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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
CEO of Allianz pojistovna Miroslav Tacl reportedly to have been withdrawn
October 7, 2009 | 11:23pm CEToriginalThe reason should be personnel disagreements among board members. Tacl rejected to comment on anything. He should stay at the head of the insurance company until…
read moreCCS: Prices of driving fuel coming down for seventh week in a row in Czech Rep, only petrol cheaper in Slovakia
October 7, 2009 | 09:42am CEToriginalDuring this week the cuts in prices should be stopped at Czech filling stations. Price of petrol should stagnate, and considering diesel…
read moreMakro started offering financial products of Allianz and Essox in its wholesale markets
October 4, 2009 | 06:14pm CEToriginalAdvantageous services under the title Minsurance and Mprofinance also cover car insurance…
read moreDavid Keller back in AAA Auto after several years in Santander
October 4, 2009 | 03:36pm CEToriginalHe became a new sales head in AAA Auto as of October 1. Petr Suchanek, who has been in charge of sales in AAA Auto so far...
read moreKomercni banka and Ceska pojistovna agreed on mutual sale of products
October 4, 2009 | 02:08pm CEToriginalThe contract has been concluded for five years with possibility of an option on extension. The bank thus started offering damage liability and accident insurance from the insurance company…
read moreAAA Auto offering a discount of CZK 20,000 to 50,000 for a car purchase by leasing or credit by end of October
October 1, 2009 | 10:55am CEToriginalThe level of discount is directly proportional to car value and duration of repayment. Penetration of financial services provided by AAA Auto now reaches…
read moreGE Money Auto offering free capacity insurance to credit for car purchase by end of year
September 30, 2009 | 11:20pm CEToriginalGE Money Auto has been offering capacity insurance since 2000 already. Insurance for the credit autoCredit Jistota is provided by the French insurance company...
read moreCCS: Driving fuel in Czech Rep becoming cheaper for sixth week in a row
September 29, 2009 | 04:24pm CEToriginalPrices of driving fuel are stagnating in Slovakia. This week at Czech filling stations...
read moreMatula (UniCredit Leasing): Leasing dropped at beginning of year, no changes this year any more
September 29, 2009 | 01:08pm CEToriginalFinancial leasing has been though revived due to tax legislative changes, according to him. Used car market works so the cars that are not being paid up...
read moreCredium agreed to cooperate with another carmaker in Czech Rep, starting Hyundai cars’ financing
September 24, 2009 | 01:52am CEToriginalHyundai customers may choose between financing through long-term partner CSOB Leasing or a new company Credium. The new cooperation will be presented under the brand...
read moreCCS: Fuel prices continued decreasing fifth week in row already in Czech Rep, stagnating in Slovakia
September 21, 2009 | 07:00pm CEToriginalPetrol on the Czech market reduced the price by 28 hellers last week, diesel by 19 hellers. This week, the fuel prices...
read moreCKP: Number and amount of damages in mandatory liability increased by 5% in H1
September 18, 2009 | 06:40pm CEToriginalFrom January to August, Kooperativa has reported a total of 115,000 claims from motor vehicles insurance, which represents in the y/y comparison...
read moreCooperation of Credium and Fiat Group in car financing field spread to Slovakia
September 16, 2009 | 10:33pm CEToriginalThe exclusive cooperation has been running in the Czech Republic since 2007. Financing of vehicles Fiat, Alfa Romeo and Lancia is successful on the Czech market; penetration reaches...
read moreCCS: Fuel prices continue decreasing fourth week in row already in Czech Rep
September 15, 2009 | 11:33am CEToriginalNatural 95 reduced the price by an average of 22 hellers, diesel by 18 hellers last week. Fuel became slightly cheaper in Slovakia as well. This week it is being expected...
read moreManagement of leasing company SkoFIN slimmed in summer
September 14, 2009 | 06:17pm CEToriginalStefan Rasche and Jirina Tapsikova, who took over competences of Oliver Schmitt, have remained in the company’s management. Schmitt left abroad to the company...
read moreCredium became next partner in field of Kia dealer network wholesale financing in Czech Rep
September 14, 2009 | 04:56pm CEToriginalThe company has already won the first client, namely one Central-Bohemian dealer. In the near future, Credium will start cooperation with...
read moreLexus began to offer branded financing of its cars in Czech Rep
September 14, 2009 | 02:17pm CEToriginalUnder the trade mark Lexus Financial Services, there are being offered all the traditional products. Financing will be ensured the company...
read moreAvia to offer branded finance Avia Financing in cooperation with UniCredit Leasing
September 13, 2009 | 09:11pm CEToriginalDealers have been negotiating the cooperation with financial partners individually so far. Avia will offer the branded financing on all markets covered, but...
read moreCSOB Leasing: Businessmen using short financial leasing
September 9, 2009 | 10:39pm CEToriginalFor a period of approximately one month, the company has closed 41 contracts on its basis in a total cost price of...
read moreCitroen offer selected models C3, C3 Picasso, C4 and Berlingo for flat price in September
September 7, 2009 | 08:57pm CEToriginalWhen using leasing, it is possible to receive an additional discount up to CZK 50,000. Citroen has also prepared a special offer for commercial vehicles and new product from PSA Finance...
read moreCCS: Fuel in Czech Rep slightly cheapened last week
September 7, 2009 | 08:11pm CEToriginalThe difference between petrol and diesel is still around CZK 2. According to analysts, prices at petrol stations are going to decrease during the following days, while...
read moreCredium increased its market share in all vehicle categories’ financing in H1
September 7, 2009 | 10:14am CEToriginalThe branded financing Fiat Group has helped to that situation. Credium is preparing further cooperation with carmakers on the Czech market...
read moreIpsos/Direct: Rate of driving fuel consumption among most important factors when purchasing new car
September 5, 2009 | 01:15pm CEToriginalEconomic situation forces Czechs to drive more economically, to which the style of driving contributes as well. To forego wasted expenses for operation and services, they try to...
read moreDirect Pojistovna wants to increase number of clients more than fivefold in Czech Rep by 2013
September 4, 2009 | 01:12pm CEToriginalThe insurance company wants to achieve it by natural growth and extension of offer of other products. The expansion will proceed in non-life insurance exclusively though…
read moreCeska pojistovna initiated campaign for acquiring lost damage liability clients
September 3, 2009 | 02:09pm CEToriginalThe insurance company will address 15,000 former customers, who changed the insurance company, within the pilot project. The campaign for automotive insurance will be introduced by other insurance companies in autumn as well…
read more
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Source: ECB, April 26, 2024