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Operating Sphere

Fuel prices stagnating for second week already in Czech Rep

April 20, 2009 | 01:24pm CEToriginal
The most selling petrol Natural 95 became more expensive by 1 heller on average to CZK 25.72/L last week. Price of diesel…
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Nippon Kayaku plans triple production increase in Jablunka

April 20, 2009 | 12:47pm CEToriginal
Annual production of around 200 tons of gas generator unit for car airbags has been directed exclusively to Japan so far. In the future…
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US government apparently ordered General Motors debt exchange for shares

April 19, 2009 | 08:52pm CEToriginal
The government might also convert loans provided to GM under the state assistance into shares…
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Fiat might supposedly form alliance with European part of General Motors

April 19, 2009 | 07:49pm CEToriginal
Fiat is already working on a partnership formation with American carmaker Chrysler. The condition is…
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Volkswagen to initiate production in Bratislava on Monday again

April 19, 2009 | 06:37pm CEToriginal
Volkswagen discontinued the production in Bratislava-based plant twice this year. The plant’s employees could draw the leave or…
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Former VW head Pischetsrieder might become head of Opel carmaker

April 18, 2009 | 06:51pm CEToriginal
Bernd Pischetsrieder might be nominated to the post, according to the dealers association AVAG, but only in case…
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Auto Express: Skoda overtook Lexus in terms of British motorists’ satisfaction

April 18, 2009 | 04:45pm CEToriginal
Porsche, Jaguar and Honda brands follow. Considering the particular Skoda models…
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GM’s bankruptcy probability increased according to company’s new CEO

April 18, 2009 | 01:46pm CEToriginal
For the German carmaker Opel, General Motors has found more than…
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Slovnaft to joint EUR 65.8 million in dividends

April 17, 2009 | 11:42pm CEToriginal
About two thirds of the last year’s net profit are concerned. On one share of stock falls a dividend of…
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Skoda Auto disputes with labor unions about prospective working Saturdays

April 17, 2009 | 11:05pm CEToriginal
The company would like to initiate the so-called time accounts because of the working Saturdays, but the unionists…
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ADAC: Most reliable cars made by German carmakers Audi, BMW and Mercedes-Benz

April 17, 2009 | 10:43pm CEToriginal
Skoda Fabia was placed on the 23rd rank out of 32 assessed small cars in the 2009 reliability chart and Skoda Octavia on…
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Czech Rep does not want to contribute to scrapyards, carmakers should pay them instead

April 17, 2009 | 10:02pm CEToriginal
The State will only cover scrapyards liquidation of lapsed brands from the first registration fees of vehicles not meeting the emission standards…
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Labor inspectorate to verify compliance of labour-law regulations in Brano

April 17, 2009 | 06:13pm CEToriginal
The information published in the local paper which have been contested by Brano Group head Pavel Juricek state about the alleged bullying, irregular...
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Volkswagen became potentially world leader among car manufacturers in Q1

April 17, 2009 | 05:37pm CEToriginal
Volkswagen Group sold 1.39 million vehicles in Q1 2009. While the competitive Toyota Motor according to preliminary results…
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EuWe Eugen Wexler to start production in Rokycany in next hall at the beginning of May

April 17, 2009 | 05:02pm CEToriginal
The new hall cost CZK 200 million. EuWe will produce there parts for the all-new…
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Reinhard Fleger to be new member of Skoda Auto Board as of June

April 17, 2009 | 03:54pm CEToriginal
Reinhard Fleger is now working as a Board member for finance and sale of the Volkswagen de Mexico company. He will take charge of the field...
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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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ACEA: Skoda registrations in Europe increased by 10.6% y/y in March, its market share further grows

April 16, 2009 | 07:05pm CEToriginal
Registration of new passenger cars in the Czech Republic increased by 0.9% y/y to 12,410 units in March, in Slovakia even by...
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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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SELECTED FLASH NEWS
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In referendum in October 2021, residents of Třemošnice, Czechia expressed their opposition...
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SELECTED ARTICLES
Czech antitrust authority imposed fine on two car dealers for cartel
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King Long expands in Europe, established partner for Czech Rep and Slovakia
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EXCHANGE RATES
1 EUR = 1.07 USD
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Source: ECB, May 3, 2024