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Sumitomo Corporation continues in damping automotive activities in Central Europe

June 15, 2009 | 08:27pm CEToriginal
SE Bordnetze, a producer of cable harnesses for cars, will reportedly cease production in Slovakia. The company has though denied that. Conversely, it prepares…
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BMW tightened up sale conditions for car brand Mini, dealers must have separate showroom

June 15, 2009 | 07:56pm CEToriginal
Therefore there are only two authorized dealers of Mini in the Czech Republic currently—a Prague-based company AuTec Group and a Brno-based company Renocar, which is soon opening...
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Scrapyards: Scrap bonus to worsen situation in jalopy treatment field

June 15, 2009 | 05:46pm CEToriginal
Environmental liquidation of old cars is unprofitable, among others, due to a decrease in purchasing raw material prices. Companies are not planning to invest before the scrap bonus introduction...
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Over 60,000 people applied for scrap bonus in Great Britain over a month

June 15, 2009 | 05:04pm CEToriginal
The government have set apart GBP 300 million for the scrappage scheme so they are ready for supporting sales...
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Qatar close to taking over share in German carmaker Porsche

June 15, 2009 | 09:53am CEToriginal
An agreement with Qatar is reportedly supported by majority of the Porsch and Piech families. The decision on selling the share could be made...
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Specialists do not like hiring agency staff instead of people dismissed from full-time employment

June 14, 2009 | 11:22am CEToriginal
Therefore they want to negotiate with the government. According to trade unions, these practices are applied by many automotive suppliers due to the crisis presently...
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EC: Support of US carmakers could harm global trade

June 14, 2009 | 10:20am CEToriginal
A confidential report of EC criticizes support of the carmakers General Motors and Chrysler, but also anti-crisis measures in some other states such as...
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Hradek-based Trelleborg acquired new orders from VW Group and BMW Group

June 12, 2009 | 02:52pm CEToriginal
The company is going to hire 60 new employees; it employs about 360 people. The company has acquired new orders for cars…
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Saab to be bought by Swedish carmaker Koenigsegg and Norwegian investors

June 12, 2009 | 12:26pm CEToriginal
Both parties have reportedly signed a preliminary agreement yesterday and should definitely announce the deal in…
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Crisis made luxury car dealers reduce prices rapidly in Russia

June 12, 2009 | 12:08pm CEToriginal
For instance the company Mercury, which represents the brands Bentley, Bugatti, Ferrari, Maserati and Lamborghini in Russia, is now selling out stock cars from the last year...
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Changes in Ford in Olomouc: The new and the only authorized dealer is Cars Morava

June 11, 2009 | 11:58pm CEToriginal
Other dealers have agent status only. Cars Morava has opened a new showroom in Olomouc which the company plans to extend. Sale plans make…
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Biofuel E85 started being sold in Czech Rep, a litre for CZK 25

June 11, 2009 | 11:54pm CEToriginal
A first filling station was built in Mlada Boleslav. There is a range of models with drive consuming a biofuel E85, most of them from Swedish carmakers. Skoda Auto...
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Magna reputedly aims to cancel 11,600 jobs in Europe

June 11, 2009 | 06:41pm CEToriginal
It has been counted with the abolition of only about 10,000 jobs so far, including 2,500 in Germany. The German government is still in contact with other candidates...
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Ceske drahy began cooperation with Hertz car rental, car to be laid on station

June 11, 2009 | 05:56pm CEToriginal
So far, the offer is valid for five stations in four major cities, where Hertz has set up a meeting point. Ceske drahy customers will get a discount...
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Third interested company in carmaker Saab is US investment company Merbanco

June 11, 2009 | 05:21pm CEToriginal
In late May Swedish media were talking about the Italian carmaker Fiat apart from Koenigsegg and Renco Group. GM has two options considerng the sale of Saab...
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Median: Czechs appreciate scrap bonus but are not likely to buy new car

June 11, 2009 | 11:52am CEToriginal
Almost 61% polled consider the scrap bonus a good thing. However, people are less enthusiastic about using the bonus...
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Chrysler and Fiat founded alliance, US court rejected appeal of objectors to transaction

June 11, 2009 | 10:25am CEToriginal
Fiat will acquire a 20% share in a new company entitled Chrysler Group LLC. For the share the carmaker will provide Chrysler...
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BRNO: Foxcar did not succeed with Pagani brand, dealership for Czech Rep acquired by A. Charouz Motors

June 10, 2009 | 11:20pm CEToriginal
The company from Antonin Charouz's automotive group is now considering where they will be offering Pagani cars. There are two possible localities...
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Passenger car sales up by 46.8% in China in May

June 10, 2009 | 10:02pm CEToriginal
China might replace the United States as the world’s largest car market this year. The overall car sales should overrun a bound…
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Jahn: Way out of crisis in automotive industry can last for up to 5 years

June 10, 2009 | 09:10pm CEToriginal
According to Jahn, consolidation of carmakers and suppliers will turn up because global car production is currently beyond capacity of the market by about...
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Turkey aims to increase car parts’ import in Czech Rep from last year's EUR 35 million

June 10, 2009 | 08:10pm CEToriginal
Local automotive suppliers are already supplying Hyundai in Nosovice and Volkswagen in Germany. In the Czech Republic, they would also like to supply...
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Former head of AT&T, Ed Whitacre to be new board chairman of GM

June 10, 2009 | 03:13pm CEToriginal
He will take charge of the new post as soon as the carmaker gets from the bankrupt mode. The current chairman of the managing board Kent Kres…
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Porsche negotiate carmaker's quarter share sale to Qatar

June 10, 2009 | 02:24pm CEToriginal
The negotiations are according to Porsche under way exclusively with Qatar and in an advanced stage. The agreement of sale might be announced...
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BRNO: Car production in Czech Rep to increase by 10% this year and exceed 1 million for first time

June 9, 2009 | 06:38pm CEToriginal
The growth will be caused by Hyundai mainly, but also by TPCA. The Kolin-based carmaker plans weekend shifts similarly to Skoda Auto...
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WMS Flocktechnik leavïng Czech Rep due to crisis, over 50 people lost their jobs

June 9, 2009 | 03:20pm CEToriginal
The company has already ceased production in Humpolec and asked the court for declaration of insolvency. The reason is a decline of orders...
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