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Vehicle Segment

PSA negoatiates sale of Gefco division to Russian railways

September 21, 2012 | 01:19am CEToriginal
JSC Russian Railways had reportedly submitted the best offer. The share and price, extra dividend...
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German court dismissed two actions of investors against Porsche Automobil Holding SE

September 21, 2012 | 01:03am CEToriginal
The decision is an unfavourable signal to other investors bringing an action against Porsche SE. However, the company has been facing other three lawsuits in Germany...
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Car sales in EU fell by 7.8% in July, by 8.9% in August

September 20, 2012 | 02:03am CEToriginal
In the first eight months of 2012, sales decreased by 7.1%. Results in Europe, comment and outlook of KPMG...
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Muller: Porsche sales could be by 10% lower in 2013 compared to plan

September 20, 2012 | 01:41am CEToriginal
The carmaker plans to slightly reduce production, costs and investments to maintain high profitability...
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CLFA: Amendment to Consumer Credit Law could help non-respectable firms

September 20, 2012 | 01:31am CEToriginal
According to CLFA, there is a problem in creditor's obligation to assess creditworthiness of consumers before providing the credit...
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Marchionne: Fiat has no plans to close factories in Italy

September 19, 2012 | 06:29am CEToriginal
If Fiat reduces production in Italy, the government should attract another manufacturer, according to local unions...
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AAA Auto modified terms and conditions and created the post of ombudsman

September 19, 2012 | 06:15am CEToriginal
The first ombudsman of AAA Auto will be Milan Smutny. His tasks, the complaint rate, certificate from SOS, ombudsmen in the private sector...
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New Jaguar and Land Rover premises to be opened in Prague

September 18, 2012 | 03:38am CEToriginal
A long-time dealer of several brands bought a showroom in the Czech capital and is planning to open a service centre there. Dealer, location, clients...
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Carmakers and dealers got to like video mapping for presentation of new models

September 18, 2012 | 03:23am CEToriginal
In the Czech Republic this technology has recently been used by Citroen; Mercedes-Benz is preparing a presentation for the end of September...
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Japanese carmakers to temporarily stop production in China

September 18, 2012 | 03:15am CEToriginal
They respond to the anti-Japanese protests in the country. Reasons for unrest, the situation at Mazda, Nissan, Honda, Toyota...
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CCS: Petrol went up in Czech Rep last week, price of oil stagnated

September 18, 2012 | 03:06am CEToriginal
Strengthening koruna continues to work in favour of Czech motorists. Analysts’ expectations for this week...
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OMB Composites to expand its plant in Czech Rep

September 17, 2012 | 01:29am CEToriginal
A new hall, the amount of investment, capacity and production growth, production machines, HR, timing, R&D, products and customers...
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New BMW dealership to be opened in Prague

September 17, 2012 | 01:23am CEToriginal
The long-time dealer of several brands is building a showroom, meeting standards of the carmaker mandatory from 2015. The dealer, location, regional partners and clients...
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Lexus began offering extended warranty in Czech Rep and Slovakia

September 17, 2012 | 01:15am CEToriginal
Prices for individual models, a 17% discount when buying a new car, assistance service included, the possibility of including into financing, insurance partner...
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Parliament approved introduction of registration tax on cars in Slovakia

September 17, 2012 | 01:09am CEToriginal
The affected vehicles, the amount of fees, entry into force, the growth of the automotive market in summer, increased demand for SUVs...
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Germany investigates Volkswagen for sponsoring VFL Wolfsburg football club

September 17, 2012 | 01:01am CEToriginal
Volkswagen reportedly urged its business partners and suppliers to financially support the Wolves team. Hearing of the VW purchasing manager, partners of the club...
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Lamborghini recalls 1,500 cars

September 17, 2012 | 12:53am CEToriginal
The reason is a possible risk of fire due to leakage of fluid from the power steering. The affected models, years of production, details of correction...
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RWE consigned part of fleet to independent service centres in Czech Rep, tender won by Trost

September 14, 2012 | 04:54am CEToriginal
However, part of the fleet will be managed by authorized service centres. Size of the fleet, the validity of the contract, Trost and Bosch Car Service concept service centres, details...
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Renault to reduce production and number of employees in Slovenia and South Korea

September 14, 2012 | 04:40am CEToriginal
This is the second wave of layoffs and reduced production in Revoz in 2012. Details of the intention, the situation in the Renault Samsung division...
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AAA Auto changed sales concept of newish cars and renamed it

September 13, 2012 | 01:56am CEToriginal
The name change from AAA Premium Auto to Mototechna, extension for servicing, planned services (car rental, assistance, spare car during repairs, loyalty program)...
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Czech obliged to pay Volkswagen EUR 11.5 million after lost arbitration

September 13, 2012 | 01:33am CEToriginal
The dispute concerns the privatization of the Czech carmaker Skoda Auto. Request of Volkswagen, the reaction of the Czech government, the responsibility for the result...
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Hyundai Fischer CZ wants to belong among largest Hyundai dealerships in Czech Rep in three years

September 13, 2012 | 01:25am CEToriginal
Parameters of the newly built showroom in Ceske Budejovice, sales plans...
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Behr suspended investment in new plant in Czech Rep

September 12, 2012 | 03:52am CEToriginal
This happened at the time when preparatory works in the industrial zone in Ostrov have begun. Reasons for the decision, the building permit and its validity...
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AAA Auto to revive Mototechna brand after 20 years

September 12, 2012 | 03:49am CEToriginal
The company thus plans to use the traditional Czechoslovakian brand for expansion. Products and services offered, changes in subsidiaries...
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Opel began to offer branded insurance in Czech Rep

September 12, 2012 | 03:44am CEToriginal
Opel Insurance is a package of comprehensive automobile insurance. Partner, parameters, rate, zero participation, insurance examples, opportunities to purchase additional insurance...
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