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2024 Bratislava Motor Show (Autosalon Bratislava): Incheba cancelled 31st exhibition of cars, vans in Bratislava, Slovakia (April 11-14). Reason for postponement is situation, that also affected all major world motor shows, related to uncertainty regarding participation of many brands at exhibition, organizer said. In 2023, nine exhibitors (Auto-Impex, AutoRoch-Slovakia, CWN/CampingWorld Neugebauer, Exclusive Cars Vertriebs, Frey Luxury Cars, M Motors SK, Plastonic, T.O.P. Auto Bratislava, TSM Slovakia) presented 15 brands (Aixam, Aston Martin, Bentley, Dongfeng, Fiat/Abarth, Ineos, Isuzu, Iveco, Lamborghini, McLaren, MG, Mitsubishi, Nissan, Piaggio, Voyah)
April 17, 2024 | 10:45am CETflashread more
Erste Group made changes in leasing activities in Czechia. Česká spořitelna (ČS) renamed leasing company sAutoleasing to Leasing České spořitelny and subsequently incorporated Erste Leasing. sAutoleasing continues as brand in field of sales of new and used cars in network of business partners. No changes in Slovakia (sAutoleasing SK)
April 17, 2024 | 10:27am CETflashread more
Pokorný: Car Importers Association (SDA) wants to refine statistics of new car registrations in Czechia by segments in 2024 with focus on SUV segment (B-SUV, C-SUV, D-SUV, E-SUV), when some brands have all SUVs in C-SUV report (Alfa Romeo, Cupra, DFSK/Dongfeng, Jaguar, Mazda, Subaru, Škoda)
April 15, 2024 | 12:48pm CETflashread more
Newmatec 2024: ZAP to hold 8th conference on new materials, technologies, innovations in automotive industry in Tále, Slovakia on April 23-24. Representatives of ZAP, Aspen Institute Central Europe, EP (European parliament), Volkswagen Slovakia, Škoda Auto, Jaguar Land Rover (JLR) Slovakia, Kia Slovakia, Volvo Car Slovakia, Schaeffler Kysuce, Ernst & Young (EY), Evolution Ltd, Industry4UM, M2M Solutions, Roriginal, Hikrobot to speak at event
April 15, 2024 | 12:40pm CETflashread more
Sales (deliveries to customers) of battery electric vehicles (BEV) of Volkswagen Group down by 3.3% to 136,400 in Q1 (VW -2.6%; Škoda +12.3%; SEAT+Cupra -24%; VW Commercial Vehicles +29.4%; Audi +3%; Porsche -52.9%; MAN -10.6%; VW Truck & Bus +347.1%; Scania -36.5%; Navistar +330.8%). VW ID.4/ID.5 (34,600 cars), VW ID.3 (26,100), Audi Q4 e-Tron (including Sportback, 22,800), Škoda Enyaq (including Coupé, 14,000), Audi Q8 e-Tron (including Sportback, 9,600), VW ID. Buzz (including Cargo, 7,000), Cupra Born (6,900) were best-selling BEVs. However, incoming orders for BEVs in Western Europe developed positively in Q1. More than twice as many all-electric models were ordered as in same period last year (+154%), so that BEV order bank currently stands at around 160,000 vehicles, automaker said
April 15, 2024 | 12:34pm CETflashread more
Ministry of Transport of Czech Republic to increase number of sections with Safe Distance traffic signs (IP 32, visual form modification from January 1) from 6 to 20 in 2024, despite increasing number of technologies and assistance systems/ADAS integrated in vehicles (adaptive cruise control/ACC, automatic emergency braking/AEB, 2-second distance warning, intelligent recuperation). Reason is effect of reminder advertising and targeting drivers who do not consider failure to maintain safe distance to be dangerous, Kupka explained
April 12, 2024 | 04:32pm CETflashread more
Toyota & Lexus Corporate Mobility Festival 2024: Toyota to hold test event for companies, entrepreneurs in Hradec Králové, Czechia on April 17-18 with presentation of complete portfolio of products, drives, services, activities (cars, 4x4, commercial vehicles, conversions, accessories, Toyota Motor Manufacturing Czech, Kinto One, Toyota Gazoo Racing Czech, Toyota GR, classic cars)
April 12, 2024 | 04:09pm CETflashread more
Sales (deliveries to customers) of Volkswagen Group down by 1.4% in March, up by 3.1% to 2.1 million in Q1 (VW +1.2%, +5.7%; Škoda +0.5%, +5.2%; SEAT+Cupra +8.9%, +10.6%; VW Commercial Vehicles +3.7%, +7.8%; Audi -9.7%, -4.5%; Bentley -17.8%, -28.7%; Lamborghini +8.3%, +0.3%; Porsche -9.8%, -3.9%; MAN -22.7%, -12.3%; VW Truck & Bus +15.5%, -5.1%; Scania -0.5%, +16.8%; Navistar -2%, -14.5%)
April 11, 2024 | 03:24pm CETflashread more
ČSÚ: Car prices in Czechia up by 0.1% m/m in March, down by 2.2% y/y (new: +0.0%, +1.2%; used: +0.1%, -4.5%). Inflation (consumer price index/CPI) in related areas developed differently – motorcycles (+1.3%, -0.4%), spare parts and accessories (+0.1%, +5.2%), fuels and oils (+1.6%, +4.8%), service works (+0.9%, +8.4%)
April 11, 2024 | 03:11pm CETflashread more
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
Changes
Sberbank could withdraw from transaction with Opel
June 29, 2009 | 09:18pm CEToriginalFor GM is constantly changing conditions; a possibility of reverse stock buyout is not up-to-date anymore. There are reportedly no other clients concerned in Opel…
read moreGrant Thornton: Car manufacturers from Europe and Asia to dominate in North America
June 29, 2009 | 08:26pm CEToriginalGM, Ford and Chrysler will according to the study reduce its production capacity by more than 35% by 2012. Other carmakers will increase their production by about 20% to more than...
read moreChinese authorities probably to reject takeover of the US carmaker Hummer
June 29, 2009 | 06:29pm CEToriginalThe problem can be high consumption of the cars Hummer but also insufficient experience of the company Sichuan Tengzhong with car production…
read moreProducer of the cheapest car in the world Tata Motors fell in loss last year
June 29, 2009 | 05:59pm CEToriginalThe company posted out a loss for the first time after eight years mainly due to low demand and loss of the carmaker Jaguar Land Rover. These cars launched market…
read moreAdams: Tatra expects drop of revenues by about 40% this year
June 29, 2009 | 04:55pm CEToriginalThe carmaker wants to dismiss 500 more people due to a drop of orders by the end of the year and to reach a target number of work places...
read moreVolkswagen aims to have major word in merger with carmaker Porsche
June 28, 2009 | 09:06pm CEToriginalVolkswagen plans to gain a 49% share for EUR 3 to 4 billion in Porsche first. Qatar should then buy Porsche options...
read moreAlcoa Fujikura probably ending in Stribro, releasing most of its 730 employees by end of year
June 28, 2009 | 07:58pm CEToriginalAccording to trade unions it is linked to the moving of part of contracts to Romania. The company has still some work for...
read moreMichelin might cancel up to 3,500 jobs in France by 2011
June 26, 2009 | 06:37pm CEToriginalThe company has previously announced a plan for 700 jobs cancellation within the Toul plant closure. Through voluntary redundancies of its employees it intends...
read morePSA increased daily production by 6% in Trnava due to higher demand
June 26, 2009 | 05:18pm CEToriginalAt the same time the plant will dismiss less people this year than suggested earlier. The carmaker also considers prolonging working time or...
read moreEurofound: Scrappage scheme succeeds markedly in Germany only, did not help the rest of EU
June 26, 2009 | 01:17pm CEToriginalThe scrappage scheme has increased demand for cars in Poland too, and Luxembourg slightly. Among others the foundation Eurofond compares Germany to Great Britain...
read moreVolkswagen wants to offer more mini cars in Europe, considering cooperation with Suzuki
June 26, 2009 | 11:39am CEToriginalVolkswagen would provide diesel engines within the cooperation and Suzuki underbody platform. The German carmaker reportedly requires a share in Suzuki amounting to...
read moreHorst Koulen leaves Czech Rep, importer license and number of dealers for sale
June 25, 2009 | 11:33pm CEToriginalThe reason is probably the loss of BMW importer license. AuTec Group has already changed its owner, it was bought by...
read moreToyoda: Toyota to return to profit in two years at earliest, focusing on hybrids in Europe
June 25, 2009 | 06:34pm CEToriginalCarmakers Toyota, Honda and Nissan decreased production by about one third in May. However, Toyota is not planning closures of some plants...
read morePwC: Tire manufacturers’ revenues fell by about 25% this year, recovery to come in 2011
June 25, 2009 | 05:52pm CEToriginalBarum Continental felt a drop in demand for passenger tires by 10% and by 25% at truck tires this year. The situation should improve in Q3 after the start of deliveries for...
read moreFord to reduce number of suppliers to about half
June 25, 2009 | 04:18pm CEToriginalIt intends to continue with the reduction in the following years. This step also relates to the fact that many automotive suppliers...
read moreKPMG: Most managers of world insurance companies expect a growth during next 12 months
June 25, 2009 | 03:08pm CEToriginalExpectations of insurance business are good both in the world and the Czech Republic. Managers expect a natural growth and a growth by...
read moreCEZ: One million electric cars to operate in Czech Rep in 15 years at earliest
June 25, 2009 | 02:18pm CEToriginalBy 2012, there should be 25 models of electric cars on the market. CEZ negotiate with almost all carmakers within the other testing projects…
read moreQatar probably to acquire share in carmaker Volkswagen from Porsche
June 25, 2009 | 01:09pm CEToriginalPorsche is ready to provide option for purchasing a share in Volkswagen to Qatar, according to sources, in an amount of...
read moreNew head of Mazda for Central and South East Europe to become Jerome de Haan
June 24, 2009 | 09:40pm CEToriginalHe will replace Josef Schmid in the post, who has been appointed head of Mazda Motors Deutschland. Thomas Rothe...
read moreGeneral Motors supposedly require Opel redemption option
June 24, 2009 | 09:15pm CEToriginalAccording to the main candidate Magna, the purchase is in the existence of such an option absolutely impossible. The other GM’s conditions are...
read moreIAC Group to buy nine plants of bankrupt German automotive supplier Stankiewicz
June 24, 2009 | 08:36pm CEToriginalThese are plants in Germany, Belgium, Poland and the Czech Republic, where IAC will take over the manufacturer of acoustically insulating components for cars...
read moreKia cee'd facelift: Production to start in mid-July, being presented to public at Frankfurt Motor Show
June 24, 2009 | 06:14pm CEToriginalEven thanks to this, the carmaker will extend working hours in Slovakian plant in Zilina. There will be innovations at cee'd model...
read moreFord, Nissan and Tesla to get loans for eco-cars development from US government
June 24, 2009 | 03:48pm CEToriginalOverall they will reach USD 8 billion from a government fund, containing USD 25 billion. Each carmaker will use the money for...
read moreCEZ aim to put into operation up to 100 electric cars by 2012
June 24, 2009 | 03:29pm CEToriginalNon-profit organizations and public administration will test them within the pilot projects. Besides the environmental aspects...
read moreCar starter manufacturer Magneton being bankrupt
June 23, 2009 | 09:45pm CEToriginalThe company, which mainly supplies the automotive industry, faced the economic crisis and had to dismiss several hundreds of employees...
read more
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