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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
PwC improved outlook for world car production in 2010 by 2 million cars/4 percentage points
April 22, 2010 | 12:18am CEToriginalNevertheless, production will be, even according to new estimates, below 66 million cars from 2008. The engine of the growth should be markets...
read moreVolkswagen Polo in Q2 in Czech Rep: Three offers of favourable financing from SkoFIN and three special equipping packets
April 22, 2010 | 12:08am CEToriginalDetails of the funding programs for double-titled Car of the Year 2010 and equipping packets in the price range of CZK 10,000 to CZK 20,000...
read moreCeska pojistovna made additional insurance for windshield more attractive by repair and settlement of claim on spot
April 21, 2010 | 11:56pm CEToriginalA repair executed Mobile Repair service, including handling the administration takes about an hour. Statistics of CP and options for additional insurance, including pricing...
read moreAutomotive Industry Association improved car production outlook in Slovakia in 2010
April 21, 2010 | 11:43pm CEToriginalThe production increased by 40% in Q1, all carmakers were doing well. Effects on the production of Kia Motors Slovakia, PSA Trnava, and Volkswagen Slovakia...
read moreGM paid loans from governments of USA and Canada in advance
April 21, 2010 | 11:20pm CEToriginalIt has therefore prepared space for the reduction of government shares through public share offering, which could be implemented already in...
read moreAvia to increase production and sales several times in 2010, sales rose twice in Q1
April 21, 2010 | 02:56am CEToriginalMost of the production will go to new export markets such as Russia, Poland or Bulgaria, part of it as chassis for Smith Newton electric cars...
read morePwC: Car production in Czech Rep to fall by 1% in 2010, to grow by 7% in 2011
April 21, 2010 | 02:47am CEToriginalCar production will then surpass the level of 1 million units in 2012, according to PwC. In Q1 2010, production of cars to 3.5 tonnes went up by 29.6%. Individual manufacturers...
read moreIsuzu has returned to Czech market with its pickups, Campo replaced by new D-Max
April 21, 2010 | 02:26am CEToriginalThe importer led by Ivan Ruzicka, is now building the dealer network. The first dealer became the Opel and Chevrolet dealer...
read moreStephane Chauville left Czech and Slovak representation of Opel after eight months
April 21, 2010 | 02:11am CEToriginalPavel Silha, who was promoted from the position of sales head, became his successor in the leadership of the branch. Chauville...
read moreAvizo.cz: Used car prices in Czech Rep ceased to decline steeply, demand increases
April 21, 2010 | 01:58am CEToriginalA decline in the offer on the advertising server Avizo.cz, price development of Top 10 models in Q1 2010, comparison with H2 2009, the current average prices...
read moreJ.D. Power: Global sales of passenger cars and LCVs to rise by 4% in 2010
April 21, 2010 | 01:40am CEToriginalThe development on mature and emerging markets, forecasts for the USA, Western Europe, Eastern Europe, Russia...
read moreCSOB Leasing to add free damage liability for one year to lease or credit in Q2
April 21, 2010 | 01:27am CEToriginalThe offer is for both consumers and business subject when financing passenger cars and commercial vehicles of all brands. The spring offer is limited by the number of contracts...
read moreVolkswagen to come with large-scale production of affordable electric car, it is said to be the Golf
April 21, 2010 | 01:14am CEToriginalThe electric car Golf should enter the market sooner than the anticipated mini electric car Up!, namely in...
read moreFrank Versaevel to be new general manager of Volvo Auto Czech
April 21, 2010 | 12:58am CEToriginalThe former head of Czech representation of the carmaker Volvo Car Greg Maruszewski will become…
read moreInsurance companies in Czech Rep: Number of insurance frauds exposed also growing in 2010
April 21, 2010 | 12:44am CEToriginalDamages in insurance of motor vehicles still dominate the frauds. Details of individual insurance companies over Q1...
read moreAuto Esa: Visit rate of Skodovky.cz continues to grow, offer of cars increased
April 20, 2010 | 11:53pm CEToriginalCurrent visitor statistics of the site focused on sales of Skoda cars, increase in the number of cars offered...
read moreStaff of Belgian Opel plant on strike, they want higher severance pay
April 20, 2010 | 11:46pm CEToriginalThe social plan to cease production in Antwerp is not yet fully negotiated. Consensus has been reached regarding the conditions of early retirement but in contradiction...
read moreSales of Skoda cars grew by 25% in Q1, sales excl. China by 10%
April 20, 2010 | 11:39pm CEToriginalThe growth has been traditionally driven by the demand in China, but also in many European countries including the Czech Republic. The interest in the individual models and the outlook for 2010...
read moreEurope air traffic shutdown due to Icelandic volcano caused problems with supply of certain components to some carmakers
April 20, 2010 | 11:24pm CEToriginalBMW and Nissan will stop or reduce car production even outside Europe due to that. Projected production deficits...
read moreZAP: Car production in Slovakia to rise slightly in 2010, more briskly in H2 2011
April 20, 2010 | 11:15pm CEToriginalProduction went down by 19.5% in 2009 and the country thus lost its position as the largest manufacturer of cars per capita in Europe. Two countries got ahead of Slovakia...
read moreOpel factory in Antwerp for sale with half of employees
April 20, 2010 | 02:30am CEToriginalThe second half will leave the plant by the end of June. Conditions for the production’s termination in Antwerp, including generous severance...
read moreToyota adopted record fine of USD 16.4 million in USA, still facing other suits
April 20, 2010 | 02:17am CEToriginalThe fine is for Toyota rather symbolic because in late 2009 the carmaker held cash in the amount of...
read moreAAA Auto sold most cars for last 12 months last week
April 20, 2010 | 02:04am CEToriginalA new weekly record, the sales proportion of the Czech Republic and Slovakia, new daily record, the best selling models in Q1...
read moreNissan in April: Qashqai with financing with 0% increase or free damage liability
April 20, 2010 | 01:56am CEToriginalThe models Micra and Note also become cheaper while the X-Trail became more expensive. Discount on the models Pathfinder 2009 and Navara continues...
read moreToyota to recall 870,000 Sienna vans to repair in USA and Canada
April 19, 2010 | 10:53pm CEToriginalThe reason is the spare tire holder which is at risk of corrosion and the tire may fall out. The recall covers vehicles manufactured in...
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