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Operating Sphere+Region

Crown syndicate to bid for carmaker Volvo Car this week

November 23, 2009 | 12:13pm CEToriginal
Ford has already been negotiation a sale of Swedish divions with the syndicate led by Chinese company Geely, which is offering Volvo...
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mmotion09: Super sports cars Ferrari and Maserati also to arrive at show

November 23, 2009 | 11:23am CEToriginal
Simultaneously with mmotion, art & interior exhibition and brand new MediArt fair of plastic and aesthetic surgery will be held. At mmotion09 Scuderia Praha will be showing cars...
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No scrap bonus in Czech Rep probably, CSSD backing out of it, government not planning it

November 23, 2009 | 10:23am CEToriginal
The Automotive Industry Association opposes with necessary steps to speeding up renewal of car fleet with respect to ecology and traffic safety again…
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Skoda Auto suspended some new projects, some of them to fall behind

November 22, 2009 | 06:43pm CEToriginal
The priority is to produce cheap and low-cost models now. A cheap middle class sedan will arrive after a mini car from Bratislava whereas the Octavia third generation and MPV will fall behind…
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Jaguar Land Rover to choose a new importer for Czech Rep by end of January 2010

November 22, 2009 | 05:38pm CEToriginal
Even though A.M.T. Moravia with showrooms in Brno and Ostrava has been insolvent, the sale in the Kolbenova Street in Prague has been converted to a new company…
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Domansky terminated sales of Mitsubishi cars in Zdiby near Prague

November 22, 2009 | 04:45pm CEToriginal
However, the company remains an authorized service partner of Mitsubishi. The reason of the end of cooperation is…
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New car sales in Czech Rep exceeded import of used cars from abroad after five years again

November 22, 2009 | 03:10pm CEToriginal
Even though car prices went down by 40% y/y, sales are still falling down. Small local showrooms are the worst off…
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IIR holds conference HR Managers’ Meeting 2009

November 22, 2009 | 01:25pm CEToriginal
The 12th year of the event has also a separate block of financial sector and production sphere. Representatives of insurance and automotive companies will also be speaking there...
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Tire producer Michelin plans to expand in Russia

November 22, 2009 | 11:28am CEToriginal
If Russian market revives in a year, Michelin will initiate projects for increasing capacity markedly and for expansion of distribution network…
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General Motors wants to keep all plants of carmaker Opel

November 22, 2009 | 10:41am CEToriginal
However, reduction of production capacities will occur and up to 10,000 jobs will be cut. GM will introduce a restructuring plan for Opel in…
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Supervisory boards of Volkswagen and Porsche approved details of merging the carmakers

November 22, 2009 | 09:39am CEToriginal
Volkswagen repeated that it would buy a 49.9% share in Porsche by the end of this year for…
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Santander leaves automobile financing in Central Europe, shifts interest to South America

November 20, 2009 | 02:27am CEToriginal
After having terminated cooperation with AAA Auto and Mazda in the Czech Republic and Slovakia, its partnership with Nissan on Czech market is running out…
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A.Charouz: We do not intend to cut current jobs within the group centrally

November 20, 2009 | 01:47am CET, updatedoriginal
The company has thus contravened an information of Autofox saying the group intends to cut 15% of jobs during November, 2009 until February, 2010...
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Hyundai: Scrap bonus CZK 30,000 to be last time extended in Czech Rep till end of year

November 20, 2009 | 01:22am CEToriginal
At present, the scrap premium applies to 400 stock cars i10, i20 and i30. The basic price of each car has thus reduced to...
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Volkswagen increased sales by 11.1% in October, Skoda Auto by as many as 33%

November 20, 2009 | 12:57am CEToriginal
The y/y decline in sales of Auto Skoda was only 1.7% over ten months of this year. The Czech carmaker has already surpassed the limit of 100,000 sold cars in China. Particular models…
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FleetCor intend to expand fleet management in Europe, buying Czech company CarNet

November 19, 2009 | 09:15pm CEToriginal
The existing fleet management and telematics Tracker in the Czech Republic, which has been bought by FleetCor in 2007...
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Two showrooms Audi Terminal to be opened in Prague Q1 2010

November 19, 2009 | 05:36pm CEToriginal
The second and third Audi Terminal in the Czech Republic, bringing service zone pit-lane, aluminium bodywork repairs and a separate sale of used cars, will be opened by dealers...
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Toyota Motor wants to have all its models with plug-in hybrid drive by 2020

November 19, 2009 | 04:32pm CEToriginal
Some Toyota and Lexus models will be fully electric. Toyota Prius plug-in and Lexus IS plug-in will come into the market in…
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A. Charouz expands in Moravia, bought another dealer in Brno

November 19, 2009 | 03:22pm CEToriginal
The A. Charouz Group has been formed by dealerships in Bohemia for a long time only. After company CARent, another dealer joined the group this year…
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Lexus plans on a slight growth in car sales in Czech Rep this year

November 19, 2009 | 02:39pm CEToriginal
Sales of Lexus in the Czech Republic have held a stable position of over 250 cars in recent years. Extending the number of selling points in Czech and Slovak markets…
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Reilly: GM to cut up to 10,000 job in Europe and plans to reduce production capacity by up to 25%

November 19, 2009 | 01:30pm CEToriginal
Therefore, one fifth of the total number of Opel’s employees would lose their jobs. The European Commission arranged a meeting on Monday…
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Petr Kohout left Essox to develop activities of affiliated company in Vietnam

November 16, 2009 | 08:30pm CEToriginal
Societe Generale plans for a large expansion in Vietnam. In the Czech Republic, Kohout will be replaced on the post of Essox financial and operations manager by…
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CCS: Driving fuels slightly cheaper in Czech Rep after three weeks of prices going up

November 16, 2009 | 07:30pm CEToriginal
Petrol Natural 95 became cheaper by 8 hellers on average to CZK 28.41/L last week and also diesel by 8 hellers to…
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AAA Auto: Over 62% of used cars bought on weekends this year, 47% of sales fall on weekends last year

November 16, 2009 | 06:30pm CEToriginal
According to AAA Auto, people also visit used car shops in the evenings on weekdays more. However, clients choose the cars on the web during the working time…
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Car sales in Europe up by 11.2% in October, down by 5% over ten months

November 16, 2009 | 05:29pm CEToriginal
October sales in Western Europe went up by 15.8% but went down by 36.9% in Eastern Europe. The exception was the Czech Republic…
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