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Jaguar Land Rover breaks ground for Slovak plant

Jaguar Land Rover breaks ground for Slovak plant

14.September 2016

Jaguar Land Rover has started work on its new factory in Slovakia. The plant will build a range of all-new aluminum Jaguar Land Rover vehicles, JLR said in a statement on Tuesday.

Daimler will build second Mercedes plant in Hungary

Daimler will build second Mercedes plant in Hungary

29.July 2016

Daimler will invest 1 billion euros ($1.1 billion) in a second Mercedes-Benz plant in Kecskemet, Hungary, the automaker said today. The plant will build front and rear-wheel drive cars. It will also be capable of producing alternative powertrain models.

Gestamp expands production in Žatec

Gestamp expands production in Žatec

15.July 2016

Spanish Gestamp, which in the industrial zone Triangle near Zatec pressed steel components for automobiles, plans to expand production.

VW’s Skoda brand mulls U.S. sales

8.June 2016

Volkswagen Group’s Skoda unit is considering whether to sell cars in the U.S. where its parent is mired in a diesel emissions scandal.

Auto Palace renewed Hyundai showroom

Auto Palace renewed Hyundai showroom

27.May 2016

Auto Palace refurbished its Hyundai showroom in Prague’s Butovice. The new outlet was opened in the presence of leading representatives of both companies this week. The adjustment came to 20 million crowns.

AGC Automotive invests in Teplice this year

AGC Automotive invests in Teplice this year

25.May 2016

AGC Automotive Czech operates a plant in Chudeřice, near the city of Teplice. Investments of $ 160 million CZK is planned for this year. A third of the amount will be used for technology development.

Czech Republic sold land to Nexen Tire

Czech Republic sold land to Nexen Tire

26.April 2016

Czech authorities approved the purchase contract with South Korea’s Nexen Tire Corporation, which goes on sale of land in the SPZ Triangle.

Czechoslovak Group buys Avia Letnany

Czechoslovak Group buys Avia Letnany

22.April 2016

Investment tycoon Czechoslovak Group buys Prague’s truck maker Avia. The carmaker had been owned by Indian firm Ashok Leyland Armament Group formerly. The new investor wants to produce 200 to 300 trucks a year.

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