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Peter Homola

Correspondent

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

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Latest From Peter Homola

Renault Looks to Grow Automotive Presence in Iran

‟Our ambition is to be the third-largest car manufacturer in Iran,” Renault executive Bernard Cambier says after the automaker signs a joint-venture production agreement with the state-owned Industrial Development & Renovation Organization.

Markets

Magna Steyr Mulls Plant in Slovenia

Talks are under way with representatives of local communities and the Economy Ministry, with a decision expected before year’s end, Slovenian daily Večer reports.

Markets

GM Launches Output of New-Gen Holden Astra in Poland

The first car to roll out is a red Holden Astra powered by a 150-hp, 1.4L turbocharged 4-cyl. that will be delivered to a customer in Australia.

Markets

Moscow Auto Show in Crisis Mode

The show comes with 7-month sales running 14.4% below the country’s already-depressed rate and well behind its best-ever full-year result of 2.9 million sales in 2012, when the economy was healthier and Western economic sanctions had not taken effect.

Markets Autonomous Vehicles

German Luxury Brands Investing in Eastern Europe

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.

Markets

Skoda to Decide Next Year on Possible U.S. Entry

Skoda’s “Strategy 2025” plan calls for it to sell cars in 120 markets, up from 102 today.

Markets
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