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General Motors considers re-opening of some shuttered factories

January 13, 2010 | 12:25am CEToriginal
The carmaker cannot produce some models fast enough, namely...
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Car of the Year 2010 in CZ: Skoda defended primacy of previous year, Yeti won title this year

January 12, 2010 | 11:57pm CEToriginal
Skoda Yeti thus won such an award for a second time in the Czech Republic. In each category the following cars won...
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SDA: Price decline of new cars caused shift of interest in segment upwards

January 12, 2010 | 11:43pm CEToriginal
However, the prices of new cars have not declined so significantly in 2009. For example, last year’s average price of Kia cars declined by...
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Scotia Economics: Global car sale to significantly rise in 2010, in 2011 possibly exceeding current records

January 12, 2010 | 11:07pm CEToriginal
Double-digit growth might be apart from China, India and Brazil recorded on the US market as well, where it will be helped by...
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Fiat to satisfy government, increasing annual production in Italy by 50% in three years

January 12, 2010 | 10:56pm CEToriginal
However, the carmaker points out the lower productivity of the Italian factories compared with Poland and Brazil. Plant based in Sicily...
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Scrap bonus in Russia to start on March 8, only in quarter of regions and for models assembled in Russia

January 12, 2010 | 10:46pm CEToriginal
The problem can occur with a low number of scrap yards and a charge for disposal. The government expects an increase in demand for...
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Hyundai plan to strengthen its fleet sales in Europe, agreed to cooperate with ALD Automotive

January 11, 2010 | 11:58pm CEToriginal
The agreement includes a favourable price conditions for the sale of vehicles in 21 countries including the Czech Republic and Slovakia. Last year, the market share of Hyundai in Europe rose to...
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Benteler initiated production of aluminium bumpers in Czech Rep, taken over from Hydro

January 11, 2010 | 11:50pm CEToriginal
The company has employed 30 people in Ostrov, Tachov region. Manufacturer of cable harnesses Leoni has moved its production in Panattoni Park as well...
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Prices of cars sold on Czech market dropped by 1.7% m/m in December

January 11, 2010 | 11:35pm CEToriginal
New cars cheapened more than the used ones. Prices of spare parts and service works stagnated. Specific information...
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Audi wants to invest EUR 7.3 billion by 2012, mostly in Germany

January 11, 2010 | 11:21pm CEToriginal
The investments will go into production capacities, products and technologies. By 2015 the carmaker plans to increase the number of its models from the current 34 to...
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Sales of passenger cars and light commercial vehicles down by 6.7% in Slovakia in 2009

January 11, 2010 | 11:05pm CEToriginal
Skoda remained the most popular brand, followed by Renault and Peugeot. In the segment of trucks and buses...
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Saab executives reportedly opted for liquidation of the company

January 11, 2010 | 10:49pm CEToriginal
General Motors has appointed a company to supervise on activities related to shutdown of Saab which will take several months. GM is still evaluating bids for Saab...
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Egyptian state-owned company Trenco and its investors plan to build biggest tire plant in Middle East

January 11, 2010 | 09:52pm CEToriginal
Construction of the factory at the port of Alexandria should last two years. Annual production of tires for passenger cars might achieve...
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CCS: Fuel prices in Czech Rep grew rapidly by more than CZK 1, while stagnating in Slovakia

January 11, 2010 | 09:32pm CEToriginal
The prices of Czech petrol stations fully reflect the tax increase from the beginning of the year as well as the oil prices rise in recent weeks. In the following days...
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Ford agreed to sell Volvo Car division to Chinese company Geely

January 11, 2010 | 08:56pm CEToriginal
The signing of a definitive agreement is expected in Q1 and the transaction completion in Q2 2010. Volvo would therefore break into the Chinese market more...
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Mann+Hummel: Acoustic modules could solve problem with great quietness of electric cars and hybrids

January 11, 2010 | 07:55pm CEToriginal
It is also a simple means to increase the level of brand identification by the sound of the engine. The acoustic tube has found use in another Ford sports model...
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AVE decided to go on operational leasing in Czech Rep, LeasePlan to be provider

January 11, 2010 | 06:19pm CEToriginal
The company AVE has significantly increased its fleet in recent years. In the first phase LeasePlan will provide AVE CZ with 90 cars of brand...
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Volkswagen Passat CC in 2010: Decrease of list price + extension of standard equipment = CZK 72,000 in savings

January 11, 2010 | 05:42pm CEToriginal
In addition, BlueMotion version has been added and R-line packet has been discounted. In 2009, the Passat CC participated in sales of Passat model line by...
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Honda to possibly build new plant for passenger cars for EUR 150 million in China

January 11, 2010 | 04:30pm CEToriginal
Honda's new plant should stand next to the existing joint plant of a Chinese carmaker Dongfeng Motor. Honda's production capacity in China would therefore increase by...
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Kia in January: Special discounts, bonus in financing, free winter tires, action packet for Sportage

January 11, 2010 | 04:03pm CEToriginal
For the models Soul, Carens and Sportage, besides winter tires the customer also gets aluminium disks. Anniversary packet for the Sportage includes...
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Qatar increased stake in Volkswagen to 17%, and to acquire chairs in supervisory boards of VW and Porsche

January 11, 2010 | 02:48pm CEToriginal
Volkswagen also received from the European Commission an approval to take over the car dealer Mahag Group, which operates in...
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Audi offers equipment packets for A3, A4, A5, A6 and Q7 free of charge or at significant savings in January

January 11, 2010 | 01:48pm CEToriginal
Both comfort packet and S line sports packet are discounted. According to the model and motorisation more than CZK 100,000 can be saved...
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Toyota Motor developed clear paint with ability of auto-recovery

January 11, 2010 | 12:52pm CEToriginal
The modernized model Lexus LS has been equipped with it as the first car. The carmaker also introduces water-soluble paints into all manufacturing plants...
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Spyker submitted improved bid for Saab to GM, other two candidates in play allegedly

January 11, 2010 | 11:52am CEToriginal
Another offers were also probably submitted by two Swedish groups Genii Capital/Koenigsegg/Bernie Ecclestone and former boss of MAN Hakan Samuelsson...
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Passenger car production in Czech Rep up by 3.2% to record 970,000 cars in 2009

January 11, 2010 | 03:43am CEToriginal
In the segment of trucks and buses, the production fell. Specific details of individual manufacturers...
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