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EC provisionally approved help to credit division of PSA Peugeot Citroen

February 17, 2013 | 11:47pm CEToriginal
The commission will make the final decision on the legality of subsidy after France submits a restructuring plan of Banque PSA Finance...
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Anthony Denny to withdraw shares of AAA Auto from stock exchange

February 15, 2013 | 02:00am CEToriginal
Denny has recently suspended the process of selling his stake; however, the company is reportedly still for sale. Plan to increase the value of the company five times...
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Skoda Auto plans sales growth in 2013, perhaps surpassing 1 million

February 15, 2013 | 01:52am CEToriginal
The reason is the expected double-digit growth in production of the best-selling model of the Octavia. Sales plans and expectations...
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Czech plant of Denso hit by fire, production not endanger

February 15, 2013 | 01:44am CEToriginal
Place of the fire in Liberec factory, number of evacuated employees, two injured, the extent of damage...
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European car and component manufacturers welcome EU-US plan on free trade zone

February 15, 2013 | 01:35am CEToriginal
The vision of involved parties, benefits, timing of meetings, contribution to GDP, the expression of ACEA, CLEPA and VDA...
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Benet Automotive wants to produce cars

February 14, 2013 | 02:21am CEToriginal
Oher Czech automaker, timing, considered segments, production volume, first concept cars of BT Etape a BT Cross Coupe, development in own R&D centre...
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Skoda Auto expected sales decline in H1, recovery should come in H2

February 14, 2013 | 02:08am CEToriginal
The reason is that a number of key models will undergo generational replacement or facelift. A slump in January by 7.8%, eight new products in 2013...
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Germany investigate entire former supervisory board of Porsche SE

February 14, 2013 | 12:09am CEToriginal
Investigation on the deception of investors in the planned Volkswagen take-over has thus been extended to some members of the Porsche and Piech families...
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Volkswagen considers producing Skoda commercial vehicles

February 13, 2013 | 03:02am CEToriginal
For the Czech carmaker it would mean further strengthening in fleet sales. Possible group synergies, fleet program...
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Benet Automotive to build new R&D centre in Czech Rep

February 13, 2013 | 02:51am CEToriginal
Location, details of investment, HR, results in 2012, Benet Group new companies, clients, new orders from Skoda Auto and Audi...
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Neuman: Citroen wants to increase its market share to 4% in Czech Rep in 2013

February 13, 2013 | 02:45am CEToriginal
Results in January, the best month during the recession, success factors, a new dealer in Bohemia and modernization of the dealership in Moravia...
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KYB to build its second plant in Czech Rep in different location

February 13, 2013 | 02:35am CEToriginal
In addition, it will be a JV with a Japanese partner. Location and parameters of the plant, construction in two phases, the amount of investment, HR, customers...
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EC: Current system of car consumption measurement overvalues reality, new one to be introduced in 2016

February 13, 2013 | 02:13am CEToriginal
Cars sold in Europe have, according to a study, higher fuel consumption and CO2 emissions than what manufacturers state. Influences not taken into account...
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Skoda Auto introduced new logistics concept with external interim storage facility in Czech Rep

February 12, 2013 | 01:15am CEToriginal
Logistics and IT partner, affected plants and models, suppliers and their components, the timing of implementation...
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PSA Peugeot Citroen to limit production in Slovakia in March as well

February 12, 2013 | 12:43am CEToriginal
Shutdowns in the Trnava plant will be in the same range as in February. Reduced salary during shutdowns, details...
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EP approved the milder of proposals to reduce noise from car engines

February 12, 2013 | 12:38am CEToriginal
Existing and new limits, the horizon of effect, suspicion of the Porsche’s influencing of Czech Deputy Miroslav Ouzky...
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Fiat plans steep expansion of Maserati and Alfa Romeo brands

February 11, 2013 | 02:18am CEToriginal
The amount of investment, production in Turin, expansion through Chrysler in the U.S., sales plans, new Maserati and Alfa Romeo models, prices...
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Nissan to finally invest EUR 130 million in Barcelona, it agreed with unions to reduce wages

February 11, 2013 | 02:05am CEToriginal
Threat of disinvestment in Spain has thus take effect. The new model, HR, production volume, gearboxes for EVs...
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Kia launched another purely local campaign in Czech Rep

February 11, 2013 | 01:58am CEToriginal
Author of the advertising campaign, affected models, connection to the previous rhymed campaign, the lack of outdoor...
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Unions rejected Skoda Auto’s first draft on new collective agreement

February 11, 2013 | 01:54am CEToriginal
The carmaker has proposed freezing the above-average wages in the Czech Republic and change the system of flexi accounts. Trade unions’ requirements...
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France might take stake in PSA Peugeot Citroen

February 11, 2013 | 01:49am CEToriginal
PSA has recently written off 28% of the carrying value of its factories and other assets, which will lead to loss deepening...
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Lula: Suzuki wants to maintain market share of 1.4% in Czech Rep in coming years

February 7, 2013 | 11:24pm CEToriginal
Results in 2012, the prepared S-Cross model, cooperation with winter resorts, expanding dealer network, service program for older cars...
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Autobond plans to add another brand in two Czech cities

February 7, 2013 | 03:44am CEToriginal
Currently on-going investment will increase sales and service capacity of this dealer of six brands in six cities...
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DB Schenker gained new Automotive clients in Czech Rep

February 7, 2013 | 03:36am CEToriginal
The company has therefore broadened the portfolio of contracts for auto parts manufacturers. Projects for carmakers Volkswagen, Skoda and Ford, new halls for ESAB...
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Tenza set aside foundry to independent company

February 5, 2013 | 11:45pm CEToriginal
Tenza Cast supplies 90% of its production to the automotive industry. Sales growth, production volume in Adamov plant, HR, clients...
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