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National Development Bank (NRB) accepted 2,546 applications in Czechia during more than three months (14 weeks, March 18 – June 25) since launch of Electromobility Guarantee program (guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs). Bank concluded 1,954 guarantee contracts (for 2,084 EVs, 796 chargers), approved another 132 applications, now assessing 446 applications
June 28, 2024 | 05:47pm CETflashread more
AutoSAP: 11,004 (passenger) electric vehicles produced in Czechia in May (-33.9%; 8,140 battery electric vehicles, -31.8%, 2,864 plug-in hybrids, -39.3%), of which 11,001 cars (-33.9%; Škoda: 5,104 BEVs, -37.6%, 882 PHEVs, -57.3%; Hyundai: 3,033 BEVs, -19.4%, 1,982 PHEVs, -25.2%) and 3 buses (SOR: 0 BEVs; Škoda Electric: 0 BEVs; Iveco: 3 BEVs)
June 28, 2024 | 05:34pm CETflashread more
JATO Dynamics: Volkswagen T-Roc (20,387 registered vehicles, +11%) was best-selling car in Europe (28 countries) in May, followed by Volkswagen Golf (20,000, +30%), Dacia Sandero (19,332, -11%), Renault Clio (18,963, +5%), Škoda Octavia (16,149, +6%), Peugeot 2008 (15,976, +8%), Peugeot 208 (15,497, -15%), Opel/Vauxhall Corsa (15,393, -11%), Citroën C3 (15,291, +69%) and Toyota Yaris Cross (14,941, +5%)
June 28, 2024 | 05:21pm CETflashread more
Emil Frey Kyje: Emil Frey (Kia, Subaru, Suzuki, Toyota dealer in Prague; distributor of Subaru and Stellantis brands in Czechia – Abarth, Alfa Romeo, Citroën, DS Automobiles, Fiat, Fiat Professional, Jeep, Opel, Peugeot) to build new service, training facility (2,246 sqm) with three-storey building, showroom, presentation areas for 262-334 new and nearly-new used vehicles in Prague in 2024-2025, construction to be provided by Subterra (Metrostav Group). Adimo ČR plans to open new 20,070 sqm premises in Černý Most in May-November 2025 with 95 employees
June 27, 2024 | 03:57pm CETflashread more
Unions: Škoda Auto cancels some shifts in Mladá Boleslav, Czechia due to shortage of parts for Enyaq and Octavia
June 24, 2024 | 12:42pm CETflashread more
ACEA: New car registrations in EU down by 3% in May (Volkswagen +1.6%; Stellantis -6.9%; Renault -5.4%; Toyota +13%; Hyundai -6.3%; BMW -17.7%; Mercedes-Benz -3.6%; Ford -17.8%; Volvo Cars +28.5%; Nissan +7.2%; Tesla -34.2%; Suzuki +4.6%; Mazda +15.4%; SAIC -0.2%; Mitsubishi +26.1%; Jaguar Land Rover +11.3%; Honda +48.2%), individual fuel/power types successful differently (BEV -12%, PHEV -14.7%, HEV+MHEV +16.2%, FCEV+NGV/CNG+LPG+biofuel/ethanol -19.1%, petrol -5.6%, diesel -11.4%)
June 24, 2024 | 12:27pm CETflashread more
National Development Bank (NRB) accepted 2,361 applications for 2,517 electric vehicles (2,467 passenger cars, 50 trucks), 962 charging stations in Czechia during three months (13 weeks, March 18 – June 17) since launch of Electromobility Guarantee program (guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs). Bank concluded 1,772 guarantee contracts (for more than 1,800 cars and 45 trucks), approved another 120 applications, now assessing 455 applications. Of total volume of allocated resources (CZK 1.95 billion/EUR 79 million – CZK 1.65 billion for BEVs/FCEVs + CZK 300 million for chargers), roughly 36% (CZK 700 million/EUR 28 million) currently reserved, NRB paid out CZK 65.4 million (EUR 2.64 million) so far
June 20, 2024 | 02:44pm CETflashread more
National Development Bank (NRB) accepted applications for 2,442 electric vehicles, 927 charging stations in Czechia during almost three months (13 weeks, March 18 – June 13) since launch of Electromobility Guarantee program (guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs). Bank concluded 1,716 guarantee contracts, approved another 116 applications, now assessing 445 applications, rejected two applications
June 18, 2024 | 03:42pm CETflashread more
Emil Frey (Kia, Subaru, Suzuki, Toyota dealer in Prague; distributor of Subaru and Stellantis brands in Czechia – Abarth, Alfa Romeo, Citroën, DS Automobiles, Fiat, Fiat Professional, Jeep, Opel, Peugeot) closed Emil Frey Select used car shop in Hostivař, moving central warehouse to another area in same district
June 18, 2024 | 03:26pm CETflashread more
ČSÚ: Car prices in Czechia up by 0.1% m/m in May, down by 1.2% y/y (new: +0.5%, +2.6%; used: -0.1%, -3.7%). Inflation (consumer price index/CPI) in related areas developed differently – motorcycles (+0.1%, +0.4%), spare parts and accessories (-0.4%, +4.1%), fuels and oils (-1.8%, +10.8%), maintenance and repairs / service works (+0.6%, +8%)
June 13, 2024 | 06:56pm CETflashread more
BMW Classic Service: Renocar (BMW, Mini, BMW Motorrad dealer in Brno and Prague, Czechia) received certification for repair and maintenance of historic BMW vehicles older than 20 years (youngtimers, oldtimers/vintage cars) for BMW service in Slatina, first in Czechia. Company plans to gradually certify other branches (Česká, Čestlice, Vyšehrad)
June 11, 2024 | 01:58pm CETflashread more
SMMT: New car registrations in UK up by 1.7% in May (vans up to 3.5 tonnes +1.9%; trucks up to 6 tonnes +80.6%)
June 11, 2024 | 01:50pm CETflashread more
VDA: Car production in Germany down by 18% y/y in May, export by 16%
June 11, 2024 | 01:45pm CETflashread more
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1 EUR = 1.02 USD
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Source: ECB, January 14, 2025