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Automakers

Tyco Electronics moving part of automotive production from Western Europe to cheaper locations

June 22, 2009 | 10:12pm CEToriginal
Some production is moving to the Czech Republic, other to a new factory in Ukraine, which began operation...
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Sixt to expand its fleet for another brand in the Czech Rep

June 22, 2009 | 07:27pm CEToriginal
Seat will be added to Volkswagen, Ford, Audi, Mercedes-Benz and Skoda cars. Tender for 80 cars supply won...
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Hyundai i30: Within stock sales estate at price of hatchback and diesel engine at price of petrol

June 22, 2009 | 04:09pm CEToriginal
Offer applies to model year 2008 and until the stock lasts. When purchasing model i30 or i30cw it is possible to save...
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Volkswagen without loss in Q2, even the whole year 2009 should end with profit

June 22, 2009 | 12:55pm CEToriginal
At the same time the carmaker will consider giving sports car manufacturer Porsche a loan, which has reportedly been granted one loan from Volkswagen already...
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Porsche revenues down by 15%, sales by 28% in Q1-3

June 21, 2009 | 06:26pm CEToriginal
The carmaker registered the most significant drop in the US and Canada. Considering the specific models...
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Sales of Skoda cars stagnated in Europe in May, dropped by 5.5% totally this year

June 20, 2009 | 11:43am CEToriginal
Registrations of new passenger cars went up by 20.5% y/y in the Czech Republic in May; in Slovakia even by...
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CSOB Leasing to administer fleet of CSOB group amounting to almost 1,000 cars

June 20, 2009 | 11:09am CEToriginal
All by means of the form of fleet management and full service leasing as well. CSOB Leasing also became a provider of operative leasing for Skoda Auto...
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Slovakian server published photos of Skoda Superb Combi

June 20, 2009 | 10:13am CEToriginal
The photographs were taken during damper tests on the highway D2. According to the tests the back part will look different than indicated by computerized drawings so far…
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Chinese carmaker BAIC to struggle with Magna for Opel

June 19, 2009 | 07:30pm CEToriginal
BAIC has acquired an approval to look into the German carmaker's accounting. A part of the alliance of Magna and Opel might also become the carmaker...
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Fiat to shut down car production at Sicily plant

June 19, 2009 | 03:39pm CEToriginal
Fiat needs to reach annual sales of 5.5 million cars in order to survive. The overall sales of Fiat and Chrysler though range only around...
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Chrysler to resume production at seven possible plants

June 19, 2009 | 02:26pm CEToriginal
Chrysler will announce resuming production in other plants at the end of June probably. Production in newly resumed plants will proceed…
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Sales of cabriolets down by roughly a half in Czech Rep

June 19, 2009 | 01:47pm CEToriginal
The economic recession is the cause for it has brought interest in the entire category of sports cars down. The fall considers premium brands mainly...
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Nissan offers CZK 50,000 to CZK 120,000 discounts according to model till end of June

June 18, 2009 | 04:28pm CEToriginal
Within a special offer “Scrap bonus weeks with Nissan” it is enough to bring a toy-car of a model intended for scrapping. The offer relates to commercial cars too…
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Segment of exclusive cars not affected by crisis in Czech Rep

June 18, 2009 | 03:57pm CEToriginal
Sales of exclusive cars went up y/y this year even—by 20 cars per 130 units. However, the situation in Europe is inversed. The reason is...
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Dealers: Orders for Skoda Yeti in Czech Rep just sporadic over 10 days

June 18, 2009 | 12:36pm CEToriginal
Interest in the Yeti is though bigger than in other Skoda models. People are waiting for showroom cars to appear in the car centres. That should happen in…
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Czech Senate approved anti-crisis packed including scrap bonus proposed by CSSD

June 18, 2009 | 08:59am CEToriginal
According to specialists from PwC the scrappage scheme gives advantage to some brands and models only, it will affect future sales and contribute to another decline in used car prices...
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Skoda Auto sales decreased by 7.3% to 59,600 cars in May

June 17, 2009 | 08:55pm CEToriginal
Sales of the Volkswagen Group have increased by 1.5% to 556,700 cars for the first time in 2009. However, in Germany and China, the Czech carmaker grew by...
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Auto Diskont follows its competitors and also introduced scrap bonus

June 17, 2009 | 08:16pm CEToriginal
At the same time, the used car dealer, which is controlled by AAA Auto, change its orientation and increases the proportion of younger and more expensive cars...
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Audi A5 Sportback: Five-door coupe to be introduced at Frankfurt Motor Show

June 17, 2009 | 07:10pm CEToriginal
Right after that it will go on sale from EUR 36,050 (about CZK 960,000) with an engine 2.0 TDI (125 kW). In mid-2010 a new basic version will come...
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US Government refused further help for automotive suppliers

June 17, 2009 | 05:28pm CEToriginal
An allocation of a USD 5 billion support, in which also the carmakers GM and Chrysler have a share, was initiated in April. Suppliers though asked for a further help...
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Fiat obtained EUR 400 million loan from EIB for development of more eco-friendly cars

June 17, 2009 | 12:28pm CEToriginal
Fiat acquired the credit under the EIB's European Clean Transport Facility focusing on support...
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Second Audi Terminal in Czech Rep and sixth brand showroom in capital to be built in Prague

June 16, 2009 | 09:55pm CEToriginal
It started to be built by the new authorized Audi dealer, already the 16th in the Czech Republic. The dealer also obtained a license to service Audi R8 cars. This is a company...
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General Motors confirmed Saab sale to small-lot manufacturer Koenigsegg

June 16, 2009 | 07:42pm CEToriginal
Both sides signed a preliminary agreement and the sale should be concluded by the end of Q3. The agreement supposedly contains...
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UniCredit Leasing expanded vehicle financing portfolio for brand Kogel in the Czech Rep

June 16, 2009 | 07:16pm CEToriginal
Financial company therefore entered trailers segment after the cars and trucks segments. It began offering scrap bonus as first in it...
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Bosch expects downturn of revenues for automotive components by about 20% due to crisis

June 16, 2009 | 06:33pm CEToriginal
The decline in automotive division was 7% last year. Over this year the group expects the first consolidated loss...
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