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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
iDry agreed to cooperate with Business Lease in Czech Rep
February 21, 2014 | 12:08am CEToriginalThe company will take care of cleaning of fleets of this leasing company’s clients. The parameters of the contract, cost savings, more corporate customers...
read moreMusk: Tesla negotiates with Apple, works on self-driving cars
February 20, 2014 | 11:37pm CEToriginalIt is speculated about Apple’s entry into the automaker. Business and financial results in 2013, the sales plan for the year 2014...
read morePorsche recalls all 2014 911 GT3 cars
February 20, 2014 | 11:22pm CEToriginalThe reason is the risk of an engine fire, and the carmaker has not revealed the cause of the problem yet. The number of affected vehicles, a recommendation to owners...
read moreHalla Visteon Climate Control to expand production in Czech Rep
February 19, 2014 | 11:08pm CEToriginalLocation, new hall, the growth of production capacity, products, HR, timing, promotion by agency CzechInvest...
read moreCitroen to introduce new ways to purchase cars similar to rental
February 19, 2014 | 10:48pm CEToriginalMonthly fees, buying a car by mileage, car wash after a service act, microsite Citroen Advisor, Citroen C4 Cactus...
read moreWanxiang acquired Fisker at auction
February 19, 2014 | 10:28pm CEToriginalThe value of the transaction, the resumption of production of electric vehicles, sales plan in USA and Europe...
read moreCar sales in EU up by 5.5% in January
February 19, 2014 | 02:17am CEToriginalThis is the fifth consecutive month of growth. Almost all the countries of southwest Europe returned to growth. Comments and outlook of KPMG...
read morePSA to emit new shares, most of them to be acquired by Dongfeng and French Government
February 19, 2014 | 02:06am CEToriginalA minority will fall on the existing shareholders, including the Peugeot family. The agreement with Santander on the financing of the expansion plan of the dealer network...
read morePorsche stopped deliveries of 911 GT3 cars
February 19, 2014 | 01:35am CEToriginalThe reason is several car fires in Western Europe. The burnt vehicles are now being studied by the carmaker’s technicians...
read moreSkoda Auto is looking for new suppliers
February 18, 2014 | 12:35am CEToriginalReasons, contracting meeting, brokers, participation of dozens of companies, including suppliers of the Volkswagen Group, growth of production purchases from traditional and low-cost countries...
read moreGlobal Safety Textiles prepares production shift from Czech Rep to Romania
February 18, 2014 | 12:23am CEToriginalStock production, motivation of the remaining employees of the Jevicko plant, timing, HR, compensation, the plan with the factory...
read moreKia Select: Kia prepared credit product in Czech Rep similar to operating lease
February 18, 2014 | 12:10am CEToriginalPartner, credit with low payments and final increased instalment, three options at the end, microsite, the affected models, the target group, the example...
read moreJapanese carmakers reduced domestic production
February 17, 2014 | 11:46pm CEToriginalThe reason is a strong snowstorm which disrupted traffic. The situation in Toyota, Suzuki, Honda and FHI/Subaru...
read moreAutoBinck bought several BMW and Mini dealerships
February 17, 2014 | 12:25am CEToriginalThe group has recently been strengthening in the premium segment, and has been more focused on the European brands at the expense of the Asian ones. Countries, companies, brands, details of acquisitions...
read moreCSU: Car prices in Czech Rep up m/m in January 2014
February 17, 2014 | 12:12am CEToriginalWhile the prices of new cars continued to grow, the prices of used cars stagnated. Prices of servicing and spare parts went up. Detailed data, the effect of the CNB’s intervention, y/y development...
read moreSkoda integrated branded finance and insurance calculator in car configurator in Czech Rep
February 16, 2014 | 11:57pm CEToriginalIn a few weeks, Skoda Insurance will also be part of credit instalments from SkoFIN. The first implementation in the Volkswagen Group...
read moreHalla Visteon Climate Control to build plant in South America
February 16, 2014 | 11:47pm CEToriginalLocation, size, products, HR, timing, a new plant in Russia...
read morePeugeot 108: Production in Czech plant to begin in spring
February 16, 2014 | 11:27pm CEToriginalAt the same time, TPCA will launch production of the sister models Citroen C1 II and Toyota Aygo II. Start of sales, version with a canvas roof, two gasoline engines...
read moreGrammer to close two of five plants in Czech Rep
February 14, 2014 | 02:21am CEToriginalIt will move production to another factory. The sites concerned, HR, timing, products and clients...
read moreSkoda Auto has new head of brand planning
February 14, 2014 | 02:06am CEToriginalThe function has been assumed by a manager with extensive experience in Europe and Asia. The manager and his career, his predecessor...
read moreHyundai: SDA secretly provides some members with statistics of car de-registrations within 1 month
February 14, 2014 | 01:46am CEToriginalStatistics are not officially reported any longer. According to Hyundai, SDA distorts competition. A call for correction...
read moreHead of Triglav in Czech Rep Petr Bany prematurely ended in position
February 13, 2014 | 11:39pm CEToriginalMiha Vittori was appointed the new Chairman of the Board of Triglav Pojistovna. His goal, Bany’s new job, business results in 2013...
read moreMobility Rent: AZ Mobility launched van rental in Czech Rep
February 13, 2014 | 11:24pm CEToriginalLocation, fleet, prices from CZK 450 excl. VAT, optional extras, introductory offer, microsite, five divisions of the company and their clients...
read moreSwell won contracts for two Italian carmakers
February 13, 2014 | 11:12pm CEToriginalProjects for Ferrari and Iveco, development for a Formula 1 team, trends in high-tech materials (light alloys, biocomposites)...
read moreAutosalon Louda hired former Skoda Auto manager
February 13, 2014 | 02:23am CEToriginalThe group includes dealerships of four brand in three Czech cities and a company providing operational lease. The manager and his new position...
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Source: ECB, September 24, 2024