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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
Direct Pojistovna: Czechs go to pub by car, drive drunk, but refusing any tolerance of alcohol while driving
May 6, 2010 | 11:49pm CEToriginalThe number of accidents caused by tipsy drivers is increasing every year. Detailed results of the survey...
read morePSA Peugeot Citroen to establish joint venture with Changan Automobile in China
May 6, 2010 | 11:39pm CEToriginalIt is another partner of PSA in China, where the French carmaker wants to speed up its expansion. The new joint venture should produce…
read moreVolkswagen, MAN and Scania exploring possibilities of closer cooperation
May 6, 2010 | 11:29pm CEToriginalVolkswagen wants to better compete with the truck manufacturers Daimler and Volvo by cooperating with companies where its share...
read moreEvoBus to build another hall producing bus spare parts in Czech plant in Holysov
May 6, 2010 | 12:24am CEToriginalThat will require an investment of over EUR 10 million and 50 new employees. The high-capacity bus CapaCity, production in 2009 and 2010...
read moreCar sales up to 3.5 tons fell by 15.1% in Czech Rep in April, over four months by 2.4%
May 5, 2010 | 11:57pm CEToriginalSales of trucks and buses have also decreased. Individual results of passenger cars and light commercial vehicles affected by the change of legislation...
read moreScuderia Praha opened new Ferrari showroom in Prague
May 5, 2010 | 11:49pm CEToriginalThe investment in the showroom in Dejvice has exceeded CZK 10 million. Servicing is still under way in Ruzyne, in autumn 2010, it will move to new premises...
read moreHutchinson engaged 50 people in Czech Rep in Q1, still holds agency staff
May 5, 2010 | 11:38pm CEToriginalThe reason is growth in demand of the carmakers Ford and Fiat but also a new contract from the German carmaker...
read moreChinese carmaker JAC Motors wants to enter Europe, considering to build plant in Slovakia
May 5, 2010 | 12:29am CEToriginalThe company is already negotiating with the agency SARIO. It would like to offer passenger cars and light commercial vehicles on European market. Sales representation...
read moreSkoda GreenLine: First models with start-stop system and energy recovery to be Fabia Combi and Roomster
May 5, 2010 | 12:14am CEToriginalFabia Combi GreenLine II and Roomster GreenLine II are going to be available for orders in June. Lower fuel consumption, less expensive damage liability, prices...
read moreVladimir Vosicky left Peugeot after 10 months
May 5, 2010 | 12:03am CEToriginalCzech representation of Peugeot has simultaneously merged the marketing and sales department, and as commercial manager was nominated…
read moreNissan to recall nearly 135,000 Infiniti G35 cars to repair because of problems with airbags
May 4, 2010 | 11:46pm CEToriginalMost of those cars were sold in the USA, and all of them outside Europe. Infiniti G35 has been produced between 2007 and 2009...
read moreCar sales in Germany fell by 32% in April, by 25% over four months
May 4, 2010 | 11:38pm CEToriginalHowever, the decrease in sales is offset by rising production and exports. Data on production growth and acceleration of the growth of exports...
read morePorsche comes to market with new Cayenne, including hybrid drive version
May 4, 2010 | 11:29pm CEToriginalNearly 500 cars of the first generation Cayenne has been sold in the Czech Republic. Porsche is already recording 25 orders for Cayenne II in the Czech Republic and for 2010 it expects...
read moreCAP and CKP warn drivers in Czech Rep of using non-contracting assistance services
May 4, 2010 | 11:15pm CEToriginalThose are said to intimidate and threaten customers of insurance companies with legal proceedings. According to the assistance service Nehodova sluzba, insurance companies reduce insurance benefits by up to 76%, the most...
read moreCzech state prepared grants for dealing with car wrecks, junkyards require obligation to ecological liquidation
May 4, 2010 | 11:08pm CEToriginalDe-registering an old car is currently available without any proof of liquidation. Operators of junkyards filed a complaint to the EC of legislation of the Czech Republic...
read moreEVC Group completed development of electric car Skoda Superb
May 4, 2010 | 01:46am CEToriginalIts electric drive will be identical to the electric car Skoda Roomster. It will be followed by another electric Skoda model...
read morePauels: Avia wants to become global carmaker
May 4, 2010 | 01:30am CEToriginalThe carmaker wants to achieve the aim by entering into new markets and diversifying the portfolio. Trucks, buses and vans; diesel, electric and CNG drive...
read moreKopecky: Generali wants to be number three on insurance market in Czech Rep by 2012
May 4, 2010 | 01:04am CEToriginalCurrent state, market share necessary to this aim, outlook in car insurance in 2010, expansion of cooperation with partners...
read moreFLEET MANAGEMENT 2010: Half of companies in Czech Rep still not using effective fleet management
May 4, 2010 | 12:41am CEToriginalFor example, they are not making use of telematics systems and do not buy tires centrally. Details of the survey of Incoma GfK, the conflict between buyers and suppliers...
read moreProfessional conference on development of electric cars and infrastructure to be held in Prague on May 6
May 4, 2010 | 12:28am CEToriginalRepresentatives of the companies Continental, IBM, Peugeot, Skoda Auto, CEZ, Molaris, ZPA Smart Energy or the Czech Technical University will speak at the conference...
read moreEurop Assistance presented assistance programs AutoHelp and DriveCard in Czech Rep and Slovakia
May 4, 2010 | 12:10am CEToriginalThe insurance AutoHelp is tied to a particular car, DriveCard to a specific driver. Differences between the variants Basic and Plus, pricing, sales channels...
read moreDodge Caliber - another model has problems with gas pedal made by U.S. company CTS
May 3, 2010 | 11:46pm CEToriginalNHTSA initiated an investigation of 161,000 cars. According to Chrysler, the possible defect refers to only 10,000 cars produced in...
read morePrazska plynarenska to hold guessing contest for several CNG cars in November
May 3, 2010 | 11:39pm CEToriginalThe main prize will be Mercedes-Benz B 180 NGT, other prizes are likely to be passenger cars of another brand...
read moreFLEET MANAGEMENT 2010: Costs of drivers of company cars can be squeezed more than of suppliers
May 3, 2010 | 11:28pm CEToriginalRude drivers can increase normal TCO of company vehicles by up to 25%. Specific details on the example of the B segment car, possible solutions...
read moreGerman government launched plan to support electric cars, not planning subsidies now though
May 3, 2010 | 11:19pm CEToriginalThe opposition called it a theatre. The government, according to carmakers, was supposed to create a network of charging stations in Germany and actively promote new technologies...
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