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GENEVA: TomTom targets sale of up to 220,000 units in Czech Rep and Slovakia in 2009, plans to enter new markets

March 9, 2009 | 08:28pm CEToriginal
Navigation device maker TomTom plans to expand to new markets this year and on the Czech and Slovak markets it expects to sell...
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KPMG: Automotive companies should not dismiss high-quality workers during crisis

March 7, 2009 | 08:19pm CEToriginal
The automotive sector in CEE will tighten its belt as a result of the global economic crisis, but it will survive. However, the companies should keep…
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GENEVA: Fisker to have 40 dealers in Europe, dealer network to be established by two distributors

March 7, 2009 | 05:50pm CEToriginal
New American carmaker Fisker Automotive set two distributors for Europe. The entrusted companies are…
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Fisker Karma: American hybrid sedan to order in Europe for EUR 78,780

March 7, 2009 | 05:26pm CEToriginal
New American carmaker Fisker has already got 1,300 orders for its first model, production and supplies to the customers will start…
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GENEVA: Brilliance aims to boost its European sales to 6,000 units in 2009 after it receives EU homologation

March 6, 2009 | 08:25pm CEToriginal
Chinese carmaker Brilliance expects to markedly increase its European market share after it receives single-type of the EU approval in...
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Strict European standards draw away ingoing of Chinese carmaker BYD to Europe

March 5, 2009 | 11:19pm CEToriginal
The Chinese carmaker BYD is experiencing troubles with entering its vehicles to the European market. The cars might come into Europe in…
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GENEVA: Declined prices of new cars due to economic crisis interfere with Brilliance coming into Czech and Slovak markets

March 5, 2009 | 07:37pm CEToriginal
Initiation of the Chinese cars Brilliance sales is drawing away. The situation has changed due to the economic crisis...
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GENEVA: DR Motor to launch sales in further EU countries including Czech Rep and Slovakia

March 5, 2009 | 06:36pm CEToriginal
DR Motor aims to increase its European market share by launching sales of Chery-based products in...
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GENEVA: Kia's Slovak facility to modify production plan for 2009 by May

March 4, 2009 | 02:34pm CEToriginal
Kia Motors Slovakia to review its 170,000 production plan for 2009 following the...
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GENEVA: Nosovice: Production of Hyundai i30 with start-stop system to begin in summer, compact MPV Kia No 3 in autumn

March 4, 2009 | 12:15pm CEToriginal
Kia introduced a concept of small MPV entitled No 3 which is an operational name. Production of the serial version will begin…
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The Chamber of Deputies allowed deduction for passenger cars, 2009 sales possibly up by 15,000 units

March 4, 2009 | 02:58am CEToriginal
On Tuesday the Chamber of Deputies approved an amending act of Value Added Tax (VAT), which allows businessmen…
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Volkswagen Group to double sales in China to 2 milion cars by 2018

February 27, 2009 | 07:42pm CEToriginal
Volkswagen Group China plans to double sales in China by 2018. Last year the group sold on the Chinese market...
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Fiat to offer up to 4 models with LPG in 2009, supply of Ducato with CNG to that

February 26, 2009 | 09:27pm CEToriginal
Fiat will widen its involvement in alternative drives in the Czech Rep and Slovakia. It will offer at least three models with LPG on both markets…
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Increased demand due to scrap bonus made Soda Auto produce on Fridays again

February 26, 2009 | 07:36pm CEToriginal
Skoda Auto motor works will return to 5-day work week within production of most models. Yeti will be produced…
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AAA Auto and Sixt New Kopel to jointly sell used cars in Romania

February 26, 2009 | 05:49pm CEToriginal
Used car dealer AAA Auto signed a joint venture agreement with Romania's Sixt New Kopel to sell used cars under a common brand in Romania...
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Audi to provide cars for the Karlovy Vary International Film Festival for the fourth time

February 25, 2009 | 08:57pm CEToriginal
Audi will bring to Karlovy Vary Film Festival besides A6 and A8 limousines…
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European carmakers call on EU to take crisis measures

February 25, 2009 | 08:42pm CEToriginal
European Automobile Manufacturers Association ACEA calls on EU to take steps to take measures to help the European automotive industry during the financial crisis...
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Volkswagen merged its plant and importer into one company in Russia

February 25, 2009 | 08:18pm CEToriginal
German carmaker Volkswagen made structural changes in the management of its activities in Russia. Shares of each unit…
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UniCredit Leasing replaced GMAC in financing of Opel and Chevrolet in the Czech Rep and Slovakia

February 23, 2009 | 08:50pm CEToriginal
Car and dealer financing of the Opel and Chevrolet brands in the Czech Republic and Slovakia has become the responsibility of an external company. The contract length...
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UniCredit Leasing dropped along with the market last year, interest shifted to non-lease financing

February 23, 2009 | 06:28pm CEToriginal
UniCredit Leasing signed 23,932 contracts in the Czech Rep last year in volume of CZK 14.51 billion which represents decline according to year-to-year statistics…
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Czech bus maker SOR Libchavy to invest CZK 40 million in 2009

February 23, 2009 | 05:24pm CEToriginal
Czech bus manufacturer SOR Libchavy expects to invest CZK 40 million this year, possibly hire further employees...
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CSOB Leasing to intensify cooperation with Hyundai, financed one third of sold cars in 2008

February 20, 2009 | 09:17pm CEToriginal
Leasing company CSOB Leasing wishes to offer the branded car and dealer financing to other carmakers…
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Skoda Auto to sell Yeti on Indian market as of early 2010

February 20, 2009 | 08:59pm CEToriginal
Czech carmaker Skoda Auto has confirmed plans to introduce the fourth model to Indian market; sales of Yeti will be launched in...
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Aisin wants to double turnover to EUR 80 million in Czech Rep till 2012

February 19, 2009 | 10:55pm CEToriginal
Results in 2008, plan for 2009, HR, decrease in orders, new contracts, products and customers...
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