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Operating Sphere+Region

Credium increased its market share in all vehicle categories’ financing in H1

September 7, 2009 | 10:14am CEToriginal
The branded financing Fiat Group has helped to that situation. Credium is preparing further cooperation with carmakers on the Czech market...
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Autobond expands to further city in Czech Rep

September 6, 2009 | 11:42pm CEToriginal
After a long-term operation in Prague and Ostrava and last year’s opening of Opel, Chevrolet and Kia showrooms in Karlovy Vary, it will offer one of its existing brands in...
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General Motors possibly not to sell German carmaker Opel

September 6, 2009 | 10:25pm CEToriginal
GM is therefore intending to prevent the Opel technology falling into the Russian hands. The head of GM Europe did not exclude it, according to him it is also possible that the winner will be...
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Norwegian company Hydro Aluminum not to produce car bumpers in Domazlice

September 6, 2009 | 09:35pm CEToriginal
The reason is a bankruptcy of developer of the building, Immo Industry. Hydro is now looking for a new production area in the Czech Republic. It might be clear by the end...
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Smith Electric to offer electric vehicles Avia also in Central Europe including Czech Rep

September 6, 2009 | 08:59pm CEToriginal
The light trucks Smith Newton with a range of up to 400 km are intended primarily for city delivery service. Avia is also involved in the development of electric buses...
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Several carmakers willing to have Bob Dylan’s voice in navigations of their cars

September 5, 2009 | 02:50pm CEToriginal
He would therefore follow the British actor John Cleese, American actress Kim Cattrall, the cartoon character Homer Simpson, but also the Czech actor...
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Rich people prefer to enter luxury car club instead of purchasing exclusive car these days

September 5, 2009 | 01:56pm CEToriginal
They thus save up for buying new cars, their alternation, service and other functional things. The Australian club Supercar…
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Ipsos/Direct: Rate of driving fuel consumption among most important factors when purchasing new car

September 5, 2009 | 01:15pm CEToriginal
Economic situation forces Czechs to drive more economically, to which the style of driving contributes as well. To forego wasted expenses for operation and services, they try to...
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Car sales in USA rose in August, first time since October 2007

September 5, 2009 | 12:22pm CEToriginal
Asian carmakers and Ford profited from the growth the most due to their efficient models. In September and the following months, analysts and carmakers expect...
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Qatar already acquired shares in Porsche SE and Volkswagen

September 4, 2009 | 06:15pm CEToriginal
Rights for a purchase of 6.96% of the Volkswagen shares are owned by one of Qatar's financial advisors in this transaction, Swiss company...
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Hyundai's Nosovice-based plant shut down employment office in Ostrava along with initiating second shift

September 4, 2009 | 05:52pm CEToriginal
The office could be restored before recruitment of workers for a third shift in 2011 which should begin with 3,400 employees. Currently, the carmaker employs…
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Passenger car sales in France and Spain boosted up by scrap bonuses in August

September 4, 2009 | 05:20pm CEToriginal
Car sales went up by 7% y/y in France in August; after previous 16-month drops in a row the sales in Spain…
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Direct Pojistovna wants to increase number of clients more than fivefold in Czech Rep by 2013

September 4, 2009 | 01:12pm CEToriginal
The insurance company wants to achieve it by natural growth and extension of offer of other products. The expansion will proceed in non-life insurance exclusively though…
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General Motors seeks help for Opel also from governments of Spain, Britain and Poland

September 4, 2009 | 11:28am CEToriginal
So far, the German government has been the only one to offer a loan to the new owner. Comprehensive support from these three states should reach the volume...
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Car sales in Japan returned to growth after 13 months in August

September 4, 2009 | 10:47am CEToriginal
The growth in August reached 2.3%; total of 198,265 cars were sold. Whereas Toyota and Honda increased sales in August, Nissan’s sales went down by…
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Passenger car registrations in Czech Rep still slightly growing, other categories noting marked fall

September 4, 2009 | 09:44am CEToriginal
Sales of new passenger cars went up by 16.3% in August; sales of light commercial vehicles dropped by 76.6%. In total, considering vehicles up to 3.5 t…
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General Motors further expands in China, now in production of commercial vehicles

September 3, 2009 | 08:00pm CEToriginal
GM will set up a joint venture with a local carmaker FAW, which is going to integrate two existing FAW plants and one newly built. Moreover, GM is interested in a share in other joint venture...
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Honda to develop electric car, introducing it on US market first

September 3, 2009 | 06:23pm CEToriginal
It will be a small car, whose prototype might be introduced during this year. However, Honda plans to introduce it o the market in...
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Employees of Volkswagen Group want minority share in company

September 3, 2009 | 05:26pm CEToriginal
Trade unions of the carmakers Volkswagen and Porsche, which will become parts of one group according to an agreement concluded in August, would put up with a share…
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Czech company Ydun developed lead-free starter battery first off in the world

September 3, 2009 | 04:10pm CEToriginal
The battery meets all requirements of the EU directive from 2006 to which they have had an exception so far. The company wants to offer the product worldwide, and will launch it into market…
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Production of model Hyundai i20 for European market to take place in Turkey as of May 2010

September 3, 2009 | 03:01pm CEToriginal
Earlier, the Czech Republic or Slovakia were being considered as well. However, only some versions will be manufactured in the Izmit-based plant; the carmaker will invest there…
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Ceska pojistovna initiated campaign for acquiring lost damage liability clients

September 3, 2009 | 02:09pm CEToriginal
The insurance company will address 15,000 former customers, who changed the insurance company, within the pilot project. The campaign for automotive insurance will be introduced by other insurance companies in autumn as well…
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New car sales in Germany jumped by 28% in August

September 2, 2009 | 10:09pm CEToriginal
Scrap bonus helped the situation, but financial means for it have been exhausted today. State premium helped the Czech carmakers as well; Skoda Auto is now handling orders from...
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RHJ International has increased offer for Opel share

September 2, 2009 | 06:45pm CEToriginal
Belgian investment company now offers EUR 300 million in cash instead of the original EUR 275 million for 50.1% share in Opel. At the same time, it reduced the guarantee demand...
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Peugeot 207 facelift: Lower prices, competition for Peugeot 908 ride, navigation for the first 500 customers

September 2, 2009 | 05:16pm CEToriginal
The carmaker has prepared also other hot offers for passenger and commercial vehicles in September, including the combination with service and finance...
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SELECTED FLASH NEWS
Milan Král a.s. (dealer of Mercedes-Benz cars, vans, trucks in České Budějovice, Czechia)...
Domanský (Peugeot, Hyundai, Toyota, DS Automobiles dealer, Citroën service in Prague...
SELECTED ARTICLES
Czech antitrust authority imposed fine on two car dealers for cartel
Shandong Linglong Tire wants to build two more plants, one in Europe
Chassix wants to build plant in Eastern Europe
SaarGummi plans further investment in Czech Rep
Samsung looking for suppliers on new type of EV batteries
Constellium to build second plant in Czech Rep
King Long expands in Europe, established partner for Czech Rep and Slovakia
Schaeffler wants to build new plant in Eastern Europe
Toyoda Gosei to increase production in Europe
Benteler to build two new plants in Central Europe
Kirchhoff Automotive looking for new suppliers
Ford Store: Ford chose six dealers in Czech Rep to sell premium products
Hyundai expands operations in Central Europe
Uni Gasket to expand production in Europe
Vision & Strategy 2025: Brose to make global competence centre from Ostrava
Brano aims to develop its own electric vehicle, later might start producing it
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