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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
Martin Kofron to leave SkoFIN after 14 years and thereby also management of CLFA
July 14, 2010 | 04:23am CEToriginalKofron is a proxy and the head of SkoFIN legal department as well as the chairman of CLFA. Reasons and date of his departure…
read moreCeska sporitelna merged subsidiaries engaged in auto financing
July 14, 2010 | 12:41am CEToriginalIt is the leasing company s Autoleasing and the loan company s Autouver. Details of the merger…
read moreMazda 50:50: One-year interest-free loan from Credium with two payments received damage liability for CZK 1 per month from July
July 13, 2010 | 11:47pm CEToriginalThis expanded menu has been prepared with Ceska pojistovna. Other conditions of this offer have been preserved…
read moreCCS, Natankuj.sk: Fuel prices stagnated in Czech Rep and Slovakia last week
July 13, 2010 | 11:23pm CEToriginalThe difference between petrol and diesel thus amounts to CZK 1. Current prices and analysts' outlook for this week...
read morePR Attack began providing marketing and media communications for SkoFIN
July 13, 2010 | 01:07am CEToriginalThis service had been externally ensured by Bela Jaskova until the end of April. Pillars of the new communication strategy, PR Attack’s clients…
read moreMichal Slajs became new manager for SkoFIN’s fleet and VIP customers
July 12, 2010 | 02:20am CEToriginalSlajs has assumed this position after Jan Kloud, who was promoted to the position of a marketing director in April. He came to SkoFIN from the company...
read moreRenault and Dacia in July: Megane/Megane Grandtour discounted by CZK 20,000, Clio by CZK 15,000, Sandero by CZK 10,000
July 12, 2010 | 01:29am CEToriginalOn the contrary, the Grand Modus and the Koleos have become more expensive. Extended warranty for some models on lease/credit has a lower limit by 50,000 km now...
read moreSkoFIN launched microsite with current offer of financial products and calculator
July 12, 2010 | 01:00am CEToriginalCurrent products of Skoda TSI Start, VW half, VW suspension, Light; insurance, additional insurance and assistance; support through Facebook and e-cards...
read moreAles Polak moved from GE Money Auto to Arval
July 8, 2010 | 01:43am CEToriginalPolak had been working at the GE Money Auto since 2001, most recently as a board member with responsibility for product and dealer management. His predecessor, Marek Pichal…
read moreCCS: Fuel prices in Czech Rep slightly declined last week
July 8, 2010 | 12:39am CEToriginalPetrol Natural 95 discounted by an average of 2 hellers, diesel by 3 hellers. In the m/m and y/y comparison…
read moreMitsubishi wants to sell 30,000 ASX cars in Europe in 2010, 500 in Czech Rep and 200 in Slovakia
July 1, 2010 | 11:46pm CEToriginalDevelopment in the C-SUV/crossover segment, engines, start-stop, dual-clutch gearbox, equipment and prices, the boot action, warranty...
read moreEurop Assistance: Electric cars, software repairs at distance and eCall to change field of automobile assistance
July 1, 2010 | 10:13pm CEToriginalCar warranties, according to the company, will penetrate into unauthorized networks, service contracts into the non-premium segment for an extra fee…
read moreOpel wants to increase market share in Czech Rep to 5% by 2013
July 1, 2010 | 09:57pm CEToriginalOptimized supply and reduced prices by up to CZK 20,000 should contribute to it. New prices from July 1, financing options...
read moreGE Money Auto: Used car prices dropped by 20% y/y, in some cases by more than 30%
June 29, 2010 | 05:08am CEToriginalHowever, the used car dealers do not expect further drop in prices. Majority of people buy cars to CZK 150,000 using the funding...
read moreCCS, Natankuj.sk: Fuel prices rose in Czech Rep last week, only slightly in Slovakia
June 28, 2010 | 11:42pm CEToriginalPetrol sold at filling stations in the Czech Republic became more expensive on average by 14 hellers, diesel by 19 hellers. Analysts’ outlook for this week...
read moreGonow expands production in China, planning expansion in Europe
June 28, 2010 | 02:59am CEToriginalContemplated warehouse of cars and parts in the Czech Republic, cooperation with Axa Assistance in Italy, the expected interest in pickups and SUVs, extension of the range of models from two to four...
read moreEurop Assistance started to provide assistance services for Nissan commercial vehicles in Central Europe
June 28, 2010 | 02:16am CEToriginalThe cooperation relates to special assistances for trucks over 3.5 tonnes in several European countries including the Czech Republic and Slovakia...
read moreSlavomir Rozman left Defend Group
June 28, 2010 | 01:37am CEToriginalHis successor has not been appointed yet, competences have been taken over by the marketing manager Alice Machackova...
read moreNew partners Auto Esa and Direct Pojistovna prepared summer competition for scooter
June 27, 2010 | 11:57pm CEToriginalParticipation in the competition is not bound to used car purchase, but only to car insurance conclusion. The scooter’s brand, competition question...
read moreDirect Pojistovna came with bonus protection insurance for claims-free record to Czech market
June 24, 2010 | 03:40am CEToriginalThis additional insurance can be arranged to accident insurance as well as to damage liability; within the current offer it is free of charge. Details...
read moreAudi Light from SkoFIN: 0% increase when funding with initial payment above 50% for contracts up to 3 years
June 24, 2010 | 03:14am CEToriginalAll options of financing include insurance from Allianz with the option to add GAP insurance or insurance of legal protection. Details of the new product...
read moreKooperativa moved part of communicate with its clients on Internet
June 24, 2010 | 02:38am CEToriginalOn the website of the insurance company, customers may newly view data in the insurance contract, or make some changes. Possibilities of the new application...
read moreFiat to take control of Chrysler Group's sales activities in Europe
June 23, 2010 | 02:20am CEToriginalThis will mean changes for importers, dealers and financing. The junction of dealer networks of Chrysler and Lancia, brand financing by FGA Capital...
read moreCCS, Natankuj.sk: Fuel prices in Czech Rep stagnated last week, up in Slovakia markedly
June 22, 2010 | 11:22pm CEToriginalCurrent prices in both countries, price movements, expected developments this week, analysts...
read moreSkoda Auto changed conditions of used cars’ sales to employees, trying to eliminate unfair business
June 22, 2010 | 02:04am CEToriginalCurrently, the employees may buy a used car for the same price as the contract merchants. Pricing, financing from SkoFIN, compensation of interests...
read more
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