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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
Direct Pojistovna: Czechs go to pub by car, drive drunk, but refusing any tolerance of alcohol while driving
May 6, 2010 | 11:49pm CEToriginalThe number of accidents caused by tipsy drivers is increasing every year. Detailed results of the survey...
read moreCAP and CKP warn drivers in Czech Rep of using non-contracting assistance services
May 4, 2010 | 11:15pm CEToriginalThose are said to intimidate and threaten customers of insurance companies with legal proceedings. According to the assistance service Nehodova sluzba, insurance companies reduce insurance benefits by up to 76%, the most...
read moreKopecky: Generali wants to be number three on insurance market in Czech Rep by 2012
May 4, 2010 | 01:04am CEToriginalCurrent state, market share necessary to this aim, outlook in car insurance in 2010, expansion of cooperation with partners...
read moreEurop Assistance presented assistance programs AutoHelp and DriveCard in Czech Rep and Slovakia
May 4, 2010 | 12:10am CEToriginalThe insurance AutoHelp is tied to a particular car, DriveCard to a specific driver. Differences between the variants Basic and Plus, pricing, sales channels...
read moreCCS: Fuel slightly more expensive in Czech Rep last week, more markedly in Slovakia
May 3, 2010 | 10:59pm CEToriginalPetrol Natural 95 reached CZK 32 per litre at Czech filling stations. Detailed data and analysts' expectations for the next days...
read moreEurop Assistance extended number of corporate partners in Czech Rep and Slovakia
May 3, 2010 | 12:40am CEToriginalBusiness and financial results of 2009, existing and new partners from among insurance companies, leasing companies, carmakers and car dealers...
read moreMilan Houzvic leading car insurance section in Kooperativa as of May 1
May 3, 2010 | 12:26am CEToriginalWithin the company, he has been thus promoted from the regional management to the national one. His predecessor, Jiri Filla...
read moreNumber of CNG vehicles extending among companies and institutions in Prague
May 3, 2010 | 12:13am CEToriginalIn 2010, Prazske sluzby or the car rental service Sixt are about to expand their fleets. Specific plans and other operators of CNG vehicles...
read moreMedia communication of Generali to include more local production in Czech Rep
May 2, 2010 | 11:58pm CEToriginalThe first Czech act is an advertising campaign for mandatory liability Generali Komplet. Details of the strategy, campaign, including TV spots and the highest version Komplet...
read moreExperts: Reason for decline in car insurance market is lower car sales and cheaper insurance
May 2, 2010 | 11:49pm CEToriginalSome insurance companies with very low prices may soon reach the limit of operating efficiency of automobile insurance...
read moreBela Jaskova left SkoFIN after 11 years
May 2, 2010 | 11:37pm CEToriginalIn the company, she held the position of spokeswoman; her successor will be announced next week. Jaskova’s new place of activity...
read moreCP Safety Index: Jihlava had safest roads from regional cities, Tabor from district cities in 2009
May 2, 2010 | 11:16pm CEToriginalA total of 11 district towns with a clean slate in the number of fatalities in H1, worsened in H2. Detailed results of the cities...
read moreKooperativa: Car wash quality rising, drivers are more responsible
May 2, 2010 | 11:02pm CEToriginalIn 2009, the number of claims concerning the vehicle’s damage in the car wash decreased. Results for the last two years, the average amount of damage...
read moreCar insurance market fell by 8.7% in Czech Rep in Q1, damage liability more than accident insurance
April 30, 2010 | 04:52am CEToriginalDetailed results of the insurance companies CP, Kooperativa, CPP, Allianz, Generali, CSOB, Uniqa, Triglav, Wüstenrot, Slavia, Direct, Axa, HVP and Maxima...
read moreDirect Pojistovna: Motorists mostly rely on conventional mechanical car security
April 29, 2010 | 12:35am CEToriginalTheir greatest concerns for the theft of their cars include parking on lightless places and big cities. Details of the IBRS survey...
read moreAllianz offers cheaper damage liability for Prague and surroundings in Q1
April 28, 2010 | 12:42am CEToriginalThe offer is intended for the consumer. The campaign, called the Prague Spring accompanied by the song Pripojistena also covers the counties...
read moreLeasePlan: Czech companies spend too much for operating company cars, they could save up to 15% of costs
April 28, 2010 | 12:20am CEToriginalThe biggest savings can be implemented within the choice of ownership, drive, tires, insurance but also when purchasing fuel and by introducing an electronic log book...
read moreCCS: Fuel slightly cheaper in Czech Rep last week, prices stagnated in Slovakia
April 26, 2010 | 11:28pm CEToriginalPetrol Natural 95 became cheaper by an average of 6 hellers at Czech petrol stations and diesel by 2 hellers. Development this week...
read moreIsuzu Trucks to set out for non-exclusive financing in Czech Rep
April 26, 2010 | 01:25am CEToriginalThe importer has been already agreed with two companies regarding the financing of Isuzu trucks, and there are talks under way with the third one. However, it is not against other partners...
read moreCetelem Barometer 2010: Used-car market in Europe expects rapid growth in coming years
April 23, 2010 | 12:34am CEToriginalDemand for used cars in 2010, share of loyal customers used-car shops, detailed results for the Czech Republic, Slovakia, Hungary, Poland and Germany...
read moreCetelem Barometer 2010: More European households want to buy new car in 2010
April 22, 2010 | 11:39pm CEToriginalMarket of car sales to consumers in 2009, willingness to shop on the Internet, detailed results for the Czech Republic, Slovakia, Hungary, Poland and Germany...
read moreDirect Pojistovna started selling insurance through partners in Czech Rep
April 22, 2010 | 12:55am CEToriginalIt has been focusing on direct sale so far. Initially, it focused on used car dealers, but it aims to reach out to dealers and leasing companies as well. The initial partners are...
read moreVolkswagen Polo in Q2 in Czech Rep: Three offers of favourable financing from SkoFIN and three special equipping packets
April 22, 2010 | 12:08am CEToriginalDetails of the funding programs for double-titled Car of the Year 2010 and equipping packets in the price range of CZK 10,000 to CZK 20,000...
read moreCeska pojistovna made additional insurance for windshield more attractive by repair and settlement of claim on spot
April 21, 2010 | 11:56pm CEToriginalA repair executed Mobile Repair service, including handling the administration takes about an hour. Statistics of CP and options for additional insurance, including pricing...
read moreIsuzu has returned to Czech market with its pickups, Campo replaced by new D-Max
April 21, 2010 | 02:26am CEToriginalThe importer led by Ivan Ruzicka, is now building the dealer network. The first dealer became the Opel and Chevrolet dealer...
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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 8, 2024