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Automakers

Former head of AT&T, Ed Whitacre to be new board chairman of GM

June 10, 2009 | 03:13pm CEToriginal
He will take charge of the new post as soon as the carmaker gets from the bankrupt mode. The current chairman of the managing board Kent Kres…
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Porsche negotiate carmaker's quarter share sale to Qatar

June 10, 2009 | 02:24pm CEToriginal
The negotiations are according to Porsche under way exclusively with Qatar and in an advanced stage. The agreement of sale might be announced...
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BRNO: Juricek: About 40 Czech automotive suppliers have claims of CZK 1 to 2 billion at GM

June 9, 2009 | 07:23pm CEToriginal
Many component manufacturers supply directly to the GM in the USA. The problem with the insolvency is not applying to Opel. Specifically, Brano Group has claims at GM for...
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BRNO: Car production in Czech Rep to increase by 10% this year and exceed 1 million for first time

June 9, 2009 | 06:38pm CEToriginal
The growth will be caused by Hyundai mainly, but also by TPCA. The Kolin-based carmaker plans weekend shifts similarly to Skoda Auto...
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WMS Flocktechnik leavïng Czech Rep due to crisis, over 50 people lost their jobs

June 9, 2009 | 03:20pm CEToriginal
The company has already ceased production in Humpolec and asked the court for declaration of insolvency. The reason is a decline of orders...
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Opel's dealers want to help their own carmaker

June 9, 2009 | 02:17pm CEToriginal
They offer a bail out amounting to EUR 500 million in exchange for a share in Opel. The proposition is supported by dealers from 24 European countries including the Czech Republic and Slovakia...
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Skoda Yeti: In sale from CZK 449,800 in Czech Rep from today, AWD version from CZK 459,800

June 9, 2009 | 08:39am CEToriginal
The first ordered cars will be delivered in the second half of July. The basic motorization 1.2 TSI (77 kW) and a transmission DSG will come into market as late as...
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May's sales of German premium brands: The least drop has Audi, the deepest BMW

June 8, 2009 | 11:25pm CEToriginal
Sales of the carmaker Audi declined by 6.1%, Mercedes' by 12% and BMW's by 18.3%. The carmaker BMW though sees a possibility of improvement this year...
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BRNO: Skoda Auto decreased global sales by 13.8% to 260,000 cars from January to May

June 8, 2009 | 11:06pm CEToriginal
The car sales in the Czech Republic fell to more than 20,000 cars. Thanks to the scrap bonus, Skoda Auto ensures the production of small cars in advance for…
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Qatar supposedly thinks of share purchasing in Volkswagen besides Porsche

June 8, 2009 | 08:03pm CEToriginal
Volkswagen would support such a step, because it might accelerate the process of integrated group formation consisting of Volkswagen and Porsche...
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AAA Auto renewed scrap bonus, Auto Esa still offering it, but with higher bonus

June 8, 2009 | 07:39pm CEToriginal
Every fourth showrooms’ visitor enquires about the scrap bonus at AAA Auto. Auto Esa has increased the scrap bonus from EUR 300 - 1,000 up to...
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BRNO: Auto-Exner gained full dealer license of Bentley

June 8, 2009 | 07:09pm CEToriginal
It happened after five years of service and sales through the German dealership. A new showroom (sized 400 m2) will be opened by Auto-Exner in...
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BRNO: Czech automotive industry showed out gross profit over CZK 27 billion in 2008

June 8, 2009 | 05:20pm CEToriginal
A half falls to Skoda Auto. The largest Czech carmaker has not appeared between the five awarded in the contest Company of the year 2008 this year though…
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Skoda Superb Combi: Introduction in Frankfurt, production from mid-November

June 8, 2009 | 03:46pm CEToriginal
Facelift of the model Fabia will follow in March next year. Considering the Superb the carmaker expects annual production...
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BRNO: Carmakers and government want to initiate scrappage scheme in Czech Rep at turn of year, suppliers as soon as possible

June 8, 2009 | 01:44pm CEToriginal
For the Czech automotive suppliers lose orders from abroad. Automotive industry though calls for the scrap bonus only, not asking for any direct financial help...
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Fewer used cars imported into Czech Rep this year, import down by 40% in period January till May

June 8, 2009 | 08:16am CEToriginal
The used cars Ford, Skoda and Volkswagen are imported into the Czech Republic mainly. Luxury brands are though imported as well...
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Car dealers network Penske Automotive to buy GM’s brand Saturn

June 7, 2009 | 07:50pm CEToriginal
Penske will preserve all jobs and dealer licenses. The company is already negotiating with other world carmakers of involvement in the Saturn production...
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Cebia: Autotracer is already used by 30 dealers in Skoda Plus program, about 50 bodies overall

June 7, 2009 | 02:58pm CEToriginal
In the Autotracer system there are already about 100 million records, Cebia aim to get the service data of most of the carmakers by the end of year, including brands...
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Sberbank to buy General Motors factory in St. Petersburg

June 6, 2009 | 07:56pm CEToriginal
The bank will, together with Magna, provide Opel a loan of EUR 500 million under the restructuring. They intend to get the German carmaker into profit by...
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Qatar still interested in holding a share not only in Porsche but also in another German carmaker

June 6, 2009 | 03:01pm CEToriginal
The competing German carmaker Daimler is going to sell over 9% of its stocks to a company from the United Arab Emirates for…
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Scrap bonus helped car sales in Slovakia in May

June 6, 2009 | 01:59pm CEToriginal
Sales of new passenger cars and light utility vehicles went up by 17.4% y/y in May. For over five months of this year...
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Kia Motors ask Slovakia for investment aid for new engine plant construction near Zilina

June 5, 2009 | 11:15pm CEToriginal
The carmaker would like to gain the support of 13.5% of the estimated engine plant costs. The investment decision should be made...
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BRNO: Skoda Yeti to be sold in Czech Rep from CZK 359,800, AWD version from CZK 459,800

June 5, 2009 | 06:08pm CEToriginal
The carmaker plans to produce 20,000 cars this year. It aims to launch the full capacity of 200 cars daily...
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AAA Auto started financially motivating its customers to recommend services to their friends

June 5, 2009 | 04:32pm CEToriginal
If those use AAA Auto's services, they will obtain a CZK 2,000 discount when purchasing a car. The customer will then receive a bonus for the recommendation amounting to...
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Car sales continue to fall in Great Britain, scrap bonus to take effect during following months

June 5, 2009 | 03:00pm CEToriginal
The number of new car registrations went down by 24.8% to 134,858 units in May. For over five months of this year the sales declined by…
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