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Vehicle Segment

Financial division of PSA Peugeot Citroen might get state aid

October 18, 2012 | 02:08am CEToriginal
The government has been reportedly negotiating with French banks on the assistance for Banque PSA Finance, which would include state guarantees. Stage of the negotiations...
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Czech Post renewed cars distributing small packages after year, SkoFIN succeeded in tender

October 17, 2012 | 01:35am CEToriginal
The cars have been leased under operating leases. Fleet size, chosen Skoda cars and their parameters...
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Hella to expand two R&D facilities in Czech Rep

October 17, 2012 | 01:26am CEToriginal
The one is located in the Mohelnice plant, the second at the Technical University in Ostrava. Current production, HR, plans, customers...
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EV batteries manufacturer A123 Systems went bankrupt

October 17, 2012 | 01:18am CEToriginal
It is a supplier of lithium-ion batteries for Fisker. Sale of assets to Johnson Controls, the value of the transaction, the failure of Barack Obama’s green policy...
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Stratos Auto opened BMW dealership in Prague

October 17, 2012 | 01:06am CEToriginal
The company has thus entered the second city in the Czech Republic with one of its existing brands. Location, sales of BMW M-models and motorcycles...
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EU car sales fell by 10.8% in September

October 17, 2012 | 12:58am CEToriginal
The most pronounced drop in the last year, the worst September since 2003, positive developments in the countries outside the euro area, growth in the share of Skoda, KPMG’s comment, views of R.L. Polk...
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Conference on automotive industry in Czech Rep and Central Europe to be held in Brno in late October

October 17, 2012 | 12:46am CEToriginal
It is the ninth year of this professional event. Speakers from associations, carmakers, suppliers, banks, consulting firms, service providers...
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Woman became member of Leaseurope board for first time, head of Czech leasing association, Jirina Tapsikova

October 17, 2012 | 12:40am CEToriginal
She currently works as the head of the Czech branch of Volkswagen Financial Services. Tapsikova was nominated to the board by...
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Michal Backovsky left Avia Ashok Leyland Motors

October 16, 2012 | 12:05am CEToriginal
In the Czech plant of Ashok Leyland he was in charge of marketing and aftersales. His successor, another new member of the marketing department...
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Volvo Car to temporarily stop car production in Sweden

October 15, 2012 | 11:55pm CEToriginal
It is therefore another measure to reduce production due to lower demand in Europe. The term of outage, the models concerned...
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CNH rejected merger with Fiat Industrial

October 15, 2012 | 11:44pm CEToriginal
Fiat Industrial owns in a majority stake in CNH and will continue to strive for completion of the merger...
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CCS: Fuel prices fell in Czech Rep last week

October 15, 2012 | 11:35pm CEToriginal
Petrol went down by 10 hellers, diesel by 4 hellers. Analysts’ expectations for this week, the outlook of oil consumption in 2013 from the IEA...
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BMW to introduce service program for older cars Value Line in Czech Rep

October 14, 2012 | 11:41pm CEToriginal
BMW Value Line has already been running in several countries of Western Europe. Models, service packages, prices, independent activity of Renocar...
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Hyundai to open fifth dealership in Brno

October 14, 2012 | 11:22pm CEToriginal
The existing dealer of several brands is going to build the showroom from scratch. The company, location of the showroom and parameters, opening, dealer situation in the city...
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Skoda Auto to cut 200 jobs in Vrchlabi

October 14, 2012 | 11:11pm CEToriginal
The carmaker has offered the affected personnel the opportunity to work in other plants. The amount of severance pay, the deadline for a decision...
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AutoDesign Prague 2012: Conference on automotive design to be held in Prague

October 14, 2012 | 11:04pm CEToriginal
The speakers will include designers from Porsche, Jaguar, Dassault or Materialise. A follow-up workshop has three sections, one to be led by experts from MBtech. Details, partners, 3D printing...
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GM and PSA Peugeot Citroen allegedly plan to merge Opel with PSA automobile division

October 14, 2012 | 10:56pm CEToriginal
The plan is likely to encounter objections from the French government. Carmakers declined to comment on the information stating that they are about to announce several joint projects in...
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U.S. investigating problem with Hyundai Santa Fe steering

October 14, 2012 | 10:47pm CEToriginal
The possible consequences, affected number of cars, production year, possible recall action, the previous problem with the airbags, production at two factories in the world...
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Jaromir Hermansky promoted to regional headquarters of PSA Peugeot Citroen

October 11, 2012 | 10:50pm CEToriginal
Fleet department of Peugeot Czech Republic has subsequently been strengthened by Lukas Hosek, who came from Sixt...
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Volkswagen to allegedly introduce low-cost brand in 2015, perhaps even in Europe

October 11, 2012 | 10:42pm CEToriginal
The carmaker is reportedly planning three cheap models, especially for China and India. Price segment, used engines...
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Volkswagen may postpone development of Bentley and Lamborghini SUVs

October 11, 2012 | 10:38pm CEToriginal
The carmaker thinks that the drop in demand in Europe will require new austerity measures...
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Faurecia to close factory in Leipzig, BMW production to be moved to Czech Rep

October 11, 2012 | 02:15am CEToriginal
Reasons for the German plant closure, new plant in the Czech Republic, products and contracts...
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Car prices in Czech Rep decreased in September in m/m comparison

October 11, 2012 | 01:54am CEToriginal
Both new and used cars became cheaper. On the contrary, prices of service works and spare parts went up...
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Toyota recalls 7.4 million cars to repair

October 11, 2012 | 01:42am CEToriginal
It has been reportedly one of the biggest one-time recall action since 1996. Reason, affected models and years of production, number of cars on individual markets...
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Vehicle sales in China down by 1.8% in September, first time since January 2012

October 11, 2012 | 01:35am CEToriginal
Reasons of the growth suspension, influence of the China-Japan dispute, sales in Q1-3, new round of car purchase incentives...
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Source: ECB, September 23, 2024