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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
VDA: Car production in Germany up by 13% y/y in July, export by 17%
August 14, 2024 | 11:40am CETflashread more
Raiffeisen-Leasing concluded more than 700 financing contracts in Czechia during five 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 Tesla cars (over 90%), average loan amount for one vehicle is almost CZK 600,000 (EUR 23,810)
August 14, 2024 | 11:31am CETflashread more
GlobalData: New car sales in Western Europe down by 0.2% to 916,300 in July. Sales to grow by 0.2% to 11.58 million in 2024
August 14, 2024 | 11:25am CETflashread more
Vehicle Segment
Audi postponed plans to build plant in U.S., to continue to import cars from Europe
June 28, 2010 | 11:50pm CEToriginalThe reason is the strong dollar against the euro. The parent company Volkswagen is now building a plant in Tennessee, USA, which will launch operation in...
read moreGonow expands production in China, planning expansion in Europe
June 28, 2010 | 02:59am CEToriginalContemplated warehouse of cars and parts in the Czech Republic, cooperation with Axa Assistance in Italy, the expected interest in pickups and SUVs, extension of the range of models from two to four...
read moreLand Rover: Czech Rep has maximum space for 10 dealers
June 28, 2010 | 02:53am CEToriginalLand Rover has currently 8 dealers in seven cities in the Czech Republic and another 3 service partners. These are companies…
read moreSaarGummi won new contracts in Czech Rep, expecting turnover growth of 34% in 2010
June 28, 2010 | 02:34am CEToriginalThe company has been investing continuously and since March 2009 already recruiting new staff again. New orders for the current BMW 3 and the forthcoming Ford Transit...
read moreEurop Assistance started to provide assistance services for Nissan commercial vehicles in Central Europe
June 28, 2010 | 02:16am CEToriginalThe cooperation relates to special assistances for trucks over 3.5 tonnes in several European countries including the Czech Republic and Slovakia...
read moreFAZ: Ford Motor retained Stephen Odell for Ford of Europe, new head of Volvo Car to be Stefan Jacoby
June 28, 2010 | 02:07am CEToriginalVolkswagen is still negotiating a new contract with Jacoby, and plans personnel changes in Porsche. The interim head of Volkswagen of America has become...
read moreTatra expects sales of around 1,000 trucks in 2010
June 28, 2010 | 01:59am CEToriginalIn 2009, Tatra's management has been adversely affected by the discounts on vehicles and redundancy payment for employees. Subsidiaries are, however, already in profit...
read moreSlavomir Rozman left Defend Group
June 28, 2010 | 01:37am CEToriginalHis successor has not been appointed yet, competences have been taken over by the marketing manager Alice Machackova...
read moreCitroen WiFi On Board: Citroen introduces 3G Internet on board of its models
June 28, 2010 | 01:26am CEToriginalBy this accessory, it aims to address families with children, but also, for example, taxi services. Prices and the current availability in models...
read moreKia Motors launched production of all-new Sportage in Slovakia
June 28, 2010 | 01:05am CEToriginalThe third generation got a start-stop system and automatic parking system. Planned production of the model for 2010, prepared engines...
read moreToyota Motor convening hybrid cars Lexus HS 250h to repair in USA, simultaneously to stop their sales
June 28, 2010 | 12:52am CEToriginalThe reason is a possible leakage of fuel. This is a hybrid designed for the Japanese and U.S. markets; as for Europe, it is not offered. The number of disabled vehicles...
read moreOsram developed LED platform Ostar aimed at all types of automobile lights
June 28, 2010 | 12:30am CEToriginalThanks to an adjustable brightness, LEDs can be used as sidelights, dimmed lights, and also as daytime, distance, direction, fog and motorway lights. Parameters and properties, usage in the Audi A8...
read moreSkoda Fabia RS II and GreenLine II: Carmaker launched series production of two new Fabia’s versions
June 28, 2010 | 12:19am CEToriginalBoth novelties are coming on the market in the second generation with new engines and other technologies. Deliveries to customers will begin in the Czech Republic in July...
read moreNew partners Auto Esa and Direct Pojistovna prepared summer competition for scooter
June 27, 2010 | 11:57pm CEToriginalParticipation in the competition is not bound to used car purchase, but only to car insurance conclusion. The scooter’s brand, competition question...
read moreFord to build factory in Thailand by investment of USD 450 million
June 27, 2010 | 11:52pm CEToriginalThe new plant will have an annual production capacity of 150,000 cars, of which 85% will go for export. The production will start there in 2012 with the model...
read moreUOHS disapproved appeal of A. Charouz in case of cancelled tender for vans in value of CZK 300 million for Czech Post
June 25, 2010 | 07:17pm CEToriginalThe Czech Post did not appeal against the original decision of the UOHS, and will announce a new tender...
read moreDefend Group introduced new variants of GAP insurance in Czech Rep
June 25, 2010 | 02:31am CEToriginalIt is the Defend GAP Mini intended for casual accident with the coverage of up to 100% and the Defend Garance Plus with the coverage of CZK 25,000 or CZK 50,000. Details and prices...
read moreGhosn: Renault and Nissan want to sell 500,000 electric vehicles by 2015
June 25, 2010 | 02:19am CEToriginalRenault also wants to repay part of the state aid, acquired together with PSA Peugeot Citroen in early 2009, in advance. Details...
read moreASM Holding: Production of passenger cars in Russia increased by 65% for first five months
June 25, 2010 | 01:16am CEToriginalProduction of domestic brands has increased by 53%, foreign by 78%. Production of trucks and buses...
read moreCarmakers in Czech Rep want government to support sales of green cars
June 24, 2010 | 03:53am CEToriginalThey suggest, first, subsidies for the purchase of new cars, or restriction of entry to city centres for non-ecological cars. The SAP already sent a proposal to the MPO...
read moreDirect Pojistovna came with bonus protection insurance for claims-free record to Czech market
June 24, 2010 | 03:40am CEToriginalThis additional insurance can be arranged to accident insurance as well as to damage liability; within the current offer it is free of charge. Details...
read moreFiat unions approved plan to rescue factory near Naples, but without unanimous support
June 24, 2010 | 03:32am CEToriginalThe carmaker’s head required unanimous support. The plan envisages with tripling of the number of employees and an annual production of Panda model...
read moreAudi Light from SkoFIN: 0% increase when funding with initial payment above 50% for contracts up to 3 years
June 24, 2010 | 03:14am CEToriginalAll options of financing include insurance from Allianz with the option to add GAP insurance or insurance of legal protection. Details of the new product...
read moreFleming (Ford of Europe): Cause of aggressive price cuts in cars on market is excess production capacity
June 24, 2010 | 02:58am CEToriginalCapacity in Europe, of which 35% are unused, must be reduced, according to Fleming. Car sales in Europe should stagnate in Europe in 2010, according to Ford…
read moreCKP: Nonpayers of damage liability paid CZK 100 million to guarantee fund since 2010
June 24, 2010 | 02:48am CEToriginalThat is more than for the full year 2009, when CKP collected CZK 65 million. Sanctions have had a positive impact on reducing the number of uninsured vehicles and uninsured damages...
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