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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
Mercedes-Benz agreed with taxi service City Taxi on delivery of cars in Czech Rep
June 4, 2010 | 12:49am CEToriginalGeneral agreement for 3 years guarantees annual deliveries of 40 cars. Offer of models, financing, service, strategy, other brands considered...
read moreZlata koruna 2010: Best financial products in automobile insurance and financing by Kooperativa, SkoFIN, UniCredit Leasing, CSOB Leasing, Hertz Lease and ALD Automotive
June 4, 2010 | 12:31am CEToriginalThe main categories were dominated by non-automotive products though. The winning automotive products...
read moreGeneral Motors increased its planned investment in Brazil by EUR 300 million
June 4, 2010 | 12:14am CEToriginalThe carmaker already announced in March that it would invest in the modernization of production EUR 600 million. Location, a new production of the Chevrolet...
read moreCitroen renewed its offer "Old for new" for stock car purchase in Czech Rep
June 4, 2010 | 12:05am CEToriginalWhen changing a passenger car as a trade-in, the client will receive a discount of CZK 20,000. Regarding commercial models, Citroen has extended the offer of service contract IdealDrive for free…
read moreCar sales in Germany declining for six months in row, falling by 34% in May
June 3, 2010 | 11:54pm CEToriginalHowever, the German carmakers benefit from a growing demand abroad, when the export and production rose by…
read moreSlovak PSA plant shortly suspended production due to floods, another shutdown possibly on Monday
June 3, 2010 | 11:48pm CEToriginalThe reason is a flooded factory of its supplier Kongsberg Automotive, on which the production of the PSA plant in Trnava depends…
read moreKia Motors strengthened marketing team for Martin Racman in Czech Rep
June 3, 2010 | 11:43pm CEToriginalHe took the newly created position of a dealer marketing coordinator. Racman came to Kia Motors Czech from the company…
read more2010 Brno Truck & Motor Show: Both fairs to have 357 exhibitors
June 3, 2010 | 03:04am CEToriginalNovelties will be presented particularly by bus manufacturers Irisbus, Solaris, SOR, but also passenger brands such as Skoda, Hyundai, Renault and Dacia...
read moreBMW expanded number of partners in Czech Rep for sales of used cars within BMW Premium Selection program
June 3, 2010 | 02:51am CEToriginalThe carmaker has also extended warranty and added mobility guarantee. Current parameters, partners, number of cars offered...
read moreGhosn: Renault-Nissan plans to sell 7 million cars in 2010, exceed GM and become market’s number three
June 3, 2010 | 02:39am CEToriginalAccording to Ghosn, this year’s global sales will rise by 20% to record 70 million cars. This estimate is significantly above the expectations of companies PwC and J.D. Power...
read moreCitroen aims to strengthen fleet sales in Czech Rep, it set up separate department for wholesale business
June 3, 2010 | 02:20am CEToriginalEvzen Soucek became the head of the new department, previously working at a Japanese carmaker...
read moreGE Money Auto: Most common offenses of Czech drivers are speed-exceeding for men and phone calls without hands-free for women
June 3, 2010 | 02:10am CEToriginalThe speed is exceeded by men under 29 years of age most often. The frequency of other offenses for men and women resulting from a survey...
read moreRenault to reportedly move production of Trafic van to France, requires this even from partners Nissan and Opel
June 2, 2010 | 04:50am CEToriginalIt is to happen with arrival of a new generation; plants in Spain and Great Britain would thus lose this production. A plant under consideration, the initiation of production of a new Trafic/Primastar/Vivaro...
read moreWustenrot insurance company innovated parameters for damage liability segmentation in Czech Rep, and reduced rates by 20%
June 2, 2010 | 04:27am CEToriginalIt has also introduced a new comprehensive insurance Wustenrot ProAuto. Parameter changes, rates, the package ProAuto, special offer...
read moreChristopher Palombo left Czech representation of Peugeot
June 2, 2010 | 03:57am CEToriginalThe position of general manager in Peugeot Ceska republika has been taken over by Yann Carnoy. Palombo’s new post and Carnoy’s previous…
read moreAuto Esa opened used car shop aimed only at Skoda brand in Prague
June 2, 2010 | 02:12am CEToriginalIt is the company’s third bazaar based in Prague. The location, capacity, current offer, introductory action and innovative websites Autoesa.cz and Skodovky.cz...
read moreNew Land Rover dealer Dajbych wants to sell 60 new cars in 2010
June 2, 2010 | 01:58am CEToriginalThe company opened a Land Rover showroom in Plzen of the size of 300 m2. Sales plan for 2011, offer of models, overall results of the company in 2009...
read moreCzech Rep moved among world's car makers from 19th at 13th place in 2009
June 2, 2010 | 01:34am CEToriginalDevelopment of production in separate emerging markets and developed countries and regions, potential and investments in CEE, production moving from Western to Eastern Europe...
read moreNHTSA investigates gas pedal problem of two Ford Motor’s models
June 2, 2010 | 01:11am CEToriginalIt has received several complaints concerning the car-rugs’ touching the pedal. This applies to models Ford Fusion and Mercury Milan for the U.S. market made in...
read moreAAA Auto continues to improve financial results, slowed down by closed shops
June 2, 2010 | 12:34am CEToriginalThe company showed a profit in Q1. Revenues went up by 1.3%; the reasons for growth are financial services and higher margins. Sales declined by 6.1%. Details, trends, outlook...
read moreOpel Hot Week: 7x24 hours with discounts up to CZK 200,000 for both passenger and utility models
June 2, 2010 | 12:01am CEToriginalDuring the entire month of June, Opel Finance is offering a one-year interest-free credit with two instalments 50/50. Parameters of the new product, a six-year warranty...
read morePorsche withdrew legal action against Volkswagen law
June 1, 2010 | 11:49pm CEToriginalThe law guaranteed the federal state Lower Saxony a blocking minority in VW with a share of just above 20%. All legal disputes between the two carmakers were thus been terminated…
read moreVisteon to invest in one of Czech factories to optimize production
June 1, 2010 | 12:40am CEToriginalIt will locate a new production line for metal parts of ventilation and air conditioning units for cars there. The location, customers of Visteon - Autopal...
read moreRenault: Megane Coupe-Cabriolet, Wind roadster, Megane GT/GT Line, Gordini versions, dual-clutch gearbox EDC coming on the market
June 1, 2010 | 12:21am CEToriginalPrices, advantages within the financing, roof folding of the model Wind in 12 seconds, parameters of the EDC gearbox...
read moreE.ON put its first charging station for electric cars into operation in Brno, first in Czech Rep
May 31, 2010 | 04:01am CEToriginalAt the same time, it is the first charging station set up by an energy company. Electricity recharging is free. Location, parameters, contractors...
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