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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
Audi and Daimler suffer from labour shortage in Hungary
October 20, 2016 | 11:26pm CEToriginalGerman automakers called on local authorities to enhance workforce mobility, improve transport infrastructure and conditions in the housing market. Collaboration with universities...
read moreAutoBinck appointed new head of Business Lease
October 19, 2016 | 11:43pm CEToriginalThe manager and his profile, timing, the former CEO of the leasing company operating in the Netherlands and CEE, operating leases for consumers...
read moreFolbrecht (Skoda): Half of cars might be sold with alternative drive in Europe in 2030
October 19, 2016 | 12:59am CEToriginalUpcoming CO2 fleet emission targets for the years 2025 and 2030, the experts’ estimates, depression of diesel engines, electricity and gas potential, McKinsey study...
read moreBednarz: Production of Tatra trucks to grow by tens of percent in 2016-2017
October 18, 2016 | 11:38pm CEToriginalResults in Q1-3, overcoming 2015, two- to three-shift operation by the department, HR, average wages, investment not only in manufacturing...
read moreHyundai Capital gained banking licence for EU
October 17, 2016 | 11:55pm CEToriginalHeadquarters of the European branch, capital, timing, financial and insurance services, website, first countries being expanded, current partners for funding of Hyundai and Kia brands, GE divestment...
read moreUnions: PSA prepares fourth wave of layoffs
October 17, 2016 | 11:38pm CEToriginalThe automaker has dismissed 17,000 employees since 2013. Location, timing, number of jobs, form of the departures, the alleged reasons (Brexit, diesel cars), profit in H1, dividends...
read moreEmil Frey closed dealership of another brand in Czech Rep
October 17, 2016 | 11:22pm CEToriginalBrand, location, reasons, related personnel changes, further showroom utilization, dealer situation in the region...
read moreAutotym began offering services for owners selling used car
October 14, 2016 | 02:23am CEToriginalTarget group, range and price, protocol, packages for buyers, outgoing sites, partners, the penetration of financing, business and financial results, personnel changes, a TV show, upcoming products...
read moreMorawiecki: Poland attracted automotive investment from US
October 14, 2016 | 02:09am CEToriginalThe country is leading talks about further investment with a Japanese carmaker. Daimler engine plant in Jawor...
read moreOsterloh: Volkswagen could cut jobs through early retirements
October 13, 2016 | 03:12am CEToriginalDiscussion about austerity measures at the main brand VW, details of the proposal for next 10 years...
read morePlan of Iveco Bus to build test track in Czech Rep complicated
October 11, 2016 | 11:46pm CEToriginalIt may not be able to be built in the originally planned location. Reasons, expansion of the Czech plant...
read moreRenault to strengthen position in AvtoVAZ
October 11, 2016 | 11:26pm CEToriginalDetails of the recapitalization of the Russian automaker, changes in shareholdings, outlook for the Russian car market in the years 2016-2017...
read moreVolvo Car wants to take 400 engineers
October 10, 2016 | 11:46pm CEToriginalIt intends to strengthen its efforts to develop safety technologies, autonomous driving and electrification. Locations, timing, new R&D centre...
read moreBNP Paribas expands its insurance company Greenval Insurance in Europe
October 10, 2016 | 03:35am CEToriginalEntry to the Czech and German markets, products, insurance portfolio, IT, collaboration with Arval, current business results in the Czech Republic, further expansion...
read moreVolvo and Uber to jointly develop self-driving cars
October 6, 2016 | 11:40pm CEToriginalThe amount of the investment, allocation in software and hardware, providing cars for testing, establishment of a lab, testing of autonomous taxi service, lobbying coalition in the United States...
read moreLG Chem chose location for its first European plant for EV batteries
October 6, 2016 | 02:58am CEToriginalCountry, amount of investment, capacity, HR, timing, profile of the current factory in Europe...
read moreToyoda Gosei to increase production in Europe
October 4, 2016 | 11:42pm CEToriginalExtension of the Czech plant, products, HR, timing, new orders for Japanese and European carmakers...
read moreUniqa SafeLine: Tens of thousands of drivers already decided for progressive insurance-assistance product
October 3, 2016 | 11:57pm CEToriginalDemand in Austria and the Czech Republic, functions (eCall, bCall, PAYD, monitoring, log book), versions and prices, discounts not only according to mileage, partners, special offer...
read moreRenault to expand production in Iran
October 3, 2016 | 11:45pm CEToriginalThe new joint venture, partner, the planned capacity of the plant, models, timing, sales in the country in 2015, PSA investment in Iran...
read morePay As You Drive: Skoda Auto considers branded insurance based on driver's behaviour and mileage
October 2, 2016 | 11:40pm CEToriginalIt is related to the introduction of Skoda Connect into their cars. Negotiations with insurance companies, benefits of the PAYD tariff, Skoda Insurance for newish cars, penetration...
read moreBosch plans further investment in Czech Rep
October 2, 2016 | 11:14pm CEToriginalLocation, extent and amount of investment in production and R&D, products, HR, application for an investment incentive...
read moreNew Toyota dealership opened in Czech Rep
October 2, 2016 | 11:01pm CEToriginalLocation, company and its other activities, business results in 2015, dealer situation in the given region...
read moreTelemotix aims to expand with its connected car technology
September 30, 2016 | 02:57am CEToriginalThis can be used for a number of purposes in the fields of medical emergency, service, protection against theft or insurance. Negotiations with insurance companies in Europe, including the Czech Republic, study of driver behaviour, opinions of CKP on PAYD...
read moreVenturini: Peugeot to exceed 10,000 orders in September in Czech Rep
September 30, 2016 | 02:42am CEToriginalTwo traditional marketing promotions and Traveller will help. Navigation with map updates to 5 years free, 4x4 drive from Dangel...
read moreVolkswagen began offering brand insurance of VW, Audi, Seat vehicles acquired for cash in Czech Rep
September 29, 2016 | 01:22am CEToriginalAt the same time Skoda Insurance was innovated. Two packages, accelerated no claims bonus, free replacement car for up to 60 days when a car is stolen...
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