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Yang: Hyundai Kia Automotive Group plans to increase production capacity by 12% by 2012

March 2, 2010 | 01:38am CEToriginal
Current and anticipated production capacity of the group in 2009 and the outlook for 2010 and 2011...
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BMW plans to expand production abroad, especially in Asia

March 2, 2010 | 01:13am CEToriginal
In the future, proportion of domestic plants to the total production of the carmaker is expected to fall from the current 70% to...
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Renault doubled production capacity of Moscow-based factory

March 2, 2010 | 12:43am CEToriginal
Renault hopes that it will succeed in boosting its sales in Russia by the aid of the scrap bonus. The plant will extend the production for other Dacia models...
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Precision Tune Auto Care plans to expand in CEE, Czech Rep to be pilot country in region

March 1, 2010 | 07:59am CEToriginal
The franchise network of service stations is also interested in Asia and Africa. Consulting company for entry into CEE has been conducting negotiations in other countries...
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EXPECTED DEVELOPMENT IN AUTOMOTIVE: Volkswagen to invest EUR 500 to 600 million in Slovakia between 2009 and 2011

March 1, 2010 | 07:47am CEToriginal
One half will go to the new model range. In 2012, the production capacity in Bratislava will rise from the current 1,200 cars/day to...
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EXPECTED DEVELOPMENT IN AUTOMOTIVE: TPCA expects production growth in 2010

March 1, 2010 | 12:34am CEToriginal
The company increased its production capacity, accelerated the tact time, and is also able to cover the increased demand from parent carmakers by extra shifts...
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General Motors trying to sell Hummer to earlier candidates

February 28, 2010 | 11:51pm CEToriginal
GM reportedly addressed at least four companies from China. Two candidates wanted to buy only a part of Hummer last year, the other two the whole carmaker. Analysts point out...
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SAP: Trade unions demand increase in wages by 5% in 2010, companies considering maximum of 1.5%

February 28, 2010 | 11:46pm CEToriginal
Salary growth reached only 0.7% in 2009. The current wage situation in the carmakers Skoda Auto, TPCA, Hyundai Motor Manufacturing Czech and Tatra...
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China did not allow Sichuan Tengzhong to buy carmaker Hummer, GM to terminate its activities

February 26, 2010 | 02:27am CEToriginal
However, GM has promised continued warranty validity for the Hummer vehicles and the availability of spare parts...
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Domansky extended portfolio of offered brands, opening Volkswagen showroom in Zdiby

February 26, 2010 | 02:14am CEToriginal
It is a first subcontractor’s activity of the company. Volkswagen became the fourth brand in the portfolio, replacing...
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EC launched antitrust investigation of manufacturers of electronic components for cars

February 25, 2010 | 11:48pm CEToriginal
The EC has already carried out unannounced inspections in several companies. The investigation focuses on systems...
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FBI conducted raids in three Japanese automotive suppliers, Toyota having share in two of them

February 25, 2010 | 11:02pm CEToriginal
The reason is possible cartel behaviour; the investigation is being coordinated with the European regulatory authorities. It is a company Denso, Tokai Rika and Yazaki...
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US franchise network of service shops Precision Tune Auto Care intends to enter Czech Rep

February 24, 2010 | 09:54pm CEToriginal
It will be the third country in Europe after Portugal and Spain. The company is now looking for a partner for licensing in the Czech Republic. Plans and conditions...
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Spyker Cars completed purchase of Saab from General Motors

February 24, 2010 | 09:39pm CEToriginal
At the same time Saab applied to end liquidation process. Saab and Spyker will operate under the parent company Spyker Cars NV. For shareholders in Spyker this means…
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CSOB Leasing concluded 600 contracts on short financial leasing for CZK 450 million so far

February 24, 2010 | 09:06pm CEToriginal
The company has reached this objective over seven months. However, the government exception is about to expire…
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Data of Opel losses in Germany reportedly reduce state aid’s expectations

February 24, 2010 | 08:42pm CEToriginal
German activities of Opel were loss-making in 2007 and 2008, and therefore, the company might not have to meet the criteria for state aid...
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SAP: Number of workers in Czech automotive industry down by 14,000 people in 2009

February 24, 2010 | 12:15am CEToriginal
The decline in the number of staff almost exclusively occurred in H1. However, the average wage rose by...
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Labor inspectorate revealed a number of serious shortcomings in Czech plant of Hyundai

February 23, 2010 | 11:04pm CEToriginal
The plant is facing administrative proceedings and a fine up to CZK 2 million for violation of the Labor Code. The irregularity refers to mandating overtime but also…
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Hyundai to start third model’s production in Nosovice few months earlier, in autumn 2010

February 23, 2010 | 04:10am CEToriginal
Hyundai Motor Manufacturing Czech has been stating 2011 so far. The date of production’s start as well as the name of the model...
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Toyota to suspend car production in France and Britain

February 23, 2010 | 03:40am CEToriginal
The carmaker tries to limit the adverse effects of the decrease in sales which it expects in connection with extensive corrective actions. Dates of the downtime...
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Skoda Auto to supply 2,000 Octavia cars to Iraq for local taxi services

February 23, 2010 | 03:22am CEToriginal
Skoda may import cars into the country duty-free thanks to the support of the Iraq regional government in Kurdistan. The contract’s value...
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MVC Automotive Group expands in Europe, to build multi-brand sales and service complex in Czech Rep

February 22, 2010 | 04:16am CEToriginal
Construction of the car centre will begin in 2010, opening is planned for 2011. The site, offered car brands, sales plans...
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Skoda Auto expects car production decrease in Mlada Boleslav in 2010, but growth in Kvasiny

February 22, 2010 | 03:54am CEToriginal
Current and planned production of individual models; Fabia Scout hatchback, Fabia RS, Roomster facelift, Octavia Tour...
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House of England plans to extend portfolio of British brands offered

February 22, 2010 | 03:31am CEToriginal
Now the company offers eight brands and is negotiating on two others. At the same time, the company seeks to obtain authorized service of two brands...
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Group of several Czech dealers and importers PMG Finance broke up

February 22, 2010 | 03:06am CEToriginal
The fate of individual companies and their activities - AuTec Group, A.M.T. Moravia, A.M.T. Group, A.M.T. mobil, DyCom Group, A.M.T. Defense/AmTec Defense...
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