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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
Honda presents service action for CZK 99 in Czech Rep
November 7, 2009 | 11:25am CEToriginalAt the same time, the carmaker has prepared discounts for spare parts and accessories. The assistance service Honda Assistance is then possible to acquire for any car regardless its age…
read moreCSOB Pojistovna tests transferring damage liability bonus to other family members
November 5, 2009 | 09:39pm CEToriginalThe insurance company will then evaluate the test procedure and eventually support it in marketing. Generally, the insurance company wants to focus on family…
read moreGoodyear Dunlop Tyres expands number of partners for purchasing parts for franchising network Premio
November 5, 2009 | 09:10pm CEToriginalIn the future the company wants to introduce a section of tuning, which has already been established well in Germany, in the Czech Republic. The cooperation regarding a purchase of parts starts with…
read moreSummer organizational and personnel changes in Toyota Motor Czech affected Lexus division as well
November 5, 2009 | 08:50pm CEToriginalThe changes affected the positions of marketing manager and Lexus dealer network in the Czech Republic and Slovakia. Particularly…
read moreAbout 2 million new tires sold in Czech Rep annually, 300,000 retreaded tires out of that
November 5, 2009 | 08:31pm CEToriginalThe Czech Republic though lags in re-using used tires when 85% tires are recycled in EU15 while in new EU member countries…
read moreHyundai to sign up 700 people for a second shift in Nosovice
November 5, 2009 | 07:58pm CEToriginalThe plant initiated production of model Kia Venga this week. The small MPV with start-stop system and a seven-year warranty will start being sold in the Czech Republic in…
read moreNissan offers a range of discounts for passenger and commercial vehicles in Czech Rep by end of year
November 5, 2009 | 04:45pm CEToriginalThe biggest discount is allowed for model Qashqai which is available along with financing from company Santander from CZK 349,900. More discounts…
read moreDaimler started building a new plant producing Mercedes-Benz A and B class cars in Hungary
November 5, 2009 | 04:10pm CEToriginalThe German carmaker will invest EUR 800 million there and hundreds of millions of Euros more in increasing production in German plant in…
read moreAfter Honda and BMW also Toyota to pull out of Formula 1
November 5, 2009 | 03:46pm CEToriginalAfter Toyota withdraws from the contest, only three carmakers will remain in F1—Ferrari, Mercedes-Benz and Renault. Another one to quit in Formula 1 is tire producer…
read moreSales of new passenger and light commercial vehicles in Czech Rep fell by 15.5 % in October
November 5, 2009 | 02:51pm CEToriginalFrom January to October, the registrations fell by 14% y/y. Considering the passenger cars only, there have been registered...
read moreVolkswagen offers Golf and Golf Plus with 0% interest in availing of lease or credit from SkoFIN
November 5, 2009 | 02:11pm CEToriginalThis special offer stands for savings of CZK 40,000 up to CZK 60,000. Further allowance is possible to acquire in purchasing action packets…
read moreCancellation of Opel sale angers Germany and Russia, pleases Britain though
November 5, 2009 | 12:37pm CEToriginalOpel’s German employees have announced plans for industrial actions. German government will call for GM to repay a bridging loan…
read moreGoodyear Dunlop Tires wants to open 200 Premio car service shops in Czech Rep, Slovakia and Hungary by 2012
November 4, 2009 | 10:05pm CEToriginalA part of them will fall in a new smaller concept Premio Expres. By three years there will be…
read morePneu Vranik increases production of retread tires in Slusovice, expands abroad
November 4, 2009 | 09:03pm CEToriginalThat refers to truck tires mainly but also to the unique winter tires Green Diamond with carbon silicide granules…
read morePeugeot 607 available with only one engine in Czech Rep
November 4, 2009 | 06:50pm CEToriginalThe motorization 2.2 HDI 16V has been removed from the offer. Therefore, only the version 2.7 HDI (150 kW) remains with its price reduced by CZK 100,000 to…
read moreSales of new cars in Germany up by 24% in October
November 4, 2009 | 12:51pm CEToriginalThe reason is a fading influence of scrap bonuses; money provided for it was spent on September 2. Over the first ten months the sales went up by…
read moreGeneral Motors not to sell German carmaker Opel
November 4, 2009 | 11:21am CEToriginalInstead of the sale GM plans to restructure Opel in the amount of approximately EUR 3 billion. The US company gave reasons for its decision…
read moreSubaru to sell about 1,000 cars in Czech Rep this year, awaiting a downturn by 10% in 2010
November 3, 2009 | 10:08pm CEToriginalSales of Subaru fell by 14% in Q1-3 the same way as the market did. Next year, sales of the all-new Legacy/Outback should reach…
read moreBritish labour unions agreed with Magna on keeping two local plants of Opel
November 3, 2009 | 09:44pm CEToriginalUp to 600 work places will be cancelled. In Spain discussions of Magna with labour unions went bankrupt though...
read moreSales of passenger cars in China up by 83.6% in September, by 41.9% in Q1-3
November 3, 2009 | 09:09pm CEToriginalSales of all cars reached 9.66 million in Q1-3. Particular producers or more precisely joint ventures of Chinese and foreign carmakers delivered...
read moreDomansky holds advantageous service Saturdays in Zdiby near Prague every two weeks
November 3, 2009 | 05:50pm CEToriginalThe advantageous rates apply to diagnosis and geometry, purchasing new tires and changing the old ones. Selected service acts are free of charge…
read moreCSOB Pojistovna: The highest risk of car accidents still in Prague, Northern Bohemia gaining on capital
November 3, 2009 | 05:07pm CEToriginalOn the other hand, drivers in Eastern Bohemia and Vysocina can feel the safest on roads on a long term basis. In separate regions…
read moreToyota RAV4 Active: New equipment level with price allowance of CZK 59,000
November 3, 2009 | 04:28pm CEToriginalRAV4 Active is available with two engines and two transmissions. The action offer is valid until the end of the year; prices of particular versions…
read moreStart-stop and energy recovery to get into three Skoda models in 2010
November 2, 2009 | 10:29pm CEToriginalFirst model with these systems will be Fabia facelift. Further on, the start-stop system and energy recovery will be included within eco-range GreenLine in models…
read moreHydro to run production near Stribro in Czech Rep, rented a part of a hall there
November 2, 2009 | 09:19pm CEToriginalThe company is now working on running production for upcoming Audi model. Hydro Automotive Structures has rented an area in project…
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