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Vehicle Segment

Sales of passenger cars in Europe up in June for the first time after 14 months - by 2.4%

July 15, 2009 | 11:17pm CEToriginal
Over the whole H1 sales declined by 11% though. June sales went up to the carmaker Skoda Auto by...
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Hyundai - another carmaker refused to wait for scrap bonus introduction in Czech Rep

July 15, 2009 | 08:43pm CEToriginal
Citroen and the used car dealers AAA Auto and Auto Esa already offer their own version of scrappage scheme in the Czech Republic. However, Hyundai’s special offer only applies to…
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Honda to speed up launching hybrid cars on market

July 15, 2009 | 07:26pm CEToriginal
The carmaker will introduce a sports hybrid car CR-Z to market in February 2010. By the end of next year the carmaker then intends to initiate sale of a small hybrid car...
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Nissan offers discounts from CZK 30,000 to 86,000 depending on model till end of September

July 15, 2009 | 06:57pm CEToriginal
Summer sales campaign refers to most passenger and some utility vehicles. The biggest customer’s advantage is a combination with financing...
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Volkswagen to invest USD 1 billion in extension of plant in Mexico

July 15, 2009 | 06:31pm CEToriginal
The reason is initiation of production of a new model which should begin in...
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RHJ progressed in Opel negotiations, Magna remaining the favourite

July 14, 2009 | 03:48pm CEToriginal
Investment company RHJ similarly to the Chinese BAIC submitted a detailed offer asking less government guarantees and releasing fewer employees...
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Hyundai manufactured 50,000 cars and 100,000 transmissions in Nosovice in H1

July 14, 2009 | 01:01pm CEToriginal
Hyundai plans to produce about 160,000 cars in Nosovice this year. A new model Kia No 3 will help it too; its production will start in…
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AuTec Group's financial problems have further consequences, Nissan terminated dealer agreement

July 14, 2009 | 12:17pm CEToriginal
At the same time AuTec lost an exclusive license for distribution of the super sports car Nissan GT-R in the Czech Republic which was taken over by company...
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New car sales decline in Britain slowed down due to scrap bonus in June

July 14, 2009 | 11:25am CEToriginal
Registrations decreased by 15.7% compared to the May decline of 24.8%. For the first time since November 2007, the demand from private individuals increased by...
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Qatar possibly agreed on share acquisition in Porsche and Volkswagen share options

July 14, 2009 | 10:46am CEToriginal
Qatar offers EUR 7 billion to the carmaker Porsche. Specifically, Qatar fund should get...
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Hyundai to move production of model i20 for Europe to the Czech Rep, Slovakia or Turkey

July 13, 2009 | 11:41pm CEToriginal
The carmaker is therefore willing to save 10 to 15% on logistics costs and tariffs. After the decision, the production moving should take place till...
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Car sales declined by 49% in Russia in H1, in Skoda Auto only by 19%

July 13, 2009 | 11:22pm CEToriginal
According to AEB vice president Martin Jahn, the Russian automotive market needs support from the State and the Government should consider the introduction of...
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Skoda Auto to produce extra at night from Friday to Saturday in August, to shorten delivery times

July 13, 2009 | 08:54pm CEToriginal
The delivery time for Fabia is until December at present. These will be three voluntary shifts, on which the carmaker needs some...
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Scrap bonus in Austria run out after three months

July 13, 2009 | 08:38pm CEToriginal
Since April 1, 30,000 motorists asked for the bonus when replacing car. However, the government is not planning to extend it because...
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General Motors out of bankruptcy protection, new company has big plans

July 12, 2009 | 01:14pm CEToriginal
A new carmaker wants to repay state loans earlier, will cut 35% of manager positions, wants to launch models into market faster, and will be selling used cars by means of...
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European Court of First Instance lowered Peugeot’s penalty for restriction of business practices

July 12, 2009 | 12:21pm CEToriginal
Peugeot’s representation in the Netherlands obstructed exports of new cars between 1997 and 2003 to other EU countries. The Court brought the fine of the carmaker PSA down by...
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German scrappage scheme to run out soon, government do not intend to earmark more money

July 12, 2009 | 10:27am CEToriginal
The authorities have already received almost 1.72 million applications; the total sum is enough for 2 million cars. Therefore the sum of EUR 5 billion will probably run out in...
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Sales of new cars in China up by 48.5% in June

July 11, 2009 | 03:32pm CEToriginal
China could thus replace the US this year at the position of the largest car market. A local association CAAM assumes total sales will exceed...
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Russia provided high state guarantee to carmaker GAZ

July 11, 2009 | 02:38pm CEToriginal
The indebted carmaker GAZ is a part of a syndicate which Opel intends to take over. Russia has already supported other local companies...
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BMW Group decreased sales by 12.7% in June, Mercedes-Benz Cars by 7%

July 11, 2009 | 01:33pm CEToriginal
The carmaker's sales drop in June was though slighter than in the previous months, and so the management sees the future...
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Klaus’ veto of scrap bonus condemned by carmakers, praised by economists

July 10, 2009 | 04:33pm CEToriginal
According to Czech car industry the scrap bonus should be introduced on principle. The Chamber of Deputies should be voting on Klaus’ veto in…
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Sales of passenger cars in Italy down by 10.7% in H1

July 10, 2009 | 04:24pm CEToriginal
Even due to scrap bonus the sales over all this year could have been higher than last year, according to the Italian government, when in Italy...
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Klaus set veto on CSSD's anti-crisis packet including scrap bonus

July 10, 2009 | 01:41pm CEToriginal
His arguments are only economic though. The Car Importers Association argues that an ecologic aspect of the bonus...
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Vladimir Vosicky back in Czech Rep after one and half year, moving from Ford to Peugeot

July 10, 2009 | 10:53am CEToriginal
Manager, whose career is entirely linked with the brand Ford, will be in Peugeot in charge of...
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BAIC submitted attractive bid for Opel, agreement with Magna close to completion though

July 9, 2009 | 02:44pm CEToriginal
Compared to Magna, BAIC would dismiss less employees in Europe, ask for a lesser loan and invest in production of Opel cars in...
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