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Simulation, Testing & Validation for Automated Driving 2024: Automotive IQ (IQPC) to hold conference on simulation, testing, validation for automated driving (L2, L2+, L3, L4, L5) in Stuttgart, Germany on September 10-12. Representatives of Scania, Zeekr Technology Europe (formerly CEVT/China Euro Vehicle Technology), Renault Group, Hyundai Motor Europe Technical Center, Volvo Group, Iveco, Torc Robotics (Daimler Truck), Deontic, Valeo, ZF, Continental, Horiba Mira, Canadian Automated Vehicle Initiative (CAVI), Fraunhofer IESE to speak at event
August 27, 2024 | 12:54pm CETflashread more
JATO Dynamics: Dacia Sandero (22,398 registered vehicles, +34%) was best-selling car in Europe (28 countries) in July, followed by Volkswagen T-Roc (19,254, +5%), Toyota Yaris Cross (17,314, +47%), Dacia Duster (15,884, +29%), Kia Sportage (15,531, +15%), Toyota Yaris (15,237, +10%), Renault Clio (15,157, -5%), Hyundai Tucson (14,391, +4%), Opel/Vauxhall Corsa (13,938, +18%) and VW Golf (13,924, -13%). Overall market up by 1.5% to 1.03 million, led by Volkswagen, Toyota, BMW, Škoda, Mercedes, Audi, Peugeot, Renault, Kia and Hyundai
August 27, 2024 | 12:27pm CETflashread more
Caravan Salon Düsseldorf 2024: FCA Germany/Stellantis (Fiat Professional, Peugeot, Citroën, Opel), Ford-Werke, Iveco Magirus, MAN Truck & Bus, Nissan Deutschland, Volkswagen Užitkové vozy, Erwin Hymer Group (Hymer, Bürstner, Carado, Dethleffs, Laika, LMC, Niesmann+Bischoff), Knaus Tabbert (Knaus, Tabbert, Morelo, T@B, Weinsberg), Rapido Group (Rapido, Dreamer, Westfalia), Adria Mobil, Carthago Reisemobilbau, Clever Mobile/Vans, Concorde Reisemobile, Etrusco, Fendt-Caravan, Frankia, Hobby Wohnwagenwerk, Temsa Motorlu (Stork Camper), as well as four companies from Czechia (Alukov, ARB Europe, EcoFlow Europe, Zambelli-Technik) to join 63rd fair for motorhomes, caravans, campervans in Düsseldorf, Germany (August 30 – September 8)
August 23, 2024 | 01:50pm CETflashread more
SMMT cut 2024 UK new car sales (registrations) outlook from 1,984,000 (+4.2%) to 1,968,000 (+3.4%), of which battery electric vehicles (BEVs) from 393,000 (+24.8%) to 364,000 (+15.6%), and 2025 forecast from 2,045,000 to 2,029,000, of which BEVs from 511,000 to 480,000
August 23, 2024 | 01:42pm CETflashread more
Raiffeisen-Leasing: Přemysl Beneš, former Commercial Director of movable assets financing, appointed as new Managing Director responsible for Front Office in Czechia. He replaced Alois Lanegger, who left management of company after more than 20 years. Vlastimil Sečkař, former Head of External Distribution Channels, became new Head of Equipment Financing
August 23, 2024 | 01:36pm CETflashread more
Co-owners (Jan Jakubec, Aleš Havlíček) and managers (Daniel Obrátil) of Auto Base (BMW service in Prague, Czechia) acquired DyCom Group (BMW, BMW Motorrad, Honda Motorcycles dealer in Karlovy Vary) from BoostCar (Roman Růžek), through new established company Jenišov 187 s.r.o.
August 21, 2024 | 12:32pm CETflashread more
ČSÚ: Car prices in Czechia up by 0.1% m/m in July, down by 1.3% y/y (new: +0.1%, +1.8%; used: +0.1%, -3.3%). Inflation (consumer price index/CPI) in related areas developed differently – motorcycles (+0.9%, +2.6%), spare parts and accessories (+0.8%, +5.3%), fuels and oils (+1.3%, +5.6%), maintenance and repairs / service works (+0.5%, +8.3%)
August 21, 2024 | 12:24pm CETflashread more
Onsemi signed 10-year agreement worth USD 1.9 billion (EUR 1.75 billion) to supply silicon carbide (SiC) semiconductor products to Vitesco Technologies to boost electrification technologies (especially for 800 V automotive applications). At same time, Vitesco to provide Onsemi with USD 250 million (EUR 230 million) investment in new production equipment, and two companies to collaborate to further optimize traction inverters and electric vehicle drives
August 21, 2024 | 12:16pm CETflashread more
Volkswagen Financial Services concluded almost 700 financing contracts in Czechia during four and half months since launch of Electromobility Guarantee program from NRB (National Development Bank, guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs). Greatest interest is in Škoda Enyaq Tour 50, followed by Volkswagen ID.7 Pro People. Average financed value is CZK 609,000 (EUR 24,170)
August 16, 2024 | 11:51am CETflashread more
GlobalData cut 2024 Western European new car sales outlook by 160,000 units from 11.74 million (+1.6%) to 11,58 million (+0.2%)
August 16, 2024 | 11:40am CETflashread more
Vehicle Segment
Owners of Tukas Group to leave executive management of companies
September 24, 2015 | 12:38am CEToriginalThere has been the new CEO appointed, it is a manager with experience in leasing, insurance, and distribution of cars...
read moreGM agreed on fine and compensation for failure when recalling vehicles
September 24, 2015 | 12:29am CEToriginalThe numbers of injured and dead, the end of prosecution, the settlement of civil lawsuits, including the legal action of shareholders, the pending legal actions...
read moreSkoda also used EA189 diesel engines
September 23, 2015 | 12:15am CEToriginalIt does not offer them in EU anymore. The affected models, the attitude of the Czech Ministry of Transport, comments of AutoSAP and diagnostic company IHR-Technika...
read moreInteva Products to move production to Czech Rep
September 22, 2015 | 11:52pm CEToriginalThe original, contemplated and confirmed factory site, the reasons for the decision changes, the developer, HR, timing, products...
read moreVolkswagen: Software for engine control installed in 11 million cars of several brands
September 22, 2015 | 11:44pm CEToriginalAttitudes and activities of individual countries and the EU, guidelines for dealers, the reaction of the stock markets, investors’ concerns, the impact on financial results...
read moreAutoSAP: Automakers, suppliers created over 4,000 jobs in Czech Rep over last year
September 21, 2015 | 11:09pm CEToriginalR&D companies were also taking staff. The average wage in the automotive industry increased by a few percent, worker positions more than THP and managers...
read moreSchaeffler to enter stock exchange
September 21, 2015 | 10:58pm CEToriginalReasons, the size of the offered share, the number of shares, the expected proceeds from the IPO, timing, the subsequent allocation of funds...
read moreCzech Post cancelled contract that should have been won by Agrotec after winner resignation
September 21, 2015 | 10:49pm CEToriginalThe stated reasons, the size of the contract, connection with the prosecution of Agrotec, the expression of relevant subjects…
read moreJohnson Controls plans to lay off 3,000 people
September 21, 2015 | 01:25am CEToriginalReasons, timing, expected annual savings, current number of employees, sales of certain activities, the situation in the Czech Republic...
read moreFord Garant: Ford launches program for sales of approved used cars in Czech Rep
September 21, 2015 | 01:15am CEToriginalLocalization of the global concept, the parameters of cars, partner for the guarantee, guaranteed exchange, requirements for dealers, offer, website, sales plan...
read moreEPA: Volkswagen violates US Clean Air Act
September 21, 2015 | 01:07am CEToriginalAccusations of the US office, a recall, the models and years of production affected, threatening sanctions, the carmaker’s own investigation, the previous fine for Hyundai...
read moreKostal wants to significantly increase production in Czech Rep by 2018
September 17, 2015 | 11:47pm CEToriginalContracts until 2025, the expected development of revenues, the profile of the two Czech plants, HR, products, customers...
read moreTesla Experience: Business Lease started to provide branded operating lease on Tesla EVs in Europe
September 17, 2015 | 11:39pm CEToriginalThe countries concerned, models and versions, costing, pick-up service, home charger included in instalments, the current fleet of Tesla cars, Blue Care strategy...
read moreSuzuki bought share that was owned by Volkswagen back
September 17, 2015 | 11:29pm CEToriginalPrice, Volkswagen’s investment rate of return over 5 years, the response to the stock exchange on announcement of the transaction...
read moreAAA Auto to open second call centre
September 16, 2015 | 11:50pm CEToriginalLocation, reasons, competences, timing, HR, profile of the current call centre in Prague, parallel recruit for business and administrative positions, offered benefits...
read morePrague to renew part of municipal police fleet with Hyundai and Volkswagen vehicles
September 16, 2015 | 11:38pm CEToriginalSuppliers (carmaker, dealer), types and number of vehicles, prices, the condition of the current fleet, history…
read moreBWI Group to build another plant in Central Europe
September 15, 2015 | 11:57pm CEToriginalLocation, developer, HR, timing, products and clients of the Chinese company, profile of Czech subsidiary...
read moreACEA: Car sales in EU up by 9.5% in July, by 11.2% in August
September 15, 2015 | 11:49pm CEToriginalThe market has been growing for two years in a row. Results in individual countries, sales of carmakers, comments of PwC, KPMG and CSOB analysts, the impact of refugee crises in production...
read moreFirst Rolls-Royce dealership in Czech Rep to be opened in 2016
September 15, 2015 | 01:02am CEToriginalThis showroom will find a place in a hotel in Prague. Location of the showroom and service centre, the sales plan of the Czech dealer, the global sales, models...
read moreLeasePlan recorded significant growth of its fleet and revenues in Czech Rep in H1
September 15, 2015 | 12:53am CEToriginalProfit exceeded the plan by 20%. Planned business and financial results in 2015, the global results, HR...
read moreCAAM worsened 2015 car sales outlook in China again
September 15, 2015 | 12:40am CEToriginalThe new estimate, results in August and over the first eight months, the decline for the fifth month in a row, GDP, limited registrations of new cars due to smog and traffic jams, analysts' comments...
read moreVolkswagen Financial Services to eventually rename its Czech branch
September 14, 2015 | 03:40am CEToriginalThe new name of SkoFIN, reasons, timing, the new sub-brands, related communication campaign, upgraded website...
read moreCSU: Car prices in Czech Rep increased m/m in August 2015
September 14, 2015 | 03:22am CEToriginalMotorcycles, servicing and spare parts became more expensive, too. Prices of new and used cars, however, developed differently. Detailed data, the annual progress...
read moreAutomakers cancel plans for layoffs in Brazil
September 14, 2015 | 03:02am CEToriginalReasons, the strike of Ford employees, car sales in 2015, the situation at Daimler and GM…
read moreSkoda needs to increase production of Octavia cars
September 10, 2015 | 09:33pm CEToriginalReasons, demand in 2015, the current waiting time, requirement of the carmaker for Saturday shifts at one plant, more options...
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1 EUR = 1.12 USD
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Source: ECB, September 26, 2024