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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
Financial division of PSA Peugeot Citroen might get state aid
October 18, 2012 | 02:08am CEToriginalThe government has been reportedly negotiating with French banks on the assistance for Banque PSA Finance, which would include state guarantees. Stage of the negotiations...
read moreCzech Post renewed cars distributing small packages after year, SkoFIN succeeded in tender
October 17, 2012 | 01:35am CEToriginalThe cars have been leased under operating leases. Fleet size, chosen Skoda cars and their parameters...
read moreHella to expand two R&D facilities in Czech Rep
October 17, 2012 | 01:26am CEToriginalThe one is located in the Mohelnice plant, the second at the Technical University in Ostrava. Current production, HR, plans, customers...
read moreEV batteries manufacturer A123 Systems went bankrupt
October 17, 2012 | 01:18am CEToriginalIt is a supplier of lithium-ion batteries for Fisker. Sale of assets to Johnson Controls, the value of the transaction, the failure of Barack Obama’s green policy...
read moreStratos Auto opened BMW dealership in Prague
October 17, 2012 | 01:06am CEToriginalThe company has thus entered the second city in the Czech Republic with one of its existing brands. Location, sales of BMW M-models and motorcycles...
read moreEU car sales fell by 10.8% in September
October 17, 2012 | 12:58am CEToriginalThe most pronounced drop in the last year, the worst September since 2003, positive developments in the countries outside the euro area, growth in the share of Skoda, KPMG’s comment, views of R.L. Polk...
read moreConference on automotive industry in Czech Rep and Central Europe to be held in Brno in late October
October 17, 2012 | 12:46am CEToriginalIt is the ninth year of this professional event. Speakers from associations, carmakers, suppliers, banks, consulting firms, service providers...
read moreWoman became member of Leaseurope board for first time, head of Czech leasing association, Jirina Tapsikova
October 17, 2012 | 12:40am CEToriginalShe currently works as the head of the Czech branch of Volkswagen Financial Services. Tapsikova was nominated to the board by...
read moreMichal Backovsky left Avia Ashok Leyland Motors
October 16, 2012 | 12:05am CEToriginalIn the Czech plant of Ashok Leyland he was in charge of marketing and aftersales. His successor, another new member of the marketing department...
read moreVolvo Car to temporarily stop car production in Sweden
October 15, 2012 | 11:55pm CEToriginalIt is therefore another measure to reduce production due to lower demand in Europe. The term of outage, the models concerned...
read moreCNH rejected merger with Fiat Industrial
October 15, 2012 | 11:44pm CEToriginalFiat Industrial owns in a majority stake in CNH and will continue to strive for completion of the merger...
read moreCCS: Fuel prices fell in Czech Rep last week
October 15, 2012 | 11:35pm CEToriginalPetrol went down by 10 hellers, diesel by 4 hellers. Analysts’ expectations for this week, the outlook of oil consumption in 2013 from the IEA...
read moreBMW to introduce service program for older cars Value Line in Czech Rep
October 14, 2012 | 11:41pm CEToriginalBMW Value Line has already been running in several countries of Western Europe. Models, service packages, prices, independent activity of Renocar...
read moreHyundai to open fifth dealership in Brno
October 14, 2012 | 11:22pm CEToriginalThe existing dealer of several brands is going to build the showroom from scratch. The company, location of the showroom and parameters, opening, dealer situation in the city...
read moreSkoda Auto to cut 200 jobs in Vrchlabi
October 14, 2012 | 11:11pm CEToriginalThe carmaker has offered the affected personnel the opportunity to work in other plants. The amount of severance pay, the deadline for a decision...
read moreAutoDesign Prague 2012: Conference on automotive design to be held in Prague
October 14, 2012 | 11:04pm CEToriginalThe speakers will include designers from Porsche, Jaguar, Dassault or Materialise. A follow-up workshop has three sections, one to be led by experts from MBtech. Details, partners, 3D printing...
read moreGM and PSA Peugeot Citroen allegedly plan to merge Opel with PSA automobile division
October 14, 2012 | 10:56pm CEToriginalThe plan is likely to encounter objections from the French government. Carmakers declined to comment on the information stating that they are about to announce several joint projects in...
read moreU.S. investigating problem with Hyundai Santa Fe steering
October 14, 2012 | 10:47pm CEToriginalThe possible consequences, affected number of cars, production year, possible recall action, the previous problem with the airbags, production at two factories in the world...
read moreJaromir Hermansky promoted to regional headquarters of PSA Peugeot Citroen
October 11, 2012 | 10:50pm CEToriginalFleet department of Peugeot Czech Republic has subsequently been strengthened by Lukas Hosek, who came from Sixt...
read moreVolkswagen to allegedly introduce low-cost brand in 2015, perhaps even in Europe
October 11, 2012 | 10:42pm CEToriginalThe carmaker is reportedly planning three cheap models, especially for China and India. Price segment, used engines...
read moreVolkswagen may postpone development of Bentley and Lamborghini SUVs
October 11, 2012 | 10:38pm CEToriginalThe carmaker thinks that the drop in demand in Europe will require new austerity measures...
read moreFaurecia to close factory in Leipzig, BMW production to be moved to Czech Rep
October 11, 2012 | 02:15am CEToriginalReasons for the German plant closure, new plant in the Czech Republic, products and contracts...
read moreCar prices in Czech Rep decreased in September in m/m comparison
October 11, 2012 | 01:54am CEToriginalBoth new and used cars became cheaper. On the contrary, prices of service works and spare parts went up...
read moreToyota recalls 7.4 million cars to repair
October 11, 2012 | 01:42am CEToriginalIt has been reportedly one of the biggest one-time recall action since 1996. Reason, affected models and years of production, number of cars on individual markets...
read moreVehicle sales in China down by 1.8% in September, first time since January 2012
October 11, 2012 | 01:35am CEToriginalReasons of the growth suspension, influence of the China-Japan dispute, sales in Q1-3, new round of car purchase incentives...
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