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Vehicle Segment

Fiat suspended investment of EUR 500 million in Turin plant

March 24, 2011 | 03:11am CEToriginal
The reason is a disagreement with the unions on a new collective agreement. However, for a former plant of Bertone the carmaker reckons with a new Maserati model...
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Credium to provide brand financing for Jaguar and Land Rover in Czech Rep

March 23, 2011 | 05:59am CEToriginal
Cooperation of automaker Jaguar Land Rover and financial group Credit Agricole will extend to another country in Europe. Details of cooperation...
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Lexus aims to increase sales by 50% in Europe in 2011, similarly in Czech Rep

March 23, 2011 | 05:44am CEToriginal
The growth should be helped by a significant contribution of the new CT. Development in the C-segment, prices, competition, sales orders and plans...
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Car financing down by 5.4% in Czech Rep in 2010, both large and smaller players strengthened

March 23, 2011 | 05:22am CEToriginal
Double-digit growth was recorded by UniCredit Leasing, Toyota Financial Services and Raiffeisen - Leasing, the largest decline by FCE Credit. Results of the companies...
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Toyota Motor and Honda postponed recovery of car production in Japan

March 23, 2011 | 05:12am CEToriginal
The reason is the lack of components, as well as power outages and damaged roads. The situation in automakers Nissan Motor, Mitsubishi and Subaru...
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Renault and Dacia in March: Thalia, Twingo and Fluence discounted by CZK 10,000

March 23, 2011 | 04:59am CEToriginal
On the contrary, the Megane GT became more expensive by CZK 40,000. An additional discount of 15% on selected packets for particular models continues until April 30…
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Opel must proceed to redundancies in Bochum after voluntary departures

March 23, 2011 | 04:55am CEToriginal
The program of voluntary departures was successful only in one-third. The number of workers who will have to forcibly retire...
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Trost opened central warehouse of automotive parts for Europe in Czech Rep

March 23, 2011 | 04:46am CEToriginal
It should gradually build up and the company should recruit new employees. Location, size of the warehouse, recruitment...
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Car production in Czech Rep up by 9.4% in 2010, similarly to production of components

March 23, 2011 | 04:38am CEToriginal
Skoda Auto increased production by 9%, Hyundai by 69.6%, Avia by 69.6%, Tatra by 15.2%, SOR by 11.9%. Conversely, TPCA, Iveco and Tedom decreased production...
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Alphabet to enter CEE, having agreed to cooperate with UniCredit Leasing

March 22, 2011 | 04:31am CEToriginal
For UniCredit Leasing it means expanding cooperation with BMW Group from brand financing to fleet management. The countries concerned...
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Skoda Auto increased offer on wages, union rejected it again

March 22, 2011 | 04:20am CEToriginal
At the moment, there is the last round of negotiations under way, after which the unions will consider a strike. The increased offer of the company’s management, plants inclining to strike...
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Mitsubishi factories in Japan not affected by earthquake, only some suppliers

March 22, 2011 | 04:01am CEToriginal
The carmaker has decided to provide a financial gift; the importer in the Czech Republic and Slovakia will pay a certain amount from each vehicle...
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Honda postponed production restoration in Japan to March 23, to be fully operating not earlier than in May

March 22, 2011 | 03:57am CEToriginal
The lack of parts caused by the earthquake has already affected GM in the U.S...
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French opposition indirectly called Renault head Carlos Ghosn to resign

March 22, 2011 | 03:45am CEToriginal
The government is concerned about how easily the carmaker was deceived regarding the alleged espionage. The positions of individual parties...
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Nick Reilly to leave post of CEO at Opel

March 21, 2011 | 03:10am CEToriginal
Karl-Friedrich Stracke will replace him in the position. Stracke´s previous job Reilly´s new one...
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Nissan to resume production of components on Monday and cars on Thursday

March 21, 2011 | 02:57am CEToriginal
Longer production is thus threatened with respect to the situation at suppliers. Stock of parts in factories in Europe...
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Porsche to produce small SUV Cajun in Germany

March 18, 2011 | 06:15am CEToriginal
The automaker will build a new operation to full production in the factory in Leipzig. The size of new building, new jobs, start of production...
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Toyota Motor to leave 12 factories in Japan closed until March 22

March 17, 2011 | 05:08am CEToriginal
Production of components, however, should run on March 17, for foreign factories on March 21. The situation at Nissan and Honda...
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Car sales in EU returned to growth in February

March 17, 2011 | 04:36am CEToriginal
Most national markets increased sales in February, but some major economies registered a decline. View of KPMG with respect to the earthquake in Japan...
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Toyota and Subaru will cut production in North America, Honda and Nissan not

March 17, 2011 | 04:24am CEToriginal
Conclusion of Japanese factories for car and component production as a result of earthquakes pose a threat to global supply chain...
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Audi prepares next body versions of existing models and entry into new segments

March 16, 2011 | 06:48am CEToriginal
The carmaker is working on the A1 Sportback, A1 Cabriolet or A3 Limousine, considering a mini off-roader Q1...
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Alleged espionage at Renault seems to be a mere fraud, security officer reputedly faked it up

March 16, 2011 | 06:37am CEToriginal
The automaker then apologized to three accused managers. Details of the investigation, rejected resignation of Patrick Pelata...
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Automakers and parts manufacturers are finding the impact of earthquakes in Japan on their production

March 16, 2011 | 02:43am CEToriginal
Production shutdowns, cancellation of overtime and weekend shift; the situation by Toyota, Nissan, Honda, Bridgestone, Skoda Auto, TPCA...
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Auto-Exner headed off its own sale, having borrowed from another bank

March 15, 2011 | 03:23am CEToriginal
The history of investments in recent years, one of the activities to a quick cash acquisition, a new banking partner...
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IHS Global Insight: Global sales of cars and LCVs to see increase of 22% by 2013, of 40% by 2018

March 15, 2011 | 03:02am CEToriginal
Forecasts for individual regions, including China, India, North and South America, Western Europe and CEE, Russia...
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