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Car financing in Czech Rep fell by 6.7% in Q1, Toyota Financial Services and Arval being movers of the year

May 21, 2010 | 03:18am CEToriginal
There were also other companies growing, namely SkoFIN, UniCredit Leasing, Credium and ALD Automotive. Changes in the Top 10 ranking, changes in the volume of financing, the reasons...
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Further legal actions against Porsche in US could jeopardize planned merger with Volkswagen

May 21, 2010 | 02:43am CEToriginal
The carmaker Porsche could pay USD 7 to 9 billion for alleged stock market manipulation in connection with an attempted takeover of Volkswagen...
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New head of advertising and media for Citroen in Czech Rep Katerina Juranova

May 20, 2010 | 01:48am CEToriginal
She will replace Lenka Martinova in the office, who is going on maternity leave. Juranova has so far worked...
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Benet Automotive to concentrate production to new plant in Czech Rep and expand its activities with new production

May 20, 2010 | 01:22am CEToriginal
The Czech manufacturer of bumpers and spoilers for Skoda cars will move from Mlada Boleslav to Milovice. New project...
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Forschner to build new plant in Czech Rep

May 19, 2010 | 12:54am CEToriginal
This is both because of the cost reduction as well as the new contracts from manufacturers of passenger, commercial vehicles and buses. The location, customers...
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Yazaki to close one of two Slovak plants

May 19, 2010 | 12:43am CEToriginal
Over 1,200 people will lose their jobs in Prievidza. Conversely, the company is increasing production capacity at the plant in Michalovce and will recruit additional staff...
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Stephane Chauville became Nissan sales head for Central Europe

May 19, 2010 | 12:31am CEToriginal
Former Opel country manager for the Czech Republic and Slovakia will be responsible for Nissan's four countries. Its predecessor, Szymon Walusz...
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Direct Pojistovna extends its activities of insurance sales through partners, having launched Affiliate program

May 18, 2010 | 11:56pm CEToriginal
It rewards website owners for mediated calculations or negotiated insurance. The amount of reward, the actual number of partners...
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U.S. government not to ask local carmakers and suppliers to repay entire loans

May 18, 2010 | 11:40pm CEToriginal
The government will forgive 40% of the total volume of loans to the automotive industry. Chrysler has already repaid half the loan. Financial results of Chrysler and GM in Q1...
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Barum Continental: Volume of orders and production at pre-crisis level in Q1

May 18, 2010 | 12:30am CEToriginal
The company made a number of economy measures in 2009, reduced the number of workers, prices of raw materials are rising though. Last year the company increased profit along with a decline in revenues...
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No strike at Slovak Delphi plant, management of company agreed to salary increase

May 17, 2010 | 11:50pm CEToriginal
The company has agreed with unions on wage growth by 4.5% and an increase in compensation money in the event of dismissal. The average wage at Delphi in Slovakia...
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AGC Automotive plans to expand production of automotive windscreens in Czech Rep

May 17, 2010 | 01:56am CEToriginal
By 2014, it intends to build new lines in its plant in Chuderice. The reason is an expected car market recovery and a bigger glazing of new models. Customers and details...
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Auto-Exner: Aston Martin Rapide from EUR 151,260 excl. VAT, Bentley Mulsane from EUR 300,000 excl. VAT

May 17, 2010 | 01:23am CEToriginal
The Bugatti Veyron can now be ordered in the Czech Republic, the limited edition Aston Martin One-77 is not yet sold out and production of the Lamborghini Murcielago has ended…
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Renault aims to strengthen commercial vehicle segment

May 17, 2010 | 01:07am CEToriginal
The expansion of Renault Pro+ network in 20 countries including the Czech Republic, the eco-version of Renault eco² for commercial models, commercial EVs, new models Master and Kangoo Express Maxi...
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Dana Pavlouskova became new PR manager of AAA Auto

May 17, 2010 | 12:44am CEToriginal
The post of a communication head has been held by Vladan Crha, who left the company. The previous position of Pavlouskova and the new one of Crha...
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Skoda Auto plans further extra shifts, this time during company holidays in July

May 14, 2010 | 02:52am CEToriginal
The reason is a great interest in models Superb, Superb Combi and Yeti, but also in the 1.2 TSI engine. It will affect not only the plant in Kvasiny...
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Ivan Vodicka to leave Ceska pojistovna, Pavel Rehak to be new CEO

May 14, 2010 | 01:56am CEToriginal
Rehak has thus been promoted from the position of deputy manager for client services. The personnel change will occur on...
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CSOB Pojistovna took over marketing activities of its parent company CSOB

May 14, 2010 | 01:28am CEToriginal
At the same time it has created a post of marketing head, which has been filled by Petr Kleiner on May 1. His first task will be...
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Rieter to expand production in Czech Rep and operate in another place

May 13, 2010 | 01:54am CEToriginal
Even in 2010, the company will employ 80 people in Bor near Tachov. Rieter will use a hall of 6,200 m2 for the implementation of a new contract from the German carmaker...
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Bosch: World car production to rise by 50% by 2020, production of electric cars 30 times

May 13, 2010 | 01:24am CEToriginal
Electric drive is expected to rule other fields outside the automotive industry as well. The expected production of cars and electric cars in 2010 and 2020...
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Slovak unions at Delphi plant in Senica convened strike on May 18

May 13, 2010 | 12:57am CEToriginal
The company is not willing to accept their demands for the wage increase and production guarantee for a certain period. Details of the collective bargaining...
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Bosch Diesel to invest EUR 26 million in production expansion in Jihlava in 2010

May 12, 2010 | 12:51am CEToriginal
The company is building a new line for production of the CP4 pump there and is considering another one. Production volumes, plans, customers, parameters of the CP4 pump, the CP3 pump...
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Czech anti-theft systems manufacturer Construct expands to Asia

May 12, 2010 | 12:26am CEToriginal
It has begun to supply Malaysia with gear lever locks. The local partner, the planned volume of supplies, prices, expansion to other countries...
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Delphi restrains production in Czech Rep, to dismiss 700 employees in Ceska Lipa

May 11, 2010 | 11:47pm CEToriginal
The reason is the ending production for Audi and BMW. Supplies for the most important customer Skoda Auto have also dropped...
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EU imposed provisional anti-dumping duties on Chinese aluminum wheels

May 11, 2010 | 10:59pm CEToriginal
The EC established the duties in response to complaints of the European manufacturers for allegedly unfair competition of the Chinese production, which is used by European carmakers such as...
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