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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
PSA apparently plans to cut another 3,500 jobs
November 19, 2014 | 11:43pm CEToriginalLocations, timing, the execution of the plan using sensitive measures (early retirement, severance offer, a move within the group)...
read moreRWE to convert car fleet to CNG in Czech Rep
November 19, 2014 | 11:37pm CEToriginalA logical step of the biggest vendor of CNG in the country, a large order of Skoda CNG cars, suppliers (leasing company, dealer), fleet reduction, spreading of the network of filling stations...
read moreCirina: Assicurazioni Generali not to merge Ceska pojistovna and Generali in Czech Rep
November 19, 2014 | 11:27pm CEToriginalA similar strategy across Europe, the target groups of insurance companies, high profitability, the successor of Jaroslav Mlynar, estimation of market development in 2015...
read moreVolkswagen quits sale of Seat cars in Russia after eight years, loss to be replaced by Skoda
November 19, 2014 | 12:07am CEToriginalReasons, timing, sales results in 2013-2014, the share in the total sales of the Spanish carmaker...
read moreCar sales in EU up by 6.5% in October
November 18, 2014 | 11:34pm CEToriginalThe market thus grew for 14 months in a row. Registrations in the first 10 months, the fall in France, results of the Skoda brand, comments by KPMG and PwC...
read moreSales of cars, vans in Russia down by 9.9% in October
November 18, 2014 | 11:23pm CEToriginalThe slowdown in the pace of decline, the influence of the government program to support demand, growth of the Skoda brand, a comment by AEB...
read moreSkoda to offer plug-in hybrids and electric vehicles by 2018
November 17, 2014 | 11:57pm CEToriginalThe first models, timing, related investments in the affected plants, CNG drive, Volkswagen’s green mobility strategy...
read moreMassiver Leichtbau: Consortium of German companies dealing with lightweight constructions holds conference
November 17, 2014 | 11:42pm CEToriginalMembers of the initiative, the conference participants, contractual day, presenting the results of study on weight savings of a car, the model used...
read moreSouth Korea seems to import more cars from Europe than it exports in 2014
November 17, 2014 | 11:27pm CEToriginalMutual balance in Q1-3, the promotion of German premium brands in the Korean market, the free trade agreement between Korea and China...
read moreCzechBus 2014: Fourth year of fair to feature 18 bus brands
November 17, 2014 | 11:19pm CEToriginalThe exhibition area, exhibitors and exhibits, suppliers of components and service technicians, three conferences on CNG buses, electric buses and public transport...
read moreMotoSolutions Forum 2014, Automotive CEE Day: Automotive conference and contractual day to be held in Poland
November 14, 2014 | 12:15am CEToriginalDates, speakers, participants of the contractual day, including Shiloh Industries that manufactures only in America, sponsors...
read moreCzech Post: Arval and LeasePlan succeeded in largest tenders
November 14, 2014 | 12:06am CEToriginalValue of contracts, offered cars and vans, CNG and 4x4 drives, length of operating lease, options...
read moreFor Energo 2014: Czech Energy Fair to be accompanied by three interesting conferences
November 13, 2014 | 11:55pm CEToriginalThey will deal with e-mobility and intelligent transportation. Speakers, exhibitors and exhibits (Nissan, Volkswagen, Tesla, Blue Elyctra)...
read moreArval leased another larger fleet of CNG vehicles in Czech Rep
November 13, 2014 | 11:47pm CEToriginalThis is one of the existing clients. The company, affected cars and their number, driver training and its provider, Arval business plan for the CNG segment...
read moreZeman: Tatra entered into agreement in China, to invest EUR 20 million
November 13, 2014 | 12:05am CEToriginalThe Czech truck maker cut 250 jobs over the past year and a half, now taking on again. The production plan for 2014, expansion in Mexico...
read moreTPCA lowered production outlook in 2014
November 12, 2014 | 11:49pm CEToriginalThe forecast for the year 2015 does not change. The production of mini cars in the Czech plant of Toyota and PSA in the first 10 months, possibilities of the line, HR...
read moreVolvo AB to allegedly dismiss other 3,000 employees, primarily in Sweden
November 12, 2014 | 11:31pm CEToriginalThe company cut 4,400 jobs in administration over the last year. A plan to improve profitability...
read moreSkoda Fabia III: SkoFIN to launch rental without worries in Czech Rep in December
November 12, 2014 | 12:01am CEToriginalTest drives, a bonus when part-exchanging a car, preferential insurance with credit financing, Skoda Drive application, ratings in Euro NCAP tests, the number of orders...
read moreDaimler to revive Maybach brand
November 11, 2014 | 11:43pm CEToriginalLike Laurin & Klement at Skoda, Maybach will become a luxurious version of Mercedes-Benz cars. The first model and parameters, timing...
read moreAshok Leyland to sell most activities in Europe
November 11, 2014 | 03:38am CEToriginalThis is a factory in the Czech Republic and one company in Germany. Only a share in the UK bus manufacturer will be retained. Strategy, timing, value of assets...
read moreCSU: Car prices in Czech Republic down m/m in October 2014
November 11, 2014 | 02:10am CEToriginalWhile new cars became more expensive, prices of used cars went down. Prices of motorcycles, service works and spare parts, detailed data, the y/y development...
read moreBeloved Original: Volkswagen launched new campaign for commercial vehicles in Czech Rep
November 11, 2014 | 01:27am CEToriginalLocalization of the global campaign, authors-agencies, focus on the legendary Transporter, microsite, commercials...
read moreHyundai and Kia fined for false data on consumption in USA
November 11, 2014 | 01:21am CEToriginalThe highest penalty like this, the number of affected vehicles, loss of emission allowances, preventive measures...
read moreVision & Strategy 2025: Brose to make global competence centre from Ostrava
November 10, 2014 | 12:21am CEToriginalRelated investments in the Czech Republic, production of all products, R&D, innovation of logistics, clients, HR, Brose Kids Club, the new head of Czech plants...
read moreFa Rene extended one Mercedes-Benz showroom in Czech Rep, aiming to build another one
November 10, 2014 | 12:06am CEToriginalLocations, details of investments, AMG zone, HR, sales results in 2013, corporate clients of this two-brand dealer, change of the ownership structure...
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1 EUR = 1.12 USD
1 EUR = 0.84 GBP
1 EUR = 0.95 CHF
1 EUR = 25.12 CZK
1 EUR = 4.26 PLN
1 EUR = 395.03 HUF
Source: ECB, September 25, 2024