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FRANKFURT: Robertson: Mini Cross to be introduced in early 2010

October 19, 2009 | 11:14pm CEToriginal
Mini’s offensive will go on with the models Coupe and Roadster. The overall sales of Mini slightly declined in 2009 compared to the record year 2008…
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Automotive supplier Robert Bosch postponing its plans for expansion in Russia by two years

October 19, 2009 | 08:20pm CEToriginal
The reason is a marked downturn of local market and a strong connection of local producers as well. Bosch plans to produce components for…
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Renault and Dacia continue in a number of discounts in October including spare parts and tires

October 19, 2009 | 07:24pm CEToriginal
Today, a winter service action was introduced in the dealer network during which customers receives an inspection of their car before the winter for CZK 98 or an extended inspection for…
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Britain to increase sum for scrap bonuses by one third supporting sales of 100,000 more cars

October 19, 2009 | 06:33pm CEToriginal
However production declined in Britain, a share of manufactured cars intended for local market was the highest over the last…
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Volkswagen agreed on salary increase by 4.2% with employees in Western Germany

October 19, 2009 | 05:47pm CEToriginal
Also extra bonuses related to the carmaker’s performance are a part of the agreement; they could reach up to…
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Seat offering special bonuses for models Ibiza, Leon, Altea and Altea XL by end of year

October 19, 2009 | 04:52pm CEToriginal
The price bonuses according to a model and specification come to CZK 15,000 up to CZK 65,000. The action model Ibiza 25 remains in the offer…
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Car sales in China to grow by 35% this year and to get ahead of US market

October 19, 2009 | 04:20pm CEToriginal
Sales in China were pulled by government bonuses this year which could continue next year, too. A decision on extending the bonuses will be announced by the government…
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AUTO 2009: Skoda Auto: World car market to go down by 9% this year, by 15% in Europe

October 18, 2009 | 08:51pm CEToriginal
A downturn by 6.5% will occur in Western Europe whereas the market in CEE will decline by 47%. Regarding the main emerging markets…
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PRAGUE MOTOR SHOW: Javurek (SDA, Volkswagen): Waiting for scrap bonus declines car sales in Czech Rep by up to 20%

October 18, 2009 | 07:59pm CEToriginal
Sales of new passenger cars and LCVs went down by 13.8% in Q1-3. A number of people are waiting for scrappage scheme whose introduction has been unsure in the meantime…
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Sales of passenger cars in Europe up by 6.3% in September, down by 6.6% in Q1-3

October 18, 2009 | 04:52pm CEToriginal
The results were boosted up by scrap bonuses. The European Central Bank alerts the scrap bonuses will give a boost to automotive industry temporarily only and can delay…
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Tata to merge two plants of British carmaker Jaguar Land Rover

October 18, 2009 | 03:55pm CEToriginal
The decision on which of the plants in Solihull or Birmingham will be closed should be taken next year. Production of the new model Range Rover LRX…
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Skoda Auto to probably succeed in producing planned 20,000 Yeti cars this year

October 18, 2009 | 03:29pm CEToriginal
Current orders which do not cover the entry-version of Yeti yet suggest that. The entry-version has now started being sold; the basic price of Yeti in the Czech Republic has thus dropped by CZK 90,000 to…
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Volkswagen expecting stagnation of automotive market next year

October 18, 2009 | 02:57pm CEToriginal
Currently, the third largest carmaker intends to overtake its competitors Toyota Motor and General Motors behind which it falls by…
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General Motors and Penske negotiations on Saturn sale collapsed, production to be stopped

October 18, 2009 | 02:25pm CEToriginal
Penske has negotiated with the French carmaker Renault on the supplies of cars, car parts and technologies for Saturn, but...
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Honda reduced list prices of models Jazz and Civic

October 18, 2009 | 01:59pm CEToriginal
Jazz has therefore got to the basic price below CZK 300,000, Civic below CZK 400,000. At the same time, Honda introduced new special offers...
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AAA Auto entrusted advertising agency RobertNemec.com with controlling its PPC campaign

October 18, 2009 | 01:12pm CEToriginal
Used car dealer expects from the new cooperation that internet advertising become more effective and cheaper. AAA Auto spend annually for the advertising...
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Gref: Sberbank might sell stake in Opel to Russian state bank VEB

October 18, 2009 | 12:38pm CEToriginal
However, Sberbank prefers an industrial partner. Anyway, the bank has the right to sell stake in Opel without consulting with other shareholders...
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News and special offers by SkoFIN: Operative leasing on-line, APR 0%, GAP insurance free of charge, winter tires for Skoda cars in addition

October 17, 2009 | 08:23pm CEToriginal
The special offer Winter Tires for model Fabia along with availing of a lease or a credit includes advantageous interest running with APR under the limit of…
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Crisis caused wage reduction of 20% of managers in Germany, in automotive 50%

October 17, 2009 | 07:29pm CEToriginal
Wages in the automotive industry are still the highest across the sectors, the average annual income without remuneration reaches...
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LeasePlan showed a profit of EUR 61 million in H1

October 17, 2009 | 06:28pm CEToriginal
The results were very negatively affected by a drop of selling prices of finished car leases. The value of portfolio and the number of cars administered…
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Russia to provide RUB 10 billion for scrap bonus and thus support sales of 200,000 cars

October 17, 2009 | 05:48pm CEToriginal
The government bonus would apply to new cars assembled in Russia. However, there is infrastructure for ecological disposal of car wrecks missing in the country…
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Goldmad Sachs to invest USD 334 million in Chinese carmaker Geely

October 16, 2009 | 08:30pm CEToriginal
The Chinese company will use money acquired by the bonds‘ issue convertible into shares to finance capital expenditures and possible acquisitions. Goldman Sachs might have in Geely a share of…
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Audi extended partnership with Karlovy Vary film festival for next year

October 16, 2009 | 06:03pm CEToriginal
Nearly 60 cars will be again available to the organizers and VIP guests of the 45th year. Audi is also going to introduce its new generation of limousine...
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Hyundai to eventually build plant in Brazil

October 16, 2009 | 02:37pm CEToriginal
The carmaker announced an investment of USD 600 million (CZK 10.4 billion) last year and withdrew its intention at the beginning of this year. Construction of the plant will begin…
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AUTO 2009: Carmakers to require strategic suppliers at levels Tier 2 and Tier 3 too

October 16, 2009 | 11:08am CEToriginal
Carmakers want to be dependent on a lesser number of strong global suppliers and so pressure on establishing supplier alliances can be expected…
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Autofox Wordbook
EXCHANGE RATES
1 EUR = 1.07 USD
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Source: ECB, April 26, 2024