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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
Employees of Grammer in Most declared strike emergency
January 7, 2010 | 11:23pm CEToriginalThey object against new salary allotments through which they will lose CZK 3,000 to 5,000 monthly. Last year the wage of production workers was…
read moreVitkovice Machinery Group started developing CNG engines
January 7, 2010 | 10:40pm CEToriginalThose will be aggregates for passenger cars, trucks and buses as well. Besides the Czech Republic, the network of CNG filling stations will be developed in…
read moreCar sales in Germany up by 23% in 2009, down by 5% in December
January 7, 2010 | 10:16pm CEToriginalA marked decline in demand is expected for 2010 while VDA is more optimistic than VDIK. Car production and export…
read moreSkoda Auto lowered price of Fabia under CZK 200,000 in Czech Rep
January 7, 2010 | 09:47pm CEToriginalIt is a list price which is not bound to financing. The basic price has thus dropped by CZK 20,000 to…
read moreSales of Skoda Auto stagnated in 2009, sales of TPCA grew slightly, Hyundai in Nosovice distinctly under plan
January 7, 2010 | 09:24pm CEToriginalThe original plan of Hyundai’s Nosovice-based plant specified at the end of 2008 amounted 160,000 cars…
read moreVolkswagen increased sales by 19.1% in November, Skoda Auto by 26%
January 7, 2010 | 08:55pm CEToriginalOver 11 months, sales of Czech carmaker reached 625,677 cars. Volkswagen expects further growth in China in 2010 but a marked fall in Europe…
read moreKia provides 7-year/150,000 km warranty for all its models sold in Europe from January
January 7, 2010 | 01:14am CEToriginalThe carmaker has thus extended guarantee not only for its models produced in new plants in Slovakia and the Czech Republic. The warranty is transferable and covers an assistant service for three years…
read moreToyota plans to significantly reduce component costs, possibly affecting car design
January 7, 2010 | 12:41am CEToriginalThe Japanese carmaker reputedly asks its suppliers for price reduction by 30 to 40% in three years time, and it is also said that the carmaker aims to move to cheaper materials...
read moreIndependent dealer AutoNagy plans to obtain authorized BMW service in Chomutov
January 6, 2010 | 11:58pm CEToriginalCompany specializing in BMW and Land Rover cars has recently opened a new showroom in the Lipska Street...
read moreCommercial Vehicle Group moved cable harnesses production in Czech Rep
January 6, 2010 | 11:45pm CEToriginalSubsidiary PEKM Kabeltechnik has moved from Liberec to Straz nad Nisou. The reason for moving has been…
read moreFiat complains at UOHS due to Czech Post supply tender for CZK 300 million
January 6, 2010 | 11:25pm CEToriginalThe tender has been won by company A. Charouz supplying Ford Transit. Consortium of Fiat-Stratos Auto does not like the tender’s conditions - payload and references...
read moreKooperativa launched new cllient web
January 6, 2010 | 11:00pm CEToriginalNew internet presentation should increase the usage of on-line services and facilitate the work of insurance advisors. It was created by agency...
read moreInvelt opened showroom in Stodulky, Prague 5 as its third in Czech Rep
January 6, 2010 | 10:40pm CEToriginalThe company reopened complex of BMW, Mini and Alpina brands including a large service facility and the LifeStyle Shop in western suburbs of Prague…
read moreTUV Report 2010: Scrap bonus not resulted in increased security, people saving more for service
January 6, 2010 | 10:26pm CEToriginalA negative trend of increasing quota of defects found during technical inspections continues, the quota rose by 1 percentage point. Individual models...
read moreRenault negotiates on prospective partnerships, with carmaker Daimler among others
January 6, 2010 | 09:57pm CEToriginalRenault also wants to reduce costs within an alliance with Nissan. According to Renault, in 2010 European automobile market will go down by…
read moreMegatech to expand to Central and Eastern Europe, to buy Plastkov Group from Benson Oak
January 6, 2010 | 09:01pm CEToriginalThe group includes companies Plastkov MR, Plastkov Automotive and BTV plast. Megatech’s strategy covers also plans for acquisitions in other CEE countries…
read moreToyota to introduce first plug-in hybrid into market in 2011, Prius probably
January 6, 2010 | 08:03pm CEToriginalThe Prius is now offered as a full-hybrid without the possibility of charging from power line. The car’s price is expected to move under…
read moreAAA Auto changes financial head after half a year again
January 6, 2010 | 06:47pm CEToriginalThis post will be filled with CEO´s representative Jiri Trnka. He will replace Jan Barak in the position, who…
read moreAvon Automotive shut down production in Rudnik due to blast investigation
January 6, 2010 | 05:48pm CEToriginalThe company with about 380 employees will inform separate customers on resuming the production individually…
read moreAuto Esa offers valuable gifts for buying car in cash in January
January 6, 2010 | 05:17pm CEToriginalHowever, the various allowances, gifts and bonuses have applied to buying a car through financing so far. Other special offers also continue in Auto Esa…
read moreScrap bonus in EU has increased interest in small cars and reduced diesel cars share
January 6, 2010 | 04:37pm CEToriginalThe move from diesel engines is evident for example in Germany, where their share fell from 45% to...
read moreVolkswagen plans changes in system of remuneration in management
January 6, 2010 | 03:45pm CEToriginalThe company will introduce long-term bonuses this year which will be related to satisfaction of both customers and employees, to meeting planned sales and…
read moreUS Supreme Court ordered to dismiss appeal in Chrysler case
January 6, 2010 | 02:58pm CEToriginalThe Supreme Court of the United States declined to hear a challenge of pension funds of the State of Indiana and other opponents to block the sale in June already…
read moreGM not to move European head office from Switzerland to Germany
January 6, 2010 | 01:59pm CEToriginalThe old headquarters will cease to exist in its current way. Therefore, GM Europe does not intend to get back to its original organization. The decentralization has already taken effect in…
read moreVolkswagen stopped offering retro model New Beetle in Czech Rep, waiting for successor
January 6, 2010 | 01:50am CEToriginalThe smallest model Fox is also not available in the Czech Republic. However, both cars can be bought in Slovakia and Germany. The new generation of the New Beetle will arrive in…
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Auto UH Group (Fiat, Fiat Professional, Ford, Hyundai, Volkswagen, VW Commercial Vehicles...
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