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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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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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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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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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PSA to decrease number of media agencies to two out of six in Europe within cost reduction

July 2, 2009 | 06:24pm CEToriginal
Sole media service suppliers will be agencies Havas/MPG and OMD. Selection procedures will take place in three European countries...
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Serious financial problems are reason for PMG Finance group activities sale

July 1, 2009 | 10:36pm CEToriginal
Company AuTec Group is now consolidating by the consulting firm NSG Morison. As a part of the restructuring it will take place...
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TUV Sud merged activities for automotive and other industries and services in Czech Rep

July 1, 2009 | 10:22pm CEToriginal
This should bring greater efficiency and for customers more complex services. The acquiring company TUV Sud Czech has now two divisions...
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Employees of Alcoa Fujikura want to be compensated more for dismissals

July 1, 2009 | 09:54pm CEToriginal
Today's negotiations of the company with trade unions, which were preceded by a protest of about a half of the company's employees, did not bring any particular result. Another negotiation...
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General Motors and Ford suspended their plants in Russia

July 1, 2009 | 08:20pm CEToriginal
The cause is downturn of demand. GM's plant in Sankt Petersburg will cease production for two months. Ford has suspended production in its Russian plant until...
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Porsche rejected Volkswagen‘s offer, Qatar to be new investor

July 1, 2009 | 05:57pm CEToriginal
Porsche will offer Qatar either a share in the company, or it will sell options for to further shares purchase in Volkswagen. The starting point can also be...
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Insurance companies Uniqa and D.A.S. initiated cooperation on car insurance

July 1, 2009 | 04:25pm CEToriginal
From July they will be offering a joint product compound of damage liability, accident insurance, and motor legal protection insurance. Clients can thus save up to...
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General Motors apparently close to agreement on Opel sale to Belgian company RHJ International

July 1, 2009 | 02:29pm CEToriginal
RHJ International has enhanced its offer. According to sources, the preliminary agreement might be signed...
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Cebia: 200,000 sold cars per year with lower number on speedometer in Czech Rep

July 1, 2009 | 12:52pm CEToriginal
That is about 40% of all sold used cars. Due to a lower number of kilometres on speedometer the cars are overpriced by...
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Skoda Auto to produce engines and transmissions even during company holiday

July 1, 2009 | 11:46am CEToriginal
Work will be voluntary during the holiday. It should be similar with the extraordinary working Saturdays, which are now being negotiated...
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Alcoa ends production in the Czech Rep because of low sales and also strong domestic currency

June 30, 2009 | 04:32pm CEToriginal
Staff of the Stribro-based plant intends to organize protests before the next round of negotiations with trade unions on Wednesday...
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A. Charouz to import electric cars to Czech Rep, as well as hybrids

June 29, 2009 | 11:13pm CEToriginal
First, it will be utility vehicles, later followed by passenger cars. A. Charouz is already agreed on the first car delivery in the Czech Republic, but negotiating with other subjects...
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Porsche against sale of 49% share to carmaker Volkswagen

June 29, 2009 | 10:00pm CEToriginal
This sale is part of a proposal for the German carmakers’ merger, in which Qatar would play a big part...
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