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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
Egyptian state-owned company Trenco and its investors plan to build biggest tire plant in Middle East
January 11, 2010 | 09:52pm CEToriginalConstruction of the factory at the port of Alexandria should last two years. Annual production of tires for passenger cars might achieve...
read moreFord agreed to sell Volvo Car division to Chinese company Geely
January 11, 2010 | 08:56pm CEToriginalThe signing of a definitive agreement is expected in Q1 and the transaction completion in Q2 2010. Volvo would therefore break into the Chinese market more...
read moreMann+Hummel: Acoustic modules could solve problem with great quietness of electric cars and hybrids
January 11, 2010 | 07:55pm CEToriginalIt is also a simple means to increase the level of brand identification by the sound of the engine. The acoustic tube has found use in another Ford sports model...
read moreAuto Kora as first Ford dealer in Czech Rep installed revolutionary painting system Robodry from Symach
January 11, 2010 | 07:02pm CEToriginalThis allows a significant acceleration of car paint repair, and during the same day. Supplier and details about the technology...
read moreAVE decided to go on operational leasing in Czech Rep, LeasePlan to be provider
January 11, 2010 | 06:19pm CEToriginalThe company AVE has significantly increased its fleet in recent years. In the first phase LeasePlan will provide AVE CZ with 90 cars of brand...
read moreVolkswagen Passat CC in 2010: Decrease of list price + extension of standard equipment = CZK 72,000 in savings
January 11, 2010 | 05:42pm CEToriginalIn addition, BlueMotion version has been added and R-line packet has been discounted. In 2009, the Passat CC participated in sales of Passat model line by...
read moreHonda to possibly build new plant for passenger cars for EUR 150 million in China
January 11, 2010 | 04:30pm CEToriginalHonda's new plant should stand next to the existing joint plant of a Chinese carmaker Dongfeng Motor. Honda's production capacity in China would therefore increase by...
read moreKia in January: Special discounts, bonus in financing, free winter tires, action packet for Sportage
January 11, 2010 | 04:03pm CEToriginalFor the models Soul, Carens and Sportage, besides winter tires the customer also gets aluminium disks. Anniversary packet for the Sportage includes...
read moreQatar increased stake in Volkswagen to 17%, and to acquire chairs in supervisory boards of VW and Porsche
January 11, 2010 | 02:48pm CEToriginalVolkswagen also received from the European Commission an approval to take over the car dealer Mahag Group, which operates in...
read moreAudi offers equipment packets for A3, A4, A5, A6 and Q7 free of charge or at significant savings in January
January 11, 2010 | 01:48pm CEToriginalBoth comfort packet and S line sports packet are discounted. According to the model and motorisation more than CZK 100,000 can be saved...
read moreToyota Motor developed clear paint with ability of auto-recovery
January 11, 2010 | 12:52pm CEToriginalThe modernized model Lexus LS has been equipped with it as the first car. The carmaker also introduces water-soluble paints into all manufacturing plants...
read moreSpyker submitted improved bid for Saab to GM, other two candidates in play allegedly
January 11, 2010 | 11:52am CEToriginalAnother offers were also probably submitted by two Swedish groups Genii Capital/Koenigsegg/Bernie Ecclestone and former boss of MAN Hakan Samuelsson...
read morePassenger car production in Czech Rep up by 3.2% to record 970,000 cars in 2009
January 11, 2010 | 03:43am CEToriginalIn the segment of trucks and buses, the production fell. Specific details of individual manufacturers...
read moreCzech Insurance Association launched new website
January 11, 2010 | 03:11am CEToriginalA novelty is "We Ask" section in which a site visitor finds the answers of experts from the insurance market. CAP is preparing...
read moreNissan in Q1: Discounts up to CZK 70,000 for models Qashqai, Micra, Note, X-Trail and Navara
January 11, 2010 | 02:50am CEToriginalNissan also offers discounts on utility models. Moreover, the carmaker is offering favourable accessories packets for models...
read moreGeneral Motors not hoping in Saab’s rescue, its activity ceasing continues
January 11, 2010 | 02:36am CEToriginalGM also plans to sell a automotive supplier Nexteer Automotive, which have been bought by the carmaker in October 2009 from a former subsidiary Delphi...
read moreCitroen in January: Adding action discounts, scrap bonus and bonus for use of financing
January 11, 2010 | 02:18am CEToriginalWithin the model lines C1, C3, C4 and the Berlingo, a discount of CZK 70,000 can thus be obtained to the action prices. Individual models can be bought from...
read moreAlready third Czech dealer received Volkswagen’s highest dealer award
January 11, 2010 | 02:10am CEToriginalDiamond pin was won by Jiří Polcr from the company Top Centrum car in Kyjov. Joining the Josef Fojtik (Auto Jarov) and John Heller (Heller Auto)...
read moreHyundai offers free winter tires and air conditioning for models i10, i20, i30 in January and February
January 11, 2010 | 01:54am CEToriginalThis represents a customer benefit of up to CZK 29,900. The cheapest Hyundai with a 5-year warranty regardless the mileage may now be acquired from...
read moreSeat in Q1: Special discounts up to CZK 175,000, Exeo with 3-year guarantee, 25% discount on Seat Individual program
January 11, 2010 | 01:18am CEToriginalThe special offers apply to the models Ibiza, Leon, Altea, Exeo and Alhambra. Some versions newly include equipment packets free of charge or discounted...
read moreCourt approved plan to restructure South Korean carmaker SsangYong
January 8, 2010 | 06:04pm CEToriginalSAIC’s share in SsangYong is to be reduced within the plan from the current 51.33%. SsangYong would like to return to profit by the year...
read moreVolkswagen reportedly to provide bid for truck manufacturer MAN
January 8, 2010 | 05:43pm CEToriginalVolkswagen now owns almost a 30% share in MAN. Volkswagen has an opportunity until mid-2010 to take control of MAN, as...
read moreProduction of passenger cars in Britain in November up for first time in more than year
January 8, 2010 | 05:23pm CEToriginalSpecifically, the production went up by 15.7% when the last production increased in September 2008. The growth was contributed government program of scrap bonuses, but also...
read moreAvon Automotive in Rudnik partly restored production
January 8, 2010 | 04:55pm CEToriginalEven competitive companies are being involved, having mutual customers with Avon. Half of 380 employees is still at home, all should go to work in...
read moreSales of new passenger cars and LCVs in Czech Rep down by 11.1% to 181,086 in 2009
January 7, 2010 | 11:45pm CEToriginalCarmakers expect approximately the same sales for 2010 as the 2009. The sequence of brands and models, the share of segments and motorizations, the situation of trucks and buses…
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