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Skoda Auto to prolong December shut-down of Fabia and Roomster models production by one day

November 30, 2009 | 02:57pm CEToriginal
The carmaker will thus stop producing the models before Christmas—as early as December 18. Production of other models will end...
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Insurance companies in Czech Rep increased specified insurance premium by 2% in Q1-3

November 30, 2009 | 02:23pm CEToriginal
Regarding non-life insurance, the growth was 0.7%. The growth in the number of valid contracts within the non-life insurance reached 2.7% and was caused…
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Car sales in US start showing signs of stabilization

November 30, 2009 | 01:44pm CEToriginal
The sales stagnated y/y in October, went up by 12% m/m. A marked growth was registered by Hyundai, Subaru and Porsche while a strong decline by Chrysler…
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AAA Auto got to profit along with downturn of revenues by 46.3% in Q1-3

November 27, 2009 | 03:55pm CEToriginal
Car sales went down by 41.6% to 29,226 cars in Q1-3 due to shutting down foreign branches and the economic recession. The number of cars sold in Q3 declined by 36.2% to…
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Head of GM Europe: Future of Opel’s plant in Belgium uncertain

November 27, 2009 | 02:01pm CEToriginal
In the plant in Antwerp Opel produces model Astra. Within Opel’s restructuring, about 9,000 employees should leave; out of that in Germany…
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mmotion09 began in Prague on Thursday, organizers expect over 20,000 visitors

November 27, 2009 | 12:28pm CEToriginal
For the first time in the Czech Republic Infinity, Bentley Continental Supersports and Ferrari California cars can be seen there but there will also be oldtimers and helicopters. The next year…
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Toyota Motor to repair 4 million cars due to accelerator pedal in USA under pressure of authorities

November 27, 2009 | 01:48am CEToriginal
The event considers the best selling models Toyota Camry and Prius, as well as Toyota Avalon and Lexus ES350. For models produced since 2010...
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Daimler wants to increase its share in Kamaz to 25% from current 10%

November 26, 2009 | 05:34pm CEToriginal
Troika Dialog holds a 44% share in Kamaz and is willing to sell a part. Both companies are now negotiating the price which could reach…
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Electric car producer Tesla Motors reportedly considers entering stock exchange

November 26, 2009 | 03:35pm CEToriginal
The carmaker would thus follow producer of lithium-ion cells A123 Systems. The interest in IPO begins waking up slowly…
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Tata Motors increased net profit by 110% in Q3 along with growth of revenues by 13%

November 26, 2009 | 02:41pm CEToriginal
The data do not include its problematic division Jaguar Land Rover. The volume of sales went up by 17% in Q3. Regarding small car Nano, the carmaker have already delivered...
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BAIC could be interested in some Saab's assets

November 26, 2009 | 04:10am CEToriginal
The Chinese company, which was supposed to participate in taking over Saab by carmaker Koenigsegg, wants to strengthen its activities in…
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General Motors reputed to cut 8,700 jobs in Opel only

November 26, 2009 | 12:56am CEToriginal
The head of GM Europe has talked of cutting 9,000 to 9,500 jobs so far. Opel has around 85 suppliers in the Czech Republic…
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Scania’s operating profit down by 81.6% in Q3, less than expected by analysts though

November 25, 2009 | 06:32pm CEToriginal
Orders for new cars were going up due to Western European market stabilizing and have exceeded the level of deliveries. In particular…
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Porsche initiated advantageous service program for owners of more than seven-year old car in Czech Rep

November 25, 2009 | 06:19pm CEToriginal
Those can avail of a care of brand Porsche Centers in Prague and Brno and they will also receive a 20% discount for spare parts and a lower hourly rate…
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AAA Auto prepared program of car fleet optimization for small and mid-sized companies

November 25, 2009 | 05:17pm CEToriginal
It offers them to buy out a car from leasing or credit, car fleet reduction and replacing cars with smaller ones. AAA Auto wants to increase sales to entrepreneurs…
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German called upon other countries not to help Opel

November 25, 2009 | 04:42pm CEToriginal
The German government did not consider helping the carmaker by itself originally. The separate states are reportedly offering Opel a help amounting to…
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Benteler to purchase automotive division from Norwegian group Hydro

November 24, 2009 | 11:46pm CEToriginal
Hydro Automotive Structures will join Benteler Automobiltechnik division. The transaction includes Hydro’s activities in the Czech Republic as well…
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General Motors did not manage another sale, Koenigsegg lost interest in Saab

November 24, 2009 | 10:09pm CEToriginal
GM will be discussing the fate of the Swedish division in a week. GM is reportedly not negotiating with other clients either. The carmaker Saab is threatened by a loss…
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Ernst & Young: Return of sales to level before crisis does not have to mean improvement

November 24, 2009 | 08:49pm CEToriginal
Consumers currently tend to buy smaller and cheaper models for which there are smaller margins during production and sale as well…
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Customs administration in Hradec Kralove found fake spare parts for Skoda cars

November 24, 2009 | 07:07pm CEToriginal
The institution will be investigating origin of the forged bonnets, front masks and headlights. By monitoring the customs officers for forged goods found…
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CCS: Prices of driving fuels stagnated in Czech Rep and Slovakia last week

November 23, 2009 | 10:28pm CEToriginal
Petrol Natural 95 became slightly cheaper; the price of diesel went up slightly. In the following days due to weakening of Czech koruna…
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Current prospective buyers of Nissan GT-R in Czech Rep to wait for it several months only

November 23, 2009 | 03:51pm CEToriginal
Exclusive distributor for Czech market Auto Palace Vysocany can now satisfy several customers with deliver time in Q1 2010, particularly...
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Volkswagen separated Internet presentation of cars from LCVs in Czech Rep

November 23, 2009 | 02:40pm CEToriginal
The aim is to make Volkswagen Commercial Vehicles more visible and at the same time to target advertising campaigns better. There are three new sections on both websites...
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Ford wants to invest USD 2.26 billion in increasing production capacities in Brazil

November 23, 2009 | 01:52pm CEToriginal
Car sales in Brazil should go up to a record volume this year. Local association of car dealers expects the sales to grow in 2010 as well by...
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Crown syndicate to bid for carmaker Volvo Car this week

November 23, 2009 | 12:13pm CEToriginal
Ford has already been negotiation a sale of Swedish divions with the syndicate led by Chinese company Geely, which is offering Volvo...
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Source: ECB, November 22, 2024