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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
Czech car market declined by more than 20% last year
January 25, 2010 | 01:59am CEToriginalThe interest decreased mainly regarding the used cars, both from abroad and local used car centres as well as from Czech owners...
read moreNews in sales to individuals, companies, and within used cars to move up Peugeot by three places by 2015
January 22, 2010 | 01:17am CEToriginalFourteen new models are to help by 2012, hybrids and electric vehicles, used car brand Label, rental of products and accessories, and other services...
read moreSkoda Auto management reinforced by Karlheinz Hell, as board member to be responsible for purchasing
January 22, 2010 | 12:58am CEToriginalHell is responsible for purchasing coordination of Skoda Auto as well as of the Volkswagen Group in Central Europe. Post of board member for Production and Logistics...
read moreUsed car sales in Auto-plus program fell by 5.6% in 2009
January 22, 2010 | 12:30am CEToriginalSales of VW passenger cars and commercial vehicles and Audi cars increased. On the contrary, sales of cars Seat, Skoda and other brands have fallen...
read moreOpel to close factory in Antwerp in June, Astra production to possibly move to Bochum
January 21, 2010 | 11:43pm CEToriginalOverall, Opel is about to cancel 8,300 jobs in Europe, including 4,000 in Germany. This year, the European car market is going to fall according to the Opel head by...
read morePSA Peugeot Citroen not dismissing in Slovak plant in Trnava until 2011
January 21, 2010 | 11:19pm CEToriginalThe company has been agreed with the unions. Moreover, wage of more than 3,000 employees might increase from January...
read moreMAN intends to increase production capacities in Brazil by 45%
January 21, 2010 | 10:56pm CEToriginalThe investment will create 700 new jobs. In 2008, MAN had a share on the Brazilian market for truck over 5 tons...
read moreVolkswagen to possibly enter China with Seat brand, cars to be produced at newly built factory
January 21, 2010 | 02:21am CEToriginalIt would be therefore a fifth Volkswagen’s factory in China. Production capacity of the new plant...
read moreAutocentrum Duba intends to further expand, founder’s share in company sold
January 21, 2010 | 02:03am CEToriginalThe aim of this transaction is to strengthen the company and prepare it for further expansion in sales and cars servicing. Furthermore, the company has strengthened even regarding the management...
read moreMazda allowed its dealers in Czech Rep access to JATO Carspecs4 application
January 21, 2010 | 01:45am CEToriginalIt offers a comparison of different vehicles sold, including special offers. It can be used by dealers at car showrooms, owners of dealerships...
read moreINSURANCE BUSINESS CZ & SK 2009: CNB: Trend of increase in number of insurance entities from EU/EEA continues
January 21, 2010 | 01:35am CEToriginalThese are mainly entities operating on the non-life insurance market. Their current number...
read moreSkoda Auto increased sales in 2009 thanks to China and Western Europe, sales excluding China fell by 8.7%
January 21, 2010 | 01:25am CEToriginalOctavia, Fabia and Superb recorded rise, sales of Roomster and Octavia Tour decreased. New models Yeti and Superb Combi...
read moreGeneral Motors reportedly to close Opel plant in Antwerp
January 21, 2010 | 01:13am CEToriginalThe information was reportedly brought by a new Opel CEO Nick Reilly as he told the management of the plant. Therefore, 2,300 people would lose their jobs there...
read moreRussian billionaire Mikhail Prochorov wants to produce affordable electric cars
January 21, 2010 | 12:59am CEToriginalFor his intention he has already gained prime minister Vladimir Putin. Prochorov wants to produce a lower middle-class sedan built on a plastic skeleton with a price...
read morePorsche Panamera in Czech Rep: Sales plan excess, winner of contest Car of the Year 2010 in its category
January 21, 2010 | 12:50am CEToriginalIn four months of 2009, Porsche Inter Auto sold 56 Panamera cars and this year expecting to sell...
read moreWTO began to investigate US duties on Chinese tires
January 21, 2010 | 12:10am CEToriginalThe US refers to an agreement, which allowed the entry of China into the WTO in 2001. China highlights the decline in tire export to the US and...
read moreTop-Pojisteni.cz increased number of mediated contracts in 2009, including car insurance
January 20, 2010 | 03:32am CEToriginalThe most successful was the damage liability and travel insurance, car accident insurance keeps growing. Specific data of 2008 and 2009...
read moreKia Motors Slovakia: Hyundai ix35 to increase overall production by 40% in Zilina in 2010
January 20, 2010 | 12:16am CEToriginalProduction of the Kia cee'd and the Kia Sportage will be at the 2009 level this year. Planned production of the Hyundai ix35 and a second engine plant...
read moreLiquidation of carmaker Saab has not begun yet, completion of talks on its sale pending
January 19, 2010 | 11:52pm CEToriginalAlthough liquidators are already present at the carmaker, production continues. Employees of Saab are to continue in production at least until...
read moreGeely wants to export two thirds of production by 2015, to Western Europe this year maybe
January 19, 2010 | 11:25pm CEToriginalSales of the Chinese carmaker rose by 59% last year; this year the company plans on further growth of sales to...
read moreMazda and Ford to reportedly cancel joint venture in China, carmakers denied that
January 19, 2010 | 11:12pm CEToriginalMazda, Ford and Chinese company Changan Automobile allegedly agreed to divide their tripartite company in two...
read moreGhosn: Production of Renault Clio IV in Flins to be equal to sales on French market
January 19, 2010 | 11:00pm CEToriginalThe French government is willing to have more influence in Renault, and will have its representative in the carmaker’s strategic committee for the automobile industrial policy...
read moreTrade unions in Fiat plan to call strike on February 3 due to closure of factory in Sicily
January 19, 2010 | 10:36pm CEToriginalProduction of Fiat in Italy fell to 650,000 cars last year and the carmaker wants to produce 900,000 cars in the country this year. Unions ask for more...
read moreCebia increases number of service records in system Autotracer, offering cooperation to other companies
January 19, 2010 | 02:34am CEToriginalCebia Report has been already given to customers at Esa Auto, AAA Auto, Skoda Plus and auto-plus dealers. Cebia is now negotiating with...
read moreLotus Cars to significantly increase production of Lotus and Tesla cars in Hethel this year
January 19, 2010 | 02:20am CEToriginalIt is because of the new model Lotus Evora, as well as the electric Tesla Roadster. Specific information on the production and orders process...
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