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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
JATO Dynamics: Germany (20% share in total registrations in Europe) was largest supplier (assembly origin) of new cars for European market in January-February, followed by Spain (14%), Czechia (9%), France (7.9%), Slovakia (4.9%), Japan (4.6%), UK (4.5%), Turkey (4.3%), China (4%) and others (27%). As for battery electric vehicles (BEVs), order is different – Germany (33%), China (20%), Spain (7%), Czechia (5.5%), France (5.1%), Japan (3%), UK (1.6%) and others (24%). Approximately 44% of all volumes of made-in-China cars imported by Western brands including Tesla, Volvo and Dacia, while 40% by MG and 16% by other Chinese brands, Munoz pointed out
April 3, 2024 | 09:40am CETflashread more
MOVE 2024: MTP to hold international mobility congress at Motor Show in Poznań, Poland on April 4. Representatives of Volkswagen Group Polska, Volkswagen Poznań, Audi, Scania Polska, MAN Truck & Bus, Daimler Truck Polska, Iveco Poland, Volvo Trucks Poland, Stellantis, Volkswagen Financial Services, Polenergia eMobility, mPower, High Yield Battery Fab (HYBF), Wielton, Umicore Battery Materials Poland, Intel Poland, Ionway, PKN Orlen, ARP e-Vehicles, Durapower, Bergman Engineering, Bain & Company, Claritas Investments to speak at conference
March 29, 2024 | 01:56pm CETflashread more
JATO Dynamics: Electric / electrified vehicle sales in Europe (28 countries) up by 10.7% to 202,940 units (130,672 BEVs, +10%; 72,268 PHEVs, +12%) in February, representing 20.5% share in total registrations (penetration, +0.1pp). Tesla Model Y (19,940 cars, +8%) was best-selling battery electric vehicle (BEV), followed by Tesla Model 3 (7,912, +71%), Peugeot 208 (5,322, +31%), MG4 (5,231, +93%) and Volvo XC40 (4,604, +6%). Volvo XC60 (4,341, +38%) was best-selling plug-in hybrid (PHEV), followed by Ford Kuga (3,178, -6%), BMW X1 (2,654, +105%), Mercedes GLC (2,462, +75%) and Audi A3 (2,286, +193%)
March 29, 2024 | 01:46pm CETflashread more
Financial Companies
Automobile insurance from Slavia can be arranged at selected Sazka terminals from August
August 12, 2010 | 03:44am CEToriginalAt all Sazka terminals in the Czech Republic customers can pay premiums. Only accident insurance cannot be arranged at Sazka terminals...
read moreFiat provides car safety inspection for CZK 99/EUR 3.99 in Czech Rep and Slovakia by end of September
August 10, 2010 | 02:59am CEToriginalAt the same time, it has introduced a helpdesk LongAssist from the Europ Assistance. A discount of 20% on selected components of the braking system, LongAssist for free...
read moreCCS, Natankuj.sk: Fuel prices in Czech Rep fell again last week, stagnating in Slovakia
August 10, 2010 | 02:10am CEToriginalPetrol and diesel at Czech filling stations became identically cheaper, i.e. by 23 hellers, the difference is still around CZK 1. Analysts’ expectations for this week...
read moreUniCredit Leasing agreed on brand financing for Hyundai cars in Czech Rep
August 8, 2010 | 11:58pm CEToriginalAs for UniCredit Leasing, it is its 14th cooperation on the brand financing, for Hyundai the third financial partner. Current special offer...
read moreSrba Servis began selling cars through online auctions
August 8, 2010 | 11:51pm CEToriginalThe auctioned vehicle may be purchased in the form of funding from Credium as well. The planned auctions in 2010, the earliest auction...
read moreOpel introduced a warranty unlimited in time with limit of 160,000 km in Germany and UK
August 8, 2010 | 11:26pm CEToriginalAfter 50,000 km, however, the carmaker’s participation in the warranty repair keeps decreasing. Transferability, exceptions, other markets, the Czech Republic and Slovakia...
read moreFormer Citroen and Mitsubishi dealer Auto H.B. preparing sale of another brand
August 6, 2010 | 03:13am CEToriginalHowever, the company must deal with second insolvency proceedings at present. Creditors, the amount of debt, previous bankruptcy proceedings...
read moreInsurance companies in Czech Rep: Volume of detected frauds rose by tens of percent in H1
August 6, 2010 | 02:24am CEToriginalMost of the frauds fall on the accidental insurance, followed by damage liability and property insurance. Details of insurance companies...
read moreMartin Mitterwald left LeasePlan after 13 years
August 5, 2010 | 01:10am CEToriginalThe post of the Czech branch general manager is now vacant; as for the position of executive head, it has been taken by the chief of the Polish branch. Reasons for leaving...
read moreCompetencies and duties of Martin Kofron in SkoFIN and CLFA to be taken over by his colleagues
August 4, 2010 | 03:46am CEToriginalIn CLFA it will be Jirina Tapsikova, in SkoFIN Tamara Janouskova and Ivana Hercova. Another direction of Kofron...
read moreCCS: Fuel prices in Czech Rep dropped last week
August 3, 2010 | 12:12am CEToriginalPetrol Natural 95 discounted on average by 16 hellers and diesel by 11 hellers. In m/m and y/y comparison...
read moreAutomobile insurance market down by 6% in H1, accident insurance more than damage liability
July 29, 2010 | 12:51am CEToriginalThe ratio between premiums and the number of contracts, according to CAP, suggests a revival of car sales, especially of those expensive. Detailed results of insurance companies...
read moreInsurance companies will apparently pay fire-fighters in Czech Rep for cleaning after accidents
July 28, 2010 | 11:49pm CEToriginalThe claim amount will be drawn from damage liability or from the guarantee fund of CKP. Initiation of the force, prices of liquidation works, one of the regions as an example...
read moreMitsubishi prepared service program Bonus+ for older cars in Czech Rep and Slovakia
July 28, 2010 | 12:18am CEToriginalDiscount on spare parts for cars from 5 years of age, alternative and recovered parts, extended warranty from CarGarant, helpdesk from Mondial Assistance, free online service...
read moreSkoFIN offers deferred payment or repayment for 6 months for VW commercial vehicles
July 27, 2010 | 11:39pm CEToriginalThe interest-free loan for 6 months called the VW Odklad (Deferment) is available for models Caddy, Transporter and Crafter at the advance payment from...
read moreCCS, Natankuj.sk: Fuel prices in Czech Rep fell slightly last week, kept stagnating in Slovakia
July 26, 2010 | 11:24pm CEToriginalPetrol at Czech filling stations went down by 5 hellers and diesel by 8 hellers. Analysts’ outlook for this week...
read moreGM to restore financial division by acquisition of AmeriCredit
July 25, 2010 | 11:45pm CEToriginalDealers in the U.S. have complained that due to strict credit requirements of companies in the market and the lack of the carmaker´s captive company have been losing customers. Details in the U.S. and Europe...
read moreInsurance companies in Czech Rep: Despite drop of fatalities in H1 amount of damage still not falling
July 21, 2010 | 12:46am CEToriginalIt is caused by the high damage. Insurance companies, however, do not expect to raise the damage liability or accident insurance...
read moreNissan in Q3: Discounts on selected models, financing with 0% increase to 60 months, 2% discount on purchase in part exchange
July 20, 2010 | 04:13am CEToriginalThe Qashqai has become cheaper by CZK 17,500, X-Trail by CZK 40,000. On the contrary, the Note has become slightly more expensive, the discount on the Navara pickup is minor...
read moreDalibor Komarek left Home Credit after 8 years
July 20, 2010 | 03:58am CEToriginalHe has been replaced in the post of the head for marketing communications in the Czech Republic and Slovakia by Cyril Krupala who came into the Home Credit from the company...
read moreCeska podnikatelska pojistovna launched second phase of Internet insurance
July 20, 2010 | 03:37am CEToriginalMojeCPP offers services at the level of Internet banking. Possibilities of the new application extend the previous version launched in late 2009...
read moreCCS Natankuj.sk: Fuel in Czech Rep became cheaper last week; unchanged in Slovakia
July 20, 2010 | 03:16am CEToriginalPetrol at Czech filling stations went down by an average of 17 hellers and diesel by 18 hellers. Reasons for the drop in prices and analysts' expectations for this week...
read moreToyota Financial Services offers free car insurance for new Toyota Yaris in Q3 in Czech Rep
July 20, 2010 | 02:41am CEToriginalThe offer applies when buying a car in cash and on credit. The customer can save around CZK 11,000. Current number of active contracts...
read moreVaclav Balek to leave Ceska pojistovna, reputedly to Allianz
July 15, 2010 | 03:38am CEToriginalSpokeswoman Pavla Pasekova left Allianz insurance company in late June. Tender, new Pasekova’s place of work...
read moreRCI Financial Services became member of Solus register of defaulters
July 15, 2010 | 03:19am CEToriginalHowever, the number of members has not been increased since the companies s Autouver and s Autoleasing were merged in Q2. Current member base...
read more
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