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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
UniCredit Leasing succeeded in tenders of two automakers in brand financing in Czech Rep
March 27, 2014 | 02:28am CEToriginalOne of them is Fiat Group with four brands. Expanding cooperations for the Czech and Slovak markets...
read moreNexen Tire considers building plant in Czech Rep
March 27, 2014 | 01:35am CEToriginalThe final decision on the location of the first plant of the company in Europe has not yet been made. According to the Czech government, negotiations are still pending. Clients...
read moreStackmann: Seat to expand model range by compact SUV
March 27, 2014 | 01:27am CEToriginalDevelopment in Spain, timing, the probable location of production, entry of Seat to a new and growing segment...
read morePorsche to produce one model outside Germany for the first time in history
March 25, 2014 | 11:35pm CEToriginalThe model, reasons, the factories concerned, timing, part of the reorganization of production in the Volkswagen Group…
read moreMagneti Marelli to expand plant for car lights in Russia
March 25, 2014 | 11:15pm CEToriginalLocation, a new hall, investment amount, timing, HR, shift from assembly to manufacture, products and clients of Automotive Lighting...
read moreEC launched investigation of automotive exhausts manufacturers
March 25, 2014 | 10:58pm CEToriginalRaids at several companies, including Faurecia, Eberspacher and Tenneco, suspected cartels, threatening fines...
read moreCarGarantie expanded cooperation with BMW in Europe
March 25, 2014 | 12:10am CEToriginalThis concerns extended warranty on motorcycles. Interested CEE countries, including the Czech Republic and Slovakia, details of CarGarantie Bike by BMW Motorrad...
read moreEmployees of Hyundai’s Czech plant to get higher wages by at least 3.2%
March 24, 2014 | 11:40pm CEToriginalResults after the 12th round, carmaker’s unilateral offer, continued negotiations for a new collective agreement before the agent...
read moreRussia intends to limit purchases of imported cars for state institutions
March 24, 2014 | 11:26pm CEToriginalTiming, outlook of car sales in 2014, problems of the carmaker AvtoVAZ, government subsidies for R&D or HR...
read moreKYB to build R&D centre in Czech Rep
March 23, 2014 | 11:56pm CEToriginalLocation, five-year investment plan, production expansion, new hall, HR, wages, clients...
read moreUnions: Volkswagen offered shorter shifts and reduced wages to Slovak employees
March 23, 2014 | 11:50pm CEToriginalThe trade union refused that and threatened the company with a strike. Strike emergency, talks through an intermediary, the average salary in Volkswagen Slovakia in 2013...
read moreToyota to pay USD 1.2 billion for completion of investigation in USA
March 23, 2014 | 11:39pm CEToriginalThe carmaker has admitted providing U.S. clients with misleading information about the problems contributing to unintended acceleration of cars. The lawsuits...
read moreHyundai introduced several innovations in car sales in Czech Rep and Slovakia
March 20, 2014 | 11:36pm CEToriginalNew sites Hyundai.cz and Hyundai.sk, English version, the upgraded car configurator, tablets with the Showroom application for salespersons, supplier of IT solutions...
read moreSkoda Auto Vrchlabi trade unions to leave KOVO union
March 20, 2014 | 11:09pm CEToriginalThey are following a trade union in Mlada Boleslav. The situation in the carmaker’s third Czech factory, reduced membership fees, savings...
read moreVarroc to invest EUR 50 million in Czech Rep by 2016
March 19, 2014 | 11:48pm CEToriginalInvestment of Lighting Systems Division, locations, new technologies, expansion of automotive lighting production, R&D, HR, clients, support by CzechInvest...
read moreGerman court dismissed complaint of investment funds against Porsche SE
March 19, 2014 | 11:27pm CEToriginalHowever, Porsche SE is facing other lawsuits in connection with the planned takeover of Volkswagen. Funds, required compensation...
read moreEC punished five companies for market cartel with automotive bearings
March 19, 2014 | 11:18pm CEToriginalOne company escaped a fine because it warned of the cartel. Time of secret talks on prices, producers concerned including Schaeffler, SKF and JTEKT...
read moreHyundai Motor Group wants to expand production in Central Europe
March 19, 2014 | 03:06am CEToriginalThe automaker currently operates two plants in the Czech Republic and Slovakia (Hyundai, Kia). Details of investment, location, HR, models, production plans...
read moreVolkswagen to build new plant in Poland
March 18, 2014 | 11:38pm CEToriginalThe location, the amount of investment, the plant size, models produced, HR, timing, related personnel changes...
read moreCar sales in EU up by 8% in February
March 18, 2014 | 11:22pm CEToriginalThis is the sixth consecutive month of growth. Influences (warm winter, natural disasters), a decline in France, a significant growth of Skoda and Dacia brands, KPMG’s comment...
read moreJTEKT won several contracts in Koyo Bearings division, to ensure production in Czech Rep
March 18, 2014 | 12:19am CEToriginalThe plant in Olomouc therefore invested in two automatic lines. Projects and clients, changes in logistics, R&D centre...
read moreUniCredit to incorporate leasing companies into bank in Central Europe
March 17, 2014 | 10:46pm CEToriginalThis step was preceded by an integration of banking activities in the Czech Republic and Slovakia into one firm in 2013. The countries, details, timing, effects...
read morePSA to introduce third shift in Sochaux
March 17, 2014 | 10:35pm CEToriginalThe reason is the high initial demand for the new Peugeot 308 and the production start of the station wagon. Timing, HR, growth in production, orders, new engines...
read moreWinterkorn (Volkswagen): Skoda Auto to produce another model in Kvasiny
March 16, 2014 | 11:57pm CEToriginalAnnouncement of the new investment comes at a time when Skoda Auto is leading talks on a new collective agreement with the union. The alleged offer of the company after the 4th round of negotiations...
read moreBMW to move production of one model in Europe
March 16, 2014 | 11:42pm CEToriginalThe model, affected factories, timing, Strategy Number One, reduction of the number of platforms in the BMW Group, upcoming models...
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