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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
Alternative drives have not taken hold in fleets of companies yet
February 10, 2010 | 01:30am CEToriginalRegarding CNG, companies are waiting for more filling stations, and with electric vehicles there is a problem with batteries. However, the Toyota Prius hybrid, which is already used by companies, is gaining ground...
read moreAutosalon Klokocka initiated sale and service of Volkswagen cars in Barrandov, Prague 5
February 10, 2010 | 01:14am CEToriginalThe company has opened a Volkswagen showroom within the existing complex. Number of Volkswagen sales outlets in Prague has therefore spread to...
read moreCeska pojistovna to register car at transport inspectorate for free within car insurance conclusion
February 10, 2010 | 12:47am CEToriginalThe insurance company has started a pilot run in seven towns. CP will therefore save the new car owner’s time and money spent for this service, which costs...
read moreGM wants to invest EUR 11 billion in Opel by 2014, to introduce Opel in Asia
February 9, 2010 | 11:51pm CEToriginalHowever, restructuring will require EUR 3.3 billion, releasing 8,300 employees and closing factory in Antwerp. The local production will be moved to...
read moreChrysler to invest USD 550 million in Fiat 500 production in Mexico
February 9, 2010 | 11:40pm CEToriginalThis production will be intended for North and South America. New jobs, production start, annual production capacity...
read moreToyota resumed production of models which convens to service due to gas pedal in U.S. and Canada
February 9, 2010 | 11:20pm CEToriginalIn the Czech Republic, the failure of the gas pedal refers to 14,196 cars, mostly to the Yaris and the Auris. Services will carry out the repairs...
read moreEXPECTED DEVELOPMENT IN AUTOMOTIVE: Avia to enter other continents, to present green technologies
February 9, 2010 | 03:18am CEToriginalThe company will set up a representation in North and South America, North Africa and the Middle East, and is considering an assembly plant in Russia. CNG, electric and hybrid drive...
read moreSkoda Auto at time of crisis: To enter new markets, expand range of models, localize production abroad
February 9, 2010 | 02:56am CEToriginalThe carmaker is subsequently introducing the CKD manufacturing in all its foreign plants. However, there is a delay in Ukraine...
read moreDong Feng Motor entered Czech market with light commercial vehicles
February 9, 2010 | 02:07am CEToriginalThe DFM’s offer contains several models built on one chassis platform. The importer, dealer network, models, prices...
read moreProton Motor: After electric-hydrogen hybrid bus we will come at electric bus
February 9, 2010 | 01:53am CEToriginalNow the company is working on a prototype within which it deals with the problem of a large mass of batteries. It could be present the prototype in...
read moreSaab after completion of sale: 9-3 Sport-Hatch, 9-5X and 9-4X off-roads, consideration of 9-1
February 9, 2010 | 01:33am CEToriginalProduction capacity of plants in Sweden and Mexico, start of production of new generation 9-5 and new 9-4X, a possibility of sharing with Spyker...
read moreLum-Oris offering new Chinese car models expanded dealer network in Czech Rep
February 9, 2010 | 01:10am CEToriginalCurrent state of the dealer network, new partners, existing sale of the off-road model CEO and sales plan for 2010...
read moreSrovnavac.cz: Rates of compulsory liability of large and small insurance companies approaching thanks to number of discounts and bonuses
February 9, 2010 | 12:51am CEToriginalSeven options to achieve a cheaper third-party liability are already available. It extends to the census and copying of bonuses and car insurance on-line...
read moreVolkswagen wants to reduce CO2 emissions in production by 16% by 2016, Skoda Auto to contribute more
February 9, 2010 | 12:30am CEToriginalSkoda Auto and Sko-Energo will focus on the isolation of buildings, greater use of biomass and natural gas, photovoltaics has failed...
read moreAuto Duba to pay half of accident insurance contribution when servicing in garages from February
February 9, 2010 | 12:12am CEToriginalThe offer applies to contracts with the coinsurance of 5 and 10%. For cars older than five years, customers will receive a lower service rate by...
read moreBetter Place has acquired additional capital for construction of electric vehicles’ stations
February 8, 2010 | 11:40pm CEToriginalIt has gained confidence from companies such as HSBC, Morgan Stanley and Lazard. Apart from Israel and Denmark, other states may participate soon...
read moreEC approved loan guarantee for carmaker Saab
February 8, 2010 | 11:25pm CEToriginalA loan of EUR 400 million from the European Investment Bank forms a significant part of the sum needed for the development of Saab cars...
read moreSales of new passenger cars in Slovakia stagnated in January
February 8, 2010 | 11:11pm CEToriginalDemand for light commercial vehicles fell by 8%, for medium-sized trucks by more than 50% while demand for trucks went up by more than 20%. In January premium brands were well off...
read moreInsurance companies: Road accidents increased in Czech Rep in 2009, damage volume even more
February 8, 2010 | 10:56pm CEToriginalHowever, last year's number and volume of losses from the damage liability and accident insurance has been at individual insurance companies different...
read moreToyota to set up global committee for quality improvement due to defects, recall action for Prius to possibly announce on Tuesday
February 8, 2010 | 10:44pm CEToriginalThe convening should start in Japan; same measures should follow in the United States, Europe and other markets...
read moreKars/Avia Alma 2: Mid-sized bus to help increase production at Avia plant in Prague
February 8, 2010 | 01:38am CEToriginalIf the companies gain the huge contract to Algeria, the sales could increase even several times. Price of the midibus, production outlook, distribution in Europe, electric bus...
read moreMartin Motors extended number of Chinese brands offered in Czech Rep by Lifan
February 8, 2010 | 01:24am CEToriginalAll models have a combined petrol/LPG drive. Four passenger cars and commercial models, motorizations, prices and special offer for CEO off-road...
read moreTriHyBus = hydrogen cells + Li-ion batteries + recovery energy: Second prototype will soon come into operation in Czech Rep
February 8, 2010 | 12:54am CEToriginalSuppliers of technologies, operational parameters, price of the bus, hydrogen filling station in Neratovice for passenger cars as well...
read moreFord having problems with hybrids’ brakes besides Toyota
February 7, 2010 | 10:46pm CEToriginalIt is possibly related to the energy recovery during braking. Ford will solve the problem by software’s modification, Toyota has not decided yet. Models and the number of affected car...
read moreFiat still insists on car production closure in Sicily, employees protesting
February 7, 2010 | 10:23pm CEToriginalFiat workers have interrupted work due to the planned plant’s shutdown throughout Italy for four hours on Wednesday...
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