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Honda dealer network in Czech Rep not struck by recession, some dealers implement investments even

January 5, 2010 | 11:40pm CEToriginal
One dealer in Bohemia and one in Moravia are rebuilding present showrooms; in Moravia one current dealer will build…
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Financing of cars Renault, Dacia and Nissan in Czech Rep newly covered by RCI Financial Services

January 5, 2010 | 07:18pm CEToriginal
It is the existing joint venture of UniCredit Leasing and RCI Banque, which has changed its name and taken on the Nissan brand...
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Chinese car market to grow this year despite tax increase

January 5, 2010 | 05:49pm CEToriginal
The pace of the growth is expected to slow down to approximately 15% from 50% expected in 2009. On the other hand, the Chinese government has increased the scrap bonus…
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Vapour tanks exploded in Czech plant of Avon Automotive, two people dead

January 4, 2010 | 10:27pm CEToriginal
The company will still be operating partially but there is a lack of vapour for some production technologies, for heating as well...
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TPCA President Yasuhiro Takahashi and Toyota's JV project manager Satoshi Tachihara exchanged positions

January 4, 2010 | 09:12pm CEToriginal
Takahashi has worked in TPCA for 3.5 years. Tachihara had already the Czech plant in charge within his former activities...
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General Motors to invest USD 336 million in factory for plug-in hybrids Chevrolet Volt

January 4, 2010 | 08:30pm CEToriginal
The carmaker plans to produce from 8,000 to 10,000 Volt cars in 2011. In some time, the production should increase to...
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China to increase tax on small car purchase to 7.5%

January 4, 2010 | 06:09pm CEToriginal
The measure comes a year after the tax had been reduced from 10% to 5%. The tax concerns vehicles with engine volume to...
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MAN to pay EUR 150.6 million fine to end corruption investigations

January 4, 2010 | 05:27pm CEToriginal
The company reportedly bribed to obtain contracts. As a result of the corruption scandal, chief representatives resigned from their posts in November, namely...
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New car sales in Britain up by 58% in November

January 4, 2010 | 01:27pm CEToriginal
It is therefore the fifth consecutive increase in a row. The result has been influenced by scrap bonus program but also by the effort of customers to avoid January VAT rise...
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PSA and Mitsubishi aim to deepen cooperation

December 30, 2009 | 11:26pm CEToriginal
Strategic partnership similar to Renault-Nissan alliance is in the game, but also a capital linkage of both companies. PSA might take a stake in Mitsubishi amounting up to...
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Skoda Electric to supply Sofia with 30 trolleybuses for CZK 370 million

December 30, 2009 | 09:19pm CEToriginal
Although trolleybus sale of the Pilsner-based company is going to fall this year, revenues will rise due to the production of traction engines. Specific vision of 2009...
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Michelin aiming to increase tire production in Brazil, Russia, India and China

December 29, 2009 | 07:43pm CEToriginal
Production capacities of passenger tires will be doubled in these countries, truck tires...
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Volkswagen plans to invest EUR 19.9 billion between 2010 and 2012

December 29, 2009 | 07:00pm CEToriginal
Simultaneously, the carmaker bought a factory of the German company Karmann in Osnabruck, and plans to start production of a new model there in...
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Indebted Russian carmaker AvtoVAZ looks for partners and investors for its subsidiaries

December 17, 2009 | 01:21pm CEToriginal
AvtoVAZ has already separated six companies from its key activities. Production of steel, industry instruments but also automotive components is concerned…
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Dusan Blasko from Volkswagen’s Czech representation retires

December 17, 2009 | 12:09pm CEToriginal
In leadership of VW’s division of commercial vehicles, Blasko will be replaced by Patrik Fejtek, current manager of used car sales. From January 1, the post will be occupied by…
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CSOB Leasing already informed clients on changes referring to increase in VAT rates

December 16, 2009 | 03:35pm CEToriginal
The change of VAT rates applies to all taxable payments from January 1, 2010 except for temporary arrangements for financial leasing...
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Management of Hyundai’s Czech plant agreed with trade unions, state of strike emergency terminated

December 15, 2009 | 11:27pm CEToriginal
Both parties will be solving other matters within collective negotiations. Moreover, employees should take part in a working Saturday on December 19 so that the company meets its production plan…
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Chinese company BAIC wants to produce cars under its own brand, bought technologies for older models from Saab

December 15, 2009 | 10:16pm CEToriginal
GM is still looking for an investor for Saab; dutch sports car producer Spyker is interested in it, among others…
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TPCA opened preventive health center for employees in Kolin

December 15, 2009 | 05:44pm CEToriginal
The centre is supposed to help people who return to work after injuries and surgeries not related to work. Carmaker Skoda Auto…
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Japanese carmaker Daihatsu Motor to renew representation in Czech Rep after 12 years

December 15, 2009 | 02:36am CEToriginal
Representation in other Central European countries is probably being prepared, too. Daihatsu cars share many components with Toyota, which owns…
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Faurecia centralizes separate productions of car components

December 15, 2009 | 02:10am CEToriginal
Its Czech plant in Pisek has terminated production of plastic interior components, but production of exhausts will grow up here next year…
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Vitkovice Cylinders want to deliver CNG bottles to carmakers as well

December 15, 2009 | 01:47am CEToriginal
While Vitkovice Cylinders deliver the bottles to companies executing transformations of cars to CNG. The Czech company is negotiating with carmakers though…
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Toyota to expand production in Canada, to create 800 jobs in plant in Woodstock

December 15, 2009 | 12:59am CEToriginal
The carmaker thus reacts to a high demand for the Toyota RAV4, whose production will grow after introducing a second shift to...
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Swedish truck producer Volvo AB to shut down plant in US

December 15, 2009 | 12:49am CEToriginal
In the plant in Asheville 228 employees will lose their jobs. The decision is a part of the company’s plan for a reduction of production capacities...
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HR MANAGERS’ MEETING 2009: Not brains but production workers to be missing in Czech Rep

December 15, 2009 | 12:37am CEToriginal
To educate employees and invest in them pays off nowadays because people do not leave companies but managers…
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