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News and special offers by SkoFIN: Operative leasing on-line, APR 0%, GAP insurance free of charge, winter tires for Skoda cars in addition

October 17, 2009 | 08:23pm CEToriginal
The special offer Winter Tires for model Fabia along with availing of a lease or a credit includes advantageous interest running with APR under the limit of…
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Russia to provide RUB 10 billion for scrap bonus and thus support sales of 200,000 cars

October 17, 2009 | 05:48pm CEToriginal
The government bonus would apply to new cars assembled in Russia. However, there is infrastructure for ecological disposal of car wrecks missing in the country…
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Goldmad Sachs to invest USD 334 million in Chinese carmaker Geely

October 16, 2009 | 08:30pm CEToriginal
The Chinese company will use money acquired by the bonds‘ issue convertible into shares to finance capital expenditures and possible acquisitions. Goldman Sachs might have in Geely a share of…
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Audi extended partnership with Karlovy Vary film festival for next year

October 16, 2009 | 06:03pm CEToriginal
Nearly 60 cars will be again available to the organizers and VIP guests of the 45th year. Audi is also going to introduce its new generation of limousine...
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Hyundai to eventually build plant in Brazil

October 16, 2009 | 02:37pm CEToriginal
The carmaker announced an investment of USD 600 million (CZK 10.4 billion) last year and withdrew its intention at the beginning of this year. Construction of the plant will begin…
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Johnson Controls to move production of seats for Volvo from Czech Rep to Sweden

October 16, 2009 | 04:00am CEToriginal
The trend of moving the production to home countries in Western Europe has becoming stronger in the last months…
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Czech plant of automotive supplier Edscha for sale

October 16, 2009 | 03:44am CEToriginal
Edscha Bohemia has probably been insolvent since May as well as its controlling company Edscha AG. The Czech enterprise is still in operation though and not willing to dismiss…
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Opel plans assembly of cheaper models in Russia, considering construction of new plants

October 16, 2009 | 03:38am CEToriginal
The model Astra could be assembled in St. Petersburg. Opel could also start cooperating on supplies of parts with Russian carmaker…
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General Motors to expand production in three plants next year

October 16, 2009 | 03:25am CEToriginal
GM intends to replace production losses resulting from restructuring its assets this way. The carmaker will thus restore 3,000 work places. The plants are…
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Renault ready to invest in Russian carmaker AvtoVAZ

October 16, 2009 | 03:10am CEToriginal
The French company though pointed out that the investment would not have to be in the form of cash financial resources. Decision on the amount of Renault’s investment should be taken in…
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Scholz: Skoda Auto sold over 500,000 cars in Q1-3, expecting sales around 675,000 cars over entire year

October 14, 2009 | 07:39pm CEToriginal
The carmaker is subsequently declining a y/y drop of sales and expecting a growth for Q4. In October, sales reached…
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FRANKFURT: Jahn: Car production could grow to limit of 1 million in Czech Rep due to scrap bonus

October 14, 2009 | 03:17pm CEToriginal
Revenues of the local carmakers should fall this year though. Jahn expects a stronger revival as late as in the year…
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Automotive supplier Delphi emerges from bankruptcy protection after four years

October 14, 2009 | 12:44pm CEToriginal
Delphi exited bankruptcy protection as a new company after completing an agreement with its creditors and receiving a promise for loans from…
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Used car sales within auto-plus program continue to grow

October 14, 2009 | 11:23am CEToriginal
Over the last year, sales grew by 1.2% whereas in H1 2009 the growth reached 6%. Considering particular brands Volkswagen, Audi, Seat and Skoda…
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2009 Prague Motor Show: Novelties from Frankfurt, Chinese cars, new EVs and HEVs

October 14, 2009 | 10:22am CEToriginal
New Czech company EVC Group will be presenting plug-in hybrid Toyota Prius or electric cars Smart and Skoda at the show…
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Skoda Auto lowering production of model Roomster

October 14, 2009 | 09:29am CEToriginal
According to trade unions, a daily production was 240 cars last week whereas this week only 160 cars should be manufactured. The carmaker denied the downturn saying it daily produces…
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Car sales dropped in Slovakia in September after six months of growth

October 14, 2009 | 08:50am CEToriginal
Results for Q1-3 though show a growth by 1.5%. Over the whole year, Slovakian Automotive Industry Association (ZAP) expects…
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Trelleborg in Hradek acquired further orders from Audi, BMW and Volkswagen

October 12, 2009 | 11:52pm CEToriginal
The company needs to sign up 60 people in October due to the growth of orders for Audi and Volkswagen. Further orders will arrive in H1 2010, which will increase production and revenues to...
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AUTO 2009: Skoda Auto to sell more than 600,000 cars mentioned so far this year, as last year maybe

October 12, 2009 | 11:37pm CEToriginal
The expected drop of sales in Russia, Ukraine and India will be compensated by a growth in China. Sales will be boosted by new products as well; Skoda has already had orders for Yeti…
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GM signed agreement on selling brand Hummber to Chinese company Sichuan Tengzhong

October 12, 2009 | 11:02pm CEToriginal
Sichuan Tengzhong will acquire an 80% share in Hummer. The remaining 20% will fall to Hong Kong investor Suolang Duoji. Price of the transaction…
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Putin promised more money for Russian carmaker AvtoVAZ

October 12, 2009 | 10:52pm CEToriginal
French carmaker Renault holds a 25% share in it. The carmaker is interested in developing activities in Russia but has not made any particular promises…
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CCS: Fuel prices falling for eight week in a row in Czech Rep

October 12, 2009 | 09:36pm CEToriginal
Petrol and diesel became cheaper by more than 10 hellers last week; Slovakia experienced a growth, too. During the following days…
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Kafka service opened tire repair shop and car service under head of Premio network in Prague 9

October 12, 2009 | 08:33pm CEToriginal
The company has become a franchising partner of a service concept made by company Goodyear. Kafka service offers…
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Special offers by Skoda in autumn: Octavia Tour with discount over CZK 100,000, Fabia Combi for price of hatchback

October 12, 2009 | 08:18pm CEToriginal
Octavia Tour has been cheapened by CZK 120,000 to 185,000 according to specification. Another price benefit can be obtained for both models when taking advantage of Plus packet...
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AUTO 2009: BOS Automotive not keeping up production at one of lines in Klasterec

October 11, 2009 | 11:19pm CEToriginal
The reason is the production of an innovative component of the luggage compartment for Mercedes-Benz E limousine, which the carmaker might introduce even to other models...
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