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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
Car Importers Association wants government concept of transport development in Czech Rep
January 19, 2010 | 02:08am CEToriginalSDA calls on the government to somehow support the fleet renewal. Considering car drives, the nearest future is in...
read moreSixt car rental expanded its fleet by 103 cars Seat in Czech Rep
January 19, 2010 | 01:56am CEToriginalOriginally, there were 80 cars Ibiza and Leon, at the end of 2009 23 cars Exeo sedan and station wagon were added...
read moreTop-Pojisteni.cz: Mandatory liability to be more expensive by 8 to 10% in spring 2010
January 19, 2010 | 01:45am CEToriginalA bonus of at least 50% for course without damages can be achieved at all insurers in 2010. A novelty of 2009 is copying of bonus for more cars in the family...
read moreOpel plans to expand outside Europe, probably in Asia first
January 19, 2010 | 12:55am CEToriginalParent company General Motors has reportedly obstructed Opel from entering some of the key automotive markets such as...
read moreAvizo.cz: Used cars cheaper by 33% in Czech Rep in H2 2009, three best-selling models by 25%
January 19, 2010 | 12:34am CEToriginalPrice of the Kia Cee'd fell the most—by up to CZK 133,000 (-36%) on average. Out of the 10 best-selling cars only the Skoda Superb went up...
read moreHyundai Kia Automotive Group to increase investment by 12% this year and take 6,000 new employees
January 19, 2010 | 12:00am CEToriginalTotal of EUR 6.5 billion will go to research and development and production facilities. The group will primarily strengthen research and development...
read moreMarchionne: Carmakers in Europe should approach reduction of production capacities after US
January 18, 2010 | 11:44pm CEToriginalWorld carmakers are able to produce 94 million passenger cars and commercial vehicles a year, but can sell only...
read moreChina became largest car market in world last year
January 18, 2010 | 11:27pm CEToriginalSales of all vehicles have increased by 46% to record 13.6 million here, the growth to be more moderate this year. In individual segments...
read moreSales of cars Mercedes-Benz and Smart down by 10.1% last year, up by 9.6% in December
January 18, 2010 | 11:18pm CEToriginalSales of the flagship brand Mercedes-Benz decreased by 9.7% in 2009, sales of small cars Smart by 13.2%. In 2010 Mercedes-Benz Cars expects...
read moreTesla Motors plan to double sales and service network in Europe in 2010
January 18, 2010 | 03:01am CEToriginalThe carmaker has produced 1,000 Roadster cars so far. Production plan for 2010, prepared representations in Europe, the second model Tesla Model S...
read moreSpyker and Genii Capital reputedly aim to submit joint bid for Saab, company’s head Muller denied it
January 18, 2010 | 02:42am CEToriginalBrand supporters across Europe have been protesting against the Saab’s liquidation on Sunday. Spyker Cars is now awaiting a response from GM on the current offer...
read moreClio IV case: Production to be divided between France and Turkey as the Clio III one, Renault electric cars to be manufactured at home
January 18, 2010 | 02:23am CEToriginalThe European Commission started to interfere; having concerns about the French government attempts to limit business freedom of carmakers...
read moreAston Martin Rapide: Production to begin in Austria soon, customer supplies from April
January 18, 2010 | 02:07am CEToriginalThe carmaker has set a price just for the UK and USA so far. Basic price in continental Europe and this year's production plan...
read moreBosch to close factory in Wales, moving production to Hungary
January 18, 2010 | 01:58am CEToriginalThere will be 900 people left unemployed in Miskin-based factory. The production moving as well as the plant’s closure will be under way gradually in...
read morePassenger car sales in Europe down by 1.6% last year, in December up by 16%
January 18, 2010 | 01:49am CEToriginalAccording to PwC, it might fall by 6.2% this year. The markets, which were not supported by the scrap bonus in 2009, should keep at last year's numbers...
read moreAAA Auto extended guarantees, providing all cars over CZK 100,000 with Cebia Report
January 18, 2010 | 01:23am CEToriginalThe company newly guarantees that the car was not flooded during the floods, but mainly the mileage...
read moreHead of German carmaker Opel, Hans Demant, resigned
January 18, 2010 | 12:49am CEToriginalOpel has also confirmed information about the temporary reduced working time in the German factories. Demant will be replaced by...
read moreFrench government aim to have greater influence on Renault management, considering raising its stake in carmaker
January 18, 2010 | 12:17am CEToriginalFrance as the largest Renault’s shareholder with a share of 15% is considering raising the share to...
read moreSales of Jaguar and Land Rover cars on Czech market to be managed by carmaker itself
January 15, 2010 | 05:09am CEToriginalJaguar Land Rover is yet another carmaker which has taken an importer’s licence in the Czech Republic over from a local partner. The composition of the dealer network...
read moreHead of Volkswagen Martin Winterkorn replaces Hans Dieter Potsch in supervisory board of Skoda Auto
January 15, 2010 | 04:47am CEToriginalPotsch resigned from this office at the end of 2009. Winterkorn will also be proposed for a function...
read moreProduction in Czech Hyundai plant running in full two-shift operation without overtime in January
January 15, 2010 | 04:33am CEToriginalThe collective agreement which is currently under negotiation is to solve mandating overtime. Unions will demand...
read moreSarkozy to talk to Renault’s management of production place of Clio IV
January 15, 2010 | 04:28am CEToriginalRenault is considering more possibilities of production of the upcoming generation of Clio. France as a shareholder requires placing the production in Flins...
read moreSales of PSA Peugeot Citroen fell by 2.2% last year
January 15, 2010 | 04:05am CEToriginalIn 2010, PSA expects signs of recovery in demand around the world except Europe, where...
read moreSweden still sees chance to rescue Saab, candidates keep dealing with GM
January 15, 2010 | 03:55am CEToriginalSpyker Cars submitted an improved offer last week; Genii Capital is working on it. Attractive offer might according to GM stop the Saab’s closure...
read moreSkoda Auto to move production of Octavia form Bratislava to Vrchlabi a month later
January 15, 2010 | 03:41am CEToriginalThe reason is launching the production of a small concern car in Volkswagen Slovakia a bit later. The production will be moved in...
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