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Vehicle Segment

Sweden still sees chance to rescue Saab, candidates keep dealing with GM

January 15, 2010 | 03:55am CEToriginal
Spyker Cars submitted an improved offer last week; Genii Capital is working on it. Attractive offer might according to GM stop the Saab’s closure...
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Skoda Auto to move production of Octavia form Bratislava to Vrchlabi a month later

January 15, 2010 | 03:41am CEToriginal
The reason is launching the production of a small concern car in Volkswagen Slovakia a bit later. The production will be moved in...
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2010 NAIAS: Detroit Motor Show to focus on electric, hybrid and small cars, 60 novelties to be presented

January 15, 2010 | 03:25am CEToriginal
It is being expected that by 2013 the proportion of smaller cars on the total US sales will rise from 32% (in 2009) to...
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Renault sales fell by 3.1% last year, its market share slightly increased

January 15, 2010 | 12:04am CEToriginal
While the sales of Renault cars fell, sales of the Dacia brand rose. This year, the carmaker expects decline of the European car market by...
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Volkswagen sales in China increased by 37% in 2009, subsidiary Skoda Auto doubled

January 14, 2010 | 01:26am CEToriginal
Volkswagen is expecting growth of the Chinese car market in 2010, namely by 10 to 15%. Last year's sales of other carmakers in China...
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Toyota Motor considering further production moving to North America, Prius still taken in account for Mississippi

January 14, 2010 | 12:55am CEToriginal
Japanese carmaker will launch 10 new and facelifted models on the US market this year. Within five years, also the electric cars and plug-in hybrids...
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Sales of passenger cars and light commercial vehicles in USA dropped by 21% to 10.4 million last year

January 14, 2010 | 12:09am CEToriginal
It reached the lowest level in past 27 years. This year, the sale might according to Barclays Capital Research increase to...
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Continental plans to raise issue of new equity shares

January 13, 2010 | 10:46pm CEToriginal
The company wants to reduce the debt incurred by takeover of VDO division from Siemens in 2007. New shares in the value of...
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Hyundai Kia Automotive Group intends to accelerate growth of vehicle sales to 17% this year

January 13, 2010 | 10:07pm CEToriginal
Last year the group increased sales by 10% to 4.63 million Hyundai and Kia cars. Sales of carmakers Hyundai Motor and Kia Motors...
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Car sales in Spain down by 18% last year but up by 25% in December

January 13, 2010 | 09:38pm CEToriginal
In H1 2010, sales are expected to grow by about 25% as well but to fall after an increase in VAT in mid-year. Therefore, the whole year...
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Pekny (SDA, Kia): Czech car market to be better served by faster depreciation than scrap bonus

January 13, 2010 | 04:19am CEToriginal
According to him, it would be good to extend the government action even after June 30 or reduce the deduction permanently. Faster recovery of company cars may generate high-quality used cars...
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Volkswagen increased sales by 1.1% in 2009, subsidiary of Skoda Auto by 1.4%

January 13, 2010 | 03:34am CEToriginal
While sales of Volkswagen passenger cars and Skoda brand went up, Audi, Seat and Volkswagen commercial vehicles recorded a decline...
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Johnson Controls increases its presence in Slovakia

January 13, 2010 | 01:04am CEToriginal
To four plants od the Automotive division and a technological centre for CEE, there will be added a global financial headquarters, which will be moved to Bratislava from...
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Hyundai Motor expansion to commercial vehicles segment: This year China, within three years USA, then Europe

January 13, 2010 | 12:49am CEToriginal
Hyundai is now going to set up a joint venture for heavy trucks production in China. Local partner, investment and production capacity...
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AAA Auto, Auto Esa: Demand for luxury used cars starting to revive

January 13, 2010 | 12:37am CEToriginal
Used car dealers expect growth in demand for used cars of domestic brand Skoda as well. In 2009, Auto Esa increased sales by...
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General Motors considers re-opening of some shuttered factories

January 13, 2010 | 12:25am CEToriginal
The carmaker cannot produce some models fast enough, namely...
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Car of the Year 2010 in CZ: Skoda defended primacy of previous year, Yeti won title this year

January 12, 2010 | 11:57pm CEToriginal
Skoda Yeti thus won such an award for a second time in the Czech Republic. In each category the following cars won...
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SDA: Price decline of new cars caused shift of interest in segment upwards

January 12, 2010 | 11:43pm CEToriginal
However, the prices of new cars have not declined so significantly in 2009. For example, last year’s average price of Kia cars declined by...
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Scotia Economics: Global car sale to significantly rise in 2010, in 2011 possibly exceeding current records

January 12, 2010 | 11:07pm CEToriginal
Double-digit growth might be apart from China, India and Brazil recorded on the US market as well, where it will be helped by...
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Fiat to satisfy government, increasing annual production in Italy by 50% in three years

January 12, 2010 | 10:56pm CEToriginal
However, the carmaker points out the lower productivity of the Italian factories compared with Poland and Brazil. Plant based in Sicily...
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Scrap bonus in Russia to start on March 8, only in quarter of regions and for models assembled in Russia

January 12, 2010 | 10:46pm CEToriginal
The problem can occur with a low number of scrap yards and a charge for disposal. The government expects an increase in demand for...
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Hyundai plan to strengthen its fleet sales in Europe, agreed to cooperate with ALD Automotive

January 11, 2010 | 11:58pm CEToriginal
The agreement includes a favourable price conditions for the sale of vehicles in 21 countries including the Czech Republic and Slovakia. Last year, the market share of Hyundai in Europe rose to...
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Benteler initiated production of aluminium bumpers in Czech Rep, taken over from Hydro

January 11, 2010 | 11:50pm CEToriginal
The company has employed 30 people in Ostrov, Tachov region. Manufacturer of cable harnesses Leoni has moved its production in Panattoni Park as well...
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Prices of cars sold on Czech market dropped by 1.7% m/m in December

January 11, 2010 | 11:35pm CEToriginal
New cars cheapened more than the used ones. Prices of spare parts and service works stagnated. Specific information...
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Audi wants to invest EUR 7.3 billion by 2012, mostly in Germany

January 11, 2010 | 11:21pm CEToriginal
The investments will go into production capacities, products and technologies. By 2015 the carmaker plans to increase the number of its models from the current 34 to...
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