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Trešl: Hyundai considered deploying Xcient hydrogen trucks/tractors (FCEVs) to transport components (transmissions/gearboxes, batteries, engines) between Nošovice, Czechia (Hyundai Motor Manufacturing Czech) and Žilina, Slovakia (Kia Slovakia), but there is lack of nearby source of green hydrogen
March 27, 2024 | 11:52am CETflashread more
eFleet Day 2024: Slovak Electric Vehicle Association (SEVA), MôjElektromobil.sk to hold 3rd conference on EVs in company fleets in Šamorín near Bratislava, Slovakia on April 10, test drives with more than 40 BEV models (Hyundai, Mercedes, Kia, Škoda, Iveco, Alfa Romeo, Citroën, Dacia, DS, Jeep, Fiat Professional, Ford, MG, Nissan, Opel, Peugeot, Renault, Volvo, Voltia), presentation of charging solutions (Shell, ZSE Drive, EES, Pixii, Siemens). Representatives of SEVA, Slovenské elektrárne, ČSOB Leasing, Kia Sales Slovakia, Škoda Auto Slovensko, ZSE Drive, D-Tax, Mercedes-Benz Slovakia, Shell Fleet Solutions, Hyundai Motor Slovakia, Voltia, GreenWay Infrastructure, 3Mon, Pixii, eJoin, Greenlogy, OMV to speak at conference
March 27, 2024 | 11:44am CETflashread more
AutoSAP: Car production in Czechia up by 27.8% y/y in February (Škoda+SEAT +12.3%, Hyundai -5%, Toyota +1,609%). Buses (Iveco -1.9%, SOR -40%, Škoda Electric 0 units), motorcycles (Jawa +120%) successful differently. Not only January but also February vehicle production figures surpass best pre-crisis results in absolute terms. Despite shortages of some components or reports of economic slowdown, automotive industry continues to support Czech economy, Petzl said
March 27, 2024 | 11:36am CETflashread more
Office for Protection of Competition (ÚOHS) began to assess transaction where AutoWallis Group (SsangYong distributor in Czechia, dealer of BMW cars and motorcycles and Mini vehicles in Hungary and Slovenia, representative of total of 23 brands in 16 countries of Central and Eastern Europe/CEE; revenues of HUF 366 billion/EUR 925 million and sales of 44,909 vehicles in 2023) acquires NC Auto (BMW dealerships, BMW Motorrad and Mini service centers in Hradec Králové, Prague and Pardubice, Czechia detached in 2023 from Stratos Auto – Iveco and Kia dealer in Hradec Králové; sales of 737 new and used BMW cars in 2023, +13.4%) from founder (Martin Strakoš)
March 26, 2024 | 10:48am CETflashread more
Supplier for Car of the Year 2024 in Czech Republic: 17 companies supply components (boot/trunk linings, jacks, chocks, ratchets, tyres/tires, washer hoses, carpets, high-strength bolts, door locks and pullers, axle springs, seals/gaskets, electric parking brakes, electric water pumps) for Mercedes-Benz E-Class (W214) from Czechia (Autoneum, Brano, Continental, Fehrer, Gumárny Zubří, Gumotex, Kamax, Kiekert, KS Kolbenschmidt/Rheinmetall, Mubea, Plastika, SaarGummi, S.N.O.P./Snop, Strojmetal, THK, Vitesco Technologies, ZF), AutoSAP said. Kiekert-CS supplies GL2.1 locks from Přelouč, THK Rhythm Automotive Czech pillow ball joints (PBJ) from Dačice
March 26, 2024 | 10:40am CETflashread more
ACEA: New car registrations in EU up by 10.1% in February (Volkswagen +9.8%; Stellantis +12%; Renault +5.8%; Toyota +16.8%; Hyundai +2.3%; BMW +3.3%; Mercedes-Benz -4%; Ford -16.9%; Volvo Cars +40.4%; Tesla +15.2%; Nissan +20.6%; Suzuki +55.9%; SAIC Motor +88.1%; Mazda +0.02%; Jaguar Land Rover +5.1%; Mitsubishi +141.1%; Honda +44.1%), individual fuel/power types successful differently (BEV +9%, PHEV +11.6%, HEV+MHEV +24.7%, FCEV+NGV/CNG+LPG+biofuel/ethanol +11.2%, petrol +6.1%, diesel -5.1%)
March 26, 2024 | 10:26am CETflashread more
Automotive Functional Safety Week 2024: Automotive IQ (IQPC) to hold conference on implementation of ISO 26262, SOTIF (safety of the intended functionality) in development of vehicles with regard to current topics (L3+ autonomous driving, software-defined vehicles, artificial intelligence/AI and machine learning-based applications, open-source software) in Berlin, Germany on April 15-18. Representatives of Volkswagen, Bugatti Rimac, Audi, Iveco, Geely, Volvo Autonomous Solutions (Volvo Group), Automobili Pininfarina, Woven by Toyota, Valeo, ZF, Bosch, Horiba Mira, Aptiv, CARIAD, Continental, NXP Semiconductors, Vitesco Technologies, G2 Recruitment, Ansys, Renesas Electronics, Eatron Technologies, Onsemi to speak at event
March 22, 2024 | 10:46am CETflashread more
Tomáš Knespl left ČEZ, joining Smart4smart (distributor of Etrel/Landis+Gyr charging stations in Czechia; customers: Mercedes-Benz Czech Republic, Hyundai Motor Czech, BMW, ČEZ, Komerční banka, Škoda Auto, Eurovia, Vodafone, Ministry of Environment, Jaguar; over 1,300 stations delivered since 2014)
March 22, 2024 | 10:32am CETflashread more
Sales (deliveries to customers) of Volkswagen Group down by 1.1% in February (VW -1.7%; Škoda +9.3%; SEAT+Cupra +22%; VW Commercial Vehicles +13.9%; Audi -13.4%; Bentley -34.4%; Lamborghini -14.3%; Porsche -7.2%; MAN -4.2%; VW Truck & Bus -15.7%; Scania +24.6%; Navistar -20.9%)
March 22, 2024 | 10:26am CETflashread more
Central and Eastern European (CEE) Automotive Forum 2024: Notus Events wants to resume automotive conference with matchmaking (B2B) meetings in Budapest, Hungary after Adam Smith Conferences after three years (7th year in 2021), moving 8th year from April 10-11 for 2025
March 20, 2024 | 01:38pm CETflashread more
ČSÚ: Car prices in Czechia down by 0.2% m/m in February, by 2.8% y/y (new: +0.4%, +1.7%; used: -0.7%, -5.6%). Inflation (consumer price index/CPI) in related areas developed differently – motorcycles (-0.2%, -2.8%), spare parts and accessories (+1.7%, +5.6%), fuels and oils (+4.3%, +1.2%), service works (+1%, +8.2%)
March 18, 2024 | 04:51pm CETflashread more
GlobalData confirmed 2024 Western European new car sales outlook at 12.1 million (+4.7%)
March 18, 2024 | 04:44pm CETflashread more
Financial Companies
CarGarantie expands in Europe, to enter other four countries in 2010
March 18, 2010 | 02:08am CEToriginalThe growth in existing markets keeps going on. Since 2007, to the brands Opel, Chevrolet and Renault in the Czech Republic and Slovakia were added co-operations with importers...
read moreChevrolet expects slight sales decrease in Czech Rep in 2010
March 18, 2010 | 01:46am CEToriginalIn 2009, the brand’s sales on the Czech market grew by 6% and its market share increased by 0.5 percentage points. This year’s sales will be supported...
read moreJaroslav Besperat promoted to post of CEO in Ceska podnikatelska pojistovna
March 17, 2010 | 02:47am CEToriginalHe has taken over the office from Jakub Strnad, who became the head of Allianz insurance company in the Czech Republic in February...
read mores Autoleasing offers free accommodation to each lease or credit agreement from March
March 17, 2010 | 12:27am CEToriginalThe client receives a travel card which entitles him/her to free accommodation in European hotels for the duration of the contract...
read moreCarGarantie filled post of head for Europe, Hugues Chatelain has been appointed
March 17, 2010 | 12:10am CEToriginalHe has previously worked for Renault Austria as a head of customer services. The re-establishment of this function is related to...
read moreCredium acquired seventh brand to brand financing portfolio
March 16, 2010 | 03:08am CEToriginalThe existing co-operations relate to both retail and wholesale financing in the Czech Republic and Slovakia. The company is holding talks about another two...
read moreWustenrot pojistovna increased premiums by 27.4% in 2009
March 16, 2010 | 01:15am CEToriginalThe insurance company, specializing in non-life insurance, increased the number of concluded contracts by 12.5% last year. The number of active contracts at the end of the year...
read moreVolume of loans provided by Cetelem fell by 28.7% in Czech Rep in 2009
March 16, 2010 | 12:23am CEToriginalHowever, the decline of financing of passenger cars and commercial vehicles was more dramatic—by 62.1%. Over 12% of clients borrowed to buy a car...
read moreCCS: Fuel prices in Czech Rep rising three weeks in a row, up in Slovakia as well
March 16, 2010 | 12:11am CEToriginalPetrol Natural 95 went up by 27 hellers on average, diesel by 11 hellers at the Czech petrol stations. This week’s development...
read moreTwo importers finalizing preparations for Isuzu pick-ups and medium-sized trucks entrance to Czech Rep
March 15, 2010 | 03:19am CEToriginalAt the same time, sales of pick-ups will also start in Slovakia, trucks will follow later. Prices, specifications, dealer network, brand finance...
read moreMatula (UniCredit Leasing): February and March show slight recovery in car segment
March 15, 2010 | 02:50am CEToriginalThe company expects growth in operating leases this year and wants to offer it to private individuals. It will deepen cooperation with the bank...
read moreCSOB Pojistovna: Number of claims in non-life insurance increased by 5% in 2009
March 15, 2010 | 01:42am CEToriginalThe largest part has been created by damages from the motor insurance, namely 55%. The course of the number of claims corresponds with the statistics of insurance frauds...
read mores Autoleasing started to offer financial leasing with residual value
March 15, 2010 | 01:00am CEToriginalThe company is therefore responding to the decline in interest in finance leases. Advantages of the residual value and possibilities of product parameters’ choosing…
read moreNumber of road accidents reported to Generali grew more slowly than amount of their losses in 2009
March 15, 2010 | 12:35am CEToriginalInsured losses of vehicles with a damage to and over CZK 100,000, the proportion of damage liability and accident insurance, results in different regions...
read moreCredium concluded 11,779 new contracts in 2009, branded financing constituted 20% of contracts
March 11, 2010 | 10:00pm CEToriginalThe company, focusing on financing of vehicles, increased penetration of the Fiat Group brands. The structure of segments, financial products, customers, car brands...
read moreUniCredit Leasing concluded 16,300 contracts on financing of vehicles under 3.5 tonnes in Czech Rep in 2009
March 11, 2010 | 08:44pm CEToriginalThe share of contracts resulting from branded funding exceeded 60%; six cooperation agreements were added. Loan financing strengthened further on...
read moreHavex continues to expand in Czech Rep, took over another dealer
March 11, 2010 | 02:46am CEToriginalHavex has had seven Skoda showrooms in eastern Bohemia so far and has now acquired stake in a car dealer of other brands and outside the region…
read moreAfter power companies electric cars to be tested also by leasing companies
March 11, 2010 | 02:24am CEToriginalCitroen has already had several orders for its electric car C-Zero, its market introduction is planned in Q4 2010...
read moreSlovak leasing market declined by 45.3% in 2009, number of new contracts by 35.6%
March 11, 2010 | 01:19am CEToriginalIn 2010, the Slovak Association of Leasing Companies expects market growth of 5 to 10%, which should help...
read moreProtection of applicants for loans to be increased in Czech Rep as of 2011, Senate to asses bill now
March 10, 2010 | 11:55pm CEToriginalThe new standard should lead to much more responsible leasing and lending. However, a number of consumer credit providers will not be affected by the new Law...
read moreMitterwald (LeasePlan): Operating lease market in Czech Rep to stagnate in 2010
March 9, 2010 | 02:02am CEToriginalMany companies, according to Mitterwald, are extending existing contracts for operating leases in times of the crisis instead of purchasing new cars...
read moreInsurance company Direct offers free two-month car insurance in March
March 8, 2010 | 11:38pm CEToriginalFor those interested in the action offer with the commitment for another insurance company, Direct offers the possibility of postponing the beginning of insurance for up to five months...
read moreCeska pojistovna: Number of company cars’ accidents rose in 2009, number of damage liability claims decreased
March 8, 2010 | 11:05pm CEToriginalBonus system in combination with attentive liquidators and detectives is according to the CP deterring motorists from trying to cheat...
read moreCCS: Fuel prices continued to grow in Czech Rep last week, went up in Slovakia too
March 8, 2010 | 10:40pm CEToriginalPetrol Natural 95 became more expensive at the Czech petrol stations by 36 hellers, diesel by 26 hellers. This week, analysts expect...
read moreCitibank and insurance company Direct agreed to cooperate in Czech Rep
March 8, 2010 | 12:49am CEToriginalThe partnership will bring customers of both companies a number of advantages like cheaper car insurance or a discount on Shell fuels...
read more
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