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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
Callparts expands number of brands in Czech Rep for which it provides disposal of car wrecks
February 5, 2010 | 01:06am CEToriginalCurrently, the company represents the brands of Volkswagen Group, BMW Group and Porsche, is seeking others. Numbers of processed car wrecks...
read moreSkoda Auto see great potential in North Africa, including Egypt
February 5, 2010 | 12:56am CEToriginalIt will introduce its flagship Superb on the Egyptian market, it will be the carmaker’s fourth model there. Last year, Skoda Auto sold in Egypt...
read moreToyota reportedly plans to recall about 270.000 Prius cars due to problems with brakes
February 5, 2010 | 12:37am CEToriginalThe carmaker has solved the problem and the cars supplied now should have ABS in order. Production of Prius hybrids...
read moreCLFA: Many companies in Czech Rep not aware of accelerated depreciations’ option
February 5, 2010 | 12:24am CEToriginalAt present, it is a border period for a decision to purchase new vehicles since the waiting time is four months or more. Financial leasing has become more favourable than...
read moreAAA Auto: Demand for cars with diesel engines grows, their share in sales rose by 6 percentage points
February 4, 2010 | 11:55pm CEToriginalThe company is increasing redemption prices of diesel motorizations in response to that. The highest demand is for diesel models...
read moreCAP: Insurance companies investigated fewer cases in 2009, revealed frauds for more money
February 4, 2010 | 11:46pm CEToriginalSaved value was increased by 9.1% in 2009 together with a downturn in investigated claims by 6.5%. In insurance of motor vehicles...
read moreNissan newly offers models Micra and Note in special equipping version I-Way in Czech Rep
February 4, 2010 | 11:27pm CEToriginalIt got new equipping features such as air conditioning, integrated navigation, alloy wheels and active headrests. Prices...
read moreToyota to give dealers up to USD 75,000 in USA in order to keep customers
February 4, 2010 | 11:14pm CEToriginalBy this step, the carmaker aims to thank dealers for the efforts made within the forced pedals repair, but also...
read moreHonda Motor increased net profit 6.5 times in Q4
February 4, 2010 | 11:03pm CEToriginalRevenues fell by 11.5% with a decline in sales of only 2.8%. Financial and sales outlook for the full fiscal year...
read moreDecision on exclusive Lotus dealer for Czech Rep postponing
February 3, 2010 | 11:01pm CEToriginalThe reason is an appointment of new CEO of Lotus Cars, who is re-evaluating the activities on the new dealerships...
read moreSkoda Auto to change boss, Reinhard Jung to be possibly replaced by head of Volkswagen in China Winfried Vahland
February 3, 2010 | 08:41pm CEToriginalVahland has already worked in the carmaker, namely as a CFO. Successor of Vahland in China and further destiny of Jung...
read moreSales of Volkswagen Group in Czech Rep fell by 2.6% in 2009, registrations by 12.9%
February 3, 2010 | 08:20pm CEToriginalThe reasons for this difference, sales and registration of individual brands and outlook of Import Volkswagen Group general manager Rudolf Javurek...
read moreSales of vehicles under 3.5 t fell by 7% in Czech Rep in January
February 3, 2010 | 07:57pm CEToriginalPurchases of companies made up 61.5% of all vehicles sold (37% in January 2009). Prevalence of company cars was reflected in the share of business segments...
read moreToyota received complaints about brakes in Prius hybrids in US and Japan
February 3, 2010 | 07:41pm CEToriginalDrivers complain of insufficient braking when riding rough and icy roads. In Europe, no problems with the brakes have been reported...
read moreFiat insists on car production termination in Sicily, workers has entered into strike today
February 3, 2010 | 07:28pm CEToriginalHowever, the carmaker considers a rebuilding of the factory for components production, and moving Panda model’s production from Poland to Italy or plant’s sale...
read moreHome Credit: People in Czech Rep economize more, restore to used car in renewal more often
February 3, 2010 | 07:15pm CEToriginalCzechs remain faithful to traditional brands and care for the safety, practicality and running costs more. Outlook for 2010...
read moreVolkswagen aim to sell 10 million cars a year by 2018
February 3, 2010 | 07:10pm CEToriginalLast year, the carmaker sold 6.29 million vehicles. Volkswagen's medium-term target is to improve profitability, as well as to increase the operating margin of its automotive activities to...
read moreCar sales in US up by 6% in January, restored purchases of rentals helped
February 3, 2010 | 06:53pm CEToriginalThe end of January was marked by problems with pedals of Toyota cars. Results of individual brands...
read moreSkoda Auto has met recycling quotas in recent years, Callparts increasing number of premises in Czech Rep
February 3, 2010 | 06:36pm CEToriginalThe original owners are handing for recycling in the collecting network mostly car wrecks of Skoda 105/120, Favorit and often also Felicia cars...
read moreAuto Jarov increased Audi car sales by 11.2% last year with decline in brand sales in Czech Rep
February 3, 2010 | 01:50am CEToriginalAuto Jarov has thus reportedly become the most succesful Audi dealership on the Czech market. The company has extended its service shop for Audi brand as well...
read moreHyundai has extended partnership with Business Lease for another two years
February 3, 2010 | 01:33am CEToriginalIt is a further strengthening of the fleet sales in Europe, following the recently concluded contract with ALD Automotive. Cooperation with Business Lease includes countries...
read morePeter Zemlicka left Toyota Motor Czech
February 3, 2010 | 01:06am CEToriginalHis departure implied many personnel changes in the Czech and Slovak representation of Lexus. Specific changes and Zemlicka’s new place of work...
read moreTick Tack: Audi A6 limousines from Auto Jarov on financial leasing from SkoFIN
February 3, 2010 | 12:37am CEToriginalThe franchise project of taxi service in Prague wants to move from tens to hundreds of cars, does not signs up drivers from the competitors...
read moreToyota could aggravate outlook for sales this year due to problems with pedals
February 2, 2010 | 11:58pm CEToriginalRepairs of the accelerator will begin in the U.S. this week and in Europe next week. These issues could cost the carmaker...
read moreNew head of Allianz in Czech Rep will be current head of Ceska podnikatelska pojistovna Jakub Strnad
February 2, 2010 | 11:45pm CEToriginalStrnad will replace Miroslav Tacl, who left the office at the end of 2009 at Allianz. Successor of Strnad in CPP...
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