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Audi to invest EUR 900 million in assembly plant transition to manufacturing in Hungary

September 24, 2010 | 06:12am CEToriginal
It will create 1,800 new jobs. A transfer of part of the A3 model’s production to Hungary, the production plan for 2015...
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Tatra to dismiss 180 employees, reportedly up to 500 people

September 24, 2010 | 05:54am CEToriginal
However, they rae not going to get a written promise of re-accepting as in 2009. The time schedule and current status of orders...
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Czech plant of Toyota and PSA to reduce production from October, feeling end of scrappage scheme

September 23, 2010 | 04:47am CEToriginal
The situation will not affect permanent staff. Therefore, TPCA will produce by 10% fewer Peugeot 107, Citroen C1 and Toyota Aygo cars y/y...
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Bridgestone to increase price of tires by 3 to 6% in Europe in October

September 23, 2010 | 04:39am CEToriginal
The reason is the rising cost of materials, as well as maximum utilization of European plants and new investments in Eastern Europe. Further price increase in 2011...
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Smeral Brno to supply machine for cross wedge rolling to carmaker Skoda Auto

September 23, 2010 | 04:24am CEToriginal
Details of the machine, other references, business results, profit in 2009 and expectations for 2010...
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Opel to invest EUR 500 million in expansion of engines production in Hungary

September 22, 2010 | 02:53am CEToriginal
GM Powertrain will place the production of new downsizing Euro 6 engines there. The production initiation, deliveries to factories and models, the production expansion of Audi in the country...
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Foundry production in Czech Rep rose by 10% in H1, similar growth expected for full year 2010

September 22, 2010 | 02:10am CEToriginal
The market has thus recovered after the 25% decline in 2009. Savings, increased automation and job position merging reduces the number of workers in the field...
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Tatra to start seeking licencing partners for chassis supplies

September 21, 2010 | 03:42am CEToriginal
Simultaneously, the Czech truck manufacturer wants to strengthen sales for commercial purposes. New territories, new orders, schedules...
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Hyundai began to produce its all-new ix20 in Czech Rep, sales to start in October

September 21, 2010 | 03:17am CEToriginal
Main competitors, its basic price, the expected production of the Nosovice-based plant in 2010 and 2011, production of individual models...
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Some French and Italian carmakers trying to achieve four-month invoice maturity at their suppliers

September 21, 2010 | 03:02am CEToriginal
They are then facing a secondary insolvency. Requesting a discount for a shorter maturity at Skoda Auto, trouble-free carmakers...
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Vahland: Skoda Auto to double production by 2020

September 20, 2010 | 03:50am CEToriginal
The carmaker is going to put three new models on the market a year, to reduce the introduction time, to enter new markets and it aims to reach annual sales of 2 million cars in...
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Austrian fast service network Fastbox to expand abroad, entering Czech Rep

September 20, 2010 | 03:31am CEToriginal
The company took over the premises of Halfords there and, moreover, it plans to open more service shops with car accessories sale. Service results in 2009, partners, plans for the Czech market...
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Together with Winfried Vahland another manager came to Skoda Auto

September 17, 2010 | 01:40am CEToriginal
Rudolf Dreithaler has returned to the Czech Republic after a few years. His new-old position at Skoda Auto, the related personnel changes...
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Invelt began to repair car overnight, preparing pick-up service

September 17, 2010 | 01:29am CEToriginal
While the Overnight service will be free of charge, the Pick-up service will be for a fee. Details of the new services, the investments, sales results in 2009 and H1 2010...
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Kofron Martin left SkoFIN to join KPMG

September 17, 2010 | 01:12am CEToriginal
This happened after 14 years spent in the captive finance company of the Volkswagen Group. At KPMG he will be responsible for...
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Leading Japanese and European automakers start to make greater use of South Korean suppliers

September 17, 2010 | 12:27am CEToriginal
Thus, they give them the impetus to expand abroad. The views of several analysts, supply situation for automakers BMW, Toyota and Mitsubishi...
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E-mobility development will be financed with EU money in Czech Rep

September 16, 2010 | 02:00am CEToriginal
Ministry of Environment is preparing the conditions for drawing of funds from one operational programme. Launching, recipients of aid, the amount of money...
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CLFA: Financial leasing not decreasing dramatically, only blending with non-banking loans

September 16, 2010 | 01:20am CEToriginal
Reporting in the Czech Republic is different from the normal practice in the world. Only a slight growth in operating leases, the situation in Slovakia...
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Russia to increase funding for scrappage scheme by 70%

September 16, 2010 | 12:16am CEToriginal
Adding another RUB 14 billion to the 20 billion earmarked so far will extend the program by...
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Suppliers: Skoda Auto to replace range of Czech components manufacturers with Chinese ones

September 15, 2010 | 02:51am CEToriginal
They are able to offer lower prices and high quality is not a priority for the Skoda brand according to Volkswagen’s new strategy. Exceptions...
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Benteler acquired contract from Volkswagen for New Small Family mini cars

September 15, 2010 | 02:39am CEToriginal
Currently, the company is deciding whether it will assign it to the Slovak plant Malacky or to some of the Czech plants...
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Tili to help with e-mobility implementation in Czech Rep

September 15, 2010 | 02:29am CEToriginal
The first e-mobile office in Prague 13, cooperation with cities, a seminar held on September 16 in Prague, Open Days in Brussels, electric car Tazzari...
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Czech Foundry Association: China foundry companies aim to purchase Czech know-how

September 15, 2010 | 02:16am CEToriginal
They have been offering money for training and internships of their staff to the Czech companies. Alleged barter for contracts from the Expo fair in Shanghai, refusal to cooperate...
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Czech government began to solve issue of fraudulent speedometer manipulations

September 15, 2010 | 02:10am CEToriginal
There was an expert group appointed composing of 12 people who met last week. The representatives of the group, possible complications...
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Dynavix expanding abroad, planning to enter markets outside Europe

September 15, 2010 | 01:34am CEToriginal
After Slovakia and Poland, the company will sell navigations in Germany as well. Further expansion directions, voice commands from celebrities, special navigations for trucks...
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