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Auto Palace (AutoBinck Group; Ford, Ford Pro, Hyundai, Mazda, Mitsubishi, Opel, Opel Professional, Peugeot, Peugeot Professional, Škoda, Volvo, Audi, Volkswagen, VW Commercial Vehicles, SEAT, Cupra, MG and Maxus dealer, Fiat and Infiniti service in Prague, Brno and Karlovy Vary, Czechia) to close Karlovy Vary branch (Audi, Volkswagen, VW Commercial Vehicles dealerships; part of Auto Palace Západ, loss of CZK 72 million at turnover of CZK 1.46 billion and sales of 1,338 new and 839 used vehicles in Tuchoměřice and Karlovy Vary in 2023) on April 1, ending sales of these three Volkswagen Group brands five years after acquisition
March 30, 2025 | 07:50pm CETflashread more
Kallweit (VDA): Heavy commercial vehicle market (registrations/sales over 6 tonnes) to decline by 2% to 301,000 units (2024: 310,000 trucks, -12%) in Europe (EU & EFTA & UK) in 2025, to increase by 7% to 257,000 (240,000, -10%) in USA, by 3% to 929,000 (900,000, -1%) in China
March 30, 2025 | 07:31pm CETflashread more
JATO Dynamics: Dacia Sandero (21,604 registered vehicles, +4%) was best-selling car in Europe (28 countries) in February, followed by Citroën C3 (18,540, +4%; BEV), Renault Clio (18,348, +22%; HEV), Peugeot 208 (16,532, -10%; BEV), Volkswagen Golf (16,033, -18%; PHEV), Dacia Duster (15,401, +14%; HEV), VW T-Roc (15,284, +10%), Peugeot 2008 (14,403, +3%; BEV), VW Tiguan (14,363, +43%; PHEV) and Toyota Yaris Cross (13,889, -11%; HEV). Overall market down by 2.5% to 966,271, led by Volkswagen Group (249,403, +1%), Stellantis (156,263, -16%), Renault Group (106,590, +12%), Hyundai-Kia (75,218, -6%), Toyota (70,595, -5%), BMW Group (69,612, +6%), Mercedes-Benz Cars (48,007, -5%), Ford (35,919, +4%), Geely Group (26,836, -10%) and Nissan (24,002, +1%)
March 30, 2025 | 07:23pm CETflashread more
AAA Auto (Aures Holdings) Barometr: 66,766 used cars sold in Czechia in February (BEV: 1.3% share, 872 vehicles; HEV: 1.7%, 1,113) with average price of CZK 312,940 (EUR 12,540, +2.5% m/m). Although absolute number of cars sold decreased by 2.6% from 68,516 cars, it should be taken into account that February is month that is three days shorter. So while in January 2,210 cars were sold each day, in February it was 2,384, i.e. 8% more, Vaněček pointed out. Top 5 best-selling brands include Škoda (25.2% share, 16,825 units), Volkswagen (13.2%, 8,813), Ford (6.5%, 4,340), BMW (6%, 4,006), Mercedes (5%, 3,338). Chinese brands had share of 0.2% on Czech secondary market, with 142 units sold (MG 115, Dongfeng 12, BYD 5, Great Wall 4, Lynk & Co. 3). Total of 140,928 used cars advertised in country with mean value (median) of price of CZK 190,000 (EUR 7,610; +6.1% m/m). Offer grew by 4.5% y/y, fell by 4% m/m
March 30, 2025 | 07:18pm CETflashread more
VDA: Car production in Germany down by 3% y/y in February and export by 3%, due to one fewer working day
March 30, 2025 | 07:12pm CETflashread more
Rho Motion: Global new electric vehicle (EV) sales grew by 49% to 1.2 million passenger cars, light-duty vehicles (LDVs/LCVs) in February, by 30% to 2.4 million in first two months – China: 1.4 million BEVs and PHEVs (+35%), Europe (EU & EFTA & UK): 500,000 (+20%), USA & Canada: 300,000 (+20%), Rest of World (RoW): 200,000 (+35%)
March 28, 2025 | 10:48am CETflashread more
Automotive Day 2025: Masaryk Institute of Advanced Studies CTU/ČVUT to hold 4th exhibition of electric vehicles (18 brands: Škoda, Volkswagen, Hyundai, Peugeot, Citroën, BMW, Toyota, Kia, Tatra, Tesla, MG, Lexus, Alfa Romeo, Fiat, Porsche, Jeep, Subaru, Opel) in Prague, Czechia on April 9 with test drives. This year, sports models, SUVs and commercial vehicles to also be presented for first time, organizer said. Valeo to showcase assistance and autonomous driving systems
March 28, 2025 | 10:41am CETflashread more
GlobalData confirmed 2025 Western European new car sales outlook at 11.62 million (+0.5%)
March 28, 2025 | 10:35am CETflashread more
Auto Eder (Toyota, Lexus, Polaris dealer in Karlovy Vary, Czechia) became exclusive distributor, dealer of VebaBox (manufacturer of removable cooling containers in Uden, Netherlands) for Czechia, Slovakia. Installation of VebaBox does not require any special modifications or technical interventions on standard commercial vehicle, which can be convert into refrigerated van
March 28, 2025 | 10:30am CETflashread more
AutoBinck (4 divisions: Mobinck, Leasing, Car Distribution and Retail, Ebinck) renamed AutoBinck Car Distribution and Retail (ACDR) division to AutoBinck Car Distribution Holding (ACD). In Czechia, company renamed AutoPalace Group (formerly AutoBinck CZ) to AutoBinck Car Distribution International. ACD is owner of companies operating in five different categories: Distribution, Retail, Shared Services, Car Trade, Rent. Company plans to expand and strengthen its business activities in all areas of business, firm said
March 26, 2025 | 03:07pm CETflashread more
Brno Industry Week 2025: South Moravian Industry Cluster 4.0, Brno Regional Chamber of Commerce, CyberSecurity Hub/CyberSecurityHubCZ (MUNI, VUT, ČVUT), South Moravian Region to hold three conferences on trends in production processes (Digital Manufacturing Forum, Smart Manufacturing Forum, Cyber Security Forum) with number of accompanying events in Brno, Czechia on April 8-10. Representatives of Škoda Auto, Onsemi, Kasko, Bosch, Siemens, BR Group, Automotive Painting Partners, Astra Motor, B&R Industrial Automation/ABB Group, Intemac Solutions, Trask, Beckhoff Automation, Pantek, InfoConsulting, Minerva, QPAG, Axiom Tech, Compas Automatizace, Axenta, Iron OT, PwC to speak at event
March 25, 2025 | 10:44am CETflashread more
Financial Companies
GE Money Auto offers 50% discount on windscreen insurance to credit in Czech Rep in Q2
April 30, 2013 | 12:11am CEToriginalThe condition is a contract of liability insurance. Insurance partners, Ipsos survey, penetration of insurance, rates/savings...
read moreVolvo began offering extended warranty on new cars in Czech Rep
April 29, 2013 | 06:07am CEToriginalExtending cooperation with CarGarantie including warranties on Volvo Selekt used cars, parameters, options, prices, loyalty program...
read moresAutoleasing offers extended warranty or guarantee check discount to credit in Q2
April 25, 2013 | 11:00pm CEToriginalParameters of the special offer and its benefits, Travel Card, the use of selected new car dealers...
read moreIntertax Expert began offering product Mobility24, alternative to full-service leasing
April 19, 2013 | 03:09am CEToriginalThe new company of the former head of EurotaxGlass’s in the Czech Republic; products and services; partners of AuDaCon, Agip, Elit or Europ Assistance...
read moreClio Days: Renault holds open days in Czech Rep until end of April
April 19, 2013 | 02:48am CEToriginalDiscounted air-conditioning cleaning, discounted accessories packages, maintenance costs, financing, cooperation with Czech Miss...
read moreSkoFIN increased number of signed contracts in Q1 by 22%
April 19, 2013 | 02:43am CEToriginalFinancing volume went up by 15.1%. The company recorded growth despite the decline of the car market. Financing penetration...
read moreDacia prepared credit package with advantages worth more than CZK 10,000 in Czech Rep
April 15, 2013 | 11:49pm CEToriginalDacia Box includes zero fees, extended warranty, interest below 10%, accident insurance rate to 2% and an accessories package. An example, the Logan II from CZK 159,900...
read moreCzech Leasing and Financial Association to be led by Jirina Tapsikova of SkoFIN for two more years
April 15, 2013 | 11:10pm CEToriginalJiri Matula of UniCredit Leasing has returned to the Board after a three-year break. Members have been expanded with Bibby Financial Services...
read moreSmithNovak holds Crash Hunting conference in Prague on May 16
April 10, 2013 | 12:24am CEToriginalMajor topics; speakers from Allianz, Generali, Ford, Deloitte, CAAS, MM Car, Partners, European Compensation Services; focus groups; price...
read moreAllianz and Ford established cooperation to combat poor quality repairers in Czech Rep
April 8, 2013 | 11:40pm CEToriginalStepping up the quality of repairs after an accident, repairs at authorized garages or unbranded certified repair shops, the battle with crash hunters...
read moreInsurance company Slavia changed PR agency and spokesperson
April 5, 2013 | 04:48am CEToriginalNew partner and spokesperson, 145th anniversary of the company establishment, results in damage liability in 2012 and the outlook for 2013, new insurance against collision with animals....
read moreSkoFIN launched campaign for best financing offer guarantee
April 4, 2013 | 01:13am CEToriginalDetails of the campaign (agencies, length, value of the contract, advertising), microsite with a calculator, fleet services communication...
read moreCetelem began to finance cars and motorcycles for companies and entrepreneurs
April 3, 2013 | 01:11am CEToriginalUntil then, the company provided loans to consumers only. Credit card with bonuses for fuel, financing example, a microsite, a new web site...
read morePecenka: Skoda Rapid to be important fleet car after launch of weaker 1.6 TDI engine and Spaceback version
April 2, 2013 | 01:13am CEToriginalStart of production of both novelties, expected ratio of liftback/estate, month campaign for four Fresh models (spots, prices, financing from CZK 2,500 per month)...
read moresAutoleasing increased number of contracts by 18% in 2012
April 2, 2013 | 12:43am CEToriginalFinancing volume, market share, demand for new and used cars and vans, demand in individual months, the most popular brands, the average repayment period...
read moreUniCredit Leasing considers entry into retail of used car financing in Czech Rep
March 28, 2013 | 01:36am CEToriginalSo far, the company has been financing used cars or trucks at dealers only. The prepared product, partner, target group...
read moreAllianz started offering free insurance against car theft to liability one to existing clients in Czech Rep
March 27, 2013 | 09:18pm CEToriginalAdditional insurance for older cars, zero participation, insurance with deferred commencement, discount for Prague citizens, motorcycle liability insurance for free...
read moreJaromersky: UniCredit Leasing wants to increase funding by 10% in Czech Rep in 2013
March 27, 2013 | 03:28am CEToriginalDownturn in 2012 affected the expected decline in investment in photovoltaics. Results in financing of cars, vans, motorcycles and trucks...
read moreCzech Railways to gradually sell off fleet of used cars
March 27, 2013 | 01:35am CEToriginalThe action relates to the transition to operating leases under LeasePlan. Partial tenders, the sale in packages, the number cars offered, prices...
read moreJaguar Land Rover prepares branded programme for used car sale in Czech Rep
March 22, 2013 | 02:42am CEToriginalIt was introduced in China last time. Parameters and service providers in different countries, the timing of the launch in the Czech Republic...
read moreCzech Railways chose LeasePlan for car fleet renewal
March 19, 2013 | 05:27am CEToriginalNumbers and models of vehicles, switching to an operating lease, the length and value of the contract, reduction of the fleet, reduced costs…
read moreCzech Post: ALD Automotive and CSOB Leasing succeeded in tenders for 544 vans with Fiat and VW vehicles
March 18, 2013 | 03:38am CEToriginalModels and numbers, the value of the contract, five new tenders for CZK 420 million, slowing the conversion to CNG, vans for delivery of white goods...
read moreTatra dominated by unknown investors, these might be Jaroslav Strnad and Rene Matera
March 18, 2013 | 03:33am CEToriginalThe transaction is arranged and financed by J&T. The result of the auction, Composite Com as the largest creditor, purchase of the debt from CSOB, operational funding and new management at Tatra...
read moreHyundai wants to strengthen sale of used cars and increase number of dealerships in Czech Rep
March 15, 2013 | 02:31am CEToriginalParameters of the i-Best program, involvement of dealers, current offer, microsite, dealer network development...
read moreLeasePlan: Prices of young used cars in Czech Rep increased slightly in 2012, except for Skoda brand
March 12, 2013 | 11:52pm CEToriginalGrowth in residual values drawn by foreign brands; the development of prices of Skoda, VW, Ford and Opel cars; interest in petrol/diesel; outlook for 2013...
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SELECTED FLASH NEWS
Prognos, VDA: 46,000 jobs lost in German automotive industry between 2019 and 2023 due to...
ESG: Constellium (manufacturer of aluminum products for automotive industry, other...
Mobility & Innovation Production (manufacturer of electric, hydrogen city buses in...
Car Importers Association (SDA), Statistics Austria (Bundesanstalt Statistik Österreich):...
Kooperativa (Vienna Insurance Group) signed memorandum of understanding (MoU) with...
New brands (exclusively Chinese) entering Czech market (2024: EVO 172 g/km, 2023: n/a; DR...
JATO Dynamics: Germany (21% share of total registrations in Europe, 2023: 21%; excluding...
Klíma: E.ON Drive Infrastructure (EDRI) to invest CZK 3 billion (EUR 120 million) in...
Renocar Prague – Bubeneč: Renocar (BMW, Mini, BMW Motorrad dealer in Brno and Prague...
ESG: Thanks to support of Panattoni (developer, lessor of industrial, warehouse, office...
Marušinec (ASEP, BatteryX, Elon Club): Batteries for electromobility experienced...
Dolák (Toyota dealer in Příbram, Písek, Tábor, České Budějovice and Pilsen, Czechia)...
SympH2ony (Symphony): Toyota Tsusho Europe, Messer established 50/50 joint venture in Bad...
Cebia started providing business partners (leasing companies, other firms) with...
Coface CEE Top 500 Ranking 2024: Automotive and transport industry (90 largest firms, +18...
ESG: Berner Group (manufacturer of chemical, other products for maintenance, repair, care...
Volkswagen Group Services (formerly AutoVision; service provider in areas of R&D, IT...
Zebra Group (manufacturer of diesel, electric municipal vehicles with 25 employees in...
Tatra Trucks develops series of Tatra Force e-Drive battery, hydrogen vehicles with...
Škoda Auto opened tomographic center for analysis of high-voltage batteries in Mladá...
Štefek (PwC): Non-financial/ESG reporting (Environmental, Social, Governance;...
Traction Battery Watchdog: Devinn (development company with 160 employees in Jablonec nad...
Škoda Auto ended production of batteries for plug-in hybrids of Volkswagen Group (536,433...
ESG: Tesa (Beiersdorf Group; manufacturer of adhesive tapes, other products for automotive...
Vitesco Technologies wants to invest over EUR 576 million (CZK 14.4 billion) into...
SUDOP Group established new eco-energy division, SUDOP Energy and Environment (SEEN)...
There is nothing to wait for: City of Prague, Czechia launched campaign for climate plan...
Automobili Pininfarina Čeladná: Thomas Bruno Emmisberger (Nexgen Automobili – Pininfarina...
Co-owners (Jan Jakubec, Aleš Havlíček) and managers (Daniel Obrátil) of Auto Base (BMW...
Jirovec: Invelt (BMW, Mini, Alpina, BMW Motorrad dealer with more than 140 employees in...
Tukas Group (Škoda, Volkswagen, VW Commercial Vehicles, Volvo, Opel, Kia, Renault, Dacia...
M3000 closed Mercedes car, van dealership in Prague, Czechia. Newly established company SP...
Emil Frey Kyje: Emil Frey (Kia, Subaru, Suzuki, Toyota dealer in Prague; distributor of...
Porsche Czech Republic (Porsche Holding Salzburg) closed representative showroom of...
CarTec Group (BMW, Mini, Rolls-Royce, BMW Motorrad dealer in Ostrava, Liberec, Prague and...
Isolite (manufacturer of high temperature insulation, sealing for automotive, aviation...
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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