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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
National Development Bank (NRB) accepted 3,289 applications (for 3,532 vehicles) in Czechia during more than four and half months (20 weeks, March 18 – August 6) 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 2,663 guarantee contracts, approved another 164 applications, now assessing 436 applications, rejected several units of applications. Greatest interest is in Tesla cars (1,680 vehicles until July 24), followed by Volvo (373), Škoda (228), Volkswagen (210), BMW (161), MG (156), Hyundai (99), Kia (66), Mercedes (66), Toyota (58), Ford (42), Renault (36), BYD (33), Dacia (32), Fiat (28), Peugeot (25), Citroën (20), Nissan (17), Mini (13), Opel (12) and others (70). 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), 54% (CZK 1.05 billion/EUR 42 million) currently reserved
August 15, 2024 | 04:34pm CETflashread more
Onsemi signed strategic agreement with Volkswagen to supply semiconductors that enable complete electric vehicle traction inverter solution for VW’s next-generation platform family. In first step, Onsemi to deliver EliteSiC 1200 V silicon carbide (SiC) power modules for traction inverters
August 15, 2024 | 04:15pm CETflashread more
Vehicle Segment
Hlava (Kiekert): Acoustics will play greater role in locking systems
March 17, 2015 | 11:53pm CEToriginalProduction growth in the Czech Republic, new orders, expansion of the R&D centre, a new acoustic chamber, HR, payroll, a high proportion of temporary employees, clients, great potential in the US and China...
read moreCar sales in EU up by 7.3% in February
March 17, 2015 | 11:46pm CEToriginalThe market has been growing for 18 months in a row. Results in individual countries, sales of carmakers, comments and views of KPMG and PwC for 2015...
read moreInvestor entered Keri, acquiring majority stake
March 17, 2015 | 01:47am CEToriginalThe Private Equity company and its profile, the new shareholder structure, financial results of Keri, financing bank, transaction advisors...
read moreCSU: Car prices in Czech Rep dropped m/m in February 2015
March 16, 2015 | 11:53pm CEToriginalPrices of new and used cars evolved differently, as well as the prices of spare parts and service works. Rising prices of motorcycles, detailed data, the y/y development...
read moreGM to suspend production in Russia
March 16, 2015 | 11:45pm CEToriginalPeriod of the production downtime at a factory in St. Petersburg, sales view of Toyota in 2015...
read moreWages of employees of Czech plant of Hyundai to rise by 3.3%
March 16, 2015 | 11:36pm CEToriginalAgreeing on an addendum to the collective agreement after two months of negotiations, increase in the bonus for meeting the production plan, comments...
read moreNew Maserati showroom to be built in Czech Rep
March 16, 2015 | 02:34am CEToriginalInvestor, location, reasons for the construction, timing, sales of new Maserati cars on the Czech market in 2014...
read moreFormer Allianz top manager to become new head of Ceska pojistovna
March 15, 2015 | 11:49pm CEToriginalHe has been working in the insurance industry for nearly 25 years, being also the head of the association of insurance companies in one country in Central Europe. Jaroslav Mlynar’s successor, timing...
read moreTwo Polish employees at Skoda Auto were stealing parts
March 15, 2015 | 11:44pm CEToriginalThese are workers from one Czech factory. They were already arrested by the police. Location, affected components, the amount of damage, detection method...
read moreLouwman increased new car sales in Czech Rep by 40% in 2014
March 15, 2015 | 11:36pm CEToriginalThe interest in individual brands Toyota, Lexus, Ford and Suzuki, used car sales, the Czech HEV market leader, the new Toyota showroom...
read moreOICA: Global vehicle production increased by 3% in 2014
March 15, 2015 | 11:26pm CEToriginalSituation on each continent, leaders, output growth in the Czech Republic at a double-digit pace, sales...
read moreVolvo Easily: Volvo began offering operating leases for consumers in Czech Rep
March 12, 2015 | 11:28pm CEToriginalThe financial partner, the length of the lease, the parameters of full-service leasing, affected models, prices...
read moreSkoda Auto's operating profit in 2014 increased by 56.6% with revenue growth of 13.9%
March 12, 2015 | 11:09pm CEToriginalGrowth was driven by the Rapid, Yeti and Octavia models, other models recorded a fall in production. Purchasing, car sales, production in China...
read moreDolansky: Kia increased sales to companies in Czech Rep in 2014 to more than 2,600 cars
March 12, 2015 | 10:56pm CEToriginalThe outlook for 2015, success in a tender of Czech Post, the postal fleet financing by traditional supplier Arval, cars painting on request...
read moreCar with Reason: Cebia and Essox launched program in Czech Rep for purchase of used car from individuals
March 12, 2015 | 01:07am CEToriginalWhile Essox provides funding, Cebia reviews the situation and history of the vehicle. Microsite, price of the services, advertising at Sauto.cz, an example of the loan...
read moreTrade unions in Skoda Auto Kvasiny got out of KOVO union
March 12, 2015 | 12:51am CEToriginalThey have thus followed union organizations in other Czech plants of the carmaker. Timing, union penetration, wishes to continue the cooperation...
read moreVolkswagen to move part of Tiguan production to America
March 12, 2015 | 12:41am CEToriginalThis will happen with the advent of the second generation, which will also receive the seven-seat version. Location, investment amount, timing, HR, planned production volume...
read moreRochling to expand one plant in Czech Rep
March 11, 2015 | 12:06am CEToriginalThe location, new halls and presses, purchase of land and its price, HR, timing, new orders, automotive products, clients...
read moreIveco Trucks appointed new marketing manager for Czech Rep and Slovakia
March 10, 2015 | 11:55pm CEToriginalThe position was assumed by a person with experience in competitive truck manufacturer. Details...
read moreMobilita+: CSOB Leasing discounted leases of some cars to consumers in Czech Rep
March 10, 2015 | 11:45pm CEToriginalThe affected Ford, Kia, Skoda, Hyundai, Volvo and Audi models, the current and the previous instalments, comparison with the ownership, validity of the special offer...
read moreGM plans to repurchase shares for USD 5 billion
March 10, 2015 | 11:30pm CEToriginalThe step is part of an agreement with a group of investors that should stave off a power struggle within the company’s management. Use of the cash, dividend increase...
read moreBMW Group to make personnel changes in Central Europe
March 9, 2015 | 11:56pm CEToriginalOne manager of the Czech branch of BMW and Mini will move to Slovakia, causing a shift of another manager. The tender for the vacant position of...
read moreAuto Palace won contract from one energy firm in Czech Rep
March 9, 2015 | 11:43pm CEToriginalSupplied cars (number, brand, model, engine, equipment), funding through operating lease, negotiations on the renewal of the sister company fleet...
read moreTomas Vanek left Toyota Motor
March 9, 2015 | 11:34pm CEToriginalHe held the position of PR manager in the Czech representation of the carmaker. His agenda will be covered both internally and externally...
read moreVahland: Skoda Auto to expand production in another plant in Czech Rep
March 8, 2015 | 11:46pm CEToriginalLocation, capacity increase, timing, prepared and considered models, plans with the new Superb, hybrid version, the situation in post-Soviet countries...
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1 EUR = 1.12 USD
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Source: ECB, September 25, 2024