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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
Hyundai to indemnify clients in South Korea for erroneous data on car consumption
August 14, 2014 | 10:14pm CEToriginalAfter the USA it is another country where Hyundai-Kia has to deal with compensation and fines. The affected models and the number of cars, the amount of compensation...
read moreOpel strengthens dealer network with help of former Chevrolet dealers
August 13, 2014 | 11:31pm CEToriginalMany of the former dual Opel/Chevrolet dealers do not seek compensation. The situation in Europe and the Czech Republic, the expansion of the 'Welcome back to Opel' program with Chevrolets owners...
read moreSkoda Auto to increase production capacity of one plant
August 13, 2014 | 11:19pm CEToriginalLocation, current and projected capacity, the affected facilities and models, production of the factory in 2013, HR, timing, renewal of technology...
read moreGM faces legal action due to injury and deaths in case of giant series of recall actions
August 13, 2014 | 11:01pm CEToriginalThe number of petitioners, detail of the fault, the number of cars convened, delayed recalls, the compensation program for victims of accidents...
read moreDaimler’s Czech plant has new director
August 13, 2014 | 05:23am CEToriginalReiner Springmeier left the position at EvoBus Bohemia after nine years. Reasons, successor and his profile...
read moreSaab supplier asked court for declaration of bankruptcy of carmaker’s owner
August 13, 2014 | 05:12am CEToriginalNEVS suspended production of Saab cars in May due to financial problems. The name and profile of the supplier, the amount of the debt...
read moreSkoFIN prepares operating lease for consumers for other Volkswagen Group brands in Czech Rep
August 11, 2014 | 11:57pm CEToriginalDemand for the ‘Skoda without worries’ rental, business plans, expansion of the model and equipment offer, easing the terms, the profile of the average client...
read moreCSU: Car prices in Czech Rep down m/m in July 2014
August 11, 2014 | 11:44pm CEToriginalWhile new cars became more expensive, used cars and motorcycles became cheaper. Prices fo servicing and spare parts, detailed data, the annual development...
read moreMedea Research to publish statistics of new car registrations in Czech Rep, net of short-term deregistrations
August 11, 2014 | 07:42am CEToriginalMethodology, source data, results for seven months, the growth of re-exports, a conflict of interest, low price level in the Czech market...
read moreChinese central bank bought stake in Generali
August 11, 2014 | 06:07am CEToriginalIt has been a further acquisition of shares in major Italian company recently. The share amount and its value, the entry to Fiat...
read moreSales of cars and vans in Russia fell by 22.9% in July
August 11, 2014 | 05:52am CEToriginalAcceleration of the pace of decline, the reasons and influences, results after seven months, the growth of Skoda, a comment of AEB...
read moreLMC Automotive: Car sales in Western Europe up by 5% in July
August 8, 2014 | 01:38am CEToriginalSales have been growing for 11 months. The outlook for 2014, the growth leaders, the prediction of developments in UK...
read moreCEE Automotive Forum 2014: Further 13 speakers to join conference
August 8, 2014 | 01:07am CEToriginalThese are representatives of CLEPA, AutoSAP, PSA, Volkswagen, Skoda, Opel, Ford, AAA Auto, Ernst & Young, Matador, Aufeer Design, Bosal and Item...
read morePwC: Decline in car sales in Russia to stop in three years
August 8, 2014 | 12:54am CEToriginalThe deterioration of the outlook for 2014, results in H1, the impact of the Ukrainian crisis on the sale and financing...
read moreHead of CSOB Leasing in Czech Rep Libor Bosak became president of IFLA
August 8, 2014 | 12:46am CEToriginalProfile of the International Finance and Leasing Association, which was previously led by...
read moreMann+Hummel to invest EUR 25 million in Czech Rep by 2016
August 6, 2014 | 11:49pm CEToriginalLocation, timing, details of investments, HR, cooperation with a new personnel agency, clients...
read moreDaimler simplifies distribution and sales management in Europe
August 6, 2014 | 11:30pm CEToriginalReduction of managerial positions across divisions, reasons, personnel changes in the Czech Republic, timing...
read moreGumotex received new orders from Volkswagen Group
August 6, 2014 | 11:18pm CEToriginalExpansion of the product portfolio, the affected models, volumes, profile of the automotive division, clients...
read moreArval VIP Partner: Arval builds premium supplier network in Czech Rep
August 6, 2014 | 11:08pm CEToriginalConcurrently, it is reducing the number of partners, especially car and tire service shops. Reasons, details, Arval Assistance...
read moreEmil Frey might terminate distribution of one brand in Czech Rep
August 5, 2014 | 11:55pm CEToriginalThe brand, reasons, requirements of the carmaker, dealer network, models and prices, the situation in Europe...
read morePorsche Inter Auto to resume Lamborghini dealership in Czech Rep
August 5, 2014 | 11:45pm CEToriginalLocation of the showroom, sales start, available models, previous Czech dealer, competition from independent retailers...
read moreSDA: New car registrations in Czech Rep up by 21.8% in July 2014
August 5, 2014 | 11:29pm CEToriginalGrowth was driven by the Skoda, Hyundai, Volkswagen, Opel, Dacia, Ford and Mercedes-Benz brands. Growth in the van segment, decline in trucks...
read moreOpel won contract for 600 Movano vehicles in Europe
August 5, 2014 | 11:20pm CEToriginalCountry, client, winning tender price, utilization, specifications, modifications upon request, warranty, Movano facelift as of 2014...
read moreMichael Macht resigned as head of production of Volkswagen Group
August 4, 2014 | 11:57pm CEToriginalThis followed after an agreement with representatives of the owners. After having left Porsche, he was in the office for four years. Alleged reasons, the original length of the contract, the successor...
read moreMakro changed its partner for insurance in Czech Rep
August 4, 2014 | 11:50pm CEToriginalThe offer of Mpojisteni also includes car insurance. In the field of financing, the partner remained unchanged. Companies, the most popular products...
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