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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
Avia entered Russian market, considering assembly there
April 19, 2010 | 10:00pm CEToriginalIn the first phase, there will be seven dealerships ensuring the sale. Avia holds talks about the licensed production with a company Avtotor as well...
read moreVolkswagen increased sales by 25% to 1.73 million cars in Q1
April 19, 2010 | 03:42pm CEToriginalChina, Europe and USA contributed to the growth. Volkswagen expects to do better than the market in 2010 and to increase sales...
read moreCar sales in Europe rose by 10.8% in March, by 9.2% in Q1
April 19, 2010 | 05:02am CEToriginalComparison with the pre-crisis year of 2008, the effect of scrap bonus, results in individual countries, results of individual brands...
read moreToyota suspended sales and production of Lexus GX 460 worldwide
April 19, 2010 | 04:56am CEToriginalThis applies to the United States, Russia and the Middle East. No corrective action has been decided yet. Mazda also has problems with the model Mazda3/Axela...
read moreUOHS cancelled tender of Ceska posta for purchase of vans for CZK 300 million
April 16, 2010 | 12:56am CEToriginalThe reason is are serious mistakes in tender documents. A winner of the tender, A. Charouz appealed against the decision. A new tender...
read moreDomansky in April: Electronic health book and six airbags in the price of a new car
April 15, 2010 | 08:50pm CEToriginalThe action relates to a branch in Zdiby near Prague, where the company offers the car brands Peugeot, Citroen, Hyundai and Volkswagen...
read moreSkoda Auto considering moving assembly of Roomster from Kvasiny to Vrchlabi
April 15, 2010 | 08:31pm CEToriginalThe Roomster would thus relinquish place to expanding production of the models Yeti and Superb/Superb Combi in Kvasiny. Utilization of both plants...
read moreHyundai reached agreement with workers from Nosovice on wage clause in existing collective agreement
April 15, 2010 | 08:20pm CEToriginalAverage salaries will rise by 7% from April, annual bonus will reach 50% of salary, for extra shifts a bonus of CZK 400 will be paid. However, the increase is for 2009 as well...
read moreAAA Auto registers growing interest in recovery of commercial vehicles, sales rose by 21% in Q1
April 15, 2010 | 08:11pm CEToriginalEntrepreneurs often exchange their newish delivery van for an older one. AAA Auto responds to increased demand for LCVs by an increase in purchase prices by up to 20%...
read moreTPCA signed new collective agreement with unions
April 15, 2010 | 07:51pm CEToriginalThe agreement, in addition to increase in tariff wages, an additional pay for an extra shift and a bonus, also includes a commitment that TPCA will not dismiss for redundancy until...
read moreChinese carmaker Gonow entered Czech and Slovak markets
April 15, 2010 | 01:34am CEToriginalImporter for Central Europe, dealer network, two models—pick-up and SUV, financing, power units including LPG, parts of equipment and prices...
read morePrazska energetika itends to participate in eMobility development in Czech Rep
April 15, 2010 | 01:26am CEToriginalCEZ is making the biggest progress; E.ON is rather CNG oriented for the present. Legislative and other problems in the Czech Republic, E.ON’s test projects with BMW and Volkswagen in Germany...
read moreMitsubishi expects growth sales in Czech Rep and Slovakia in 2010
April 15, 2010 | 01:04am CEToriginalIn 2009, sales and registrations for both markets fell by about 15%. Part of the cars was not sold via the importer...
read morePlzen-based car dealer Ricardo in insolvency
April 15, 2010 | 12:54am CEToriginalThe authorized dealer of passenger cars and commercial vehicles Fiat got into financial difficulties because of the crisis. The amount of debts, creditors, showroom...
read moreDaimler terminating part-time working hours in car production in Germany
April 15, 2010 | 12:43am CEToriginalRegarding trucks, the situation remains unchanged. Daimler plans to keep a stable number of employees this year or even slightly increase it…
read moreUniqa offers new customers bonus doubling and copying to full car insurance in Q2
April 15, 2010 | 12:29am CEToriginalIt is going to add the accident insurance for free. The number of clients in the car insurance in 2009 increased by...
read moreChrysler entered into three-year cooperation contract with NASA
April 15, 2010 | 12:11am CEToriginalBoth subjects will be sharing information on automotive technologies and space research. Details of the current and former cooperation...
read moreSeat spring service action: Inspection for CZK 99, discounts on spare parts, accessories and tires
April 14, 2010 | 11:58pm CEToriginalIn the case of fault detection and repair in service shop, is free tour. Parts, accessories and tires included in the action...
read moreToyota has suspended sales of Lexus GX 460 on U.S. market
April 14, 2010 | 11:49pm CEToriginalOn other markets it is not yet clear what the position of the carmaker will be. IHS Global Insight predicts that Toyota will have to...
read morePeugeot in April: Discount on models 207, 308 and Partner Tepee Holiday
April 14, 2010 | 11:39pm CEToriginalIn April, it is still possible to replace the used vehicle per contra for one of the selected diesel cars Peugeot with a bonus up to CZK 80,000...
read moreVolkswagen completed increase of its capital by issuing new shares
April 14, 2010 | 11:24pm CEToriginalThe emission of 65 million new preference shares has brought EUR 4.1 billion, which will serve to finance the takeover of the carmaker Porsche…
read morePrague eMobility Week: Exhibition of cars, motorbikes and bikes with electric drive; electric car owners meeting
April 14, 2010 | 12:53am CEToriginalAmong the exhibits will the electric cars Tesla Roadster and GEM (Global Electric Motorcars), the Toyota Prius hybrid and more...
read morePSA Peugeot Citroen allegedly found second partner for expansion in China
April 13, 2010 | 11:57pm CEToriginalThe French carmaker intends to increase sales in China by 30% in 2010. After the carmaker Dongfeng, Changan is to be the second partner...
read moreConsumer Reports: Lexus GX has problems with ESP, it may overturn
April 13, 2010 | 11:45pm CEToriginalThis big seven-seater SUV of the carmaker Toyota Motor is not sold in Europe though. Similar warnings were issued by the U.S. magazine in 2001 last time for the car...
read moreCzech network of tire and fast service shops Barum and Pneubox renamed to BestDrive
April 13, 2010 | 01:46am CEToriginalBestDrive has simultaneously expanded the offer of tire brands and services in its own and franchising premises, set up a loyalty program and launched spring services again...
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