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Operating Sphere+Region

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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Auto Diskont offers free navigation with each car above CZK 20,000

January 4, 2010 | 04:38pm CEToriginal
With a car that costs more than CZK 100,000, customers can then choose free winter tires instead of the navigation. The best-selling cars of the year 2009…
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Sales of German brands Audi, BMW and Mercedes-Benz up in November again

January 4, 2010 | 03:57pm CEToriginal
BMW’s worldwide sales went up by 11.5%, sales of Mercedes by 16% and sales of Audi by 8.9%. However, the reason of the growth is mainly Chinese market…
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Hyundai stopped selling cars in Japan after eight years

January 4, 2010 | 02:24pm CEToriginal
It will be selling there commercial vehicles only in future. Since 2001, number of Hyundai cars sold in Japan reached...
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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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Renault to launch low-cost off-road model Dacia Duster on European market in spring

January 4, 2010 | 12:27pm CEToriginal
The car will be initially produced in Romania, but later its production will be also launched in...
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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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CCS: Fuel prices in Czech Rep remained almost unchanged last week

December 30, 2009 | 09:40pm CEToriginal
Natural 95 went up by an average of 5 hellers to CZK 28.14/L, diesel decreased the price by...
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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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Volkswagen Service Quality Award 2009: Autocentrum Elan has best Volkswagen car service in Czech Rep

December 29, 2009 | 09:54pm CEToriginal
It is the only Czech Volkswagen dealer, who fought its way into 100 winners in Europe, Russia and Turkey...
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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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Car production decline in Britain slowed to 6.7% in October

December 29, 2009 | 05:56pm CEToriginal
It is the modest decline since the beginning of this year. In the first ten months, the production fell by...
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IIHS: Ford, Volvo, Subaru and Volkswagen being safest cars

December 28, 2009 | 10:36pm CEToriginal
Six cars belonging to the carmaker Ford got onto the list of safest cars. Carmakers Subaru and Volkswagen...
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Sales of Volvo trucks fell by 41% in October

December 28, 2009 | 10:30pm CEToriginal
The company has registered the biggest decline in Europe, on the contrary, the lowest sales’ drop was in North America and Asian countries. However, sales increased compared with September...
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CCS: Fuel in Czech Rep cheapening before Christmas, more moderately in Slovakia

December 28, 2009 | 10:24pm CEToriginal
Natural 95 and diesel at Czech filling stations became cheaper by more than 10 hellers, specifically...
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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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Car sales in Russia dropped by 46% in November

December 17, 2009 | 12:51pm CEToriginal
The decline in sales slightly slowed down from 52% in October though. During January to November, the sales dropped y/y by…
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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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Axa does not intend to increase insurance rates from January 2010, to expand assistance services

December 17, 2009 | 01:57am CEToriginal
The reason is that Axa sets the insurance rate within damage liability according to engine power, and customers choosing new downsized engines…
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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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Renault and Dacia in December: Christmas discounts, guarantee of final price after VAT change, free damage liability during financing

December 16, 2009 | 02:50pm CEToriginal
The cheapest Dacia car is available for CZK 119,900 (Logan) and the cheapest Renault can be bought for CZK 154,900 (Twingo). Other models…
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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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Car sales up by 26.6% in Europe in November, down by 2.8% over 11 months

December 15, 2009 | 10:55pm CEToriginal
Scrap bonuses helped the growth. There is a distinct difference in registrations among Western and Eastern Europe…
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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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Source: ECB, November 22, 2024