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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
Prague eMobility Day: Exhibition of electric cars, scooters and bikes at two squares on May 6
May 3, 2010 | 11:08pm CEToriginalThe electric cars Peugeot iOn or Tesla Roadster and the electric-powered boat ElektroNemo to be seen there. CEZ will offer...
read moreEurop Assistance extended number of corporate partners in Czech Rep and Slovakia
May 3, 2010 | 12:40am CEToriginalBusiness and financial results of 2009, existing and new partners from among insurance companies, leasing companies, carmakers and car dealers...
read moreMilan Houzvic leading car insurance section in Kooperativa as of May 1
May 3, 2010 | 12:26am CEToriginalWithin the company, he has been thus promoted from the regional management to the national one. His predecessor, Jiri Filla...
read moreNumber of CNG vehicles extending among companies and institutions in Prague
May 3, 2010 | 12:13am CEToriginalIn 2010, Prazske sluzby or the car rental service Sixt are about to expand their fleets. Specific plans and other operators of CNG vehicles...
read moreMedia communication of Generali to include more local production in Czech Rep
May 2, 2010 | 11:58pm CEToriginalThe first Czech act is an advertising campaign for mandatory liability Generali Komplet. Details of the strategy, campaign, including TV spots and the highest version Komplet...
read moreExperts: Reason for decline in car insurance market is lower car sales and cheaper insurance
May 2, 2010 | 11:49pm CEToriginalSome insurance companies with very low prices may soon reach the limit of operating efficiency of automobile insurance...
read moreBela Jaskova left SkoFIN after 11 years
May 2, 2010 | 11:37pm CEToriginalIn the company, she held the position of spokeswoman; her successor will be announced next week. Jaskova’s new place of activity...
read moreAnalyst: General Motors mystified market with announcement of early government loans’ repayment
May 2, 2010 | 11:28pm CEToriginalThe goal was only to refinance the total debt. According to the analysts, GM is still in a deep slump...
read moreCP Safety Index: Jihlava had safest roads from regional cities, Tabor from district cities in 2009
May 2, 2010 | 11:16pm CEToriginalA total of 11 district towns with a clean slate in the number of fatalities in H1, worsened in H2. Detailed results of the cities...
read moreKooperativa: Car wash quality rising, drivers are more responsible
May 2, 2010 | 11:02pm CEToriginalIn 2009, the number of claims concerning the vehicle’s damage in the car wash decreased. Results for the last two years, the average amount of damage...
read moreKia dealers in Czech Rep can get rid of used car trade, AAA Auto to take care of cars in part exchange
April 30, 2010 | 11:06am CEToriginalThe program for used cars Autokeep still continues. Replacement of a car in part exchange in Germany and the Czech Republic...
read moreSkoda Auto enhanced all business and financial indicators in Q1
April 30, 2010 | 10:36am CEToriginalThe production increased by 37.5%, revenues by 32%, profits several times, total sales by 25%, sales excluding China, by 10%. Individual regions, models and current outlook for 2010...
read moreCar insurance market fell by 8.7% in Czech Rep in Q1, damage liability more than accident insurance
April 30, 2010 | 04:52am CEToriginalDetailed results of the insurance companies CP, Kooperativa, CPP, Allianz, Generali, CSOB, Uniqa, Triglav, Wüstenrot, Slavia, Direct, Axa, HVP and Maxima...
read moreBrno-based dealer of Jaguar and Land Rover, House of England changed its owner
April 29, 2010 | 02:08am CEToriginalThe dealership has been dominated by the company UK cars, led by Robert Pergl, the head of Scuderia Praha representing brands Ferrari and Maserati on the Czech market. Details…
read moreBrano Group won contract from Porsche for EUR 1 million
April 29, 2010 | 01:53am CEToriginalThanks to new contracts, the company has enrolled 200 new employees. Details of the new contract for Porsche and experience with the production of other exclusive brands...
read moreFirst service partner of Isuzu Trucks in Czech Rep assigned Hesti group
April 29, 2010 | 01:39am CEToriginalIts service locations in Prague, Hradec Kralove, and Plzen will therefore take an additional brand. Other service locations in Brno and Ostrava...
read moreBMW Extended Warranty: Carmaker’s extended guarantee up to 5 years/120,000 km for BMW cars
April 29, 2010 | 01:08am CEToriginalThe warranty may be bought for any vehicle with a valid service package Service Inclusive before the statutory warranty period expiration. Options and prices...
read moreDirect Pojistovna: Motorists mostly rely on conventional mechanical car security
April 29, 2010 | 12:35am CEToriginalTheir greatest concerns for the theft of their cars include parking on lightless places and big cities. Details of the IBRS survey...
read morePrazska plynarenska to offer discount on CNG and petrol voucher as of May
April 29, 2010 | 12:17am CEToriginalThe offer concerns customers in the category of residential and retail customers. The discount and the value of petrol voucher in the network Benzina...
read moreToyota recalls further SUVs in USA, currently 50,000 Sequoia cars
April 28, 2010 | 11:49pm CEToriginalThe reason is a potential problem with the ESP, which in some cases may be activated even when driving slowly and it prevents the acceleration of the vehicle that is expected by the driver. NHTSA...
read moreEC: Number of cars to double by 2020 worldwide, electric cars await rapid development
April 28, 2010 | 11:36pm CEToriginalThe EC wants to encourage the green technologies more, to work for the extension of charging stations, to develop rules for providing incentives for purchases...
read moreGeneral Motors to invest USD 890 million in modernization of five motor plants
April 28, 2010 | 11:29pm CEToriginalThe investment will protect 1,600 jobs in North America. These factories should produce a new generation V8 engine designed for...
read moreGonow wants to double dealer network in Czech Rep and Slovakia
April 28, 2010 | 12:55am CEToriginalAt the same time the company is preparing to enter Poland, Hungary and Romania. Presentation at motor shows the region and the current dealer network...
read moreAllianz offers cheaper damage liability for Prague and surroundings in Q1
April 28, 2010 | 12:42am CEToriginalThe offer is intended for the consumer. The campaign, called the Prague Spring accompanied by the song Pripojistena also covers the counties...
read moreLeasePlan: Czech companies spend too much for operating company cars, they could save up to 15% of costs
April 28, 2010 | 12:20am CEToriginalThe biggest savings can be implemented within the choice of ownership, drive, tires, insurance but also when purchasing fuel and by introducing an electronic log book...
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