.
PSA Sheds Some Eastern European Import Distribution
In February, Emil Frey Group took over PSA’s import subsidiaries for Peugeot, Citroen and DS vehicles in Hungary, Croatia and Slovenia. The Swiss car importer and retailer added Czech Republic and Slovakia to its portfolio this month.
PSA, Daimler Consider Building New Plants in Europe
Daimler CEO Dieter Zetsche says the automaker is mulling additional capacity in Europe, while PSA Vice President Yann Vincent says PSA could benefit from expanding into emerging markets such as those in Eastern Europe.
Turkish-Built Dodge Neon Lights Up Again in Mexico 1
Tofas, a joint venture between FCA and Turkish conglomerate Koc Holding, launched volume production of the new sedan in September. The car is sold as the Fiat Egea in Turkey, while FCA uses Fiat’s traditional Tipo model name for other markets.
Skoda Plant Gets Ready for Two New Models
Production of the SEAT Ateca already is under way. Skoda is manufacturing SEAT’s first CUV for the Spanish brand. A concept of the second new vehicle, Skoda’s first 7-seater SUV, will be shown in Geneva as the Skoda VisionS.
Germany’s Leipzig Cancels Auto Show
Sudden pullout by a number of automakers this month is forcing organizers to shelve the event.
Daimler Begins Export of Smart Forfour to China
China is expected to soak up as much as 5% of Revoz production.


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