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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
Kooperativa started to provide new clients with claims-free bonus in advance
May 13, 2010 | 01:15am CEToriginalHowever, if the client causes damage within 3 years, he has to give the discount of 15% back to the insurance company. Details of the offer Confidence...
read morePorsche Inter Auto plans to increase car sales by 3.2% in Plzen in 2010
May 13, 2010 | 01:07am CEToriginalThe company sold over 6,000 new cars in Plzen in 10 years of its existence. The investment, customer preferences, a new partnership in the program ŠkodaAuto Handy...
read moreSlovak unions at Delphi plant in Senica convened strike on May 18
May 13, 2010 | 12:57am CEToriginalThe company is not willing to accept their demands for the wage increase and production guarantee for a certain period. Details of the collective bargaining...
read moreMazda 50:50: Credium offers interest free credit in Q2 for 12 months with two instalments at beginning and end
May 12, 2010 | 06:14pm CEToriginalThe second option is to continue after in repaying the second half of the price of a new Mazda in the form of a interest credit...
read moreBosch Diesel to invest EUR 26 million in production expansion in Jihlava in 2010
May 12, 2010 | 12:51am CEToriginalThe company is building a new line for production of the CP4 pump there and is considering another one. Production volumes, plans, customers, parameters of the CP4 pump, the CP3 pump...
read moreCzech anti-theft systems manufacturer Construct expands to Asia
May 12, 2010 | 12:26am CEToriginalIt has begun to supply Malaysia with gear lever locks. The local partner, the planned volume of supplies, prices, expansion to other countries...
read moreEVC Group: Praktik and Superb added to electric Skoda Roomster, Smart got more powerful engine
May 12, 2010 | 12:14am CEToriginalAll electric cars have LiFeYPo4 batteries and 30 or 70 kW engines. Changes in prices of existing models and prices of new models...
read moreDelphi restrains production in Czech Rep, to dismiss 700 employees in Ceska Lipa
May 11, 2010 | 11:47pm CEToriginalThe reason is the ending production for Audi and BMW. Supplies for the most important customer Skoda Auto have also dropped...
read moreAvia to introduce electric vehicle Smith Newton at 2010 Brno Truck Show
May 11, 2010 | 11:28pm CEToriginalSmith Newton is intended mainly for goods delivery in and around cities, it is used, for example, by the company TNT. Parameters of the electric car...
read moreAssociation of Czech Insurance Brokers: Kooperativa became Insurance Company of 2009 in motor vehicle insurance
May 11, 2010 | 11:11pm CEToriginalIt has also won the main category of non-life insurance and it defended the last year's first place. Detailed results...
read moreEU imposed provisional anti-dumping duties on Chinese aluminum wheels
May 11, 2010 | 10:59pm CEToriginalThe EC established the duties in response to complaints of the European manufacturers for allegedly unfair competition of the Chinese production, which is used by European carmakers such as...
read moreRaiffeisen - Leasing launched web application for online calculation of credit or lease repayments
May 11, 2010 | 10:46pm CEToriginalNon-company clients can take advantage of Uniqa insurance with travel insurance free of charge, holders of Raiffeisenbank´s account eKonto will get...
read moreNew Audi Terminal designed to help increase sales of Auto-Exner in 2010
May 11, 2010 | 01:54am CEToriginalSales in 2008, 2009 and a plan for 2010, best-selling models, services offered by the Audi Terminal, servicing capacity, Express Service...
read morePrices of cars sold on Czech market grew by 0.4% m/m in April
May 11, 2010 | 01:33am CEToriginalUsed cars became cheaper while prices of new cars went up. Prices of spare parts fell but prices of service works grew. Detailed info...
read moreBrose to release staff from closed Czech plant in Trutnov gradually
May 11, 2010 | 01:17am CEToriginalThe company has already announced the release of 290 employees to the Labour Office; they should leave gradually in...
read moreVisit rate of AAA Auto site in Czech Rep grew by 40 % in Q1
May 11, 2010 | 01:02am CEToriginalAccording to the company, the market with used cars is reviving. The average duration of one visit is...
read moreGrowth in car sales in China in 2010 slowing down, reached 33.2% in April
May 11, 2010 | 12:53am CEToriginalIn previous months, y/y growth exceeded 50% though. April's car sales fell m/m by...
read moreCSOB Leasing launched interactive guide on its web site
May 11, 2010 | 12:38am CEToriginalThe new website is shifting from an information portal to a more active customer adviser. The author of the web pages and links to partners...
read moreBrilliance leaving European market after three years, without chance to enter Czech Rep and Slovakia
May 10, 2010 | 04:36am CEToriginalThe reason is a poor and inflexible price policy of the carmaker and related low sales. A. Charouz Motors...
read moreScuderia Praha plans Ferrari and Maserati sales at last year's level in 2010
May 10, 2010 | 04:25am CEToriginalThe company’s revenues for 2009, the number of cars under service control, new service centre, plans with the original showroom in Ruzyne…
read moreStrobel: Bosch plants in Czech Rep register slight recovery, sales growth expected for 2010
May 10, 2010 | 04:16am CEToriginalIn 2009, their revenues dropped by 26.6%, the majority accounted for the automotive technology. Staffing situation in the factories...
read moreLeasing of movables fell by 19.6% in Czech Rep in Q1, consumer loans by 13.1%
May 10, 2010 | 03:54am CEToriginalThe number of concluded contracts, financial and operating leases, fleet management, the individual segments (passenger cars, LCV, trucks, buses)...
read moreCar sales up to 3.5 tons fell by 51.8% in Slovakia in April, by 27.7% over four months
May 10, 2010 | 03:38am CEToriginalThis year's registrations of trucks to 12 tons decreased, while trucks over 12 tons increased. Buses recorded a fall. Individual brands...
read moreCzech Rep currently not planning incentives for purchases of electric cars
May 7, 2010 | 12:30am CEToriginalElectric cars could be advantaged after the introduction of tolls in the centre of Prague, which will be approved by the newly formed House of Representatives. Electric fleet of the Czech Republic...
read moreForthcoming low-cost Skoda sedan could also be produced in Czech Rep under Seat brand
May 6, 2010 | 11:58pm CEToriginalProduction is to begin in 2012; the plant in Vrchlabi is being considered. However, the model will not be named as the Popular. The carmaker is considering more options...
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