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Operating Sphere

German car wrecks fit for scrapping not conveyed to Czech Rep

August 14, 2009 | 12:40pm CEToriginal
However, they end in other countries of Central and Eastern Europe. German criminologist investigation leads to Romania, Bulgaria, Russia, but also to...
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Supervisory Boards of Volkswagen and Porsche approved companies’ merger

August 14, 2009 | 11:28am CEToriginal
Volkswagen CEO Martin Winterkorn became a new Porsche head yesterday and he should also be in the lead of the merged group. The merger should be completed in...
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Sales of passenger cars in China up by 70.5% in July

August 14, 2009 | 10:42am CEToriginal
The overall sales of cars including trucks and buses went up by 64%. Demand for new cars was boosted by tax lowering and government support…
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Magna and General Motors supposedly agreed on purchase of share in Opel

August 14, 2009 | 10:02am CEToriginal
The agreement must be approved by management boards of GM and Magna and by trustee members with a controlling share of 65% in Opel after that. However, the competing interested subject RHJ is not out of play yet…
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Automotive supplier Magna fell in loss in Q2

August 14, 2009 | 09:14am CEToriginal
The company’s revenues went down by 45%. Magna was hit by a fierce drop of car production, which fell by 49% in North America and in Europe by…
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Porsche Inter Auto opened new Skoda showroom in Hradec Kralove

August 13, 2009 | 09:12pm CEToriginal
New complex for CZK 140 million will offer service facilities for brands Skoda, Audi, Volkswagen and Seat. Annually, the company would like to sell...
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USA approved money increase of scrap bonus by USD 2 billion

August 13, 2009 | 07:56pm CEToriginal
According to major carmakers, the current program helped not only to their companies but also to their suppliers, steel producers and...
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Japanese tyre producer Bridgestone fell in loss in H1

August 13, 2009 | 03:53pm CEToriginal
The company will post a net profit compared to steady management expected earlier due to cost-cutting in 2009. Revenues should decline by…
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Fiat to take over Italian body shell designer Bertone

August 13, 2009 | 02:20pm CEToriginal
Fiat is about to take over all 1,137 employees of the company, plans its co-operation with the US carmaker Chrysler and in the following three years, it will invest…
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Volkswagen wants to increase production in Brazil by 39% by 2012

August 13, 2009 | 01:35pm CEToriginal
On account of accomplishing the aim, Volkswagen requires that its suppliers in Brazil increase capacity and production. Production purchase of the carmaker should grow by…
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Trade unions and management of carmaker SsangYong agreed on dismissals

August 13, 2009 | 12:48pm CEToriginal
Negotiations of management with trade unions accompanied by a strike lasted two and a half months. Another South Korean carmaker Hyundai is transferring production abroad due to trade unions…
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Denny: AAA Auto plans to build network of car services based on franchising

August 12, 2009 | 11:43pm CEToriginal
Originally, the company wanted to open commercial car services within its branches. AAA Auto is already involved in the car service field...
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A. Charouz keeps expanding on the Czech market

August 12, 2009 | 11:14pm CEToriginal
It would like to bring other brands that are not yet presented here to the Czech Republic. At the same time, the company is not against the acquisitions of failing dealers...
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Former Toyota dealer Dajbych became Kia dealer

August 12, 2009 | 09:56pm CEToriginal
At the same time, the company Car Trade Pilsen ceased Kia car sale in Plzen. At present, the company offers its showroom for rent...
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Auto Kapl became new Hyundai dealer, opening showroom in Pisek

August 12, 2009 | 08:43pm CEToriginal
The company will in the newly built sales and service complex with two showrooms sell also cars of the brand...
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SkoFIN's total volume of business fell by 41 % in H1; rise is in loan financing

August 12, 2009 | 08:03pm CEToriginal
Taking only the financing of used cars, the number of concluded contracts and the volume of business decreased in H1 by...
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Toyota expanded Czech dealer network for new partner

August 12, 2009 | 07:16pm CEToriginal
Toyota has 12 authorized dealers with 22 showrooms in the Czech Republic at present. A new showroom has been opened in July by a company...
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General Motors and eBay testing online car sale in California

August 12, 2009 | 06:35pm CEToriginal
If the pilot operation is effective, companies will launch the car sale via Internet throughout the United States. Initially, in the GM’s e-shop offer there will be...
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German car wrecks fit for scrapping apparently end in Eastern Europe and Africa

August 12, 2009 | 04:49pm CEToriginal
According to the German criminologists, 5 to 10% of cars that should be scrapped had been illegally sold abroad. Resellers might therefore come to...
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Auto Esa prolonged action Car for school report till the end of August

August 11, 2009 | 05:53pm CEToriginal
When using the financing (loan or lease) the customer will moreover get a gift in the form of satellite navigation, and newly also...
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New car sales in Slovakia increased by 20.1% in July

August 11, 2009 | 05:13pm CEToriginal
Sale is still promoted by the scrap bonus. Cumulatively, the sale of cars up to 3.5 tonnes has since the beginning of the year increased y/y for the first time in 2009, namely by...
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CPP prescribed premium in vehicle insurance rose by 17.4% in H1

August 11, 2009 | 04:20pm CEToriginal
CPP strengthened third position on the damage liability market by increasing the number of insured vehicles to…
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CCS: Fuel prices in the Czech Rep almost stagnated last week

August 11, 2009 | 03:49pm CEToriginal
Petrol became slightly cheaper, diesel went up a little. The fuel prices are going to rise sharply, namely up to...
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Staff of Russian carmaker Avtovaz called for company’s nationalization

August 11, 2009 | 03:11pm CEToriginal
The company plans to reduce working hours to 20 per week from September and monthly wages of the employees are therefore going to fall by...
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Car sales in Britain rose in July for the first time in 15 months

August 11, 2009 | 02:35pm CEToriginal
The reason of this development is the introduction of scrap bonus. However, for the first seven months of this year sales declined by...
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