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Škoda Auto cancels some shifts in Mladá Boleslav and Kvasiny, Czechia this week (week 20) due to shortage of parts (armrests, seats, reflectors/headlights). Reason is new UNECE (UN Economic Commission for Europe) regulation regarding security of vehicles against cyber attacks, valid from July 2024, which also imposes relatively strict conditions on security of supply chain of carmakers
May 17, 2024 | 12:46pm CETflashread more
J.D. Power, GlobalData cut 2024 global new light-vehicle sales outlook by 100,000 cars, vans from 89.3 million (+3.2%) to 89.2 million (+3%). This year is balancing act between supply and demand. As production constraints fully dissipate, natural demand will be able to be met at current prices. Given that we do expect some easing of pricing throughout most major markets, global auto industry is expected to maintain positive outlook in near term, Schuster (GlobalData) said
May 14, 2024 | 04:50pm CETflashread more
Autoneum (producer of acoustic, thermal management solutions for vehicles with 11,800 employees in 53 plants in 24 countries; revenues of EUR 1.7 billion in 2021) acquired automotive business of Borgers (Borgers Automotive Group; manufacturer of acoustically effective components for passenger cars and commercial vehicles with 4,700 employees in 18 production facilities in 8/9 countries – Germany, France, Poland, Sweden, Spain, Czechia, UK, USA, China; revenues of EUR 610 million in 2021) for EUR 117 million from insolvency, agreed new pricing and delivery terms with customers to ensure sustained profitability. Simultaneously, capital of Autoneum to be increased, in which two largest shareholders (Artemis Beteiligungen I, PCS Holding) to participate. In Czechia, company renamed Borgers CS to Autoneum Pilsen (supplier for BMW, Audi, Volkswagen, Porsche with 1,700 employees in 4 factories – Rokycany, Hrádek, Volduchy, Stupno/Břasy)
May 14, 2024 | 04:41pm CETflashread more
PFA: New car registrations in France up by 10.9% in April (vans up to 5.1 tonnes +15.6%; trucks +22.5%)
May 14, 2024 | 04:30pm CETflashread more
Isolite (manufacturer of high temperature insulation, sealing for automotive, aviation, power generation industries with 500 employees in Germany, Netherlands, Bosnia and Herzegovina, USA, Mexico, South Africa, South Korea, Serbia; customers, projects: Škoda, Volkswagen, Bentley, Porsche, Mercedes, BMW) to expand plant in Klášterec nad Ohří, Czechia (Minileit s.r.o.), leased remaining 5,000 sqm in Garbe Progresus Park Klášterec I. Company to move automated assembly of turbochargers, intake manifolds for hybrid passenger cars, commercial vehicles for Mercedes-Benz Group from Almere, Netherlands to Czechia, creating additional 120 jobs (110 in production, 10 in administration and R&D – reference processes for research and development in automated assembly and laser welding)
May 9, 2024 | 12:47pm CETflashread more
Tesla to suspend production in Grünheide near Berlin, Germany (Gigafactory Berlin-Brandenburg with 12,500 employees; 6,000 Model Y BEVs/week) for four days (May 8-12) as precautionary measure due to demonstrations prepared to protest planned plant expansion and related deforestation in vicinity
May 9, 2024 | 12:38pm CETflashread more
ElektroFest 2024: Daimler Truck Czech Republic, Renault Czech Republic, C Automobil Import (Citroën), O Automobil Import (Opel), Porsche Czech Republic (Volkswagen Commercial Vehicles), Milan Král Group (Mercedes-Benz, BMW, Ford), Auto Racek (Škoda), Šudoma (Peugeot), Autosalon Jiří Souček, S.&W. Automobily (Mercedes-Benz), Auto Neza (Kia), Synot Auto (BMW), PEMM Brno (Kia, Yamaha), Autocentr Hudec (Hyundai), Eurogreen CZ (Polaris Goupil), AAA Auto, EV Car Import, Citya Mobility, Amigi Consulting (KTM-ebikes.cz), Hugo Bike, Teslička.cz, Pomalé-nabíjení.cz, UniChargePay.eu, Lascam Systems, Nano Power, Beneš a Lát, ASAP Delivery (eShopKurýr.cz), Alza.cz, APEL, ASEP became partners/supporters, exhibitors at clean mobility festival (meeting of electric cars, meeting of electric motorcycles, EcoRace race, e-scooter race, test drives, conference) in Pelhřimov, Czechia (May 24-25)
May 6, 2024 | 02:48pm CETflashread more
ACEA: New commercial vehicle registrations in EU mostly grew in Q1 (vans +12.6% to 399,947; trucks -4% to 85,296; buses+coaches +23.3% to 9,624), individual fuel/power types successful differently (BEV+PHEV: +4.2%, +29.5%, +10.3%; HEV+MHEV: +12.6%, -40.5%, -1.9%; FCEV+NGV+LPG+biofuel/ethanol: +51.9%, -4.4%, -22.7%; petrol: +18.8%, -19.4%, 0 units; diesel: +12.2%, -4.5%, +38.8%)
May 6, 2024 | 02:37pm CETflashread more
SWS (distributor of ICT, consumer electronics, digital technology with 250 employees in Slušovice and Prague, Czechia and Bratislava, Slovakia) launched its own brand of electric motorcycles and scooters ViaGo on Czech market, production runs in China. Sales, service provided by partners in Brno (WMB/Daemons Moto Custom), Prague (Domanský), Ostrava (Pimpala.cz), ViaGo.cz e-shop operated by Satomar (prices from CZK 34,900/EUR 1,400 to CZK 94,900/EUR 3,800, free delivery)
May 6, 2024 | 02:31pm CETflashread more
JATO Dynamics: Share of Asian brands in car market in Europe stagnated at 24% in 2023, having grown by 10pp since 2001. Japanese brands dominated in hybrids/HEVs (share of 84% among Asian brands) and SUVs (52%), South Korean in plug-in hybrids/PHEVs (47%) and electric vehicles/BEVs (44%), Chinese in none of most important categories
May 3, 2024 | 03:34pm CETflashread more
UniCredit Leasing concluded almost 200 financing contracts in Czechia during first month since launch of Electromobility 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)
May 3, 2024 | 03:21pm CETflashread more
Another subjects
SDA: New car registrations in Czech Rep rose by 17.5% in April
May 10, 2015 | 11:57pm CEToriginalGrowth was driven by Skoda, VW, Ford, Renault, Mitsubishi, Nissan, Kia and Audi. Hyundai, Peugeot and BMW did not show good results. Commercial vehicles, comments and outlook of PwC...
read moreMedea Research: Sales of new cars in Czech Rep rose by 18.9% in April
May 6, 2015 | 11:33pm CEToriginalGrowth was driven by Skoda, VW, Renault, Kia and Ford brands. Hyundai, Peugeot and BMW did not show good results. Methodology adjustment, development in vans, registrations, cumulative results...
read moreCar sales in EU up by 10.6% in March
April 17, 2015 | 12:04am CEToriginalThe market is growing 19 months in a row. Results in individual countries, registrations in Q1, sales of Skoda, return to more expensive cars, comment and production outlook of PwC for 2015...
read moreLMC Automotive: Car sales in Western Europe rose by 10.7% in March
April 9, 2015 | 12:12am CEToriginalDemand was supported by rising consumer confidence. Faster growth, results in the UK...
read moreVinCheck: New service to check used cars launched in Czech Rep
April 7, 2015 | 11:43pm CEToriginalIt is a project of Iris Ident, Car Detect, TUV Nord and used car dealers association APPAA. The range of services, website, efforts to expand cooperation with other subjects...
read moreSDA: Registrations of new cars in Czech Rep up by 27.6% in March
April 6, 2015 | 11:17pm CEToriginalGrowth was driven by Skoda, VW, Nissan, Seat, Opel, Kia, Mitsubishi, Audi, Renault and Ford. BMW and Suzuki did not show good results. Record data since 2004, comments and outlook of PwC...
read moreMedea Research: Sales of new cars in Czech Rep up by 27.7% in March
April 2, 2015 | 11:47pm CEToriginalThe growth was driven by Skoda, VW, Nissan, Opel or Kia. BMW and PSA were not successful. Registrations, purpose registrations, other operators, results in Q1...
read moreTruth about Car Sales: Hyundai launched website partially revealing true automotive market in Czech Rep
April 1, 2015 | 11:48pm CEToriginalShort-term registrations, re-exports, non-transparent category of Other Operators, Medea Research survey, car registrations by automakers...
read moreAssociation of Hyundai Dealers: Hundreds of new Hyundai cars registered on purpose in Czech Rep this year
March 30, 2015 | 11:37pm CEToriginalThe cars should have been registered not only by a distributor, but also by some dealers or befriended companies. Detailed information...
read moreCar sales in EU up by 7.3% in February
March 17, 2015 | 11:46pm CEToriginalThe market has been growing for 18 months in a row. Results in individual countries, sales of carmakers, comments and views of KPMG and PwC for 2015...
read moreInvestor entered Keri, acquiring majority stake
March 17, 2015 | 01:47am CEToriginalThe Private Equity company and its profile, the new shareholder structure, financial results of Keri, financing bank, transaction advisors...
read moreCar with Reason: Cebia and Essox launched program in Czech Rep for purchase of used car from individuals
March 12, 2015 | 01:07am CEToriginalWhile Essox provides funding, Cebia reviews the situation and history of the vehicle. Microsite, price of the services, advertising at Sauto.cz, an example of the loan...
read moreMedea Research: Sales of new cars in Czech Rep up by 25% in February
March 6, 2015 | 12:58am CEToriginalGrowth was driven by Skoda, VW, Dacia, Opel, Renault, Kia, Hyundai, Nissan and Mercedes. PSA and BMW were not successful. Suspect growth in registrations compared with Europe, purpose registrations...
read moreSDA: Registrations of new cars in Czech Rep up by 28.2% in February
March 5, 2015 | 12:33am CEToriginalGrowth was driven by Skoda, Volkswagen, Dacia, Opel, Seat, Ford, Kia, Nissan and Hyundai. Poor results were shown by Citroen, Volvo, Suzuki and BMW. Comment and outlook of PwC...
read moreCar traders invented another trick to distort statistics of new registrations
March 2, 2015 | 03:22am CEToriginalThis method of re-exports cannot be revealed even by the statistics of de-registrations within six months. Details of the procedure used not only in the Czech Republic, companies involved...
read morePwC: Car sales in Russia might fall by up to 35% in 2015
March 2, 2015 | 01:06am CEToriginalDemand for imported vehicles should fall by more than 50%. AEB’s estimate, double-digit drop in January…
read moreMedea Research started publishing registration statistics of new cars and vans
February 23, 2015 | 11:50pm CEToriginalThe extent and details, differences from the SDA statistics (numbers, sorting of some models into segments), questionable reporting of motor, body and off-road versions...
read moreTUV Sud agreed to cooperate with MAN
February 22, 2015 | 11:49pm CEToriginalCooperation concerns used trucks and buses. Services provided, countries, timing...
read moreCar sales in the EU up by 6.7% in January
February 18, 2015 | 12:15am CEToriginalThe market has been growing for at least 17 months in a row. Results in individual countries, sales of carmakers, comment and the 2015 outlook of KPMG...
read moreLMC Automotive: Car sales in Western Europe rose by 7% in January
February 17, 2015 | 11:56pm CEToriginalDemand was supported by low oil prices and rising consumer confidence. Faster growth, results in 2014, outlook for 2015...
read moreIHS Automotive: Car sales in Europe to rise by 2.1% in 2015
February 8, 2015 | 11:20pm CEToriginalGlobal demand for cars and vans should grow more. European countries with the strongest growth, states with an expected decline, the impact of crude oil prices, ACEA comment...
read moreMedea Research: Sales of new cars in Czech Rep up by 13.9% in January
February 4, 2015 | 11:55pm CEToriginalGrowth was driven Skoda, Hyundai, Dacia, Volkswagen, Renault, BMW, Kia and Nissan. PSA and Honda did not do well. Purpose registrations, development of LCV segment...
read moreMedea Research: Registrations of new cars in opaque category rose by almost 50% in Czech Rep in 2014
February 3, 2015 | 11:37pm CEToriginalIn the category of Other Operators, the customer (private person, firm) cannot be clearly identified. Reasons, ranking of brands, the situation in LCV segment...
read moreMedea Research: Purpose registrations of new cars in Czech Rep increased by more than 50% in 2014
February 1, 2015 | 11:25pm CEToriginalThe growth rate of false registrations, the most re-exported brands, the most short-registered models, methodology, incomplete statistics...
read moreKia wants to increase sales by 50% in Czech Rep by 2016
January 28, 2015 | 11:56pm CEToriginalThis goal has been set by the new president of Kia Motors Czech. The manager and his profile, his other plans, promotion of Tae Ho Lee within Europe...
read more
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