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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
CCS: Fuel prices continued to grow in Czech Rep last week, went up in Slovakia too
March 8, 2010 | 10:40pm CEToriginalPetrol Natural 95 became more expensive at the Czech petrol stations by 36 hellers, diesel by 26 hellers. This week, analysts expect...
read moreWittig: Volkswagen reckons with Skoda brand for all regions except U.S.
March 8, 2010 | 02:26am CEToriginalThe carmaker does not plan production of Skoda cars in Brazil. For the ASEAN region the carmaker counts on the VW and Skoda brands. Plans in the U.S., Russia, India, China…
read moreCEZ to build network of charging stations for electric cars in Czech Rep, hundreds of them by 2012
March 8, 2010 | 01:40am CEToriginalThe first station will be supplied by the company Rittal. In contrast to Better Place stations, however, they will not be able to replace batteries. Stations and system parameters...
read moreCorvette sports cars to be sold by selected Chevrolet dealers in Europe from 2011
March 8, 2010 | 01:12am CEToriginalThe carmaker GM has taken over imports of Cadillac and Hummer cars in Europe from the bankrupt Dutch company Kroymans...
read moreAuto Supra closed Skoda and Suzuki showroom in Krnov
March 8, 2010 | 12:58am CEToriginalThis independent retailer has also stopped selling Skoda cars and now operates only with the Suzuki brand in Ostrava...
read moreCitibank and insurance company Direct agreed to cooperate in Czech Rep
March 8, 2010 | 12:49am CEToriginalThe partnership will bring customers of both companies a number of advantages like cheaper car insurance or a discount on Shell fuels...
read morePeugeot: Electric cars to make up to 3% of European car market in 2015
March 8, 2010 | 12:14am CEToriginalPeugeot also aims to gain a significant part of the electric car market. Date of introduction of the electric car iOn on the market and the current number of orders...
read morePwC: Car sales in Czech Rep to reach 2008’s level in several years
March 7, 2010 | 11:46pm CEToriginalMulti-brand sales complex will be increasing, the segment of small cars and lower middle-class cars will further strengthen even with regards to…
read moreSkoFIN registered decrease of new contracts by 31.8% and volume of transactions by 39.6% in 2009
March 7, 2010 | 11:31pm CEToriginalHowever, the decline was less than the fall registered by the entire Czech market. Nevertheless, the company managed to significantly increase non-leasing financing…
read moreCourt proclaimed bankruptcy of Czech branch of Henniges Automotive
March 7, 2010 | 11:07pm CEToriginalThe company withdrew a draft of the reorganization plan from the court. Besides the plant in Ostrava, the fate of the second Czech plant in Pribor is also uncertain…
read moreIvacar extended portfolio of offered brands by Volkswagen
March 7, 2010 | 10:57pm CEToriginalThe long-time producer of bodies and Skoda dealer in Ivancice will specialize in Volkswagen commercial vehicles...
read moreAssistance service ACA began to run car rental
March 7, 2010 | 10:39pm CEToriginalThe car rental offers both short and long term rentals, rates are without the mileage limit. Offered passenger and commercial vehicles and rates...
read moreAvizo.cz: Economic crisis almost erased seasonal effects on used cars prices in Czech Rep
March 7, 2010 | 10:28pm CEToriginalHowever, it may not be applied to all models, as holidays and winter did not influence the price of a range of models. Most before and after the holidays and before the winter, the price of models moved...
read moreRenault Clio 20th Anniversary: Limited edition at 20th anniversary of production of small car
March 7, 2010 | 10:09pm CEToriginalThe equipment includes navigation, air conditioning, cruise control, CD/MP3 radio and smoked rear windows. Its price starts at...
read moreBMW and PSA have agreed to jointly develop four-cylinder petrol engines Euro 6
March 7, 2010 | 09:47pm CEToriginalBoth carmakers are exploring other possibilities of cooperation. Since 2006, the current four-cylinder engines 1.4 litre and 1.6 litre were assembled in...
read moreOpel 24 hours: Discounts up to CZK 200,000, roof rack for free, six-year warranty, winter tires within financing
March 5, 2010 | 03:55am CEToriginalThe sixth year of the campaign Opel 24 hours will be held from March 5 to March 6. A six-year warranty applies to all new cars with the exception of...
read moreRussian government intends to invest USD 6 billion in automotive industry by 2020
March 5, 2010 | 01:16am CEToriginalAt the same time, the government expects total investments of USD 60 billion in the sector. According to the government, the Russian car market will return to the pre-crisis level in...
read moreGENEVA: Fiat to express its opinion of possible automotive division separation in April
March 5, 2010 | 01:00am CEToriginalAutomobile division includes brands Fiat, Lancia and Alfa Romeo, then it should merge with Chrysler. A new business plan...
read moreCKP: Number of road accidents increased by 3% in Czech Rep in 2009
March 5, 2010 | 12:40am CEToriginalHowever, police investigated only 74,363 accidents, which is by 53% y/y less. Development in passenger cars, with damage to and over CZK 100,000, with an injury/death...
read moreGENEVA: Saab aims to return to earlier sales volumes in 2011
March 4, 2010 | 04:42am CEToriginalThis objective will be supported by a new versions of the model lines 9-3 and 9-5, as well as an all-new 9-4X model. Expected development of sales...
read morePSA Peugeot Citroen and Mitsubishi Motors cancelled capital alliance
March 4, 2010 | 04:25am CEToriginalHowever, the carmakers want to deepen cooperation, which now includes...
read moreKia convenes Venga cars manufactured in Czech Hyundai plant to service due to problems with belts
March 4, 2010 | 04:10am CEToriginalIn Europe, the event refers to 2,100 cars; 382 cars in the Czech Republic. Kia service centres will eliminate the problem by slight adjustment...
read moreSales of passenger cars and light commercial vehicles in Czech Rep fell by 7.3% in first two months
March 4, 2010 | 03:57am CEToriginalThe registrations of passenger cars have increased by 17.3%. The results are distorted by the last year's change in the VAT Act...
read moreNissan convening 540,000 cars for inspection worldwide, most of them in USA
March 4, 2010 | 03:47am CEToriginalThe first service action concerns the brake pedal embedding, the second one the indicator of the fuel tank status. The call relates to models...
read moreGENEVA: Fisker established dealer for Slovakia
March 3, 2010 | 02:44am CEToriginalFisker showrooms in Bratislava and Prague will be opened in 2011. A dealer on the Czech and Slovak markets will be...
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