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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
Porsche increased sales by 15.6% to 185 cars in Czech Rep in 2009
June 9, 2010 | 03:55am CEToriginalOver 17 years, the exclusive dealer Porsche Inter Auto has sold 1,000 Porsche cars. Demand for individual models, customer preferences, development in 2010...
read moreBRNO: Dacia Duster: Another low-cost model proved successful in Western Europe, demand not met in Czech Rep
June 9, 2010 | 03:44am CEToriginalThe Duster attracts many new customers into the SUV segment. Current monthly orders, supplies, plans, competitors...
read morePace of decline in car sales in Slovakia slowed down in May
June 9, 2010 | 03:37am CEToriginalDemand fell by more than 40% in May, the reason has still been the high comparative base influenced by scrap bonus. Individual brands, outlook...
read moreFord Econo Check: Technical car inspection and driving style analysis should help to reduce fuel costs by up to 25%
June 9, 2010 | 03:29am CEToriginalThe carmaker’s new service will be launched in Spain and Australia in June. Details, price, introduction in the Czech Republic and Slovakia...
read moreCitroen strengthened sales department for wholesale customers in Czech Rep by another fleet manager
June 9, 2010 | 03:24am CEToriginalThe recently established department has been joined by Jiri Caslavka, who previously worked at the carmaker...
read moreAutomotive Industry Association acquired accreditation for AutoAdapt program at second attempt
June 9, 2010 | 12:20am CEToriginalHowever, subsidies for this project aimed at enhancing the adaptability of workers in the automobile industry were reduced by 25% to...
read moreTomas Hejda left CSOB Pojistovna, Petr Milata became new spokesman
June 9, 2010 | 12:06am CEToriginalMilata thus moved from internal to external communication within the company. Hejda’s new position…
read moreBRNO: Profits of Czech automobile industry decreased by 59% in 2009
June 8, 2010 | 01:59am CEToriginalThe average value added per worker, however, increased by 30.4%. Additional information resulting from the competition of Enterprise of 2009...
read moreUniCredit Leasing prepared financing package Relax Pack for customers of Renault and Dacia brands
June 8, 2010 | 01:49am CEToriginalThe new product includes advantageous interest rates and accident insurance, payment protection insurance, GAP insurance. Details...
read moreBRNO: Skoda plans to sell around 200 Fabia RS in Czech Rep in 2010
June 8, 2010 | 01:32am CEToriginalIn the coming years, the carmaker expects to sell around 600 cars. The production started last week. The current number of orders...
read moreMexico foresees doubling of car production by 2015
June 8, 2010 | 01:08am CEToriginalCar production in Mexico declined to 1.6 million cars in 2009, but exceeded 2 million cars a year in the previous three years. Investments of carmakers…
read moreBRNO: Jahn (SAP): Production of motor vehicles in Czech Rep to exceed limit of 1 million in 2010
June 8, 2010 | 12:30am CEToriginalDetailed results of the Czech automotive industry in 2009, SAP requirements for the new government...
read moreChrysler recalling almost 600,000 Jeep, Chrysler and Dodge cars in USA
June 7, 2010 | 11:58pm CEToriginalThe reason is a problem with the brakes, wiring and gas pedal. Models, the numbers of units, years of production...
read moreSpain approved state aid for Opel, Germany to discuss it on Wednesday
June 7, 2010 | 11:54pm CEToriginalThe committee of independent economic experts took a “very sceptical” stand to the state aid last week though. The volume of guarantees required...
read moreDaimler would like to welcome Chinese shareholders, rather small though
June 7, 2010 | 11:39pm CEToriginalSurely the investments should not be in a range of Kuwait (7%) and the Emirate of Abu Dhabi (9%). Daimler expects sales growth in China by more than 43% in 2010...
read moreMercedes-Benz to present series of models with alternative propulsion in 2010 and 2011
June 7, 2010 | 03:30am CEToriginalThe MB Econic truck using CNG, MB E-Class NGT, MB ML-Class full-hybrid, electric MB A-Class E-Cell, hydrogen B-Class F-Cell...
read moreFord Motor to cancel Mercury brand, operating only under brands Ford, Lincoln
June 7, 2010 | 03:16am CEToriginalMercury’s production should end up in Q4 2010, the freed-up resources will be utilized to expand the luxury brand Lincoln...
read moreChina prepares program to promote sales of hybrid and electric vehicles, testing it in 5 cities
June 7, 2010 | 03:09am CEToriginalFor hybrids, the grant will be up to EUR 6,000, for electric vehicles up to EUR 7,100. Compared with Europe, the amount of support...
read moreAAA Auto offers free service for 1 year and discount on spare parts for Skoda cars from June
June 7, 2010 | 02:55am CEToriginalSales of Skoda cars from January to May 2010, Carlife warranty for 12 months for cars over CZK 100,000, the reduction within funding...
read moreRussia intends to double amount on scrap bonus
June 7, 2010 | 02:47am CEToriginalThanks to the scrap bonus, sales of new cars in Russia grew for the first time, since the beginning of the crisis, in April, namely by 20%. To the original RUB 10 billion there should be added...
read moreU.S. car sales rose by 19% in May and by 12.3% m/m
June 7, 2010 | 02:39am CEToriginalSales rose for the seventh month in a row. If the May sales pace maintained, for the whole 2010 there would be sold in the U.S....
read moreAutomotive supplier Magneton bought by Czech company Rovina Group in bankruptcy
June 4, 2010 | 01:39am CEToriginalThe original owner Globin dislikes this though and complains to court of the non-transparency of the sale. Details of the sale and plans of a new owner...
read moreBMW wants to expand dealer network in Czech Rep, looking for successor of A.M.T. mobil in Prague
June 4, 2010 | 01:31am CEToriginalApplications to tender for a new dealership in Prague 9 must be submitted by 20 June. Requirements, sales potential, the current dealer situation in Prague...
read moreSales of cars up to 3.5 tons rose by 11.5% in Czech Rep in May, by 0.4% for five months
June 4, 2010 | 01:18am CEToriginalIndividual results of the categories of passenger cars, light commercial vehicles, trucks and buses...
read moreSkoda Auto to move Roomster’s production from Kvasiny to Vrchlabi in January 2011
June 4, 2010 | 01:03am CEToriginalThis transfer is not intended to cause changes in the employment. Termination of the Octavia Tour production, the new Skoda model, the new land for development of the Vrchlabi-based plant…
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