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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
Seat reduced prices of Leon and Altea in Czech Rep
June 21, 2010 | 04:03am CEToriginalReduction in list prices by CZK 35,000 to 124,000 has occurred with the advent of the 2011 model year. The Altea Freetrack 2WD and 4WD got a new engine. New prices...
read moreGE Money Auto: Czechs most often decide according to consumption when buying car
June 21, 2010 | 03:54am CEToriginalThe important criteria include the car brand, price/performance ratio, space of the car and appearance. The difference in requirements between men and women...
read moreACA1213 offering discount on assistance cards of 9-11% in summer when ordering online or by phone
June 21, 2010 | 03:42am CEToriginalACA1213 has so far provided only a 5% discount on purchases through the Internet. The special prices for cards for the Czech Republic and Europe...
read moreCEZ to launch e-mobility system on commercial basis in six Czech cities in 2013
June 18, 2010 | 02:52am CEToriginalBy 2012, test projects in Prague, Ostrava and Vrchlabi will be carried out. Development of charging stations’ network, battery exchange centres...
read moreBRNO: Smith Electric Vehicles considering assembly/manufacture of EVs in Czech Rep
June 18, 2010 | 02:31am CEToriginalAfter the Newcastle, UK and the Kansas, USA it would be a third site. Avia and Ford electric vehicles, other electric cars, distribution in Europe...
read moreSuppliers: Skoda Auto set supply prices on forthcoming model A Entry/Popular on margin of profitability
June 18, 2010 | 02:08am CEToriginalThe new car will thus probably be more low cost than its predecessor, the Octavia Tour...
read moreA. Charouz Motors wants to build new Jaguar and Land Rover showroom in Prague
June 18, 2010 | 01:47am CEToriginalThe company has opened a showroom for both British brands in Pruhonice. Location of the second showroom, construction...
read moreAZ Mobility launched Internet car catalogue Car Selector in Czech Rep
June 18, 2010 | 12:54am CEToriginalIt should serve businesses and consumers when choosing a new vehicle. Car Selector uses a database of Eurotax, yet free of charge. The application’s details...
read moreCEZ: Electric car market to grow slowly in Czech Rep till 2014, steeply from 2015
June 18, 2010 | 12:44am CEToriginalThe structure of the electric fleet, expected market growth in electric vehicles between 2015 and 2020...
read moreHelpdesk Autoklub Czech Assistance renamed ACA1213
June 18, 2010 | 12:20am CEToriginalIt has thus complied with the court and chose a name already used as the brand name and different from the competing company Autoklub Bohemia Assistance...
read moreGM to cancel summer shutdown in most factories in USA, due to strong demand on domestic market
June 18, 2010 | 12:10am CEToriginalIt will thus increase its production by 56,000 cars. Over the first five months, U.S. car sales rose by...
read moreGarmin, TomTom: Portable navigation included in 12% of cars in Czech Rep, market to grow in 2010
June 17, 2010 | 11:47pm CEToriginalThis year’s trend is the shift of interest to navigations in mobile phones. The price drop, navigation communicating with the engine, other news...
read moreGM withdrew request for government aid for Opel and Vauxhall in Europe, to ensure financing itself
June 17, 2010 | 11:31pm CEToriginalThe U.S. carmaker has thus responded to the negative attitude of Germany and for time reasons it can not afford another lengthy negotiation...
read moreBYD Auto changed strategy for European market, coming with hybrids and electric vehicles in 2011
June 17, 2010 | 04:35am CEToriginalOriginally, the Chinese carmaker has aimed to sell cars with combustion engines in Europe. Green models for Europe, AutoBinck Holding/Auto Palace Group...
read moreContinental, IBM: Li-ion technology to be developed by 2020, Li-metal and Li-air after that
June 17, 2010 | 04:10am CEToriginalThe operating range will be increased from hundreds to thousands of kilometres to an unlimited number. IBM’s research project, details on the technologies, notebook batteries in the Tesla Roadster...
read moreIsuzu Trucks preparing to enter Slovakia, being cautious with Hungary
June 17, 2010 | 03:54am CEToriginalThe truckmaker is also considering the possibility to offer diesel-electric hybrid and diesel-CNG hybrid in Europe, being already sold in Japan...
read moreCEZ and PSA Peugeot Citroen to sign agreement on testing of electric cars within several weeks
June 17, 2010 | 03:42am CEToriginalThis will build on a letter of intent signed in October 2009. PSA will provide the energy company CEZ to test dozens of electric...
read moreGoodyear: All of our tires to have new EU marking by winter 2010/2011
June 17, 2010 | 03:28am CEToriginalThe new labels will be mandatory in the EU from July 2012. The company has also been meeting new noise limit since April 2009. Details of the new legislation...
read moreDidier Leroy to be new president of Toyota Motor Europe
June 17, 2010 | 03:16am CEToriginalHe will replace Tadashi Arashima, who has worked at Toyota Motor Europe for 10 years, in the management of the European headquarters responsible for sales and production…
read moreGrowth in sales of Ford cars stopped in Czech Rep, carmaker expects stagnation in 2010
June 16, 2010 | 02:27am CEToriginalFor the first five months, the sales decreased by 9.4%, market share by 1 pp. The current slump should be deleted by new products, such as the Mondeo facelift, the new C-Max, EcoBoost engines...
read moreFiat Panda production shift from Poland to Italy: Local suppliers did not receive contracts for new generation, awaiting approval of last unions in Italy
June 16, 2010 | 02:19am CEToriginalNew generation Lancia Ypsilon will not compensate the outage in Tychy. Generation alternation occurs in...
read moreJaguar Land Rover expanded dealer network in Czech Rep for another two partners, Volvo dealers
June 16, 2010 | 01:42am CEToriginalThese are companies Autokomplex Matejka in Olomouc and CIVA Trans in Ceske Budejovice. Scope of licenses and the current situation of sales and service network...
read moreThyssenKrupp plans to increase price of steel by up to EUR 100 per tonne in Q3
June 16, 2010 | 01:27am CEToriginalTonne of steel was sold for EUR 600 last week, in Q2 2010 its average reached...
read moreSDA: Cars of grey, red, blue, black and white colour sold in Czech Rep most often
June 16, 2010 | 01:20am CEToriginalWhen choosing a new car, silver, brown and green are also popular. Regarding light commercial vehicles, the predominant colour is…
read moreGoodyear: Share of Budget and Premium segments in tire market in Czech Rep to grow at expense of Value class
June 16, 2010 | 01:10am CEToriginalDevelopment between 2008 and 2009 in separate segments, outlook for 2012, results of 2009 and expectations of Goodyear for 2010...
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