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Vehicle Segment

Bankruptcy of US airbag producer Global Safety Textiles (GST) has consequences in Czech Rep too

December 13, 2009 | 11:49pm CEToriginal
Czech plant in Jevicko will terminate its activity by April, 2010 and will dismiss 350 employees. Its controling company ITG, or more precisely Wilbur Ross is now looking for a buyer for GST…
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Infiniti during 2010-2012: From petrol through diesel and hybrid to electric cars

December 13, 2009 | 11:36pm CEToriginal
The models for US market will be introduced in Europe as well. The Infiniti M and Infiniti QX will be introduced as new generations in 2010; hybrids and electric cars later on…
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Peugeot 3008: Exceeding of this year’s sales aim in Europe and Czech Rep also by 15%

December 13, 2009 | 11:16pm CEToriginal
The carmaker registers 50,000 orders after six months and increases production in Sochaux. Shares of the particular motorizations, equipment versions and plan for the year 2010…
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Cetelem: Demand for Allianz travel insurance bigger than for automobile insurance in Czech hypermarkets of Globus

December 13, 2009 | 11:07pm CEToriginal
There were the most active customers in Chomutov and Prague, where the largest number of insurance contracts was concluded in hypermarket…
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Ford examines capabilities of wood during production of car components

December 13, 2009 | 10:53pm CEToriginal
The combination of wood and plastics does not absorb damp. The material can thus be used in the interior and engine area. However, the problem still remains…
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Halfords opened its shop with fast service in Borska Pole, Plzen, second one in city

December 13, 2009 | 10:32pm CEToriginal
Totally, it is the sixth branch in the Czech Republic. An analysis carried out by Halfords shows that in case of several price levels of products, customers decide for...
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CP: Sales of car insurance through Internet and phone grows by more than 50% yearly

December 13, 2009 | 06:35pm CEToriginal
The volume of policies arranged on-line and insurance settled in the Czech Republic is still growing, according to advisory company KPMG…
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VAST to gain full control over both Chinese joint ventures in Shanghai and Fuzhou

December 13, 2009 | 06:12pm CEToriginal
Partners of an alliance of VAST, Witte Automotive, Strattec Security and Adac Automotive will thus reinforce their position on Chinese market…
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CKP: Introduction of contribution of uninsured car owners to guarantee fund successful

December 13, 2009 | 05:46pm CEToriginal
The number of cars removed from car register in the Czech Republic is growing, the number of uninsured cars is declining as well as the number of accidents caused by uninsured cars which declined by…
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Management of Hyundai’s Czech plant cancelled all overtime in December

December 11, 2009 | 02:24pm CEToriginal
Nevertheless, the company wants to agree with trade unions on this year’s one Saturday shift on December 19 so that there would be two shifts and employees would receive a bonus for them…
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Skoda Auto to reduce Fabia production from five to four days a week and Roomster to be reduced from 150 to 120 cars a day in Q1

December 11, 2009 | 10:35am CEToriginal
Employees will compensate the deficit during the year on extra shifts within time accounts…
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Car of the Year of Motorist Journalists’ Club 2010 becomes Skoda Yeti

December 11, 2009 | 09:56am CEToriginal
The Opel Astra (164 points), Mercecedes-Benz E (143 points), BMW X1 (136 points) and Volkswagen Polo (134 points) follow. Yeti has already gained other awards…
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Engine 1.2 TSI (77 kW): Production for 2009 and 2010 in Czech Rep only, from 2011 in Germany too

December 10, 2009 | 10:38pm CEToriginal
The engine is available in the Skoda Yeti and Volkswagen Golf in the meantime. Along with an assembly into other VW Group models, its production will grow next year…
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Volkswagen to take over 19.9% of carmaker Suzuki for USD 2.5 billion

December 10, 2009 | 09:29pm CEToriginal
The German company is reportedly interested in increasing the share even over the controlling level of one third. The carmaker will invest up to a half of the revenues from the sale of Suzuki’s stock in…
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Wages in Jihlava-based plant of Bosch Diesel to go up by CZK 300 from July, 2010

December 10, 2009 | 08:18pm CEToriginal
Trade unions acquired a promise of other benefits in collective negotiations; some requirements were not carried through on the contrary…
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Mann+Hummel introduces production of new particulate filter for diesel engines

December 10, 2009 | 07:07pm CEToriginal
The new DPF has an increased capacity for catching carbon particles, provides integration of other functions and in addition, it is possible to reach CO2 emissions reductions…
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Sales of passenger cars in China doubled to 1.04 million in November

December 10, 2009 | 06:51pm CEToriginal
GM’s sales went up by 109.5%, sales of Mercedes-Benz by 224%. Over this year…
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Head of Allianz pojistovna Miroslav Tacl to resign at year end

December 10, 2009 | 06:32pm CEToriginal
The supervisory board of the insurance company has accepted his resignation; no decision regarding his successor has been taken yet. Members of the board remain…
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Volkswagen purchased 49.9% stake in carmaker Porsche for EUR 3.9 billion

December 10, 2009 | 05:56pm CEToriginal
Porsche should become Volkswagen’s tenth brands in 2011. The merger will lead to annual savings…
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Toyota plans to restart production of plants in US and China

December 10, 2009 | 04:59pm CEToriginal
The carmaker will invest EUR 750 million in completion of the plants. Introduction of production and a portfolio of models produced…
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Another investor interested in producer of passenger cars Volvo Car

December 10, 2009 | 04:30pm CEToriginal
The investor is Jakob syndicate composed of Swedish subjects mainly. The group is offering hard cash and is waiting for Ford’s reaction…
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Car sales slightly up in US in November

December 10, 2009 | 03:55pm CEToriginal
The largest growth was registered by Hyundai; sales of the three largest carmakers did not change markedly. Sales of economy cars and crossovers were going well…
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Japanese carmaker Isuzu Motors to vigorously enter Central Europe

December 9, 2009 | 10:34pm CEToriginal
Within the next two years, the carmaker will open representation offices in the Czech Republic, Slovakia and Hungary. The offer of models and sales and service network…
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Auto Esa offers guarantee service for free when buying car in action

December 9, 2009 | 08:38pm CEToriginal
The company has also prepared a series of bonuses when using funding. Guarantee service applies to the first implementation of selected servicing operations...
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Russian government and Renault pledged support to carmaker AvtoVAZ

December 9, 2009 | 08:04pm CEToriginal
Putin promised over EUR 1 billion on the company’s restructuring. Renault-Nissan alliance will give EUR 300 million for the production of a new Lada model...
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Source: ECB, September 20, 2024