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Office for Protection of Competition (ÚOHS) began to assess transaction where AutoWallis Group (SsangYong distributor in Czechia, dealer of BMW cars and motorcycles and Mini vehicles in Hungary and Slovenia, representative of total of 23 brands in 16 countries of Central and Eastern Europe/CEE; revenues of HUF 366 billion/EUR 925 million and sales of 44,909 vehicles in 2023) acquires NC Auto (BMW dealerships, BMW Motorrad and Mini service centers in Hradec Králové, Prague and Pardubice, Czechia detached in 2023 from Stratos Auto – Iveco and Kia dealer in Hradec Králové; sales of 737 new and used BMW cars in 2023, +13.4%) from founder (Martin Strakoš)
March 26, 2024 | 10:48am CETflashread more
Supplier for Car of the Year 2024 in Czech Republic: 17 companies supply components (boot/trunk linings, jacks, chocks, ratchets, tyres/tires, washer hoses, carpets, high-strength bolts, door locks and pullers, axle springs, seals/gaskets, electric parking brakes, electric water pumps) for Mercedes-Benz E-Class (W214) from Czechia (Autoneum, Brano, Continental, Fehrer, Gumárny Zubří, Gumotex, Kamax, Kiekert, KS Kolbenschmidt/Rheinmetall, Mubea, Plastika, SaarGummi, S.N.O.P./Snop, Strojmetal, THK, Vitesco Technologies, ZF), AutoSAP said. Kiekert-CS supplies GL2.1 locks from Přelouč, THK Rhythm Automotive Czech pillow ball joints (PBJ) from Dačice
March 26, 2024 | 10:40am CETflashread more
ACEA: New car registrations in EU up by 10.1% in February (Volkswagen +9.8%; Stellantis +12%; Renault +5.8%; Toyota +16.8%; Hyundai +2.3%; BMW +3.3%; Mercedes-Benz -4%; Ford -16.9%; Volvo Cars +40.4%; Tesla +15.2%; Nissan +20.6%; Suzuki +55.9%; SAIC Motor +88.1%; Mazda +0.02%; Jaguar Land Rover +5.1%; Mitsubishi +141.1%; Honda +44.1%), individual fuel/power types successful differently (BEV +9%, PHEV +11.6%, HEV+MHEV +24.7%, FCEV+NGV/CNG+LPG+biofuel/ethanol +11.2%, petrol +6.1%, diesel -5.1%)
March 26, 2024 | 10:26am CETflashread more
Automotive Functional Safety Week 2024: Automotive IQ (IQPC) to hold conference on implementation of ISO 26262, SOTIF (safety of the intended functionality) in development of vehicles with regard to current topics (L3+ autonomous driving, software-defined vehicles, artificial intelligence/AI and machine learning-based applications, open-source software) in Berlin, Germany on April 15-18. Representatives of Volkswagen, Bugatti Rimac, Audi, Iveco, Geely, Volvo Autonomous Solutions (Volvo Group), Automobili Pininfarina, Woven by Toyota, Valeo, ZF, Bosch, Horiba Mira, Aptiv, CARIAD, Continental, NXP Semiconductors, Vitesco Technologies, G2 Recruitment, Ansys, Renesas Electronics, Eatron Technologies, Onsemi to speak at event
March 22, 2024 | 10:46am CETflashread more
Tomáš Knespl left ČEZ, joining Smart4smart (distributor of Etrel/Landis+Gyr charging stations in Czechia; customers: Mercedes-Benz Czech Republic, Hyundai Motor Czech, BMW, ČEZ, Komerční banka, Škoda Auto, Eurovia, Vodafone, Ministry of Environment, Jaguar; over 1,300 stations delivered since 2014)
March 22, 2024 | 10:32am CETflashread more
Sales (deliveries to customers) of Volkswagen Group down by 1.1% in February (VW -1.7%; Škoda +9.3%; SEAT+Cupra +22%; VW Commercial Vehicles +13.9%; Audi -13.4%; Bentley -34.4%; Lamborghini -14.3%; Porsche -7.2%; MAN -4.2%; VW Truck & Bus -15.7%; Scania +24.6%; Navistar -20.9%)
March 22, 2024 | 10:26am CETflashread more
Central and Eastern European (CEE) Automotive Forum 2024: Notus Events wants to resume automotive conference with matchmaking (B2B) meetings in Budapest, Hungary after Adam Smith Conferences after three years (7th year in 2021), moving 8th year from April 10-11 for 2025
March 20, 2024 | 01:38pm CETflashread more
ČSÚ: Car prices in Czechia down by 0.2% m/m in February, by 2.8% y/y (new: +0.4%, +1.7%; used: -0.7%, -5.6%). Inflation (consumer price index/CPI) in related areas developed differently – motorcycles (-0.2%, -2.8%), spare parts and accessories (+1.7%, +5.6%), fuels and oils (+4.3%, +1.2%), service works (+1%, +8.2%)
March 18, 2024 | 04:51pm CETflashread more
GlobalData confirmed 2024 Western European new car sales outlook at 12.1 million (+4.7%)
March 18, 2024 | 04:44pm CETflashread more
Vitesco Technologies (Vitesco Technologies Czech Republic) sold production of pneumatic comfort seats in Frenštát pod Radhoštěm, Czechia (massage seat systems for Mercedes-Benz S-Class, Mercedes-Maybach S-Class, Audi A8, Audi Q7, Bentley, Porsche cars in 4000 sqm hall S) to Continental Automotive
March 18, 2024 | 04:37pm CETflashread more
JATO Dynamics: Electric / electrified vehicle sales in Europe (28 countries) up by 27% to 201,037 units (120,536 BEVs, +29%; 80,501 PHEVs, +24%) in January, representing 19.9% share in total registrations (penetration, +2.5pp). Tesla Model Y (11,475 cars, +60%) was best-selling battery electric vehicle (BEV), followed by Tesla Model 3 (6,478, +344%), Volvo XC40 (4,423, +43%), Škoda Enyaq (3,992, +36%) and MG4 (3,574, +56%). Volvo XC60 (4,194, +55%) was best-selling plug-in hybrid (PHEV), followed by Ford Kuga (3,687, +16%), Audi A3 (2,963, +291%), BMW 3 Series (2,687, +13%) and Mercedes GLC (2,600, +281%)
March 18, 2024 | 04:30pm CETflashread more
For Caravan 2024: Ford Motor Company, Auto-Moto Riegger (Isuzu), Centrum Moravia (Mercedes-Benz), Dajbych Plus (Ineos, Isuzu), SVA Třebíč/SVA Cars, Alba One/Vivibox, ASN Hakr Brno, Auto Moto Přikryl, Backi Adventure, BezKempu.cz, Blue Rent, Caravan Centrum Pardubice, Caravan Metropol, Compact - Service/Shop4x4.cz, CWN/CampingWorld Neugebauer, Hykro, Karavany Lubná, KOV Velim, Life Style Camper, OP Servis, Rakar, Ravver, Rebuild-Car, Resl Group, Ronal, RV Evolution, Sherlog Technology, Tent4rent, Thule, TopTrade, Visu to join 15th motor home, caravan/camper exhibition in Prague, Czechia (March 15-17)
March 15, 2024 | 04:58pm CETflashread more
Financial Companies
Barthes: Most Nissan dealers in Central Europe to have EV license by 2017
April 14, 2016 | 11:28pm CEToriginalThe current situation in Hungary, Poland, Czech Republic and Slovakia, Leaf 30 kWh with longer range, warranty, pricing, financing, sales results in 2015...
read morePSA reduces financial activities in Eastern Europe
April 13, 2016 | 01:09am CEToriginalBy contrast, it is creating joint ventures in Western Europe. The affected countries and partners, sale of Banque PSA Finance branches in the Czech Republic and Slovakia, timing...
read moreFairfax bought QBE activities in Eastern Europe
April 5, 2016 | 11:39pm CEToriginalThey will be included in the new non-life insurance Colonnade Insurance. The countries concerned, management, timing, products, HR, business size, transfer of contracts, advisor in the transaction, websites...
read moreNew owner completed restructuring of Auto Charouz Group
April 4, 2016 | 11:26pm CEToriginalThe new brand Corson, renaming of some companies, the closure of some dealerships, the brand for used cars, separation of some companies, management, websites, results in 2015...
read moreVolkswagen gained more from LeasePlan sale than expected
March 21, 2016 | 11:16pm CEToriginalReasons, the completion of the transaction, the current profile of the largest lessor of cars in the world...
read moreVolkswagen Financial Division increased profits in 2015 at double-digit pace
March 15, 2016 | 10:18pm CEToriginalCreating a reserve to cover any drop in the residual values of leased vehicles, drop in rating, outlook of Volkswagen Financial Services for 2016, problems in the BRIC markets...
read moreAmper 2016: Over 20 EVs and HEVs to be present at 24th year of fair
March 14, 2016 | 11:42pm CEToriginalBesides cars there will also be electric vans, motorcycles, bicycles and scooters. Conferences, the Toyota, Lexus, VW, Nissan, Kia, BMW, Tesla, Renault, Peugeot, Skoda vehicles at the Amper Motion...
read moreDieselgate: Allianz allegedly to bring action against Volkswagen due to declining stocks
March 8, 2016 | 11:38pm CEToriginalAllianz is to bring an action as the carmaker’s minority shareholder, although the two companies are partners in the automotive insurance. The amount of damage, timing...
read moreCeska pojistovna began offering insurance for license plates on request
March 1, 2016 | 11:34pm CEToriginalReasons, details of insurance (sum insured, covered risks, participation, influence on the bonus, price)...
read moreDefend VIN.Pro.Tec: Defend launches VIN etching into windscreen with insurance
March 1, 2016 | 01:38am CEToriginalThe amount of performance, personalization of the marking, the product as part of a new fourth pillar called Protection, other products by Defend Automotive Group, B2B clients…
read moreVolkswagen 1%: Volkswagen Financial Services offers credit with tire service for free in Czech Rep
March 1, 2016 | 01:17am CEToriginalThe product parameters, original winter wheels for free, the affected models, timing, guaranteed residual value by the dealer, the possibility of frequent replacement of a car...
read moreLexus Garant: Toyota extended its offer of flexible credit to Lexus cars in Czech Rep
February 26, 2016 | 04:12am CEToriginalAffected models and prices, parameters close to operating leases, guaranteed residual value of the car, special offer for the Toyota Garant, business results...
read moreFleet Derby 2016: Fleet Car of the Year in Czech Rep is Volkswagen Passat
February 19, 2016 | 02:44am CEToriginalThe winners in individual categories were Skoda, VW, LeasePlan, ALD Automotive, TomTom and CPP. Detailed results, more nominations, more jurors, sponsors...
read moreCar of the Year 2016 in Czech Rep is Skoda Superb
February 18, 2016 | 12:03am CEToriginalEco Car of the Year is the Volkswagen Golf GTE, Technical Innovation of the Year is the Subaru EyeSight. Point difference of the finalists, public voting, decreasing level of the competition...
read moreCar of the Year 2016 in Czech Rep: Less nominations, fewer jurors, lower winnings
February 14, 2016 | 10:59pm CEToriginalThe absence of city cars among finalists, SMS competition, the nominations for Technical Innovation of the Year and Eco Car of the Year, sponsors...
read moreDefend Insurance Group agreed on new cooperation in Czech Rep
February 9, 2016 | 11:43pm CEToriginalCooperation relates to the insurance of failures of auto parts. Partner and its results in 2015, the product and its parameters, scope of coverage, performance limit, participation, prices...
read moreVolkswagen Financial Services made changes in fleet department in Czech Rep
February 8, 2016 | 11:38pm CEToriginalThe positions concerned, managers and their profiles, timing...
read moreInterest in operating leases by UniCredit in Czech Rep and Slovakia increased severalfold in 2015
February 8, 2016 | 11:15pm CEToriginalA record year for the UniCredit Fleet Management division, reasons, results in both markets, the group synergies, HR, the plan for 2016, prepared on-line calculator...
read morePolish head of Toyota appointed president for Central Europe
February 7, 2016 | 10:40pm CEToriginalHe will be responsible for four markets, while the former regional director was in charge of three. His profile, the new position of Shingo Kato...
read moreCEZ E-mobility: CEZ to soon announce winner of tender for new supplier of charging stations
January 28, 2016 | 11:25pm CEToriginalParticipants, existing suppliers, issues, current and planned locations for fast charging stations, EV fleet and its financing, possible change in the tariff for electricity...
read moreUniCredit: Czech market for car finance to consumers up by 11% in 2015
January 27, 2016 | 03:53am CEToriginalDetails of the estimation, the situation in leases and credits, growing interest in operating leases, the most popular models of clients of the leasing division, the outlook for 2016...
read moreVolkswagen began offering branded insurance of VW, Audi and Seat cars in Czech Rep
January 20, 2016 | 11:33pm CEToriginalThe three partners of Volkswagen Financial Services, availability according to the method of acquisition, the possibility of arranging even for used cars, accessories coverage (extended warranty, service contract), innovation of Skoda Insurance…
read moreBilik: Czech leasing market grew by 7% in 2015, Arval more
January 19, 2016 | 02:28am CEToriginalThe exceeded plan, a portfolio of clients, HR, reduced network of service partners, operating leases for consumers, the target for 2016...
read moreCar Importers Association to start publishing statistics of vehicle financing in Czech Rep
January 18, 2016 | 02:32am CEToriginalSDA also intends to clean up the registrations in terms of the influence of operating leases for consumers. Timing, partners, statistics by operator in 2015...
read moreDas WeltAuto: Used car sales in Czech Rep up by 13.8% in 2015
January 14, 2016 | 12:35am CEToriginalRecord year of the program on the Czech market, demand for individual brands, marketing offers ongoing in 2016...
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