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PwC increased 2024 Czech new car registrations forecast from 200,000-220,000 units (-1% to -10%, 2023: 221,422) to 205,000-225,000 units (-7% to +2%). Demand for cars continues to be significantly affected by current relatively less favorable economic situation (weak economy, expensive financing), which, according to current forecasts, we expect gradual improvement during this year, especially with regard to development of inflation. Improving indicators to gradually improve purchasing power of companies and consumers as well as their mood and have positive effect on demand. So far, however, this influence on registrations is only cautious, Janeček said
April 9, 2024 | 05:44pm CETflashread more
Jakub Pončík, former Head of Powertrain Design, appointed as new Director of Research and Development at Tatra Trucks. Radomír Smolka, member of Board of Directors for R&D at Tatra Trucks and Director of Research and Development at Tatra Defense Vehicle, transferred operational management of department, focusing on strategic planning and decision-making
April 9, 2024 | 05:33pm CETflashread more
J.D. Power, GlobalData increased 2024 global new light-vehicle sales outlook by 200,000 cars, vans from 89.1 million (+3%) to 89.3 million (+3.2%). Large proportion of easy gains have now been achieved due to improved inventory levels enabling pent-up demand to be met. In addition, inflation and cost of living remain challenges facing consumers, while slowdown in economic growth is still on cards, even if recent data suggests that global outlook is improving, Oakley (GlobalData) said
April 8, 2024 | 12:40pm CETflashread more
SDA: New car registrations in Czechia down by 15.5%/3,462 units in March (companies and entrepreneurs: -3,188, consumers: -274), up by 2.2% to 57,605 in Q1 (vans +6.5%, +18.3%; trucks -20.7%, -16.8%; buses +238.5%, +127.7%; motorcycles -3.1%, +7.7%; trailers+semitrailers -9.4%, -6%)
April 8, 2024 | 12:32pm CETflashread more
SYMA (Systems of Management) 2024: Czech Society for Quality (ČSJ) to hold 26th conference on current trends not only in automotive industry (TISAX, Automotive Core Tools, VDA 6.3:2023, Reverse FMEA, artificial intelligence/AI, digitization of production, optical measurement, carbon duty/CBAM, ESG, HR) in Mladá Boleslav, Czechia on April 11-12. Representatives of Škoda Auto, Continental Automotive Czech Republic, ON Semiconductor Czech Republic (Onsemi), Robert Bosch, ČEZ, Slovnaft, Doosan Škoda Power, Yusen Logistic Czech, 24 Vision, Next Generation Security Solutions (NGSS), Twinzo (5.0 Technologies), DQS Slovakia, Specialist Service, Technical University of Liberec (TUL), Škoda Auto University (ŠAVŠ) to speak at event
April 5, 2024 | 09:57am CETflashread more
AAA Auto (Aures Holdings) Barometer: 121,209 used cars (1,786 HEVs, +147 m/m, +594 y/y; 1,073 BEVs, +88 m/m, +379 y/y), most in last five years, advertised in Czechia in March with mean value (median) of price of CZK 210,000 (EUR 8,300; -CZK 5,000/-2.3% m/m, +CZK 10,000 Kč/+5% y/y). Offer grew by 11,609 cars (+10.6%) m/m, by 8,916 cars (+7.9%) y/y
April 5, 2024 | 09:53am CETflashread more
Škoda Auto expects 81% penetration of beam headlights in LED Matrix version (second generation, with integrated all-weather light instead of conventional fog light) for new Superb (liftback MHEV from CZK 935,000/EUR 36,880, combi from CZK 975,000/EUR 38,460, 4x4 from CZK 1.13 million/EUR 44,380, Sportline and PHEV available later) versus 19% in Standard (LED) one
April 5, 2024 | 09:49am CETflashread more
Automotive Day 2024: Masaryk Institute of Advanced Studies CTU/ČVUT to hold 3rd exhibition of battery and fuel cell electric vehicles and hybrids (over 30 models from 14 brands such as Hyundai, Škoda, Kia, Toyota, Citroën, Volkswagen, Peugeot, BMW, Tesla, Tatra, Suzuki, Lexus) in Prague, Czechia on April 10 with test drives and conference on Contemporary market challenges of automotive industry (electromobility and other alternative drives, car power systems and increasing demands on infrastructure, AI in Automotive, autonomous driving systems). Representatives of ČVUT, AutoSAP, EY (Ernst & Young), CIIRC, Siemens, PRE (Pražská energetika), DPP, Škoda Auto, Tatra Trucks, SDA, Volkswagen, Citroën, Kia, Toyota, Peugeot to speak at conference. Event designed for students, academics as well as general and professional public
April 3, 2024 | 09:57am CETflashread more
CarGarantie: Average car repair costs rose by 6.3% to EUR 657 per claim in 2023, according to damages analysis of around 1 million warranty contracts for new and used vehicles. Electrical system and fuel system (including turbochargers) defects are most often, engine repairs are most expensive. On contrary, electric drive, hybrid system and driving dynamics system are most reliable
April 3, 2024 | 09:52am CETflashread more
Changes
Skoda Auto unions worried about jobs in production of conventional aggregates in Czech Rep
November 10, 2016 | 11:09pm CEToriginalThey would like to negotiate a similar contract as the Pact for the Future for Volkswagen plants in Germany. The shift to e-mobility, production of electric engines...
read moreNew BMW dealership to arise in Czech Rep
November 10, 2016 | 02:53am CEToriginalIt will be the 15th sales point of this German premium brand in the country. Location, company, size, timing…
read moreGM to cut production at two plants in USA
November 10, 2016 | 02:39am CEToriginalLocations, Chevrolet and Cadillac models, reasons, HR, sales results, planned investments...
read moreFord wants to move production of small cars from USA to Mexico
November 10, 2016 | 02:25am CEToriginalThe automaker still creates jobs in the United States. Donald Trump's criticism, co-operation with the president-elect, investments, new products for the plant in Michigan...
read moreGerman carmakers concerned about Donald Trump being elected US president
November 10, 2016 | 02:02am CEToriginalThey are concerned primarily about their investments in Mexico. Trump's threats to impose duty on car imports from Mexico, VDA statement...
read moreOne Mini dealership restored in Czech Rep
November 9, 2016 | 12:27am CEToriginalThe location, company, interim and new showroom, website, expansion of the sales and service network in the country...
read moreOne top manager left Czech representation of Kia
November 8, 2016 | 02:35am CEToriginalReasons, successor, sales results of Kia Motors Czech, details…
read moreCar sales in Germany fell by 5.6% in October
November 7, 2016 | 05:15am CEToriginalA decline was also seen in both the production and exports. Adjustment for working days, the registrations of individual brands, results over the 10 months...
read moreCzechInvest: Largest high-tech investors come from Switzerland, Japan, Czech Rep, Spain, USA and Germany
November 4, 2016 | 02:09am CEToriginalInvestments in the automotive industry in the Czech Republic over the past year, the planned number of jobs created in the next 3 years, Investors of the Year 2015...
read moreAAA Auto appointed new HR director
November 4, 2016 | 01:42am CEToriginalIt is a consultant cooperating with the company for more than a year. She will be responsible for personnel affairs of the company in all markets covered. Details…
read moreGeely reportedly to move production of some Volvo models from Europe to China
November 3, 2016 | 01:35am CEToriginalThe models and factories affected, export hub, timing, synergies, sales results...
read moreNissan to move part of production of one model into Europe
November 2, 2016 | 01:11am CEToriginalLocation, model, timing, HR, increase in plant capacity, the alleged commitment of local government to provide extraordinary support the Japanese carmaker...
read moreMototechna Bumerang: AAA Auto started offering credit with guaranteed redemption value for newish cars in Czech Rep and Slovakia
November 2, 2016 | 12:53am CEToriginalFeatures of the product close to operating lease, financial partners, business plan, examples...
read moreKing Long expands in Europe, established partner for Czech Rep and Slovakia
November 1, 2016 | 02:16am CEToriginalThe Chinese bus manufacturer has already been operating in 25 European countries. Profile of the local retailer, website, details...
read morePSA optimizes its own network of PSA Retail dealerships
November 1, 2016 | 01:56am CEToriginalChanges in France, the service centre for automatic transmissions and EVs, the results of the retail division in 2015, operating in Western and Eastern Europe...
read moreBlessing: Volkswagen to cut tens of thousands of jobs due to EVs
November 1, 2016 | 01:39am CEToriginalThese have fewer parts than combustion engine vehicles. However, the automaker's management intends to avoid compulsory redundancies...
read moreBenteler to sell Benteler Engineering division
October 31, 2016 | 12:50am CEToriginalFurthermore, the company will develop business within three divisions: Automotive, Steel/Tube and Distribution. The buyer and its profile, strengthening especially in Germany, clients, consultants of the transaction...
read moreNissan appointed new head for Central Europe
October 30, 2016 | 11:26pm CEToriginalHe has gained experience in European and global market. Current managing director for the Czech Republic, Slovakia, Hungary and Poland Antoine Barthes...
read moreVolkswagen solves shortage of qualified people in Eastern Europe also through lending staff within Group plants
October 25, 2016 | 11:57pm CEToriginalThe current case, the factories affected, the number of staff, timing, ongoing recruitment, increased pressure on the labour market due to the arrival of Jaguar Land Rover...
read moreMagna won several new orders for contract manufacturing of cars, planning another factory
October 25, 2016 | 01:47am CEToriginalAutomakers and models, timing, volumes, investments, capacity, HR, locations...
read moreCode of Ethics: Hyundai Motor Czech lost arbitration and some lawsuits
October 25, 2016 | 01:28am CEToriginalThe affected former dealers do not have to pay the required penalty for a withdrawal from contracts to the distributor, vice versa, they are now quantifying their damage. Details…
read moreToyota and Suzuki plan cooperation
October 25, 2016 | 01:14am CEToriginalThey are offering partnership to other automakers, too. Investigating R&D opportunities in environmental, safety and information technologies, completion of the Daihatsu acquisition...
read moreSchaeffler wants to build new plant in Eastern Europe
October 23, 2016 | 11:30pm CEToriginalThe locations considered, size, HR, negotiations with governments, decision, the growing importance of the region, investments, leading factories, R&D, back office...
read moreVolvo Car and Autoliv to jointly develop autonomous drive technologies
October 23, 2016 | 11:09pm CEToriginalPreliminary agreement on the joint venture, the headquarters, head, HR, timing, the sale of the technologies to other automakers...
read moreBrexit: UK risks losing production of Nissan Qashqai
October 20, 2016 | 11:40pm CEToriginalDeciding on the production of the third generation, the threat of halting investment in the Sunderland plant, the meeting of the automaker head and British Prime Minister...
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