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Tatra reduced loss in 2009, by contrast carmaker itself deepened it

May 31, 2010 | 01:32am CEToriginal
The group’s revenues fell by 45% to CZK 4.3 billion. Detailed results of the Czech truck manufacturer...
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Russian Technologies wants to raise stake in AvtoVAZ by 15 percentage points

May 31, 2010 | 01:24am CEToriginal
The Russian state would thus dominate the carmaker with 40%, Renault intends to retain its 25% share. Sales plan for 2010...
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New Audi dealer Autosalon Klokocka aims to sell up to 150 cars in 2010

May 28, 2010 | 04:11am CEToriginal
It has now opened the Audi Terminal for CZK 130 million in Prague. Plan for 2011, the loyalty program, shift to Shell oils, other brands...
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New rules for car service and sale in EU: Changes in warranty validity, changes for multi-branded showrooms

May 28, 2010 | 03:46am CEToriginal
All measures should reduce the cost of carmakers and the price for customers in the service centres. Details of changes, including the validity...
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PSA to produce low-cost cars, starting production of new entry-model in Spain

May 28, 2010 | 03:33am CEToriginal
The new model will be sold by the carmaker under brands Peugeot and Citroen. Primary target markets and the place of production...
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UniCredit Leasing started to cooperate with Suzuki brand in cars and motorcycles financing in Czech Rep

May 28, 2010 | 03:28am CEToriginal
The first offer of the Suzuki Finance is a zero increase of instalments from 40% down payment. It is the 13th cooperation with a carmaker on the Czech market...
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s Autoleasing offers flood-stricken clients schedule of payments extension

May 28, 2010 | 03:16am CEToriginal
The refinancing of loan or lease is free of charge and the company will carry it out within an accelerated mode. However, this is conditioned by...
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Interest in new Opel Astra exceeded expectations, carmaker launching extra shifts in Gliwice-based plant

May 28, 2010 | 02:59am CEToriginal
The model’s registrations in Europe have increased by 54% over four months. The current number of orders is already approaching the planned sales for 2010...
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GE Money Auto: autoCredit with weekend stay attracts public; offer extended until July 31

May 28, 2010 | 02:46am CEToriginal
Over 1,730 customers made use of the offer in two months, choosing especially hotels in the Czech Republic. The special offer has increased the number of visitors on websites...
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Direct Pojistovna created new post of commercial director with responsibility for sales channels

May 27, 2010 | 05:09am CEToriginal
Roman Wojdyla, the former CFO, was appointed to the position. A new CFO has become...
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Great advertising sites in Czech Rep introducing defence against used-car frauds

May 27, 2010 | 04:53am CEToriginal
Tipcars.com has a button for an announcement o any objectionable advertisement, Sauto.cz promises the same in summer and on its website there is a warning on how to detect frauds...
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Nehodova sluzba accused Czech insurance companies of overcharging damage liability

May 27, 2010 | 04:34am CEToriginal
Those are allegedly higher than in Germany but lower than in Austria. The difference between the selected insurance companies and benefits paid...
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Erika Duchanova from UniCredit Leasing became new chairwoman of CLFA media committee

May 27, 2010 | 04:17am CEToriginal
Duchanova has been a member of the media committee for several years. She has replaced Bela Jaskova in office, who…
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U.S. government increased number of potential deaths associated with unintended acceleration

May 27, 2010 | 04:04am CEToriginal
In the past 10 years, it might have been linked with 89 deaths compared with the earlier 52 reported. Since 2000, the NHTSA has received complaints amounting to...
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Chinese carmaker Great Wall expands in Europe, seeking partners also in Czech Rep

May 26, 2010 | 03:32am CEToriginal
Great Wall has already addressed several dealers on the Czech market with an offer to sell its cars. Models, prices, sales plans, planned representations in Europe...
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Volkswagen to take over long-time supplier of development services Italdesign Giugiaro

May 26, 2010 | 03:14am CEToriginal
The German carmaker will obtain a share of 90.1% in the Italian company, the remaining 9.9% will remain in the possession of the current owner...
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Toyota Motor to suspend Lexus LS sales for three weeks

May 26, 2010 | 03:01am CEToriginal
Dealers in the USA, Japan, China and Europe, are waiting for parts delivery required for the VGRS repair, because of which the carmaker organizes the recall action...
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Demand for green cars in Czech Rep still low, CNG not enforced strongly

May 26, 2010 | 02:50am CEToriginal
The Car Importers Association (SDA) is thus preparing a support system for green cars. Sales of individual models in 2009...
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U.S. preparing rules for fuel consumption and emissions for trucks as well

May 26, 2010 | 02:39am CEToriginal
That would refer to trucks manufactured since 2014 whereas the rules for passenger cars and light utility vehicles will be applied from 2012. Details of plans...
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Leasing market in Slovakia fell by 8% in Q1

May 26, 2010 | 12:31am CEToriginal
While the consumer financing has decreased, companies recorded increase. Development in individual segments (cars, trucks, trailers/semitrailers, buses)...
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Shiga (JAMA, Nissan): Japanese carmakers concerned about debt crisis in Europe

May 26, 2010 | 12:12am CEToriginal
Their export is now strongly influenced by decreasing rate of the euro against the yen. Changing perspective on the European market...
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EU ministers agreed to promote green cars

May 25, 2010 | 11:50pm CEToriginal
However, some states are pushing solely to promote the production of electric vehicles. Positions of individual countries including the Czech Republic, estimates of the market development...
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Cetelem became another financial partner of Kia Motors in Czech Rep

May 25, 2010 | 01:27am CEToriginal
Cetelem offers wholesale financing to dealers. The first partner from among dealers, initial menu...
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Car sales of Skoda rose by 3.5% in April, by 18.6% over four months

May 25, 2010 | 12:54am CEToriginal
China takes the largest share in that with sales growth by 31.4% in April and by 92.6% over four months. Demand in particular markets, for separate models...
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Mercedes-Benz extended 'Free A-Class for One Year' special offer for GL in Czech Rep

May 25, 2010 | 12:32am CEToriginal
At the same, the carmaker has extended the action for the S model by the end of 2010. Parameters of both special offers, possibilities after 12 months including financing...
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