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Operating Sphere

New car sales in Germany jumped by 28% in August

September 2, 2009 | 10:09pm CEToriginal
Scrap bonus helped the situation, but financial means for it have been exhausted today. State premium helped the Czech carmakers as well; Skoda Auto is now handling orders from...
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RHJ International has increased offer for Opel share

September 2, 2009 | 06:45pm CEToriginal
Belgian investment company now offers EUR 300 million in cash instead of the original EUR 275 million for 50.1% share in Opel. At the same time, it reduced the guarantee demand...
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Peugeot 207 facelift: Lower prices, competition for Peugeot 908 ride, navigation for the first 500 customers

September 2, 2009 | 05:16pm CEToriginal
The carmaker has prepared also other hot offers for passenger and commercial vehicles in September, including the combination with service and finance...
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China to reduce car parts’ import duties

September 2, 2009 | 03:16pm CEToriginal
The cancellation of increased duties will not reportedly contribute to the boosting of the car part import to China, but there would be an easier way to get on the Chinese market for components for...
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Production of Japanese carmakers continued to decline in July

September 2, 2009 | 01:23pm CEToriginal
Production of Toyota Motor fell by about 20% y/y, Honda Motor’s by almost 25%. Nissan Motor was doing the best...
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Lisi Automotive to centralize production in Czech Rep to one location

September 1, 2009 | 11:07pm CEToriginal
The company therefore aims to save on transportation and administration. Lisi Automotive Form will build a new production hall in the current area in Cejc near Hodonin using investments...
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Toyota to cease production in joint factory with General Motors in USA

September 1, 2009 | 10:21pm CEToriginal
Production of models Corolla and Tacoma will be folded in Fremont, California in March 2010 and is about to move to...
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Renault and Dacia offering advantages for most of models in September

September 1, 2009 | 09:36pm CEToriginal
The most significant discounts are provided within financing through the Renault Finance and Dacia Finance, at each model...
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Number of voices not to support scrap bonus at September meeting coming from ODS

September 1, 2009 | 01:53pm CEToriginal
CSSD now expects that ODS will help them vote the President’s veto down. To the bill which introduces not only the scrappage scheme, they object…
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Nissan introduced another plan for dismissals in Spanish plants

September 1, 2009 | 12:52pm CEToriginal
The Japanese carmaker intends to decrease production by more than 60% in Spain compared to last year’s production…
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AAA Auto posted net profit of EUR 693,000 in H1

August 31, 2009 | 10:32pm CEToriginal
Car sale is growing in 2009 as well as the turnover ratio of cars in stock. The company registers a positive trend even in Q3...
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CCS: Fuel prices became cheaper last week

August 31, 2009 | 09:47pm CEToriginal
Price of a litre of petrol Natural 95 fell by 16 hellers on average to CZK 28.75, a litre of diesel is cheaper by...
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Chrysler and Nissan backed down plan for mutual car supplies

August 31, 2009 | 09:05pm CEToriginal
Nissan should produce small passenger cars for Chrysler from 2010. However, in the small cars‘ production Chrysler found a new opportunity in a form of a partnership with…
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Scrap bonus in USA boosted sales of almost 700,000 new cars during a month

August 31, 2009 | 03:05pm CEToriginal
Japanese carmakers cut a bigger share than the US ones. The most popular model bought within the scrap bonus program became...
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Toyota convenes over 688,000 cars into services in China

August 30, 2009 | 11:08pm CEToriginal
This is the highest number of such car convening in China. This is due to a defective electric window control. The convening action applies to models...
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German government aims to favour domestic producers of luxury cars after just ending scrap bonus

August 28, 2009 | 12:48pm CEToriginal
Currently, it is not favourable for German carmakers' employees to buy a newish car. The proposal came from the carmaker BMW...
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Dolnorakouska pojistovna has agreed with Kooperativa to take over portfolio in the Czech Rep

August 28, 2009 | 11:10am CEToriginal
The insurance company, which has also offered a damage liability in the Czech Republic, negotiated the transfer of over 6,000 contracts with...
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German government willing to accept offer for purchase odf Opel submitted by RHJ under certain conditions

August 28, 2009 | 10:40am CEToriginal
The improved management of General Motors in the last months does not force the US carmaker to sell Opel…
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Timken sold production of bearing needles to JTEKT

August 28, 2009 | 09:19am CEToriginal
The US company is thus leaving the business after six years. Parts of the transaction for more than USD 300 million are also Timken’s activities in the Czech Republic…
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Giant project of A. Charouz group in Prague - Sterboholy for several billion crowns to be probably delayed

August 27, 2009 | 09:39pm CEToriginal
The first phase includes a giant showroom with an offer of more than 35 brands and four-star hotel should be originally finished in 2011, but...
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Toyota to decrease production capacities by up to 10% round the world due to crisis

August 27, 2009 | 12:39pm CEToriginal
The attenuation in three plants in Japan, Great Britain and USA would decrease production capacity by 700,000 cars. Nevertheless, Toyota is said to be considering a stronger cut-down…
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State holding Russian Technologies intends to establish new automotive group

August 27, 2009 | 11:46am CEToriginal
This would include Russian carmakers AvtoVAZ and Kamaz. However, Europen carmakers have shares in them...
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UOHS re-included company Domansky to Lesy CR tender for 130 off-road cars, and it has won contract

August 27, 2009 | 10:37am CEToriginal
Original winner, the company Autocentrum Pardubice, failed by a few thousand crowns only. UOHS continues dealing with other controversial tender of Lesy CR...
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General Motors may keep Opel, German government denies that

August 27, 2009 | 09:06am CEToriginal
Allegedly, GM is considering a way to obtain USD 4 billion—with their help it could afford to keep the loss-making Opel. Head of GM wants to have the plan ready by…
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Investors buy VW shares in Czech Rep by 45% more expensively than in Germany

August 26, 2009 | 08:50pm CEToriginal
VW shares transactions are reaching a record level on the Czech stock exchange RM-System. Strong interest has even prevented company Fio from market maker business...
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