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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
Dealers, Service Stations
Opel LCV Restart: Opel wants to increase sales of commercial vehicles in Czech Rep and Slovakia
June 17, 2013 | 06:29am CEToriginalCertification of local conversion firms, professional CV Specialista centres, service contracts, Wurth accessories, Movano 4x4, campaign, roadshow, fleet, sales plan...
read moreFloods in Czech Rep: AAA Auto lent van to Czech Red Cross, put one flooded branch into operation
June 13, 2013 | 11:11pm CEToriginalModel and its use, repeated flood help, location of the affected car centre...
read moreOlfin Car left another city in Czech Rep
June 13, 2013 | 12:27am CEToriginalCurrently, Olfin Car has been operating only in three cities in eastern Bohemia. Location, dealerships of two brands, the new operator...
read moreAuto In further expanded its Ford dealership group
June 11, 2013 | 12:13am CEToriginalIt currently includes 11 sites, when the first partner in Moravia joined the group recently. The dealer’s profile, sales in 2012...
read moreAuto Palace is making major changes in its car centres in Czech Rep
June 5, 2013 | 03:31am CEToriginalThe company ended the sale of some brands in several branches. The locations and brands concerned, available showrooms...
read moreBMW EVs to be sold by only dealer in Czech Rep
June 4, 2013 | 12:37am CEToriginalThat one will also be in charge of one neighbouring market. The dealer, location of the showroom, the prices of i3 EV and i8 PHEV, launch...
read moreAuto Charouz stopped selling one brand
June 4, 2013 | 12:18am CEToriginalThe owner leased the affected showroom. The importer is looking for a new partner for the site now. Brand, location, dealer situation in the region...
read moreAutobond not eventually to open showroom in Brno
June 4, 2013 | 12:09am CEToriginalLeaving the project with a local partner, location, reduction of the multi-brand dealership to a single-brand showroom...
read moreAIM Insurance lost insurance license, now in liquidation
June 3, 2013 | 05:06am CEToriginalThe deadline for submission of claims, the process according to Hungarian law, the situation in the Czech Republic, the new partners of AAA Auto and Cargarant...
read moreAutobond became Ford dealer
May 30, 2013 | 12:23am CEToriginalLocation of the new Ford showroom, opening date, planned expansion of the Autobond portfolio with another brand...
read moreAutobond stopped selling one brand
May 29, 2013 | 11:37pm CEToriginalAt present, Autobond is looking for suitable brands to occupy the empty showrooms. Dealer situation in the affected cities...
read moreOtto Christ: Demand of companies for installation of tunnel washes grows in Czech Rep
May 26, 2013 | 11:23pm CEToriginalInvestment versus capacity, textile washes as a marketing tool, business results in the Czech Republic, clients such as Emil Frey or Skoda Auto...
read moreAAA Auto wants to recruit 100 people, in call centre and branches
May 26, 2013 | 11:06pm CEToriginalOffered jobs mainly in the Czech Republic, opening of new AAA Auto and Mototechna branches...
read moreMini Young Professionals: Mini offers discount on new car to young professionals working in services in Czech Rep
May 22, 2013 | 12:44am CEToriginalThe affected models, professions, discounts, conditions, validity of the campaign, an application on Facebook...
read moreKia wants to expand dealer network in Czech Rep
May 20, 2013 | 11:37pm CEToriginalThe importer is looking for a partner who will open another dealership in Prague. Requested location, dealer situation, potential, past negotiations...
read moreIIR to hold Lean and Efficient HR conference in Prague in June
May 20, 2013 | 02:10am CEToriginalThe conference will be followed by a workshop on the pension reform. The event will also have speakers from AAA Auto, CEZ, KPMG or UniCredit...
read morePetr Taborsky moved to new position within Auto Charouz division
May 15, 2013 | 04:25am CEToriginalJan Fechtner became the new Managing Director of the Jaguar and Land Rover dealership of A. Charouz Motors. Taborsky’s new challenges...
read morePSA Finance started to provide nonpurpose consumer credits in Czech Rep – in form of cashback
May 7, 2013 | 03:23am CEToriginalCredit product Citroen Cashback, cash instead of discounts and bonus on car, terms, validity, extension of the concept of AAA Auto, open days...
read moreTygr Centrum/Car for You became Opel dealer, opened showroom in Pardubice
May 5, 2013 | 11:09pm CEToriginalThe company then entered the second city in the Czech Republic. Location, experience with the brand, leased showroom, dealer situation in the city...
read moreAutosalon Klokocka offers extended warranty of 2 years for new car until end of 2013
May 5, 2013 | 10:59pm CEToriginal25th anniversary of the company, service spring action for CZK 25, affected brands...
read moreHyundai Centrum Praha wants to sell several hundred cars in 2013
May 2, 2013 | 05:13am CEToriginalResults in Q1 of this new Czech dealer, the plan for 2013, Audi dealership recovery, timing...
read moreAAA Auto increased car sales by 2.5% in Q1
May 1, 2013 | 10:18pm CEToriginalGrowth in revenues from the sale of cars and financial services, decline in profit and reasons, increased spending on advertising, funding penetration, the outlook for the next 12 months...
read moreAuto Enge opened second Volkswagen branch in Czech Rep
April 29, 2013 | 05:55am CEToriginalThis Auto Charouz group’s dealer has entered Prague. Location, scope of services, business results...
read moreAuto In became Nissan dealer, opened showroom in Pardubice
April 29, 2013 | 05:33am CEToriginalThe company has thus expanded its portfolio with a second brand. Location of the showroom, website, dealer situation in the region...
read moreStarlife to renew part of its fleet with new brand – Peugeot
April 25, 2013 | 06:25am CEToriginalModels and number, form and length of financing, supplier, collaboration of Peugeot and Starlife within two charitable projects, the total fleet size, brands and models...
read more
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SELECTED FLASH NEWS
Fischer Surface Technologies (manufacturer of chrome-plated plastic parts for interior...
In referendum in October 2021, residents of Třemošnice, Czechia expressed their opposition...
Cebia establishes cooperations with automakers in field of motor vehicle approval process...
Miloslav Pavlas senior, Miloslav Pavlas junior's Kovolis Hedvikov Holding (owner of...
Plastika (manufacturer of plastic parts for automotive, electrical industries with 580...
Auto Motol Beni/AMB Praha (MVC Automotive Group; Ford dealer in Ořech near Prague...
Kaufland (Schwarz Group) to invest over CZK 2 billion (EUR 83 million) in expanding...
Arrogance Equipment/Trim: ČSOB Poisťovňa launched campaign in Slovakia for car insurance...
JLR You Owe Us: Milberg London filed group action against Jaguar Land Rover (Tata Group)...
Formel D (3i Group 57.93%, CITIC Capital 23.78%; service provider for automotive, supply...
Letoplast (manufacturer of plastic parts for automotive, other industries with 320...
Energy crisis, ESG: Gumotex (manufacturer of rubber, plastic products with 1,700 employees...
Volvo Cars started publishing in car configurators in some countries (UK, Germany)...
Škoda Auto to expand existing Emissions Centre South in Mladá Boleslav, Czechia in area of...
Toyota Tsusho (Toyota, Lexus dealer in Prague, Czechia) to build Toyota Professional...
Certina Group acquired PAL (manufacturer of wipers for Volkswagen, Škoda Auto, Audi, SEAT...
Jaguar Land Rover started publishing in car configurators in some countries (UK) delivery...
ESG, e-Mobility: CB Auto (Volkswagen, SEAT, Škoda, VW Commercial Vehicles, Mazda, Kia...
Škoda Auto introduced system in Czechia enabling dealerships/service centers to invest in...
CarGarantie became partner of Mobile.de (Adevinta Group) for online purchase of used cars...
Bártek: Servind planns significant expansion of headquarters in Tuchoměřice near Prague...
Autorola signed new 4-year contract with BMW Group to build closed B2B platform in Europe...
SELECTED ARTICLES
Czech antitrust authority imposed fine on two car dealers for cartel
Shandong Linglong Tire wants to build two more plants, one in Europe
Chassix wants to build plant in Eastern Europe
SaarGummi plans further investment in Czech Rep
Samsung looking for suppliers on new type of EV batteries
King Long expands in Europe, established partner for Czech Rep and Slovakia
Toyoda Gosei to increase production in Europe
Kirchhoff Automotive looking for new suppliers
Hyundai expands operations in Central Europe
Uni Gasket to expand production in Europe
Vision & Strategy 2025: Brose to make global competence centre from Ostrava
Brano aims to develop its own electric vehicle, later might start producing it
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Source: ECB, May 9, 2024