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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
Sales of passenger cars in Europe fell by 9.3% in May, rising slightly without Germany
June 16, 2010 | 12:55am CEToriginalSales have been recording an annual increase of 1.9% for the first five months. Outlook of the PSA head Philippe Varin for the full year 2010...
read moreTatra CEO Ronald Adams became new president of American Chamber of Commerce in Czech Rep
June 16, 2010 | 12:41am CEToriginalAdams has previously held the position of a first vice president in AmCham. AmCham’s plans for 2010 and 2011...
read moreGeneral Motors considering repurchase of its factory in France
June 16, 2010 | 12:37am CEToriginalThe plant with 1,100 employees produces automatic transmissions and other related components. At present, the factory is owned by...
read moreHyundai Motor fined CZK 700,000 for Labour Code breaching in Czech plant
June 16, 2010 | 12:29am CEToriginalThe company did not appeal against the fine, previously threatened to get a penalty of up to CZK 2 million. The most serious mistakes have been already removed...
read moreJaguar Land Rover prepares branded financing in Czech Rep, premiere in autumn
June 15, 2010 | 04:34am CEToriginalThe carmaker’s financial partner in Europe is the FGA Capital (part of Credit Agricole) that does not operate in the Czech Republic, but...
read moreSaab possibly negotiates cooperation on its new model 9-2 with BMW
June 15, 2010 | 04:13am CEToriginalThe cooperation could include a model Saab 9-4X as well, which comes to Europe in early 2011. Scope of the possible cooperation...
read moreKia Motors recalling 56,000 cee'd cars in Europe due to defective brakes
June 15, 2010 | 04:05am CEToriginalIn the Czech Republic, the recall covers 1,099 cars. These are cars with the ESP produced in Slovakia from April 2008 to March 2009. Expected proportion of repairs and other details...
read moreBRNO: Hyundai Motor confirmed start of its third model’s production in Nosovice in autumn 2010
June 15, 2010 | 03:57am CEToriginalB-segment MPV model still bears the codename Hyundai JC. The current number of employees and projected growth...
read moreSDA: Greenest cars in Czech Rep sold by Smart, Fiat, Toyota, Mini and Chevrolet
June 15, 2010 | 03:50am CEToriginalSkoda, Kia, Ford, Hyundai, Opel, Peugeot and Seat are still above average CO2 emissions of 151 g/km. For light commercial vehicles...
read moreGoodyear: Rate of vehicle ownersjip in Czech Rep to rise by 8 pp by 2015
June 15, 2010 | 03:34am CEToriginalIn this context, the penetration of tire sales should also grow by 5 pp. Expected development in Central Europe and the situation in the Czech Republic, Slovakia, Hungary and Germany...
read moreIsuzu Trucks plans to sell 100 N-Series vehicles in Czech Rep in 2010, to double sales in 2011
June 15, 2010 | 03:26am CEToriginalAt the end of 2010, Isuzu Trucks will enlarge its offer for the F-Series model in weight categories of 10 t and 12 t...
read moreMoravian-Silesian Automotive Cluster preparing two other testing laboratories
June 15, 2010 | 03:14am CEToriginalThese will be added to the current two - a noise and a heat one. The cluster also extended member base of two new companies in April…
read moreToyota Yaris Hybrid: Hybrid version of core model to be manufactured in France
June 15, 2010 | 03:10am CEToriginalRegarding Toyota's sales in Europe, Yaris represents 25%. Yaris Hybrid will follow up the hybrid models Auris Hybrid and Prius. The production should be launched in...
read morePowerShift dual-clutch transmission and downsized engines EcoBoost coming to another Ford models
June 15, 2010 | 03:02am CEToriginalAs for the S-Max and Galaxy, the PowerShift is without any surcharge within a boot action. To the EcoBoost engine 2.0 (149 kW) SCTi others will follow...
read moreLand Rover cut sales estimate of new cars in Czech Rep by 30% in 2010
June 14, 2010 | 03:32am CEToriginalThe reason seems to be a delay in the start of A. Charouz Motors dealership for Prague and Central Bohemia, which will open its showroom in Pruhonice in...
read moreSuperbel: Electric Skoda Superb goes on approval to TUV Sud, followed by testing in traffic
June 14, 2010 | 03:20am CEToriginalSiemens electric engine, Thunder Sky batteries, touch-responsive user interface from the VUT in Brno with navigating of the vehicle on the map of charging spots at Pluginmap.cz...
read moreIsuzu Trucks: Medium truck market in Czech Rep to fall in 2010, to reach level of 2008 by 2014
June 14, 2010 | 03:10am CEToriginalThe company expects a recovery as early as H2 2010; the market should grow by 20% annually from 2011. Development in different weight categories...
read moreVolkswagen increased sales by 8.6% in May, Skoda brand by 9.6%
June 14, 2010 | 03:03am CEToriginalFor the first five months, Volkswagen Group increased its sales by 18.1%, Skoda by 16.6%. The new model Yeti exceeds all the expectations...
read moreBMW Group not planning to introduce program of sale of quality used cars Mini Next in Czech Rep
June 14, 2010 | 02:49am CEToriginalThe Czech market is, in this respect, relatively small for the Mini. However, the program Mini Next, operates in USA, Australia, Germany or Switzerland; in Central Europe...
read moreFiat Profi Assist: Guaranteed mobility for Fiat commercial vehicles from Europ Assistance
June 14, 2010 | 02:42am CEToriginalIt is the first product of the joint cooperation of Fiat Ceska republika and Europ Assistance. Details of the new services...
read moreCar Importers Association began to publish statistics on sales by CO2 emissions and body colour
June 14, 2010 | 02:34am CEToriginalThe statistics are available for passenger cars and light commercial vehicles. Customer preferences in the Czech Republic are divided into 14 categories of colours...
read moreAutocentrum-Rozkos moved Toyota sales to newly built showroom in Jihlava
June 14, 2010 | 02:28am CEToriginalThe original space did not dispose of an acceptable capacity. Parameters of the new showroom, plans with the initial premises...
read morePSA e-HDi: Start-stop system to be in most of Peugeot and Citroen diesel models by end of 2010
June 14, 2010 | 02:21am CEToriginalThe first cars having the e-HDi technology will be Citroen C5, C4, C4 Picasso and Peugeot 308 and 508. Sales plans...
read moreGoodyear introduced new brand of tires Kelly
June 14, 2010 | 02:13am CEToriginalIt will only be offered in the network of Premio tire/fast service shops. It is a brand falling within economic class. Dimensions, prices, markets...
read moreVehicles for Sustainable Mobility: New technology platform for future of automotive industry in Czech Rep
June 14, 2010 | 02:05am CEToriginalThe project was developed by the SAP, CzechInvest approved it in the spring and assigned a subsidy. Timetable, objectives, vision, possible outcomes...
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