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Bosch to close factory in Wales, moving production to Hungary

January 18, 2010 | 01:58am CEToriginal
There will be 900 people left unemployed in Miskin-based factory. The production moving as well as the plant’s closure will be under way gradually in...
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Passenger car sales in Europe down by 1.6% last year, in December up by 16%

January 18, 2010 | 01:49am CEToriginal
According to PwC, it might fall by 6.2% this year. The markets, which were not supported by the scrap bonus in 2009, should keep at last year's numbers...
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AAA Auto extended guarantees, providing all cars over CZK 100,000 with Cebia Report

January 18, 2010 | 01:23am CEToriginal
The company newly guarantees that the car was not flooded during the floods, but mainly the mileage...
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Head of German carmaker Opel, Hans Demant, resigned

January 18, 2010 | 12:49am CEToriginal
Opel has also confirmed information about the temporary reduced working time in the German factories. Demant will be replaced by...
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French government aim to have greater influence on Renault management, considering raising its stake in carmaker

January 18, 2010 | 12:17am CEToriginal
France as the largest Renault’s shareholder with a share of 15% is considering raising the share to...
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Sales of Jaguar and Land Rover cars on Czech market to be managed by carmaker itself

January 15, 2010 | 05:09am CEToriginal
Jaguar Land Rover is yet another carmaker which has taken an importer’s licence in the Czech Republic over from a local partner. The composition of the dealer network...
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Head of Volkswagen Martin Winterkorn replaces Hans Dieter Potsch in supervisory board of Skoda Auto

January 15, 2010 | 04:47am CEToriginal
Potsch resigned from this office at the end of 2009. Winterkorn will also be proposed for a function...
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Production in Czech Hyundai plant running in full two-shift operation without overtime in January

January 15, 2010 | 04:33am CEToriginal
The collective agreement which is currently under negotiation is to solve mandating overtime. Unions will demand...
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Sarkozy to talk to Renault’s management of production place of Clio IV

January 15, 2010 | 04:28am CEToriginal
Renault is considering more possibilities of production of the upcoming generation of Clio. France as a shareholder requires placing the production in Flins...
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Sales of PSA Peugeot Citroen fell by 2.2% last year

January 15, 2010 | 04:05am CEToriginal
In 2010, PSA expects signs of recovery in demand around the world except Europe, where...
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Sweden still sees chance to rescue Saab, candidates keep dealing with GM

January 15, 2010 | 03:55am CEToriginal
Spyker Cars submitted an improved offer last week; Genii Capital is working on it. Attractive offer might according to GM stop the Saab’s closure...
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Skoda Auto to move production of Octavia form Bratislava to Vrchlabi a month later

January 15, 2010 | 03:41am CEToriginal
The reason is launching the production of a small concern car in Volkswagen Slovakia a bit later. The production will be moved in...
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2010 NAIAS: Detroit Motor Show to focus on electric, hybrid and small cars, 60 novelties to be presented

January 15, 2010 | 03:25am CEToriginal
It is being expected that by 2013 the proportion of smaller cars on the total US sales will rise from 32% (in 2009) to...
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Renault sales fell by 3.1% last year, its market share slightly increased

January 15, 2010 | 12:04am CEToriginal
While the sales of Renault cars fell, sales of the Dacia brand rose. This year, the carmaker expects decline of the European car market by...
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Volkswagen sales in China increased by 37% in 2009, subsidiary Skoda Auto doubled

January 14, 2010 | 01:26am CEToriginal
Volkswagen is expecting growth of the Chinese car market in 2010, namely by 10 to 15%. Last year's sales of other carmakers in China...
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Toyota Motor considering further production moving to North America, Prius still taken in account for Mississippi

January 14, 2010 | 12:55am CEToriginal
Japanese carmaker will launch 10 new and facelifted models on the US market this year. Within five years, also the electric cars and plug-in hybrids...
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Sales of passenger cars and light commercial vehicles in USA dropped by 21% to 10.4 million last year

January 14, 2010 | 12:09am CEToriginal
It reached the lowest level in past 27 years. This year, the sale might according to Barclays Capital Research increase to...
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Continental plans to raise issue of new equity shares

January 13, 2010 | 10:46pm CEToriginal
The company wants to reduce the debt incurred by takeover of VDO division from Siemens in 2007. New shares in the value of...
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Hyundai Kia Automotive Group intends to accelerate growth of vehicle sales to 17% this year

January 13, 2010 | 10:07pm CEToriginal
Last year the group increased sales by 10% to 4.63 million Hyundai and Kia cars. Sales of carmakers Hyundai Motor and Kia Motors...
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Car sales in Spain down by 18% last year but up by 25% in December

January 13, 2010 | 09:38pm CEToriginal
In H1 2010, sales are expected to grow by about 25% as well but to fall after an increase in VAT in mid-year. Therefore, the whole year...
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Pekny (SDA, Kia): Czech car market to be better served by faster depreciation than scrap bonus

January 13, 2010 | 04:19am CEToriginal
According to him, it would be good to extend the government action even after June 30 or reduce the deduction permanently. Faster recovery of company cars may generate high-quality used cars...
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Volkswagen increased sales by 1.1% in 2009, subsidiary of Skoda Auto by 1.4%

January 13, 2010 | 03:34am CEToriginal
While sales of Volkswagen passenger cars and Skoda brand went up, Audi, Seat and Volkswagen commercial vehicles recorded a decline...
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Johnson Controls increases its presence in Slovakia

January 13, 2010 | 01:04am CEToriginal
To four plants od the Automotive division and a technological centre for CEE, there will be added a global financial headquarters, which will be moved to Bratislava from...
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Hyundai Motor expansion to commercial vehicles segment: This year China, within three years USA, then Europe

January 13, 2010 | 12:49am CEToriginal
Hyundai is now going to set up a joint venture for heavy trucks production in China. Local partner, investment and production capacity...
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AAA Auto, Auto Esa: Demand for luxury used cars starting to revive

January 13, 2010 | 12:37am CEToriginal
Used car dealers expect growth in demand for used cars of domestic brand Skoda as well. In 2009, Auto Esa increased sales by...
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