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Vehicle Segment

Car sales in Slovakia up by 28% in June thanks to scrap bonus

July 9, 2009 | 02:05pm CEToriginal
Results of sales in the last months helped wipe out losses of the segment from the beginning of this year. In H1 number of registered cars...
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British authorities to investigate MG Rover’s fall

July 9, 2009 | 01:06pm CEToriginal
It has been taken over by the Chinese carmaker Nanjing Automobile in 2006. The opposition believes that the former government supported MG Rover before the elections in order to...
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Fiat finally agreed on car production in China, has been importing cars there so far

July 9, 2009 | 12:11pm CEToriginal
The Italian carmaker will establish a joint venture with local company Guangzhou Automobile Group. The first manufactured model will be...
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Alcoa Fujikura Czech (AEES Stribro) agreed on compensation with trade unions

July 8, 2009 | 03:12pm CEToriginal
If employees agree on the termination of the employment by a contract agreement to July 17, they will receive compensation in the amount of...
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Sales of new cars in Czech Rep down by 12.4% to 92,100 cars in H1

July 8, 2009 | 08:48am CEToriginal
Passenger car sector grew while other categories fell. Dealers believe the considered scrappage scheme will revitalize market and also...
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Porsche rejects more investors’ interest in Volkswagen shares

July 7, 2009 | 08:52pm CEToriginal
Although Porsche conducts exclusive investment negotiations with Qatar, there appeared further five candidates. They want to buy...
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Hyundai needs 150 more people for start of second shift in Nosovice

July 7, 2009 | 08:03pm CEToriginal
Therefore, the carmaker is going to intensify recruitment of new employees in July. Date of initiation of the second shift is not clear yet. Production on three shifts will begin on...
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PSA Peugeot Citroen decreased sales by 17.5% in H1

July 7, 2009 | 06:39pm CEToriginal
Including cars in a dismantling state, which the carmaker supplies to the assembly abroad, sales decreased by 14%. The 2H sale could be supported by new models...
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Lear declared bankruptcy

July 7, 2009 | 05:55pm CEToriginal
The company within the reorganization intends to convert its debts of USD 3.6 billion to a combination of new debts, convertible shares and...
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Discussions of Alcoa Fujikura and trade unions brought no progress today, strike is ready to start

July 6, 2009 | 10:48pm CEToriginal
Talks about a higher compensation will continue on Tuesday. If there is no outcome, the strike might begin...
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Volkswagen increased sales by 6% in June, sale declined by 5.1% in H1

July 6, 2009 | 02:05pm CEToriginal
The global market fell by about 18 % in H1. Volkswagen CEO Martin Winterkorn assumes that this year there should be sold in the world...
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Japan began to solve problem with great silence of hybrid cars

July 6, 2009 | 01:39pm CEToriginal
Commission established by the Ministry of Transport has to compile a report regarding the problem until the end of the year. The result may be an obligation for carmakers...
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Hyundai increased total sales by 9.6% in June, thanks to domestic sales mainly

July 5, 2009 | 09:09pm CEToriginal
South Korean exports went down by 18.4% to 83,702 cars whereas sales of cars manufactured in foreign plants grew by...
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Even people affected by floods can acquire Citroen’s scrap bonus

July 5, 2009 | 08:25pm CEToriginal
Namely in case of either having their car insured or uninsured. Citroen’s scrap bonus in combination with the Bonus leasing has thus brought down price of the smallest Citroen to…
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Alcoa Fujikura unions in Stribro declared strike alert

July 5, 2009 | 05:18pm CEToriginal
If further negotiations of the compensation amount for dismissed workers are not successful, trade unionists are ready to go on strike...
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Chinese company BAIC also fighting for Opel besides RHJ

July 5, 2009 | 05:03pm CEToriginal
RHJ and BAIC submitted preliminary bids for Opel share and are still negotiating with GM. Binding offer...
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TPCA continues in production rise, production increased by 0.6% in H1

July 4, 2009 | 02:56pm CEToriginal
For this whole year, TPCA is again estimating the production growth compared to last year's 324,289 cars. It could be more than...
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Prices of new cars the lowest in history in Czech Rep, not to go down any more

July 4, 2009 | 12:36pm CEToriginal
More than 12 models are cheaper than CZK 200,000; prices of 50 other cars do not exceed CZK 250,000. Until winter prices of new cars will be...
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Seat: Scrap bonus to cause drop of new car sales to record-breaking minimum 2.6 million in Germany next year

July 4, 2009 | 11:51am CEToriginal
Sales grew by 40% in June—equally to May. In the next months the association VDIK expects...
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BMW to limit production in second half of the year too

July 4, 2009 | 11:03am CEToriginal
An exception is BMW plant in Dingolfing where production of a new car BMW 5 Gran Turismo will begin in autumn. In Q1 the carmaker managed with...
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Skoda Auto to invest in electric car development, Superb to be rebuilt

July 3, 2009 | 10:51pm CEToriginal
This is one of the activities of the Volkswagen Group in the field of alternative drives, which is working on the development of electric cars...
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Russian truck manufacturer Kamaz at risk of bankruptcy

July 3, 2009 | 03:18pm CEToriginal
The company has not observed the terms for repaying loans and its creditors can now apply for a preliminary pay-off. Kamaz would not solve it even by...
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Renocar opened first separate showroom of Mini in Czech Rep in Brno

July 2, 2009 | 07:19pm CEToriginal
The new Mini centre has grown next to BMW showroom. At the same time Renocar has opened another showroom in which sales of...
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Lear about to proclaim bankruptcy

July 2, 2009 | 07:14pm CEToriginal
Reorganization of the company will be supported by its creditors and bondholders. For financing its bankruptcy they will provide an amount...
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Head of Sberbank: Other candidates for Opel are out

July 2, 2009 | 06:59pm CEToriginal
The Chinese carmaker BAIC, the Belgian investment company RHJ and the Italian carmaker Fiat are among the interested persons in Opel purchase. BAIC should in the coming days...
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EXCHANGE RATES
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Source: ECB, September 20, 2024