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Automakers

Czech producer of starters Magneton owes to some of its suppliers

May 22, 2009 | 01:12pm CEToriginal
The Brno Regional Court thus sent the company to insolvency proceedings. The company reputedly owes to the companies...
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CSOB Leasing started offering operating lease for individuals in Czech Rep

May 22, 2009 | 12:50pm CEToriginal
A lease contract can be extended or shortened during its validity as well as a stipulated yearly number can be...
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Brno Motor Show will feature 36 automotive brands

May 21, 2009 | 09:15pm CEToriginal
There have been 180 exhibitors signed up at the motor show so far; two years ago there were 300 companies enrolled. The Brno Motor Show should be visited by...
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Porsche denied reports about application for state help which was disapproved

May 21, 2009 | 08:06pm CEToriginal
German journal Handelsblatt wrote earlier the carmaker had unsuccessfully tried to obtain a help...
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AAA Auto extends possibility of purchased car exchanging from three days to week

May 21, 2009 | 06:59pm CEToriginal
The possibility of the car exchanging within a week applies to vehicles with the price above CZK 100,000, and the new owner is obliged not to run more than...
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Koreans test to recharge electric vehicles from the road

May 21, 2009 | 06:00pm CEToriginal
The system will be tested in bus transport in Seoul and other South Korean cities this year. Some South Korean carmakers...
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Another interested subject in Opel is investment company Ripplewood Holdings

May 21, 2009 | 10:46am CEToriginal
The company submitted an offer yesterday similarly as did the carmaker Fiat and the automotive supplier Magna...
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Cable harness division of concern Alcoa bought by investment fund Platinum

May 21, 2009 | 12:16am CEToriginal
Part of the purchase was also the Czech plant Alcoa Fujikura Czech in Stribro. The change of owner will not affect the production, but...
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Denso postponed decision to invest CZK 1.2 billion in plant extension in Liberec

May 20, 2009 | 09:51pm CEToriginal
In the case of Denso headquarters agreeing, the factory’s extension can be done in two years. The reason is mainly new contracts...
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Jung: Skoda Auto to have production decrease lower than 10% this year

May 20, 2009 | 09:00pm CEToriginal
The carmaker expects a similar tendency even at sales. The market should decrease more; Skoda is therefore expecting a market share growth...
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Indebted Schaeffler abandoning plan of larger competitor takeover similarly as Porsche

May 20, 2009 | 07:38pm CEToriginal
On the contrary, the company now allows for a possibility of the takeover by Continental. Despite the crisis Continental invests in the Czech Republic...
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Frank Farsky leaves Renault Trucks

May 20, 2009 | 04:11pm CEToriginal
He led the representation in the Czech Republic and Slovakia for five years. New Renault Trucks CEO for the Czech Republic and Slovakia will be...
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Skoda Auto to invest EUR 2 billion in products until 2013

May 20, 2009 | 03:42pm CEToriginal
One part will go to the Group’s new mini car which will be produced in Bratislava, Slovakia. From the Czech Republic there will be besides transmissions...
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Daimler bought 10% share in electric car manufacturer Tesla Motors

May 19, 2009 | 10:47pm CEToriginal
This will enable an extension of carmakers’ cooperation: Electric Smart with Tesla batteries by the end of this year, Tesla model S...
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German carmaker Porsche negotiates with potential investor, maybe from Kuwait

May 19, 2009 | 05:44pm CET, updatedoriginal
Talks look reputedly promising. Porsche and VW representatives however stated today that they will...
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Skoda Auto to produce transmissions into small concern car Up!

May 19, 2009 | 05:34pm CEToriginal
The company will invest over CZK 1.5 billion to the increased production of transmissions. Their production in Mlada Boleslav will then rise to...
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Volkswagen sales fell by 4.7% in April

May 19, 2009 | 01:12pm CEToriginal
Sales of Volkswagen fell by nearly 10% to 1.93 million cars after four months. In Germany...
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German company Edscha as well as its Czech plant in insolvency

May 18, 2009 | 11:10pm CEToriginal
Edscha Bohemia owes to the revenue authority CZK 21 million. The next four creditors...
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Skoda and Seat have a new importer in Taiwan

May 18, 2009 | 09:43pm CEToriginal
Volkswagen’s car brands Skoda and Seat will be imported to Taiwan by Liberty Motors. By the end of the year, the new agent plans to set up a dealer network of...
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Scrap bonus of GBP 2,000 took effect in UK, available for 300,000 motorists

May 18, 2009 | 07:24pm CEToriginal
The British scrap bonus will help to the Czech automotive industry as well. Skoda Auto, TPCA and Hyundai in Nosovice...
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Porsche launched production of its 5-door sedan Panamera in Leipzig

May 18, 2009 | 02:07pm CEToriginal
The car will be ready to order in the Czech Republic and Slovakia from the turn of July and August. The 2009 Panamera’s sales on the Czech market should reach...
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Ford offers significant discount for model range Transit till the end of June

May 18, 2009 | 01:28pm CEToriginal
Ford Transit Van is available for CZK 354,100 excl. VAT. Special offer can be combined with a lease...
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Volkswagen suspended merger talks with Porsche

May 17, 2009 | 10:33pm CEToriginal
Volkswagen appealed Monday's meeting, Porsche has reputedly no clear concept. However, there are other terms negotiated according to Porsche...
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Opel still threatened by bankruptcy if intentions of Fiat and Magna are not satisfactory

May 17, 2009 | 09:56pm CEToriginal
Magna aims to produce also cars of other brands in Opel’s factories in the case of entering it. The interest has been already voiced by carmakers…
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European sales of Skoda cars up by 0.4% in April, carmaker’s market share growing

May 15, 2009 | 08:57pm CEToriginal
Registrations of new passenger cars in the Czech Republic grew by 19% y/y in April, in Slovakia even by...
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