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Automakers

Management of leasing company SkoFIN slimmed in summer

September 14, 2009 | 06:17pm CEToriginal
Stefan Rasche and Jirina Tapsikova, who took over competences of Oliver Schmitt, have remained in the company’s management. Schmitt left abroad to the company...
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Mann+Hummel expects further expansion of its plant in Czech Rep

September 14, 2009 | 05:50pm CEToriginal
Constantly strengthening aftermarket and original spare parts segment as well as new orders from carmakers will quickly fill the production capacity of plant...
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Credium became next partner in field of Kia dealer network wholesale financing in Czech Rep

September 14, 2009 | 04:56pm CEToriginal
The company has already won the first client, namely one Central-Bohemian dealer. In the near future, Credium will start cooperation with...
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Lexus began to offer branded financing of its cars in Czech Rep

September 14, 2009 | 02:17pm CEToriginal
Under the trade mark Lexus Financial Services, there are being offered all the traditional products. Financing will be ensured the company...
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Chinese carmaker BAIC to enter Koenigsegg, helping with Saab’s takeover

September 14, 2009 | 01:49pm CEToriginal
BAIC is going to acquire a minority stake in Koenigsegg. Koenigsegg should be helped with the financing of Saab’s acquisition by other Chinese carmaker...
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Ministry of Defence purchased further 25 vehicles for CZK 100 million from Tatra

September 14, 2009 | 01:17pm CEToriginal
It is a delivery of vehicles outside the initially concluded contract from 2006 including 556 cars for CZK 2.6 billion. Moreover, Tatra gave a few cars for free to the Army...
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Avia to offer branded finance Avia Financing in cooperation with UniCredit Leasing

September 13, 2009 | 09:11pm CEToriginal
Dealers have been negotiating the cooperation with financial partners individually so far. Avia will offer the branded financing on all markets covered, but...
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Louwman began to sell Lexus cars in Czech Rep, opening showroom in Prague 5

September 13, 2009 | 08:31pm CEToriginal
The new Lexus centre was established by a rebuilding of former Toyota showroom, when the sale of that brand has been moved to…
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General Motors to sell majority share in Opel to consortium Magna/Sberbank

September 11, 2009 | 09:48am CEToriginal
Magna and Sberbank will acquire a 55% share, Opel employees 10% share and 35% will remain to GM. Magna foresees a strong growth of Opel, especially in...
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Hyundai to start building its third factory in China in early 2010

September 10, 2009 | 04:27pm CEToriginal
Hyundai has an annual production capacity of 600,000 cars in China at present, planning to sell 500,000 cars there this year. The new plant will increase capacity to...
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Chinese carmaker Geely interested in takeover of passenger cars manufacturer Volvo Car

September 10, 2009 | 12:10pm CEToriginal
However, it is clear from the statement of the Geely Automotive CEO that Ford is not offering to sell Volvo now...
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Robertson: BMW sales might return to growth in coming months

September 9, 2009 | 12:50pm CEToriginal
For the whole year, the carmaker is however expecting drop. The sale’s fall of the carmakers BMW and Audi was lower than 10 % in August, namely...
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Toyota sees revival of global car sales

September 9, 2009 | 11:10am CEToriginal
Therefore, the company will employ 800 agency staff in Japan, who will increase the number of employees to more than 2,000. Most of them will join the plant which manufactures...
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New car sales in Britain increased by 6% due to scrap bonus in August

September 8, 2009 | 10:08pm CEToriginal
It was a second growth in two months. Ford Focus became the best selling car in August. It has been followed by another Ford model…
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Suzuki to build new plant in India replacing another outdated factory

September 8, 2009 | 08:40pm CEToriginal
The new plant will have production capacity around 250,000 cars per year; the overall capacity of the carmaker in India…
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Opel and Chevrolet brands to separate in GM, whatever happens to German carmaker

September 7, 2009 | 11:45pm CEToriginal
Opel and Chevrolet have already had in the Czech and Slovak representation of GM separated teams and individual executives. Steffen Raschig went to Russia; his competences have been taken by two managers...
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Former Opel and Chevrolet showroom in Svitavy to be auctioned for second time in October

September 7, 2009 | 11:19pm CEToriginal
The first auction of the sales and service complex was unsuccessful when no prospective buyer has accepted the starting price...
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Deripaska: Russian carmaker GAZ has no interest in Opel share

September 7, 2009 | 10:35pm CEToriginal
There were information last week that GM is not going to sell its German division in order to prevent Opel technology falling into the Russian hands. However, GAZ offers...
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Citroen offer selected models C3, C3 Picasso, C4 and Berlingo for flat price in September

September 7, 2009 | 08:57pm CEToriginal
When using leasing, it is possible to receive an additional discount up to CZK 50,000. Citroen has also prepared a special offer for commercial vehicles and new product from PSA Finance...
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Skoda Auto plans Fabia’s production slump and dismissals

September 7, 2009 | 03:47pm CEToriginal
The production of car successful in countries with introduced scrap bonus program will be reduced by up to one third. Up to 2,500 jobs are endangered. Sale, revenues and profit this year...
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General Motors to restore production in Venezuela after three months

September 7, 2009 | 02:51pm CEToriginal
The government of President Hugo Chavez has agreed that it would sell US dollars to the carmaker in order to have money for foreign suppliers of components...
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Renault began offering secondary manufactured spare parts called Motrio for older cars

September 7, 2009 | 12:59pm CEToriginal
While maintaining the Renault quality standards, the owner of an older car may significant save the service expenses. Renault also offers remanufactured parts...
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Daimler and Porsche plan working hours’ reduction this year

September 7, 2009 | 11:22am CEToriginal
Daimler plans to proceed to shorter working hours in Q4 again. By the end of the year, Porsche plans to suspend production in its factory in...
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Credium increased its market share in all vehicle categories’ financing in H1

September 7, 2009 | 10:14am CEToriginal
The branded financing Fiat Group has helped to that situation. Credium is preparing further cooperation with carmakers on the Czech market...
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Autobond expands to further city in Czech Rep

September 6, 2009 | 11:42pm CEToriginal
After a long-term operation in Prague and Ostrava and last year’s opening of Opel, Chevrolet and Kia showrooms in Karlovy Vary, it will offer one of its existing brands in...
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