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Automotive Industry

All-Clear for Opel Site in Vienna

Although the German automobile producer faces serious troubles, the Viennese factory is not endangered to cut jobs.

February 21, 2012

Expansion of the Board of ATB

The Management Board of ATB Austria Antriebstechnik AG was enlarged: the British national Ian Lomax becomes Chief Operating Officer.

February 21, 2012

Erste Group Acts as Bookrunner for Miba

The majority of € 75m bond was placed with retail investors in Austria. The offering was 3.5 times over-subscribed.

February 21, 2012

Strong Rise in Profits for Pankl

The Austrian producer of automotive and aeronautic components expects further revenues growth and EBIT improvement in 2012.

February 20, 2012

Voestalpine Amends Expansion Plans

The Austrian steel producer intends to use its technologic leadership in the automotive component business for further expansion steps.

February 18, 2012

KTM With Satisfying Results

The Austrian motorcycle manufacturer could increase turnover by 13.4%. EBIT was up by 7.6%, net profits rose by 30.2%.

February 16, 2012

Major Order for voestalpine

The automotive division of the Austrian steel group received orders worth € 700m.

February 14, 2012

SLR Group Plans Major Increase in Sales

The Austrian foundry company expects to realize sales of 60m in 2011/12. In the first half year, sales were up by 24%.

February 9, 2012

Magna Steyr Builds Mercedes Until 2020

The contract between the German Daimler Group and the Austrian automotive supplier has been extended. However, Magna had to make concessions.

February 8, 2012

Gebauer & Griller to Expand Supply in India

The Indian subsidiary of the Austrian automotive component supplier Gebauer & Griller expands its production line.

February 3, 2012

Opel Records Rise in Production

Opel Austria, a subsidiary of the U.S. group General Motors, could raise production by 11% in 2011.

January 25, 2012

KTM to Enter India

Together with its Indian partner, the Austrian motor-bike producer KTM aims for entering India.

January 25, 2012

Austrian Mercedes Production Endangered to Shift to Hungary

Construction of the SUV Mercedes G-class could switch from the Magna factory in Graz to Hungary.

January 24, 2012

Pankl Takes Over German Automotive Company

The Austrian automotive and racing company Pankl acquires the German specialist Huber, which is located in Munich.

January 11, 2012

Tyrol Equity Takes Over German RSN Sihn

The Austrian investment company acquired 50.1% in the German automotive supplier company RSN Sihn.

January 2, 2012

Pollmann China Doubles Production Area

The Austrian automotive supplier company expands its activities in China.

January 2, 2012

Rising Market Share for Porsche Holding

The Salzburg-bases Porsche Holding announces that more than every third sold car in Austria comes from the VW/Porsche Group.

December 28, 2011

Optimism at Austrian Automobile Industry

In spite of a weak economic outlook for 2012, Austrian automobile industry enterprises expect a good year.

December 27, 2011

Polytec Sells Interior Business

The Austrian automotive component manufacturer sells its Spain-based interior segment. Results for 2011 are confirmed.

December 27, 2011

Rosenbauer Wins Order worth € 245m in Saudi Arabia

The Austrian manufacturer of fire fighting vehicles has won the biggest order in the company’s history. 1,125 vehicles will be supplied.

December 16, 2011

Wolong Holds 98.8% in ATB Austria

The Chinese Wolong Group has almost finished its complete takeover of the former A-Tec subsidiary ATB.

December 13, 2011

Airport in Qatar Orders from Rosenbauer

The Austrian manufacturer of fire fighting vehicles delivers goods worth € 20m to New Doha International Airport.

December 13, 2011

Magna to Develop Luxury Cars in Styria

The Japanese Infiniti lets Magna develop and construct its smallest model in Austria.

December 10, 2011

Miba Continues Growth Path

In the first three quarters, the automotive component supplier could record an increase in sales by 37%. EBIT was up by 22.1%.

December 9, 2011

Magna Powertrain Expands in Styria

The Canadian automotive supplier again invests in the Austrian plan Lannach. Investments of € 30m are planned.

December 6, 2011

Significant Growth in Earnings for Frauenthal Group

The Austrian component supplier reported growing revenue for the period from January to September. EBIT increased by 26.5% to € 18.6m.

November 25, 2011

Strong Results for Pankl Racing Systems

The Austrian supplier of racing and aerospace systems could improve revenues, earnings as well as profits significantly.

November 21, 2011

Rosenbauer Reports Drop in Profit

The Austrian manufacturer of fire fighting vehicles registered record order intake of € 456m in the first nine months of the year. Revenues and EBIT came in lower than expected due to shipment delays.

November 18, 2011

Car Market Grows Slightly in October

New passenger car registrations increased by 0.7%; the mark of 300,000 registrations has already been exceeded in the year 2011.

November 10, 2011

Polytec Raises Outlook and Confirms Dividend

The Austrian component supplier registered a 50% decline in financing costs. Group sales are now expected to amount to € 650m in the full year.

November 10, 2011

KTM Heading for Record

The Austrian motorcycle manufacturer increased turnover by 12%. Previous year’s profit was already exceeded in the first three quarters of 2011.

November 3, 2011

Polytec Considers Acquisitions

The Austrian automotive component supplier Polytec, which recently achieved the turnaround, now also considers to expand its business via external growth.

November 2, 2011

Increase in One-Day Car Registrations

One-day registrations of passenger cars January to September 2011: +11.6%; 6.0% of new passenger cars were deregistered within one day.

October 21, 2011

Austria - Regional Leader in E-Mobility

Roland Berger Strategy Consultants released a new study on e-mobility in Central and Eastern Europe. The study presents a comprehensive assessment of e mobility maturity in eight countries and identifies best practices.

October 20, 2011

GM Makes Major Investment in Austria

The U.S. corporation invests € 50m in its Viennese powertrain factory.

October 19, 2011

Small Increase in Used Car Registrations

Registrations of used motor vehicles in Austria from January to September 2011: +0.8%; passenger cars +0.2%.

October 19, 2011

Austria´s Manufacturing Industry Maintains its Competitiveness

Austrian goods exports rose significantly since 1995. According to a study of the Austrian Central Bank (OeNB), this is mainly due to a higher degree of competitiveness.

October 17, 2011

Austrian Motor Vehicle Industry Prospers

Vehicle production recovered completely in 2010 – high commodity prices hindered significant earnings growth. In 2011, sales will reach € 14bn again.

October 17, 2011

Increase of Car Production in Czech Republic and Slovakia

Last week, the Czech Statistics Office announced that industrial production since the beginning of the year increased by 3.5 percent mainly due to the automotive industry.

October 12, 2011

Drop in Car Production in Poland

In September 2011, the production of passenger cars and commercial vehicles in Poland amounted to 70,521 units, an increase by 63,24% (27,319 units) compared to August 2011 reported the Samar Institute.

October 12, 2011

Skoda’s Domination in Poland

According to research conducted by Samar, Skoda has been the unquestionable leader of the Polish car market during last 30 months.

October 11, 2011

Car Registrations Still on the Rise

First three quarters 2011: new car registrations increased by 8.8%; September 2011 +9.4% in Austria. Motor vehicle registration was up by 7.7%.

October 11, 2011

BMW Austria Fears Lack in Skilled Labor

The German automobile corporation´s factory in Steyr, Austria, already produces 5000 engines per day. 200 new workers were hired this year.

October 4, 2011

Decreasing Registrations of Cars in Austria

Registrations of used motor vehicles in August 2011: -0.7%; passenger cars -1.8%, lorries +1.9%.

September 20, 2011

New Car Registrations Up by 4.8% in August

Registrations of new motor vehicles in August 2011: +4.2%; passenger cars: +4.8%, lorries: -0.3%.

September 9, 2011

Miba Reports Strong Growth in Sales

The Austrian component supplier achieved a sales increase of 38.5% in the first half of FY 2011/12. EBT amounted to € 28.6m, slightly higher than in the previous year.

September 9, 2011

voestalpine Merges Subsidiaries in the Automotive Division

The structural parts group of the Austrian steel company’s automotive division is united within voestalpine Stamptec.

September 1, 2011

Magna to Build Battery Factory in Styria

The international component supplier and Frank Stronach will start production of batteries for electric vehicles. They received a major order from Mercedes.

August 26, 2011

Strong Profit Increase for Frauenthal Group

The Austrian component supplier reported growing revenue for the period from January to June. Net profit more than doubled to € 6.1m.

August 24, 2011

Pankl: Earnings Nearly Tripled in Q2

The Austrian component supplier increased revenues by 14.7% in the first six months of the year. EBIT improved by 55% from € 3.1m to € 4.8m.

August 22, 2011