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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
CarGarantie expands in Europe, to enter other four countries in 2010
March 18, 2010 | 02:08am CEToriginalThe growth in existing markets keeps going on. Since 2007, to the brands Opel, Chevrolet and Renault in the Czech Republic and Slovakia were added co-operations with importers...
read moreChevrolet expects slight sales decrease in Czech Rep in 2010
March 18, 2010 | 01:46am CEToriginalIn 2009, the brand’s sales on the Czech market grew by 6% and its market share increased by 0.5 percentage points. This year’s sales will be supported...
read moreIHS Global Insight: Passenger car market in Czech Rep to slightly grow in 2010, in Slovakia to fall below 2008’s level
March 18, 2010 | 01:28am CEToriginalThe sale in Hungary should slightly increase, but it will still be around the mid-2008 level. In Germany...
read moreGeely and Ford aim to sign agreement on Volvo Car sale still in March, Chinese press talking about problems
March 18, 2010 | 12:57am CEToriginalBesides USD 2 billion for Volvo, Geely would reputedly have to pay extra USD 1.4 billion to finance the development and marketing of cars...
read moreBoth Czech plants of Henniges Automotive are for sale
March 18, 2010 | 12:42am CEToriginalThe sale priorities are the production’s preservation and the price. A quick action of possibly interested parties will be also crucial...
read moreGrayling to be Jaguar and Land Rover media representative in Czech Rep
March 18, 2010 | 12:27am CEToriginalThe official internet presentations of both brands will be run on Jaguar.cz and Landrover.cz in May...
read moreNissan reputedly considering participation in possible Renault-Daimler alliance
March 17, 2010 | 11:43pm CEToriginalNissan is now paying great attention to electric cars and an alliance with Daimler would according to analysts enable the company to provide a permanent consumer...
read moreFurther advance in Toyota case: Owners in USA aim to return cars and get money back, not only compensation for car price loss
March 17, 2010 | 11:27pm CEToriginalAccording to lawyers, they could have a claim to it. A group of Toyota owners has filed an action in this matter...
read moreSaar Gummi to expand production in Czech Rep, company acquired new contracts
March 17, 2010 | 03:27am CEToriginalThe company will either build a new hall or resort to renting. Saar Gummi Czech is also seeking for machinery of the bankrupt company Henniges Automotive…
read moreBrano Group won contract from Lear for supply of locks for Renault Kangoo
March 17, 2010 | 03:14am CEToriginalTherefore, Brano Group will replace the company MGI Coutier. The first deliveries for Renault cars are concerned. Production in the Czech Republic, contract length, annual production...
read moreDaimler and Renault reportedly negotiate on stock links and alliance
March 17, 2010 | 03:00am CEToriginalBoth carmakers would exchange shares up to 10%. It is supposed to more deep than announced cooperation in the field of small cars. History of alliances of the two carmakers...
read moreJaroslav Besperat promoted to post of CEO in Ceska podnikatelska pojistovna
March 17, 2010 | 02:47am CEToriginalHe has taken over the office from Jakub Strnad, who became the head of Allianz insurance company in the Czech Republic in February...
read moreFight for CO2 emissions in vans starts in EU, their price could significantly rise
March 17, 2010 | 02:35am CEToriginalAssociation of carmakers ACEA does not like the time schedule, which would force the carmakers to a faster and more expensive development of new engines...
read mores Autoleasing offers free accommodation to each lease or credit agreement from March
March 17, 2010 | 12:27am CEToriginalThe client receives a travel card which entitles him/her to free accommodation in European hotels for the duration of the contract...
read moreSales of passenger cars in EU rose by 3% in February, even more in Czech Rep and Slovakia
March 17, 2010 | 12:17am CEToriginalOn the contrary, in Germany, the sales plummeted by almost 30%. Sales of Volkswagen and Skoda Auto fell by less than 10% in February...
read moreCarGarantie filled post of head for Europe, Hugues Chatelain has been appointed
March 17, 2010 | 12:10am CEToriginalHe has previously worked for Renault Austria as a head of customer services. The re-establishment of this function is related to...
read moreRenault and Dacia holding spring service event for CZK 299 until end of April
March 16, 2010 | 11:58pm CEToriginalEach Dacia owner is going to receive a present in the form of a pollen filter, including its free installation. During the event, selected spare parts and accessories are discounted...
read moreHonda convening 412,000 cars due to brake repair in USA
March 16, 2010 | 11:46pm CEToriginalThe affected vehicles may have supple brakes; the problem is caused by ESP. Corrective action relates to models...
read moreAuto Esa: We refuse most vehicles during purchase due to handling with speedometer
March 16, 2010 | 11:23pm CEToriginalThat is followed by financial burden of the car and a different year of production. Auto Esa thus refuses to redeem every fifth car...
read moreToyota Motor reportedly to start production of Prius hybrid in third plant in Japan starting in September
March 16, 2010 | 11:01pm CEToriginalThe carmaker has lowered production of the Prius by 10% since March and denied the information about the expansion of production…
read moreAssociation to promote electric car established in Japan
March 16, 2010 | 10:40pm CEToriginalIt consists of of about 160 companies and government organizations, including the carmakers Toyota, Nissan, Mitsubishi and Subaru and energy companies...
read moreBest of British Cars became new Jaguar and Land Rover dealer in Ostrava
March 16, 2010 | 04:01am CEToriginalBest of British Cars is now operating in Ostrava - Vitkovice, at the end of May, it will open a second Jaguar and Land Rover showroom in Ostrava...
read moreCredium acquired seventh brand to brand financing portfolio
March 16, 2010 | 03:08am CEToriginalThe existing co-operations relate to both retail and wholesale financing in the Czech Republic and Slovakia. The company is holding talks about another two...
read moreAfter real estates and subsidiaries, whole Tatra to be possibly pledged to banks
March 16, 2010 | 01:48am CEToriginalThis increased liability of banks for provided loans will be approved by the General Meeting at the end of March. Debts and the results of 2009...
read moreAuto-Staiger streamlines activities in Prague, closing Opel and Chevrolet showroomn in Konevova Street
March 16, 2010 | 01:34am CEToriginalThe company is therefore operating on a single place in Prague at the moment, namely in bigger premises in the Cernokostelecka Street...
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