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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
EXPECTED DEVELOPMENT IN AUTOMOTIVE: Crisis did not reduce chance of becoming new supplier of carmaker
February 17, 2010 | 03:39am CEToriginalThe current situation in plants of Volkswagen Group, Volkswagen Slovakia, Kia Motors Slovakia, TPCA...
read moreToyota Motor plans aggressive sales incentives in USA in March
February 17, 2010 | 03:28am CEToriginalIts sale dropped by 16% in January and was the lowest over more than 10 years. A survey of Kelley Blue Book does not help the situation…
read moreCar sales in EU increased by 12.9% in January, by 13% in Europe
February 17, 2010 | 03:19am CEToriginalSales rose by 15.7% in Western Europe, while in Eastern Europe, it fell by 23.5%. For the whole 2010, ACEA expects...
read moreFormer head of GM Europe Carl-Peter Forster became new CEO of Tata Motors
February 17, 2010 | 02:54am CEToriginalAccording to the prior information, he was to become head of the division of Jaguar Land Rover only. Forster's predecessor...
read moreVolkswagen to extend guarantee of jobs in West Germany until 2014
February 17, 2010 | 01:09am CEToriginalSimilar arrangements were applied by Daimler or BMW. Unions, in turn, agree to freezing wages, longer working hours or other concessions...
read moreProblems with acceleration of Toyota cars in USA maybe resulted in up to 34 deaths the USA
February 17, 2010 | 12:56am CEToriginalJapan is worried that problems of Toyota with safety of its cars could worsen relations with the U.S. Head of the carmaker Akio Toyoda...
read moreSkoda cars production to fall again in Czech Rep this year, carmaker expects sales increase by 40% in China
February 16, 2010 | 03:16am CEToriginalGlobal and domestic production of Skoda cars in 2009, estimated production of individual models in 2010...
read moreJosef Bozek Research Centre: Efficiency of two TDI engines with cylinders’ shutting down being near to H2 fuel cell
February 16, 2010 | 02:53am CEToriginalThe effectiveness of the hydrogen combustion engine is comparable to the diesel engine. Detailed results of the analysis...
read moreCzech producer of retro roadsters Gordon obtained investor who will provide increased sales and new production
February 16, 2010 | 02:39am CEToriginalNew Slovak plant, production of golf electric cars, existing and planned production, development of electric car Gordon...
read moreThird generation of Skoda Octavia to reputedly enter market in 2013
February 16, 2010 | 02:28am CEToriginalSo far, it has been expected in 2011 or 2012. Octavia III is going to get a start-stop system, it is said that the hybrid version is not taken into account...
read moreRenault: From internal combustion engine directly to electric vehicles, no hybrids
February 16, 2010 | 02:12am CEToriginalSuccess of Renault electric cars on the market will be supported Better Place from 2011. Cars with LPG, CNG drives and electric vehicles in the Czech Republic...
read moreVolkswagen increased sales by 41.3% in January, subsidiary Skoda Auto by 54.5%
February 16, 2010 | 01:52am CEToriginalThe cause of the boom is low comparative base. Sales of Skoda cars in China rose many times though...
read moreTatra recorded decline in sales by 45% in 2009, fall in volume of contracts stopped
February 16, 2010 | 01:30am CEToriginalThe company has recently been left by crisis manager Vladimir Bail. Tatra continues in economy measures but develops new products and sees revival in...
read moreAuto Duba joined loyalty program of Shell petrol stations’ network
February 16, 2010 | 01:11am CEToriginalWhen using the services of the garage in the value of CZK 10,000, the customer receives 1,000 points, equivalent to...
read moreESI Global Forum 2010: First year of conference focused on development of prototypes to be held in Munich in May
February 16, 2010 | 12:50am CEToriginalThere will be over 80 case studies presented at the event; the latest news will be presented by...
read moreACA began offering e-fleet management Motion Control to general public
February 16, 2010 | 12:26am CEToriginalAfter completion of the test period, the company aims to offer the service even to non-clients this year. Service benefits, savings options, price...
read moreSAP has prepared project AutoAdapt, ministry not willing to grant it
February 16, 2010 | 12:09am CEToriginalThis project focused on the increase of workers’ adaptability in the automotive industry is a follow-up to IQ Auto and IQ Industry. Budget, partners and project’s details...
read moreU.S. Army confirmed company Oshkosh contract for trucks worth USD 3 billion
February 15, 2010 | 11:46pm CEToriginalBAE Systems and Navistar asked for revaluation of the contract. This decision could save the United States Army...
read moreVisit rate of Auto Esa website up by 20% q/q in February
February 15, 2010 | 11:22pm CEToriginalThe reason for a growing number of visitors of the web-site is currently frosty weather but also the overall growth of the Internet as a sales channel...
read moreFuture of internal combustion engines: Downsizing, more turbochargers, cylinders’ shutting-down
February 15, 2010 | 01:06am CEToriginalAfter Daimler, Chrysler and GM, the cylinders’ shutdown system is coming also to BMW cars, Audi is working on it. Cylinders’ shutting down in hybrids...
read moreEXPECTED DEVELOPMENT IN AUTOMOTIVE: Jahn: New production and progress of R&D not to be in Czech Rep without euro
February 14, 2010 | 11:57pm CEToriginalHowever, due to the budget deficit, the introduction of the euro is being postponed from previously contemplated years 2012 and 2013 to...
read moreEIB to provide carmaker Saab with loan of EUR 400 million
February 14, 2010 | 11:11pm CEToriginalThe loan has been guaranteed by the Swedish government on condition that Saab will use it for the development of eco-friendly models...
read moreSkoda Auto entered into Hong Kong, Brazil and Taiwan, being on 106 markets
February 12, 2010 | 03:16am CEToriginalIn the interest of the Czech carmaker there are also other countries such as Vietnam, Iran and Angola. In cooperation with Volkswagen it is considering production/assembly in...
read moreHenniges Automotive to close one of two plants in Czech Rep
February 12, 2010 | 12:43am CEToriginalThe company has failed to find an investor, 350 people will lose their job in Ostrava. The reasons are financial problems and loss of significant client...
read moreMatula (CLFA): Financing of used vehicles to grow in 2010
February 12, 2010 | 12:34am CEToriginalCompanies will resort to financing with short-term liability. Leasing companies in cooperation with suppliers of equipment...
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