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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
Toyota Aygo Base Cool: Carmaker’s entry-model with air conditioning as standard, while keeping price below CZK 200,000
April 7, 2010 | 03:41am CEToriginalAnother novelty is the new package Red Edition for customers who want to have a red car both inside and outside. When using the funding...
read moreRubber prices in Asia climbed to record highs of over USD 3/kg
April 7, 2010 | 03:22am CEToriginalTherefore, the growth, which reached 20 % in 2009, keeps going. Tire manufacturers are now struggling for this commodity…
read moreCar sales in Germany dropped by 26.5% in March, by 23% in Q1
April 6, 2010 | 11:58pm CEToriginalThe decrease has been caused by the scrap bonus program termination. Throughout the 2010, the association VDIK foresees a drop in sales of...
read moreHyundai’s Czech unions gave company ultimatum until next week
April 6, 2010 | 11:50pm CEToriginalIf company management do not accede to their demands for wage increase, they shall pass the negoatiations on an agent...
read moreU.S. accused Toyota of concealing defects, proposed a record fine
April 6, 2010 | 11:34pm CEToriginalThe carmaker has reportedly known about the problems with gas pedals from September 2009 but launched steps to remove as late as January 2010. The fine and the expectations of analysts...
read moreNew brands in A. Charouz Motors’ portfolio caused sales changes in Prague
April 6, 2010 | 05:49am CEToriginalThe company will offer Jaguar and Land Rover brands in Pruhonice, while Cadillac, Corvette, Hummer, Spyker, Wiesmann and electric cars Micro-Vett in a new showroom in...
read moreKey Plastics expanding in Europe, buying certain plants of Paulman & Crone and Olho Group
April 6, 2010 | 05:15am CEToriginalThe U.S. company will take Olho-Technik plants over in Germany and the Czech Republic, which are in 2010 expecting a turnover of...
read moreGrammer won new contracts, to extend production by investment of EUR 12 million in Czech Rep
April 6, 2010 | 01:50am CEToriginalIt will be production for a truck manufacturers. Even though Grammer has recently ceased production in Horazdovice but now in Tachov...
read moreSkoda Auto reduced number of suppliers by 77 partners in 2009, production purchase down by 10.6%
April 6, 2010 | 01:41am CEToriginalThe share and supplies of companies in the Czech Republic, Germany, Western Europe, Central and Eastern Europe; growth in the number of suppliers from Russia, India and China...
read moreAndrej Barcak jr. left A. Charouz, Pavel Silha Kia in Slovakia
April 6, 2010 | 01:13am CEToriginalBoth have moved to the Czech and Slovak representation of Opel, where the change of the organizational structure has been thus completed. Details of changes and the existing career of managers...
read moreRehau keeps expanding production in Czech Rep, launched operating in new hall
April 6, 2010 | 12:58am CEToriginalSince 2007, several investment projects in the plant based in Moravska Trebova have meant an acquisition of hundreds of jobs. Orders from existing and new customers...
read moreAfter 10 years at SkoFIN Roman Vavron leaving to group branch in India
April 6, 2010 | 12:41am CEToriginalJan Kloud has been promoted to the position of marketing director at SkoFIN. As of May, Vavron will be at Volkswagen Finance PVT on a post of...
read moreGefco opened buffer stock in Czech Rep for car components supplies to French plants of PSA
April 6, 2010 | 12:25am CEToriginalIt collects parts from suppliers in the Czech Republic, Slovakia, Hungary and Poland. It is the third such a warehouse in Europe...
read moreCitroen C4 Picasso Image: Special model with features for increased comfort from CZK 429,900
April 6, 2010 | 12:09am CEToriginalThose interested in the basic equipment version X can pay extra CZK 30,000 for an automatic control of the air conditioning and Bluetooth/USB. The surcharge for C4 Grand Picasso amounts to...
read moreDaimler agreed on out-of-court settlement in bribery scandal in USA, investigation continues in Germany
April 5, 2010 | 11:54pm CEToriginalThe German carmaker will pay a fine amounting to double profit from the proven dirty business in the USA. Daimler’s and FBI’s measures...
read moreU.S. car sales rose by 24.3% in March, in Q1 up by 15.5%
April 5, 2010 | 11:34pm CEToriginalThe growth has been supported by incentives of the carmaker Toyota, to which competitors had to react. Other factors and sales of individual carmakers...
read moreGovernment wants to improve trade in used cars, prepares news for STKs and car transfers
April 2, 2010 | 01:16am CEToriginalThe used car dealer Auto Esa and the association SOVA also want to participate on the amendment. A certified warrant of attorney in car transfers, qualitative control of identifiers for STKs...
read moreDenny (AAA Auto): We want to maintain profitability in 2010, sales at last year's level and to open one to three car centres
April 2, 2010 | 12:37am CEToriginalReturn to Hungary and entry into Russia is not realistic this year. The considered new branches in the Czech Republic and Slovakia, and sales in Q1...
read moreUnions at Skoda Auto rejected another proposal for wage growth and increased one-time bonus
April 1, 2010 | 11:58pm CEToriginalThe existing collective agreement has been extended to April 12, 2010. Unions have already begun to prepare to take industrial action...
read moreKia Open Days/Spring Service Days: 10 favourable days at dealers with extended opening hours, including weekends
April 1, 2010 | 11:47pm CEToriginalAction models, discounts on stock cars, service inspections, discount on spare parts for models already not being produced...
read moreMore restrictive rules regulating fuel consumption and CO2 emissions to be valid in USA in 2012
April 1, 2010 | 11:39pm CEToriginalIt is thus the first regulation of car emissions at the federal level. New demands on the efficiency of cars...
read moreToyota Yaris Dream: Special model with extra equipment valued CZK 52,000 begins at CZK 229,900
April 1, 2010 | 11:27pm CEToriginalThe car can be bought on interest-free credit for a one year period, when the customer pays a monthly payment for insurance only...
read moreAssociation of towing services: New system with accident centre slows down liquidation of accidents on roads
April 1, 2010 | 11:10pm CEToriginalThe Czech Insurers' Bureau wants to extend it to highways. An accident centre of apparently has no basis in law...
read moreHonda to help owners of individually imported cars from USA by verifying if they are in recall action
April 1, 2010 | 11:00pm CEToriginalThat offer came with the latest corrective campaign concerning models Odyssey and Element produced in 2007 and 2008...
read moreFord to extend cooperation with Microsoft by jointly addressing electric cars’ recharging in households
April 1, 2010 | 05:00am CEToriginalThe application Microsoft Hohm for electricity consumption management, five electric cars by 2013, the first of them, Transit Connect Electric on the market from...
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