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Operating Sphere+Region

Trade unions negotiated salary increase of CZK 550 in Czech plant of Bosch in Jihlava

December 6, 2011 | 10:06pm CEToriginal
It is less than in the previous year, but unions are still satisfied. The average wage in manufacturing, other employee benefits...
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Volkswagen plans for new plant in China

December 6, 2011 | 09:56pm CEToriginal
Location, the initial investment and production capacity, production start, models produced including the Skoda brand...
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Accusation of attempted fraud and bribery brought in case of tender of Czech army

December 6, 2011 | 09:49pm CEToriginal
Both charges relate to demanding a bribe of USD 5 million from the truck manufacturer Tatra. Details...
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Nissan began offering extended warranty for new cars in Slovakia

December 6, 2011 | 01:20am CEToriginal
Insurance partner, variants, affected models, prices, purchase options, assistance services...
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Sales of new cars up by 4.5% in Czech Rep in November, sales of LCVs by 10.2%

December 6, 2011 | 01:11am CEToriginal
Registrations of trucks went up as well, registrations of buses fell. The growth was driven by brands Hyundai, Volkswagen and Kia. Details...
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Chinese bank interested in stake in Saab, reportedly Bank of China

December 5, 2011 | 06:28pm CEToriginal
Swedish Automobile continues negotiations with Youngman, the company Pangda is said to be replaced in the transaction by the Chinese bank...
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CCS: Fuel slightly cheaper in Czech Rep last week

December 5, 2011 | 06:12pm CEToriginal
The price of petrol fell by 5 hellers, diesel by 1 heller. Analysts’ expectations for this week...
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Direct intends to further develop cooperation with partners in sale of insurance to consumers

December 5, 2011 | 12:31am CEToriginal
The potential of branded insurance in the Czech Republic, the price level for each brand, a new collaboration with AAA Auto, an event with Opel...
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UniCredit Leasing introduced new business model following brand financing in Czech Rep

December 5, 2011 | 12:24am CEToriginal
The project called Commodity lines is designed for SME, but allows the same benefits (products, promotions, graphic lines, support)...
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Problems with Honda airbags continue, automaker announced additional recall

December 5, 2011 | 12:18am CEToriginal
Now, it is going to call on the owners of more than 300,000 cars for inspection. The affected regions, models and years of production...
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Martin Jahn to lead Czech Automotive Industry Association for two more years

December 5, 2011 | 12:06am CEToriginal
Pavel Juricek was confirmed as vice president and the representatives of Hella Autotechnik and Skoda Auto were newly elected. A new agreement with the unions...
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Ceska pojistovna has established separate sales points at selected post offices

December 4, 2011 | 11:44pm CEToriginal
Their offer will be wider than the one at the standard counters of Ceska posta. The number, location, branch strategy...
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Karol Gula became new head of Nissan in Slovakia

December 1, 2011 | 11:57pm CEToriginal
He has left the carmaker Honda after 13 years. He replaced Vladimir Holik, who...
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QBE Insurance prepared third variant of GAP insurance in Czech Rep

December 1, 2011 | 11:53pm CEToriginal
The insurance StopGAP covers the decline in market value of the car in case of total loss or theft. Details, options, limits, prices...
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Sale of Saab to Chinese investors Youngman and Pangda being prevented by GM’s approval only

December 1, 2011 | 11:47pm CEToriginal
The transaction has been reportedly confirmed by all parties including the Chinese government. The possible renewal term of production in case of coming to an agreement with GM...
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Porsche Holding Salzburg made changes in management of Import Volkswagen Group

December 1, 2011 | 12:02am CEToriginal
Two divisions of the Czech representation of Volkswagen Group will have new heads. Details...
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Polar Mobil narrows its team in uncertainty about Saab future

November 30, 2011 | 11:49pm CEToriginal
This independent importer of Saab in 10 CEE countries has centralized a number of its activities to Hungary. Marek Safarcik leaves the company...
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Two charges to be made in case of purchase of Tatra trucks for Czech army

November 30, 2011 | 11:42pm CEToriginal
Martin Bartak (former Minister of Defence), Michal Smrz (MPI Group), Petr Ptacek (Praga), Marek Dalik (lobbyist) are reportedly involved in the alleged corruption around the tender...
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Skoda Auto prepares SUV larger than Yeti

November 30, 2011 | 03:11am CEToriginal
Development of the eighth model series has just begun. It is expected to go onto the market after a generational replacement of all current models. Details...
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Auto Stangl is insolvent, proposal submitted by financing bank

November 30, 2011 | 03:08am CEToriginal
The main creditor, the amount of claims, deposits including pieces of real estates and car veterans, financial results of the Czech auto part distributor and network of service shops...
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Carmakers shortened interval for ordering parts from months to weeks during crisis

November 30, 2011 | 02:59am CEToriginal
Many suppliers cannot plan (investments, HR) due to the uncertainty. Extreme cases...
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Skoda accepted 1,000 orders for Citigo in Czech Rep in first month of sales

November 30, 2011 | 02:54am CEToriginal
The expected sales by the end of 2011, the most popular model, the pre-Christmas road show in shopping centres...
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Rehau expects to expand its second plant in Czech Rep

November 29, 2011 | 03:33am CEToriginal
Filling the current capacity in Jevicko, transferring orders from Moravska Trebova, an option on municipal land, the prepared mould production...
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Auto Palace opened its first Opel showroom in Czech Rep

November 29, 2011 | 03:21am CEToriginal
The showroom has found its place in one of the branches in Prague. A competition for an Opel Corsa, weekend car rentals from RentPoint or service inspections...
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Hyundai Motor to take control of import of cars to Germany

November 29, 2011 | 03:13am CEToriginal
The automaker thus continues to control the national branches in Europe. Details, similarity with the transaction of AutoBinck Holding in Central Europe...
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