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Skoda Auto

Outcries from exporters push ČNB to intervention

A solid verbal intervention from Czech National Bank (ČNB) Governor Zdeněk Tůma, who spoke about the possibility of cutting basic interest rates Aug. 7 if the crown keeps appreciating, sent the Czech currency back above the Kč...

New car prices drop, but used cars still rule market

With apparent decreases in vehicle prices, new car sales have risen substantially in the Czech Republic. Experts are breaking down the mechanics of lowering a vehicle price without losing money from its base value. Meanwhile,...

Czech passenger car output up in H1

Jul 28, 2008

Czech carmakers produced 528,354 passenger cars and light utility vehicles (LUVs) in the first half of this year, up 10.13 percent year-on-year, the Automotive Industry Association (SAP) said last week. The aggregate production...

Savo producer expanding to Hungary

Jul 28, 2008

Czech detergent and disinfectant producer Bochemie has taken over Hungarian household product maker EVM Háztartásvegyipari és Kozmetikai, buying a more than 99-percent stake from the investment company Eurovalue. Apart from...

Czech passenger car output up 10% in H1

By ČTK / Published 24 July 2008 Prague, July 23 (CTK) - Czech car makers produced 528,354 passengers cars and light utility vehicles in the first half of this year, up 10.13 percent year-on-year, the Automotive Industry...

Skoda Auto revenues, profit down in first half of 2008

Prague - Czech carmaker Skoda Auto AS, a division of Germany's Volkswagen AG, said Wednesday the company saw its profit and revenues decline year-on-year in the first half of 2008, as a consequence of the firming Czech koruna....

Czech Crown falls a bit after years of strengthening

The Czech currency strengthening paused for a moment, after a season of reaching new heights it got back from 23 to 23,50 per Euro. Behind such a sudden fall is the speech of the governor of the Czech National bank Zdenek Tuma....

Skoda Auto's Sales Over The First Six Months Have Grown By 17.9%

Skoda Auto's Sales Over The First Six Months Have Grown By 17.9% Posted by: MSulka on Jul 21, 2008 - 06:00 AM Skoda Auto's Sales Over The First Six Months Have Grown By 17.9% Å koda Auto's sales over the first six months of...

The one outstanding in the crowd

Jul 21, 2008

Mojmír Hampl, vice governor of the Czech National Bank (ČNB), is not your average gray banker. While some people spoke highly about his professional and personal qualities, others tended to reproach him for the very same...

Škoda raises sales almost 18 percent

Jul 21, 2008

Czech carmaker Škoda Auto sold 366,686 vehicles in the first half of 2008, a year-on-year growth of 17.9 percent, spokesman Jaroslav Černý said. Sales grew the fastest in Eastern Europe, where Škoda sold 63,684 cars, up by 40.1...