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Vehicle Segment

CLFA: Market for non-bank financing to increase in 2011

May 15, 2011 | 11:08pm CEToriginal
The Association expects leases to grow by 8%, then a slight increase in loans, and as for the factoring it might be over 10%. The lack of used trucks in Europe...
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Audi wants to create 10,000 new jobs by 2020

May 15, 2011 | 10:21pm CEToriginal
The carmaker currently employs around 60,000 people. In 2011, Audi wants to accept in Germany...
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Skoda Auto increased sales by 22.8% in February, in two months by 24.6%

May 15, 2011 | 10:14pm CEToriginal
Skoda recorded sales increases on all major markets. The most increased interest was seen in Superb, Yeti and Fabia...
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BMW considers building other factories outside Europe

May 13, 2011 | 12:52am CEToriginal
They could be located in Asia and Latin America. Record bonuses for employees, new jobs created in 2011...
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The agreement on investment by Hawtai Motor in saving Saab has been canceled

May 13, 2011 | 12:39am CEToriginal
Reason for cancellation of the agreement, the ongoing negotiations with Vladimir Antonov and Great Wall Motor...
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Admosphere: Hyundai and Volkswagen invested in TV advertising in Czech Rep most in April

May 12, 2011 | 02:24am CEToriginal
The total length of advertising time; details of spots, which were not related to specific models...
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Jan Dryak to leave CSOB Leasing

May 12, 2011 | 02:13am CEToriginal
He has worked in the company for over seven years, most recently as PR manager and business support specialist. His successor, the reason and date of personnel change...
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Car prices in Czech Rep down by 0.4% m/m in April

May 12, 2011 | 02:08am CEToriginal
Used cars became cheaper than the new ones. Prices of spare parts and service work stagnated. Detailed information, including a y/y comparison...
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Czech Rep wants to expand number of cars to which environmental tax applies

May 12, 2011 | 02:02am CEToriginal
The tighter rules will probably be applied in three years, because the limit will move by 6 years from 2014. Vehicles meeting Euro 3, the greater volume from tax collection...
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Toyoda Gosei to expand production in Europe, including Czech Rep

May 10, 2011 | 11:22pm CEToriginal
The company plans to extend one hall and install new lines in the Czech plant. The nature of production, customers, details of investments...
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Kia expanded dealer network in Czech Rep for new partner - Auto Duba

May 10, 2011 | 11:09pm CEToriginal
Autocentrum Duba has thus expanded its brand portfolio by the fourth brand, in the former showroom of Nissan. Sales plans for the years 2011-2014...
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Klaus Huttelmaier to be responsible for sales of Bosch Group in Czech Rep, Slovakia, Austria and across CEE

May 10, 2011 | 10:55pm CEToriginal
He will replace Karl Strobel on the positions, who will after 28 years in the Bosch Group...
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Promet bought Tawesco subsidiary from Tatra

May 10, 2011 | 10:39pm CEToriginal
Profile of both companies, including customers, the reasons for the transaction from the perspective of Tatra and Promet, a consulting company in the acquisition...
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Production of Toyota likely to return to its normal state in August

May 10, 2011 | 10:05pm CEToriginal
It is two or three months earlier than it was expected. The reason is stabilization of the parts supplies in Japan...
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QBE launched micro sites for GAP insurance products in Czech Rep

May 10, 2011 | 03:51am CEToriginal
Websites of Eurogap.cz and Leasegap.cz allow online calculation of premiums, or user account creation...
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Leasing of movables in Czech Rep grew by 20.9% in Q1, thanks to photovoltaic energy

May 10, 2011 | 03:44am CEToriginal
The number of contracts, financial and operational leasing, fleet management, the share of new and used cars leasing, consumer loans...
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Hyundai Motor prepares third shift launch in Czech Rep, having increased production at its mill of parts

May 10, 2011 | 03:38am CEToriginal
The factory put its second pressing machine into operation, which will enable to double the production capacity. Technology supplier...
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Continental expands in Asia, to buy tire production from Modi

May 9, 2011 | 02:51am CEToriginal
After completion of the transaction Modi Tyres will provide production of passenger and commercial tires for the Indian market...
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Hertz car rental expanded fleet of Seat cars in Czech Rep

May 6, 2011 | 02:57am CEToriginal
The company used to change 20 cars each year but decided to change 25 cars in 2011. The chosen model and specification...
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Employees to be again represented by Jaroslav Povsik and Jan Miller in supervisory board of Skoda Auto

May 6, 2011 | 02:42am CEToriginal
There are 80% of unionized employees in the Czech carmaker. Details of the April elections of trade unions...
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Nissan holds spring service campaign by end of June

May 6, 2011 | 02:32am CEToriginal
Price of the inspection, advantageous air conditioning maintenance, reduced price for spare parts and accessories, benefits for owners of older cars...
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SDA, importers: Re-exporting cars within EU is legitimate and economically justified behavior

May 5, 2011 | 07:59am CEToriginal
In addition, Hyundai allegedly re-exports cars as well. ACEA and the EC work with the first car registrations. The price war in the segment of smaller models in the Czech Republic...
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AGC Automotive to expand in aftermarket in Czech Rep

May 5, 2011 | 02:19am CEToriginal
Its subsidiary is building a network of installation centres of car glass; moreover, it also operates a mobile glazing unit. The growth of the branch network...
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Tölgyesi (LeasePlan): Operating lease market in Czech Rep to rise by up to 5% in 2011

May 5, 2011 | 01:59am CEToriginal
It should follow in a recovery in H2 2010. LeasePlan managed to reverse the earlier decline in the share of new contracts and since then it has been growing...
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Sales of new cars in Czech Rep down by 3.2% in April, sales of LCVs by 0.5%

May 5, 2011 | 01:51am CEToriginal
Demand for trucks and buses rose by double-digit pace. Results in January-April 2011...
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