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Deputy of MF Janota and senator Janackova disagree with scrap bonus in Czech Rep

April 17, 2009 | 02:10pm CEToriginal
The scrap bonus in the Czech Republic will not earn much. Advantage is that even the scrap bonus introduced in other countries has positive effects on the Czech Republic…
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Avia to produce small bus together with Czech firm Kars

April 17, 2009 | 11:05am CEToriginal
It is not clear yet whose logo the buses will carry. Avia will be responsible for sales in the Czech Republic. Kars has unfinished deliveries to…
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Swiss insurance company Zurich to buy car insurance division from AIG

April 16, 2009 | 11:34pm CEToriginal
The agreement is the biggest sale of AIG assets since September, when the company received government’s financial assistance for its rescue. Zurich will pay for the division…
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Opel might continue operations even in case of General Motors bankruptcy

April 16, 2009 | 11:19pm CEToriginal
The German carmaker Opel has reputedly agreed with GM on returning…
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Skoda Auto unions: New factory building in India is expensive mistake

April 16, 2009 | 10:49pm CEToriginal
Planned production of the Fabia model in new Indian plant of VW Group, based in Pune will be unprofitable. Cars from current Indian plant in Aurangabad…
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UK plans to provide grants for electric and hybrid cars purchasing by 2011

April 16, 2009 | 10:15pm CEToriginal
British motorists who buy electric vehicles might receive from the Government as of 2011 up to...
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Horst Muhl left the post of Skoda Auto Board member for production and logistics

April 16, 2009 | 09:23pm CEToriginal
The carmaker is now looking for his successor. Muhl left at the end of March, because of...
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General Motors reputedly considering sale of Pontiac and GMC brands

April 16, 2009 | 06:53pm CEToriginal
GM plans to sell or close the Hummer, Saab and Saturn brands. On the other hand, particular brands should probably be secure…
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Lossmaker Saab in interest of 27 investors

April 16, 2009 | 04:57pm CEToriginal
Unprofitable Swedish carmaker Saab, which belongs to the US concern General Motors, has signed with 27 eventual buyers…
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Carmakers were not saved by scrap bonus, new passenger car sales in Europe fell by 9% in March

April 16, 2009 | 04:36pm CEToriginal
Despite, sales in March increased by almost 40% in Germany, the biggest economy of Europe, in other EU member states…
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Concept of scrap bonus initiation in Czech Rep plans for CZK 1,000 bail

April 16, 2009 | 12:45pm CEToriginal
According to HN, there would be about CZK 2.5 billion in the Czech system, the money would amount…
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Group of investors headed by Black Oak Partners interested in GM´s brand Saturn

April 16, 2009 | 12:02pm CEToriginal
A new distribution company of Saturn cars to be established would first take the cars from General Motors, later on also…
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Slovakia does not negate the third round of scrap bonus this autumn

April 15, 2009 | 10:24pm CEToriginal
The scrap bonus self-financing has been confirmed in the first two rounds in Slovakia. Collected VAT exceeded the paid subsidies by...
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Lesy CR bought cars without opened tender for the first time

April 15, 2009 | 09:09pm CEToriginal
In February, the company bought seven Audi cars from Import Volkswagen Group with a discount of 30%. Car purchase will be verified by…
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Skoda sold 19,248 cars in China in Q1, up 18.7% y/y

April 15, 2009 | 08:56pm CEToriginal
Volkswagen Group China has revised its production plan for this year by 50,000 units more after the carmaker registered in Q1 a growth in sales of...
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Toyota opened new headquarters for Czech Rep and Slovakia in Prague

April 15, 2009 | 05:25pm CEToriginal
A new administration building for more than CZK 300 million has been occupied by…
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Ceska rafinerska began planned refinery lay-off in Kralupy

April 15, 2009 | 03:12pm CEToriginal
Maintenance and repair checks will be carried out during the lay-off. Simultaneously, there are 31 investment operations under way in Kralupy...
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Planned Fiat-Chrysler partnership is at risk because of US trade unions approach

April 15, 2009 | 01:50pm CEToriginal
Fiat CEO Sergio Marchionne sees the chances of a partnership of the two carmakers…
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Half of 5,100 workers of Jihlava-based plant of Bosch to stay at home this week

April 15, 2009 | 08:45am CEToriginal
The reason is a shortage of commissions of the company manufacturing the injection system components for diesel engines. The remaining production sections…
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The second round of scrap bonus ended in Slovakia on Tuesday evening

April 15, 2009 | 01:32am CEToriginal
In the second round of scrap bonus in Slovakia, motorists delivered the same amount of jalopies for half time as in the first round. Next round...
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Saab to dismiss 700 employees instead of 750 originally under consideration

April 14, 2009 | 06:04pm CEToriginal
There will be 646 employees in production and 55 clerical positions concerned. These employees will be dismissed as of…
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Shell moves investments from Europe and Africa, and is together with Chinese partners interested in Iraq

April 14, 2009 | 05:46pm CEToriginal
Oil giant Royal Dutch Shell is also poised to strengthen its operation in the retail and refineries in...
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CSU: Motor vehicles production contributed to the y/y industrial production decline the most

April 14, 2009 | 04:37pm CEToriginal
Scrap bonus in Germany and Slovakia should according to analysts reflect in industrial production by...
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NY Times: Ministry of Finance ordered General Motors to prepare for bankruptcy

April 14, 2009 | 03:46pm CEToriginal
A newly established company would then buy “good” property of General Motors according to the plan. Less desired property would…
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Topolanek not to initiate scrap bonus program this year, Paroubek insists on autumn term

April 14, 2009 | 01:25pm CEToriginal
The scrap bonus introduction in the Czech Republic as of September 1 or October 1 would be a new impulse for domestic carmakers which…
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Czech antitrust authority imposed fine on two car dealers for cartel
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SaarGummi plans further investment in Czech Rep
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