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Vehicle Segment

Indebted Russian carmaker AvtoVAZ looks for partners and investors for its subsidiaries

December 17, 2009 | 01:21pm CEToriginal
AvtoVAZ has already separated six companies from its key activities. Production of steel, industry instruments but also automotive components is concerned…
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Car sales in Russia dropped by 46% in November

December 17, 2009 | 12:51pm CEToriginal
The decline in sales slightly slowed down from 52% in October though. During January to November, the sales dropped y/y by…
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Dusan Blasko from Volkswagen’s Czech representation retires

December 17, 2009 | 12:09pm CEToriginal
In leadership of VW’s division of commercial vehicles, Blasko will be replaced by Patrik Fejtek, current manager of used car sales. From January 1, the post will be occupied by…
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Axa does not intend to increase insurance rates from January 2010, to expand assistance services

December 17, 2009 | 01:57am CEToriginal
The reason is that Axa sets the insurance rate within damage liability according to engine power, and customers choosing new downsized engines…
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CSOB Leasing already informed clients on changes referring to increase in VAT rates

December 16, 2009 | 03:35pm CEToriginal
The change of VAT rates applies to all taxable payments from January 1, 2010 except for temporary arrangements for financial leasing...
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Renault and Dacia in December: Christmas discounts, guarantee of final price after VAT change, free damage liability during financing

December 16, 2009 | 02:50pm CEToriginal
The cheapest Dacia car is available for CZK 119,900 (Logan) and the cheapest Renault can be bought for CZK 154,900 (Twingo). Other models…
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Management of Hyundai’s Czech plant agreed with trade unions, state of strike emergency terminated

December 15, 2009 | 11:27pm CEToriginal
Both parties will be solving other matters within collective negotiations. Moreover, employees should take part in a working Saturday on December 19 so that the company meets its production plan…
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Car sales up by 26.6% in Europe in November, down by 2.8% over 11 months

December 15, 2009 | 10:55pm CEToriginal
Scrap bonuses helped the growth. There is a distinct difference in registrations among Western and Eastern Europe…
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Chinese company BAIC wants to produce cars under its own brand, bought technologies for older models from Saab

December 15, 2009 | 10:16pm CEToriginal
GM is still looking for an investor for Saab; dutch sports car producer Spyker is interested in it, among others…
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Consumer Reports: Most reliable cars produced by Asian carmakers

December 15, 2009 | 07:17pm CEToriginal
Eight Asian brands have fought their way to the first tenth—Scion/Toyota, Honda, Hyundai, among others. Out of non-Asian brands, the following brands ranked among the Top 10…
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Nissan’s Christmas special offer in Czech Rep: Clearance sale of stock for selected models with big discount

December 15, 2009 | 06:40pm CEToriginal
The models Qashqai, Note, X-Trail and Navara are available for lower prices until December 21. The prices of the models in the special offers start at…
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Insurance companies in Czech Rep: Number of attempts at frauds due to economic crisis on rise

December 15, 2009 | 06:10pm CEToriginal
The number of insurance frauds exposed has already exceeded the level over the year 2008. Events related to motor vehicles still outweigh…
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TPCA opened preventive health center for employees in Kolin

December 15, 2009 | 05:44pm CEToriginal
The centre is supposed to help people who return to work after injuries and surgeries not related to work. Carmaker Skoda Auto…
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Japanese carmaker Daihatsu Motor to renew representation in Czech Rep after 12 years

December 15, 2009 | 02:36am CEToriginal
Representation in other Central European countries is probably being prepared, too. Daihatsu cars share many components with Toyota, which owns…
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Faurecia centralizes separate productions of car components

December 15, 2009 | 02:10am CEToriginal
Its Czech plant in Pisek has terminated production of plastic interior components, but production of exhausts will grow up here next year…
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Vitkovice Cylinders want to deliver CNG bottles to carmakers as well

December 15, 2009 | 01:47am CEToriginal
While Vitkovice Cylinders deliver the bottles to companies executing transformations of cars to CNG. The Czech company is negotiating with carmakers though…
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Hyundai to introduce its first plug-in hybrid in US in 2010

December 15, 2009 | 01:30am CEToriginal
The hybrid will arrive in Europe in 2011. Hyundai has already become involved in alternative drives: the Elantra Hybrid LPI, i10 EV…
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Prices of cars sold on Czech market down by 1.4% in November

December 15, 2009 | 01:14am CEToriginal
New cars became cheaper by 0.2%, prices of used cars declined by 2.7% even. Spare parts and service works became more expensive though...
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Toyota to expand production in Canada, to create 800 jobs in plant in Woodstock

December 15, 2009 | 12:59am CEToriginal
The carmaker thus reacts to a high demand for the Toyota RAV4, whose production will grow after introducing a second shift to...
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Swedish truck producer Volvo AB to shut down plant in US

December 15, 2009 | 12:49am CEToriginal
In the plant in Asheville 228 employees will lose their jobs. The decision is a part of the company’s plan for a reduction of production capacities...
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HR MANAGERS’ MEETING 2009: Not brains but production workers to be missing in Czech Rep

December 15, 2009 | 12:37am CEToriginal
To educate employees and invest in them pays off nowadays because people do not leave companies but managers…
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Edmunds.com: Nearly 80% of cars sold in US would have been sold even without scrap bonus

December 15, 2009 | 12:20am CEToriginal
The United States thus spent USD 24,000 (CZK 430,000) for one additional car sold during the scrappage scheme. Ford Motor agrees but adds…
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Threat of strike in Hyundai’s Czech plant grows, trade unions want to solve situation at global level

December 14, 2009 | 11:51pm CEToriginal
The trade unions want to appeal to the KOVO global trade union association, the OECD and both carmaker Hyundai and its trade unions in Korea…
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Zliner’s new owner focuses on buses, sales of passenger cars to be subdued

December 14, 2009 | 01:14am CEToriginal
Zliner is an independent dealer of Toyota, Lexus and Daihatsu cars currently; its showroom in Zlin will probably be for sale in the future...
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Czech Insurance Association works on methodology of assessment of fault sharing

December 13, 2009 | 11:54pm CEToriginal
It has been inspired by the Czech Republic and foreign countries as well. A catalogue of standardized cases of shared fault with a specific share could be ready in...
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Source: ECB, September 20, 2024