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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
Emil Frey made several changes in two branches in Czech Rep
January 15, 2013 | 01:29am CEToriginalThe company added one brand, shifted another one, and one brand was expanded to another location. Brands, locations of showrooms, new web sites...
read more3M developed technology for even distribution of light from LED lamps
January 15, 2013 | 01:18am CEToriginalULL technology reduces the number of LEDs. The tool for car individualization, the first application in the U.S., cooperation with European and Czech carmakers...
read moreOne court in USA refused to deal with hedge funds lawsuit against Porsche SE
January 15, 2013 | 01:06am CEToriginalOther actions were filed in the courts of other U.S. states though. The lawsuits relate to misleading investors in the planned takeover of Volkswagen...
read moreDomansky opened fifth branch in Prague, the largest Peugeot showroom in Czech Rep
January 14, 2013 | 03:03am CEToriginalLocation, amount of investment, a giant showroom for up to 23 cars, 27th Blue Box showroom in the country, 15th dealership involved in the Peugeot Approved Cars program...
read moreHonda to cancel 800 jobs in UK due to weak demand in Europe
January 14, 2013 | 02:52am CEToriginalAnyway, the factory in Swindon took on 500 people in 2012. Timing, production in 2012, factory utilization, prepared Civic Tourer...
read moreSkoda increased sales by 6.8% in 2012, in December by 6.1%
January 14, 2013 | 02:29am CEToriginalSales in various regions and countries, interest in various models including the new Citigo and Rapid, deliveries excluding China, the growth of sales in the Czech Republic by 2.5%, outlook for 2013...
read moreChinese state fund CIC reportedly negotiates stake purchase in Daimler
January 14, 2013 | 02:21am CEToriginalThe companies declined to comment on it. Size of the share, the profile of CIC and its other investments in Europe, the current largest shareholder of Daimler...
read moreCSU: Car prices fell by 4.9% in 2012
January 11, 2013 | 03:37am CEToriginalUsed cars became cheaper more than new ones. Prices of service works rose, while prices of spare parts decreased. Development in December, the detailed data...
read moreGM: Opel is not for sale, to return to profit through model offensive
January 11, 2013 | 03:22am CEToriginalOther plants will not be closed. The company’s five-year plan, the outlook for the European market in 2013, the number of orders for the Adam, the new Cascada convertible...
read moreCar sales in Poland fell by 1.5% in 2012, in December by 22.7%
January 11, 2013 | 03:14am CEToriginalSkoda remained the market leader before its affiliated brand VW. Volkswagen Group share in the Polish market, necessary tax changes for the market recovery...
read moreGenerali to buy PPF shares in insurers Ceska pojistovna and Ingosstrakh
January 11, 2013 | 03:05am CEToriginalTransaction value, timing, dividends of Generali to PPF Holding, return on investment of Petr Kellner...
read moreCebia and BMW intend to expand cooperation in Europe
January 10, 2013 | 03:26am CEToriginalWhile the current cooperation relates to new cars in CEE, there are negotiations on used cars taking place...
read moreLudek Santora left SkoFIN after year
January 10, 2013 | 03:16am CEToriginalUnder his operation, the company increased sales in 2012. New Sales and Marketing Director is now being selected...
read moreCar of the Year 2013 in Czech Rep: Public and journalists agreed on single car – Toyota GT86
January 10, 2013 | 03:02am CEToriginalRenault, Skoda, BMW, Toyota and Mercedes succeeded in a poll of consumers. The number of votes, the absolut winner announcement...
read moreSkoda Octavia Combi II to be produced in Czech Rep by March, still for sale
January 10, 2013 | 02:52am CEToriginalExpected shares of the bodywork versions of Octavia III, possible special offer for the second generation, charge for the estate...
read moreAnthony Denny suspended sale of his stake in AAA Auto
January 9, 2013 | 03:50am CEToriginalThe reasons for the decision, horizon of the suspension of the sales process, the present Denny’s share in the company, the price of the shares, the current value of the company...
read morePorsche Inter Auto increased car sales by 2% in Czech Rep in 2012, turnover up even more
January 9, 2013 | 03:41am CEToriginalDemand for new and used cars, interest in Skoda, VW, Audi, Porsche and Bentley brands, the outlook for 2013...
read moreDuPont to sell car paint unit to Carlyle
January 9, 2013 | 03:24am CEToriginalThe transaction value, size of the DuPont Performance Coatings division, Dupont's focus on agriculture and nutrition, streghtening of the Carlyle Group in the automobile industry...
read moreGM reportedly not against sale of Opel to PSA
January 9, 2013 | 01:01am CEToriginalEven the French government pushes PSA Peugeot Citroen to take Opel over. Ambiguity in acquisition financing...
read moreSkoda Octavia III: From CZK 334,900 with Plus packets free for first 1,000 clients in Czech Rep
January 8, 2013 | 03:39am CEToriginalMaintaining the prices of the 2nd generation, equipment, engines, packets, technology, Simply Clever solutions, extended warranty, start of production in Russia, China and India...
read more3M: New innovation centre in Prague to bring us new business, not only from Czech Rep
January 8, 2013 | 03:30am CEToriginalMajor trends in Automotive, innovative products for interior, exterior and drive, development and testing, Czech clients...
read moreSales of new cars up by 0.4% in Czech Rep in 2012, down by 14.9% in December
January 8, 2013 | 03:18am CEToriginalThe premium brand – BMW got into Top 10 for the first time. The slump in demand of consumers, brands results, decrease of dealer margins, PwC outlook for 2013...
read moreKovarna Viva won new contracts, to expand production in Zlin
January 8, 2013 | 03:12am CEToriginalThe fourth hall, new lines, growth in sales and productivity, HR, demanded positions, clients from the manufacturers of components and vehicles not only from Germany...
read moreHyundai wants to produce 300,000 cars in Czech Rep again in 2013
January 8, 2013 | 03:08am CEToriginalIn 2012, production exceeded the company’s plan by 1%. The setout of production between individual models of i30, ix20 and ix35...
read moreNippon Kayaku wants to expand production in Czech Rep
January 7, 2013 | 12:32am CEToriginalLocation, products, reasons for investment in the Safety Systems division, a fourfold increase in production, HR, R&D, a merger of Czech subsidiaries...
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1 EUR = 1.11 USD
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Source: ECB, September 23, 2024