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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
PSA negoatiates sale of Gefco division to Russian railways
September 21, 2012 | 01:19am CEToriginalJSC Russian Railways had reportedly submitted the best offer. The share and price, extra dividend...
read moreGerman court dismissed two actions of investors against Porsche Automobil Holding SE
September 21, 2012 | 01:03am CEToriginalThe decision is an unfavourable signal to other investors bringing an action against Porsche SE. However, the company has been facing other three lawsuits in Germany...
read moreCar sales in EU fell by 7.8% in July, by 8.9% in August
September 20, 2012 | 02:03am CEToriginalIn the first eight months of 2012, sales decreased by 7.1%. Results in Europe, comment and outlook of KPMG...
read moreMuller: Porsche sales could be by 10% lower in 2013 compared to plan
September 20, 2012 | 01:41am CEToriginalThe carmaker plans to slightly reduce production, costs and investments to maintain high profitability...
read moreCLFA: Amendment to Consumer Credit Law could help non-respectable firms
September 20, 2012 | 01:31am CEToriginalAccording to CLFA, there is a problem in creditor's obligation to assess creditworthiness of consumers before providing the credit...
read moreMarchionne: Fiat has no plans to close factories in Italy
September 19, 2012 | 06:29am CEToriginalIf Fiat reduces production in Italy, the government should attract another manufacturer, according to local unions...
read moreAAA Auto modified terms and conditions and created the post of ombudsman
September 19, 2012 | 06:15am CEToriginalThe first ombudsman of AAA Auto will be Milan Smutny. His tasks, the complaint rate, certificate from SOS, ombudsmen in the private sector...
read moreNew Jaguar and Land Rover premises to be opened in Prague
September 18, 2012 | 03:38am CEToriginalA long-time dealer of several brands bought a showroom in the Czech capital and is planning to open a service centre there. Dealer, location, clients...
read moreCarmakers and dealers got to like video mapping for presentation of new models
September 18, 2012 | 03:23am CEToriginalIn the Czech Republic this technology has recently been used by Citroen; Mercedes-Benz is preparing a presentation for the end of September...
read moreJapanese carmakers to temporarily stop production in China
September 18, 2012 | 03:15am CEToriginalThey respond to the anti-Japanese protests in the country. Reasons for unrest, the situation at Mazda, Nissan, Honda, Toyota...
read moreCCS: Petrol went up in Czech Rep last week, price of oil stagnated
September 18, 2012 | 03:06am CEToriginalStrengthening koruna continues to work in favour of Czech motorists. Analysts’ expectations for this week...
read moreOMB Composites to expand its plant in Czech Rep
September 17, 2012 | 01:29am CEToriginalA new hall, the amount of investment, capacity and production growth, production machines, HR, timing, R&D, products and customers...
read moreNew BMW dealership to be opened in Prague
September 17, 2012 | 01:23am CEToriginalThe long-time dealer of several brands is building a showroom, meeting standards of the carmaker mandatory from 2015. The dealer, location, regional partners and clients...
read moreLexus began offering extended warranty in Czech Rep and Slovakia
September 17, 2012 | 01:15am CEToriginalPrices for individual models, a 17% discount when buying a new car, assistance service included, the possibility of including into financing, insurance partner...
read moreParliament approved introduction of registration tax on cars in Slovakia
September 17, 2012 | 01:09am CEToriginalThe affected vehicles, the amount of fees, entry into force, the growth of the automotive market in summer, increased demand for SUVs...
read moreGermany investigates Volkswagen for sponsoring VFL Wolfsburg football club
September 17, 2012 | 01:01am CEToriginalVolkswagen reportedly urged its business partners and suppliers to financially support the Wolves team. Hearing of the VW purchasing manager, partners of the club...
read moreLamborghini recalls 1,500 cars
September 17, 2012 | 12:53am CEToriginalThe reason is a possible risk of fire due to leakage of fluid from the power steering. The affected models, years of production, details of correction...
read moreRWE consigned part of fleet to independent service centres in Czech Rep, tender won by Trost
September 14, 2012 | 04:54am CEToriginalHowever, part of the fleet will be managed by authorized service centres. Size of the fleet, the validity of the contract, Trost and Bosch Car Service concept service centres, details...
read moreRenault to reduce production and number of employees in Slovenia and South Korea
September 14, 2012 | 04:40am CEToriginalThis is the second wave of layoffs and reduced production in Revoz in 2012. Details of the intention, the situation in the Renault Samsung division...
read moreAAA Auto changed sales concept of newish cars and renamed it
September 13, 2012 | 01:56am CEToriginalThe name change from AAA Premium Auto to Mototechna, extension for servicing, planned services (car rental, assistance, spare car during repairs, loyalty program)...
read moreCzech obliged to pay Volkswagen EUR 11.5 million after lost arbitration
September 13, 2012 | 01:33am CEToriginalThe dispute concerns the privatization of the Czech carmaker Skoda Auto. Request of Volkswagen, the reaction of the Czech government, the responsibility for the result...
read moreHyundai Fischer CZ wants to belong among largest Hyundai dealerships in Czech Rep in three years
September 13, 2012 | 01:25am CEToriginalParameters of the newly built showroom in Ceske Budejovice, sales plans...
read moreBehr suspended investment in new plant in Czech Rep
September 12, 2012 | 03:52am CEToriginalThis happened at the time when preparatory works in the industrial zone in Ostrov have begun. Reasons for the decision, the building permit and its validity...
read moreAAA Auto to revive Mototechna brand after 20 years
September 12, 2012 | 03:49am CEToriginalThe company thus plans to use the traditional Czechoslovakian brand for expansion. Products and services offered, changes in subsidiaries...
read moreOpel began to offer branded insurance in Czech Rep
September 12, 2012 | 03:44am CEToriginalOpel Insurance is a package of comprehensive automobile insurance. Partner, parameters, rate, zero participation, insurance examples, opportunities to purchase additional insurance...
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Source: ECB, September 23, 2024