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Component manufacturers

Czech supplier to world tyre producers Kordarna in insolvency proceedings

May 28, 2009 | 10:42am CEToriginal
The company has run into problems mainly due to investments in Slovakia. Kordarna is though producing further on...
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Chinese company Beijing Automotive Industry additionally submitted bid for entrance to Opel

May 26, 2009 | 09:32pm CEToriginal
The Chinese company would keep the branches in Germany and would not dismiss its employees. The Government will publish a preliminary decision on the best offer on...
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Bridgestone: One third of Czech and EU drivers commonly drive with under-inflated tyres

May 26, 2009 | 01:23pm CEToriginal
Other way round every twentieth driver has too high pressure in the tyres. Insufficient depth of tyre pattern...
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Decision on Opel to be made by mid-week, interested subjects still improving offers

May 25, 2009 | 09:57pm CEToriginal
In case of inconvenient offers Germany's Economy Minister Guttenberg would be in favour of...
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General Motors might get a fourth bid for Opel sale

May 24, 2009 | 12:00am CEToriginal
Interest is apparently shown by one Chinese carmaker, which has sent GM executives so-called expression of interest on Thursday...
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Magna becomes the favourite for Opel takeover, decision to be made next week

May 23, 2009 | 11:34pm CEToriginal
Magna is preferred by the German political representation, Opel and GM too. Magna requires only a minority share...
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EuWe Eugen Wexler opened next production hall in Rokycany

May 22, 2009 | 07:24pm CEToriginal
A production for new Opel Astra model will be placed there and other orders will be added up from six carmakers…
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Czech producer of starters Magneton owes to some of its suppliers

May 22, 2009 | 01:12pm CEToriginal
The Brno Regional Court thus sent the company to insolvency proceedings. The company reputedly owes to the companies...
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Three year-old Czech plant of Dutch automotive supplier Priema being insolvent

May 21, 2009 | 07:30pm CEToriginal
The company has submitted the proposal for insolvency itself. Because of the econimic crisis and the subsequent significant drop in production Priema CZ owes...
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Another interested subject in Opel is investment company Ripplewood Holdings

May 21, 2009 | 10:46am CEToriginal
The company submitted an offer yesterday similarly as did the carmaker Fiat and the automotive supplier Magna...
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Cable harness division of concern Alcoa bought by investment fund Platinum

May 21, 2009 | 12:16am CEToriginal
Part of the purchase was also the Czech plant Alcoa Fujikura Czech in Stribro. The change of owner will not affect the production, but...
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Denso postponed decision to invest CZK 1.2 billion in plant extension in Liberec

May 20, 2009 | 09:51pm CEToriginal
In the case of Denso headquarters agreeing, the factory’s extension can be done in two years. The reason is mainly new contracts...
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Indebted Schaeffler abandoning plan of larger competitor takeover similarly as Porsche

May 20, 2009 | 07:38pm CEToriginal
On the contrary, the company now allows for a possibility of the takeover by Continental. Despite the crisis Continental invests in the Czech Republic...
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Skoda Auto to invest EUR 2 billion in products until 2013

May 20, 2009 | 03:42pm CEToriginal
One part will go to the Group’s new mini car which will be produced in Bratislava, Slovakia. From the Czech Republic there will be besides transmissions...
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German company Edscha as well as its Czech plant in insolvency

May 18, 2009 | 11:10pm CEToriginal
Edscha Bohemia owes to the revenue authority CZK 21 million. The next four creditors...
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Opel still threatened by bankruptcy if intentions of Fiat and Magna are not satisfactory

May 17, 2009 | 09:56pm CEToriginal
Magna aims to produce also cars of other brands in Opel’s factories in the case of entering it. The interest has been already voiced by carmakers…
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German automotive supplier Schaeffler might cancel 4,500 jobs

May 14, 2009 | 11:22am CEToriginal
Schaeffler, which obtained nearly 50% share in the larger German competitor Continental this year, is considered to be a candidate for...
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Continental ceasing production in France at expense of Czech Rep, Slovakia and other CEE states

May 13, 2009 | 09:50pm CEToriginal
The planned closure of a French plant in Clairoix is supposed to increase share of production in CEE countries in a division of tire production...
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Goodyear Dunlop Tires to unify management for Czech Rep, Slovakia and Hungary

May 12, 2009 | 04:35pm CEToriginal
There has only been the corporate management for Czech and Slovak markets so far. The restructuring is coming in context of changing the general manager's position...
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EC approved takeover of Czech company Cadence Innovation by Canadian Magna

May 7, 2009 | 06:34pm CEToriginal
This transaction will reputedly not seriously interfere with the economic competition. Only on the plastic bumpers market…
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Fiat denies information about the alleged plan to cancel 18,000 jobs

May 6, 2009 | 09:23pm CEToriginal
If Fiat takes Opel over, then there will be a threat of total or partial shutdown of the engines’ production in...
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Opel: Fiat plans to supposedly result in disappearance of up to 10,000 jobs in Europe

May 5, 2009 | 07:44pm CEToriginal
The German government still expects the submission of detailed plans for the Opel’s takeover from the Austrian-Canadian automotive supplier Magna...
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Fiat promised to keep Opel brand and its German plants

May 4, 2009 | 08:39pm CEToriginal
Fiat estimates Opel's stabilisation costs to EUR 5 to 7 billion. However, a Canadian car part manufacturer Magna is at stake as well...
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Fiat confirmed interest in German carmaker Opel

May 3, 2009 | 08:53pm CET, updatedoriginal
The interest in Opel has been also expressed by Canadian car parts manufacturer Magna International, which already...
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Robert Bosch significantly decreased revenues in Q1, expecting fall by 15% in 2009

April 24, 2009 | 02:08pm CEToriginal
The company expects a gross loss after last year’s profit of EUR 940 million. The world’s car production will, according to Bosch, fall by…
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