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PwC confirmed 2025 Czech new car registrations forecast at 225,000-240,000 units (-3% to +4%, 2024: 231,600), based on development to date (Q1: +3.6%). Stronger economic growth, rising wages, falling interest rates, calm inflation to have positive impact on purchasing power of consumers, companies and to also have positive impact on demand for cars, Razim said, adding that he expects sales to be at upper end of January estimate
April 15, 2025 | 07:55am CETflashread more
Cebia Summary 1/2025: Average price of used cars sold in Czechia down by 2.5% y/y to CZK 287,000 (EUR 11,430) in Q1, up by 1.1% during Q1 (12% up to CZK 100,000/EUR 4,000, 23% up to CZK 200,000/EUR 8,000, 31% up to CZK 300,000/EUR 12,000, 34% above CZK 300,000/EUR 12,000). Older electric vehicles, whose technology is becoming obsolete due to rapid development, saw large reduction in prices. Advertising supply decreased by 6.8% y/y. In terms of powertrain types, 47.8% of cars on offer had diesel, 46.03% petrol, 2.71% hybrid, 2.19% electric, 0.89% LPG and 0.38% CNG
April 15, 2025 | 07:41am CETflashread more
Auto Opat Group (Auto Opat, Auto Opat CZ, Servis Auto Opat, Autocentrum Legerova; Škoda and Kia dealer, Volkswagen, SEAT, Cupra and VW Commercial Vehicles service, Škoda Plus and Das WeltAuto used car shop in Prague, Czechia – Nupaky, Nové Město) expanded Nové Město branch (Škoda service) with Kia service
April 11, 2025 | 11:49am CETflashread more
ČSÚ: Car prices in Czechia up by 0.4% m/m in March, stagnated y/y (new: +0.4%, +1.8%; used: +0.5%, -1.1%). Inflation (consumer price index/CPI) in related areas developed differently – motorcycles (+0.2%, +0.4%), spare parts and accessories (-0.1%, +1.4%), fuels and oils (-3.2%, -8.5%), maintenance and repairs / service works (+0.7%, +6.6%)
April 11, 2025 | 11:44am CETflashread more
SDA: New car registrations in Czechia up by 19.3% in March, by 3.6% to 59,686 in Q1 (vans -13.2%, -24.9%; trucks -7.3%, -11.6%; buses +56.8%, +28.6%; motorcycles -0.04%, -14%; trailers+semitrailers +7.6%, -1.7%), individual fuel/power types successful differently (BEV: 1,395 +261.4%, 3,113 +138%; PHEV: 977 +87.5%, 2,175 +54.3%; LPG: 599 +24.8%, 1,446 +27%; petrol 14,929 +17%, 39,990 +1.1%; diesel 4,665 -1.7%, 12,960 -7.4%). Regarding internal combustion engine (ICE) cars (52,950 in Q1), 12,716 of them were HEVs (+16.7%)
April 11, 2025 | 11:38am CETflashread more
Automotive Functional Safety Week 2025: Automotive IQ (IQPC) to hold 15th conference on implementation of ISO 26262, SOTIF (safety of the intended functionality), ISO/PAS 8800 in development of vehicles with regard to current topics (especially artificial intelligence/AI) in Munich, Germany on April 28-30. Representatives of Volkswagen, Scania, Iveco, Lotus, VinFast, NXP Semiconductors, Renesas Electronics, Valeo, Schaeffler, TomTom, Bosch, Hella, BorgWarner, Continental, Horiba Mira, Ficosa, Magna Electronics, Infineon Technologies, Fraunhofer IESE to speak at event
April 9, 2025 | 12:58pm CETflashread more
CarGarantie: Average car repair costs rose by 9.3% to EUR 718 per claim in 2024, 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, (internal combustion) engine repairs are most expensive. On contrary, electric drive, hybrid system and driving dynamics system are most reliable
April 9, 2025 | 12:54pm CETflashread more
Paul Zekhuis decided to leave AutoBinck Group (group of dozens of companies in mobility, energy sectors with 1,700 employees in 31 countries; 4 divisions: Mobinck, Leasing, Car Distribution, Ebinck) after 10 years, joining BD-Capital. Vincent Weijers appointed as new CEO, coming from Bol.com
April 9, 2025 | 12:42pm CETflashread more
SYMA (Systems of Management) 2025: Czech Society for Quality (ČSJ) to hold 27th conference on current trends not only in automotive industry (TISAX, VDA 6.8, artificial intelligence/AI, digital twin, ESG, ISO standards, NIS2) in Pilsen, Czechia on April 14-15. Representatives of Škoda Auto, Hyundai Motor Manufacturing Czech, Škoda Electric, Robert Bosch, DQS Slovakia, Munters, Unicorn, Next Generation Security Solutions (NGSS), Škoda JS, Technical University of Liberec (TUL) to speak at event
April 8, 2025 | 12:47pm CETflashread more
VDA: Car production in Germany up by 8% y/y and export by 8% in March, by 5% to 1.08 million and by 5% to 822,400 in Q1
April 8, 2025 | 12:40pm CETflashread more
AAA Auto (Aures Holdings) Barometr: 84,948 used cars sold in Czechia in March (+20% y/y, +27.2% m/m; BEV: 1.4% share, 1,190 vehicles) with average price of CZK 309,778 (EUR 12,320, +5.2% y/y, -1% m/m). Top 3 best-selling BEVs include Tesla Model 3 (14.9% share, 177 units), BMW i3 (8%, 95), Škoda Enyaq (6.7%, 80)
April 8, 2025 | 12:35pm CETflashread more
Porsche: Iryna Kauk to become Vice President for Europe region (excluding Germany) on May 1. Michael Kirsch, former Head of Sales in China (President and CEO at Porsche China and Porsche Hong Kong & Macao), appointed as new Managing Director for Central and Eastern Europe (Porsche Central and Eastern Europe/CEE based in Prague, Czechia; 28 countries)
April 7, 2025 | 11:40am CETflashread more
Changes
Porsche rejects more investors’ interest in Volkswagen shares
July 7, 2009 | 08:52pm CEToriginalAlthough Porsche conducts exclusive investment negotiations with Qatar, there appeared further five candidates. They want to buy...
read moreHyundai needs 150 more people for start of second shift in Nosovice
July 7, 2009 | 08:03pm CEToriginalTherefore, the carmaker is going to intensify recruitment of new employees in July. Date of initiation of the second shift is not clear yet. Production on three shifts will begin on...
read moreDiscussions of Alcoa Fujikura and trade unions brought no progress today, strike is ready to start
July 6, 2009 | 10:48pm CEToriginalTalks about a higher compensation will continue on Tuesday. If there is no outcome, the strike might begin...
read moreVolkswagen increased sales by 6% in June, sale declined by 5.1% in H1
July 6, 2009 | 02:05pm CEToriginalThe global market fell by about 18 % in H1. Volkswagen CEO Martin Winterkorn assumes that this year there should be sold in the world...
read moreHyundai increased total sales by 9.6% in June, thanks to domestic sales mainly
July 5, 2009 | 09:09pm CEToriginalSouth Korean exports went down by 18.4% to 83,702 cars whereas sales of cars manufactured in foreign plants grew by...
read moreAlcoa Fujikura unions in Stribro declared strike alert
July 5, 2009 | 05:18pm CEToriginalIf further negotiations of the compensation amount for dismissed workers are not successful, trade unionists are ready to go on strike...
read moreChinese company BAIC also fighting for Opel besides RHJ
July 5, 2009 | 05:03pm CEToriginalRHJ and BAIC submitted preliminary bids for Opel share and are still negotiating with GM. Binding offer...
read moreTPCA continues in production rise, production increased by 0.6% in H1
July 4, 2009 | 02:56pm CEToriginalFor this whole year, TPCA is again estimating the production growth compared to last year's 324,289 cars. It could be more than...
read morePrices of new cars the lowest in history in Czech Rep, not to go down any more
July 4, 2009 | 12:36pm CEToriginalMore than 12 models are cheaper than CZK 200,000; prices of 50 other cars do not exceed CZK 250,000. Until winter prices of new cars will be...
read moreSeat: Scrap bonus to cause drop of new car sales to record-breaking minimum 2.6 million in Germany next year
July 4, 2009 | 11:51am CEToriginalSales grew by 40% in June—equally to May. In the next months the association VDIK expects...
read moreBMW to limit production in second half of the year too
July 4, 2009 | 11:03am CEToriginalAn exception is BMW plant in Dingolfing where production of a new car BMW 5 Gran Turismo will begin in autumn. In Q1 the carmaker managed with...
read moreSkoda Auto to invest in electric car development, Superb to be rebuilt
July 3, 2009 | 10:51pm CEToriginalThis is one of the activities of the Volkswagen Group in the field of alternative drives, which is working on the development of electric cars...
read moreRussian truck manufacturer Kamaz at risk of bankruptcy
July 3, 2009 | 03:18pm CEToriginalThe company has not observed the terms for repaying loans and its creditors can now apply for a preliminary pay-off. Kamaz would not solve it even by...
read moreRenocar opened first separate showroom of Mini in Czech Rep in Brno
July 2, 2009 | 07:19pm CEToriginalThe new Mini centre has grown next to BMW showroom. At the same time Renocar has opened another showroom in which sales of...
read moreHead of Sberbank: Other candidates for Opel are out
July 2, 2009 | 06:59pm CEToriginalThe Chinese carmaker BAIC, the Belgian investment company RHJ and the Italian carmaker Fiat are among the interested persons in Opel purchase. BAIC should in the coming days...
read morePSA to decrease number of media agencies to two out of six in Europe within cost reduction
July 2, 2009 | 06:24pm CEToriginalSole media service suppliers will be agencies Havas/MPG and OMD. Selection procedures will take place in three European countries...
read moreSerious financial problems are reason for PMG Finance group activities sale
July 1, 2009 | 10:36pm CEToriginalCompany AuTec Group is now consolidating by the consulting firm NSG Morison. As a part of the restructuring it will take place...
read moreTUV Sud merged activities for automotive and other industries and services in Czech Rep
July 1, 2009 | 10:22pm CEToriginalThis should bring greater efficiency and for customers more complex services. The acquiring company TUV Sud Czech has now two divisions...
read moreEmployees of Alcoa Fujikura want to be compensated more for dismissals
July 1, 2009 | 09:54pm CEToriginalToday's negotiations of the company with trade unions, which were preceded by a protest of about a half of the company's employees, did not bring any particular result. Another negotiation...
read moreGeneral Motors and Ford suspended their plants in Russia
July 1, 2009 | 08:20pm CEToriginalThe cause is downturn of demand. GM's plant in Sankt Petersburg will cease production for two months. Ford has suspended production in its Russian plant until...
read morePorsche rejected Volkswagen‘s offer, Qatar to be new investor
July 1, 2009 | 05:57pm CEToriginalPorsche will offer Qatar either a share in the company, or it will sell options for to further shares purchase in Volkswagen. The starting point can also be...
read moreInsurance companies Uniqa and D.A.S. initiated cooperation on car insurance
July 1, 2009 | 04:25pm CEToriginalFrom July they will be offering a joint product compound of damage liability, accident insurance, and motor legal protection insurance. Clients can thus save up to...
read moreGeneral Motors apparently close to agreement on Opel sale to Belgian company RHJ International
July 1, 2009 | 02:29pm CEToriginalRHJ International has enhanced its offer. According to sources, the preliminary agreement might be signed...
read moreCebia: 200,000 sold cars per year with lower number on speedometer in Czech Rep
July 1, 2009 | 12:52pm CEToriginalThat is about 40% of all sold used cars. Due to a lower number of kilometres on speedometer the cars are overpriced by...
read moreSkoda Auto to produce engines and transmissions even during company holiday
July 1, 2009 | 11:46am CEToriginalWork will be voluntary during the holiday. It should be similar with the extraordinary working Saturdays, which are now being negotiated...
read more
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