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Erste Group made changes in leasing activities in Czechia. Česká spořitelna (ČS) renamed leasing company sAutoleasing to Leasing České spořitelny and subsequently incorporated Erste Leasing. sAutoleasing continues as brand in field of sales of new and used cars in network of business partners. No changes in Slovakia (sAutoleasing SK)
April 17, 2024 | 10:27am CETflashread more
Pokorný: Car Importers Association (SDA) wants to refine statistics of new car registrations in Czechia by segments in 2024 with focus on SUV segment (B-SUV, C-SUV, D-SUV, E-SUV), when some brands have all SUVs in C-SUV report (Alfa Romeo, Cupra, DFSK/Dongfeng, Jaguar, Mazda, Subaru, Škoda)
April 15, 2024 | 12:48pm CETflashread more
Newmatec 2024: ZAP to hold 8th conference on new materials, technologies, innovations in automotive industry in Tále, Slovakia on April 23-24. Representatives of ZAP, Aspen Institute Central Europe, EP (European parliament), Volkswagen Slovakia, Škoda Auto, Jaguar Land Rover (JLR) Slovakia, Kia Slovakia, Volvo Car Slovakia, Schaeffler Kysuce, Ernst & Young (EY), Evolution Ltd, Industry4UM, M2M Solutions, Roriginal, Hikrobot to speak at event
April 15, 2024 | 12:40pm CETflashread more
Sales (deliveries to customers) of battery electric vehicles (BEV) of Volkswagen Group down by 3.3% to 136,400 in Q1 (VW -2.6%; Škoda +12.3%; SEAT+Cupra -24%; VW Commercial Vehicles +29.4%; Audi +3%; Porsche -52.9%; MAN -10.6%; VW Truck & Bus +347.1%; Scania -36.5%; Navistar +330.8%). VW ID.4/ID.5 (34,600 cars), VW ID.3 (26,100), Audi Q4 e-Tron (including Sportback, 22,800), Škoda Enyaq (including Coupé, 14,000), Audi Q8 e-Tron (including Sportback, 9,600), VW ID. Buzz (including Cargo, 7,000), Cupra Born (6,900) were best-selling BEVs. However, incoming orders for BEVs in Western Europe developed positively in Q1. More than twice as many all-electric models were ordered as in same period last year (+154%), so that BEV order bank currently stands at around 160,000 vehicles, automaker said
April 15, 2024 | 12:34pm CETflashread more
Ministry of Transport of Czech Republic to increase number of sections with Safe Distance traffic signs (IP 32, visual form modification from January 1) from 6 to 20 in 2024, despite increasing number of technologies and assistance systems/ADAS integrated in vehicles (adaptive cruise control/ACC, automatic emergency braking/AEB, 2-second distance warning, intelligent recuperation). Reason is effect of reminder advertising and targeting drivers who do not consider failure to maintain safe distance to be dangerous, Kupka explained
April 12, 2024 | 04:32pm CETflashread more
Toyota & Lexus Corporate Mobility Festival 2024: Toyota to hold test event for companies, entrepreneurs in Hradec Králové, Czechia on April 17-18 with presentation of complete portfolio of products, drives, services, activities (cars, 4x4, commercial vehicles, conversions, accessories, Toyota Motor Manufacturing Czech, Kinto One, Toyota Gazoo Racing Czech, Toyota GR, classic cars)
April 12, 2024 | 04:09pm CETflashread more
Sales (deliveries to customers) of Volkswagen Group down by 1.4% in March, up by 3.1% to 2.1 million in Q1 (VW +1.2%, +5.7%; Škoda +0.5%, +5.2%; SEAT+Cupra +8.9%, +10.6%; VW Commercial Vehicles +3.7%, +7.8%; Audi -9.7%, -4.5%; Bentley -17.8%, -28.7%; Lamborghini +8.3%, +0.3%; Porsche -9.8%, -3.9%; MAN -22.7%, -12.3%; VW Truck & Bus +15.5%, -5.1%; Scania -0.5%, +16.8%; Navistar -2%, -14.5%)
April 11, 2024 | 03:24pm CETflashread more
ČSÚ: Car prices in Czechia up by 0.1% m/m in March, down by 2.2% y/y (new: +0.0%, +1.2%; used: +0.1%, -4.5%). Inflation (consumer price index/CPI) in related areas developed differently – motorcycles (+1.3%, -0.4%), spare parts and accessories (+0.1%, +5.2%), fuels and oils (+1.6%, +4.8%), service works (+0.9%, +8.4%)
April 11, 2024 | 03:11pm CETflashread more
PwC increased 2024 Czech new car registrations forecast from 200,000-220,000 units (-1% to -10%, 2023: 221,422) to 205,000-225,000 units (-7% to +2%). Demand for cars continues to be significantly affected by current relatively less favorable economic situation (weak economy, expensive financing), which, according to current forecasts, we expect gradual improvement during this year, especially with regard to development of inflation. Improving indicators to gradually improve purchasing power of companies and consumers as well as their mood and have positive effect on demand. So far, however, this influence on registrations is only cautious, Janeček said
April 9, 2024 | 05:44pm CETflashread more
Jakub Pončík, former Head of Powertrain Design, appointed as new Director of Research and Development at Tatra Trucks. Radomír Smolka, member of Board of Directors for R&D at Tatra Trucks and Director of Research and Development at Tatra Defense Vehicle, transferred operational management of department, focusing on strategic planning and decision-making
April 9, 2024 | 05:33pm CETflashread more
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
Financial Companies
Wustenrot merged Marketing and PR in Czech Rep
October 2, 2013 | 11:17pm CEToriginalTereza Vrankova became the head of the new department. Katerina Moravcova (Bila), Ivana Kryglova...
read moreSkoFIN changed brand for SME, to launch campaign on operating lease
September 29, 2013 | 10:42pm CEToriginalReason for the claim change, the author and details of the campaign, the use of guerilla marketing, microsite, maintenance in two variants, the kilometre tolerance band...
read moreCar Group entered in car rental and loan provision business in Czech Rep
September 26, 2013 | 07:53am CEToriginalShort-term bridging loans, long-term lease of Skoda cars for 9 or 12 months, additional services, details...
read moreSikora (CAP): Legal changes in Czech Rep to increase cost of damage liability by 20%
September 26, 2013 | 02:30am CEToriginalLoss rate of this kind of insurance in the last two years, the announced rate increase, the growth of compensation for damage to health, fixing prices for three years ahead from Generali...
read moreArval holds seminar on alternative drives in Prague on October 10
September 23, 2013 | 10:43pm CEToriginalThe event is intended for current and prospective clients. Speakers from Arval, BMW, Nissan, Peugeot, Volkswagen and CEZ, registration...
read moreNew Civil Code: Insurers in Czech Rep must change all contracts, consumer to be more protected
September 23, 2013 | 10:23pm CEToriginalThe expected boom of liability insurance policies, more transparent arrangement of an insurance contract, fairer compensation for health damages, growth of rates...
read moreUniqa bought insurance stock of Direct in Czech Rep
September 19, 2013 | 11:56pm CEToriginalThe agreement has already been approved by the CNB. The process of the integration of Direct clients into Uniqa is thus ending. The number of clients who went over to Uniqa last year...
read moreAuto Palace apparently to terminate sale of some brands in Czech Rep
September 18, 2013 | 07:38am CEToriginalThis is part of extensive restructuring of AutoBinck’s activities in Central Europe. The affected brands and locations, the dealer situation in the region...
read moreSkoFIN changed its media agency after few years
September 17, 2013 | 03:08am CEToriginalSo far, the purchase of advertising space has been provided by MindShare. The new partner is already working for Volkswagen Group...
read moreWustenrot introduced new types of additional insurance to damage liability in Czech Rep and transfer of bonus to accident insurance
September 17, 2013 | 12:05am CEToriginalThese are features typical for accident insurance. A rapidly growing bonus, a Multibonus discount on another car, an advertising campaign…
read moreOpel 500: Opel prepared an offer on 500 vehicles with discounts and bonuses in Czech Rep and Slovakia
September 16, 2013 | 11:22pm CEToriginalThe term, models, discounts, a free roof rack, winter tires when using financing, microsites...
read morePeugeot Professional Roadshow 2013: Peugeot organizes LCV roadshow in Czech Rep
September 12, 2013 | 10:57pm CEToriginalDates, cities, Dangel AWD vehicles, financial product Maxi 7000, a free service contract, the competition for CCS cards, last year's results...
read moreCebia and Skoda Auto expanded cooperation in Skoda Plus program in Czech Rep
September 11, 2013 | 11:29pm CEToriginalSkoda started displaying Cebia Reports at the website Skodaplus.cz. Growth in the number of participating dealers, on-line verification of execution or insolvency of the client when repurchasing...
read moreBest non-life insurance company in Czech Rep in 2013: Fifth year of competition successful for Kooperativa, Ceska pojistovna and Uniqa
September 11, 2013 | 11:10pm CEToriginalAllianz and Wustenrot have been doing well, too. The results in each category, award-winning products of Uniqa Safeline Rent+ and Allianz iAuto, KPMG comment...
read moreToyota to organize next test weekend in Czech Rep focused on new models and HEVs
September 11, 2013 | 10:59pm CEToriginalDate of the event, financing with zero increase, results of the first test weekend in the spring of 2013...
read moreSkoda introduced a new business strategy in Czech Rep – special models only with funding from SkoFIN
September 11, 2013 | 04:25am CEToriginalPrices, equipment and editions of the Rapid Spaceback, a 4-year warranty and winter wheels included, recommended stock cars, the differences in the pricelists of the Rapid liftback and hatchback...
read moreMichal Slajs left SkoFIN after three years
September 9, 2013 | 11:57pm CEToriginalHe worked in the Volkswagen Group for nine years. The management of the fleet department was given to...
read moreFord began offering branded operating lease in Czech Rep
September 2, 2013 | 11:45pm CEToriginalFinancial partner, variants of Ford Lease, target group, dealers’ availability, business plan, fleet market in the Czech Republic according to Fleet Partners , the new Ford Connect...
read moreFabiobrani 2013: Skoda prepared two special models for Fabia in Czech Rep
September 2, 2013 | 11:26pm CEToriginalEquipment levels and prices of the Fabia GLX and the Fabia SLX, air conditioning and extended warranty included in the price, a discount for funding from SkoFIN, a campaign from agency Intuo…
read moreSecar Bohemia agreed with Davo Car on sale of Sherlog car security
September 2, 2013 | 11:16pm CEToriginalThis is Secar’s second collaboration with used car dealer after Auto Esa. Two variants of car monitoring and searching, the growing interest of thieves in used cars for spare parts...
read moreCzech Post will have 700 CNG vehicles in fleet by end of 2013, would like to have 3,000 prospectively
September 2, 2013 | 11:06pm CEToriginalSavings in H1, expanding the network of filling stations and CNG consumption growth in the Czech Republic, the success of Peugeot diesel vehicles in a tender for the supply of CNG vans thanks to TCO...
read moreSikora (CAP): Damage liability in Czech Rep to be more expensive by about 15 % in 2014
September 2, 2013 | 02:35am CEToriginalThree reasons for price rising, the new amount of the hourly rate of fire fighters, innovative premium prescriptions at Generali...
read moreOpel to rename program of sale of quality used vehicles
August 29, 2013 | 03:31am CEToriginalThe new name instead of G2, rebranding in the first countries in Europe including the Czech Republic, partners and the involvement of dealers in the Czech market...
read morePrague Car Festival 2013: Exhibition of tuning cars to be held in Prague in late August
August 25, 2013 | 11:01pm CEToriginalThe exhibitors will include AAA Auto, Kaipan, D.A.S. or CZ Biom. Accompanying program, details...
read moreBesperat (CPP): Damage liability to be up by 10% in Czech Rep in 2014
August 23, 2013 | 03:14am CEToriginalReasons, expected development in accident insurance, price growth of reinsurance, individualization of insurance products, interest in various sales channels...
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