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Milan Král a.s. (dealer of Mercedes-Benz cars, vans, trucks in České Budějovice, Czechia) bought 26,000 m2 of land in Hůry near D3 motorway from Hůrská realitní for construction of new 'Truck Center' (dealership in Litvínovice has 3 service points for trucks), through Prezon
May 5, 2023 | 11:42am CETflashread more
Barth Ride (Summer motorcycle lease for 6 months): Motocentrum Barth (Yamaha, Piaggio, Moto Guzzi, Vespa, Aprilia, BMW Motorrad dealer, CFMoto service in Pardubice, Czechia) adjusted short-term (seasonal) operational leasing for motorcycles (BMW, Yamaha, Vespa , Piaggio), cancelled 4-month and 5-month rental periods, removed Piaggio brand, adding Aprilia, Moto Guzzi, CFMoto motorcycles. Prices start at CZK 4,990/month (Aprilia SR GT Sport 125, total mileage up to 5,000 km)
May 5, 2023 | 11:25am CETflashread more
PFA-CCFA: New car registrations in France up by 21.9% in April (vans up to 5.1 tonnes +6.7%; trucks +2.2%)
May 5, 2023 | 11:12am CETflashread more
Sales of new light vehicles in USA grew in April (J.D. Power/LMC Automotive: +5.7%; Cox Automotive: +2.3%)
May 5, 2023 | 11:03am CETflashread more
Toyota Motors Europe signed contract with Indicata (Autorola Group) to track all online used Toyota, Lexus vehicle classified ads placed by authorized dealers across Europe, analyze stock data grouped by brand, model, engine type, car age and mileage, observe evolution of pricing, sales trends, success of individual models on secondary market. Cooperation rolled out in 13 countries (France, Belgium, Spain, Italy, UK, Austria, Denmark, Germany, Netherlands, Poland, Portugal, Sweden, Turkey)
May 4, 2023 | 12:22pm CETflashread more
AAA Auto (Aures Holdings) Barometer: Cars offered (advertised) in Central Europe do not age and are not even more used on average (mean values/medians of age, mileage in Q1: Czechia 10.3 years and 156,000 km, Slovakia 10,6 years and 172,000 km, Poland 12 years and 180,000 km, Hungary 12.9 years and 179,000 km). Age of cars offered in individual V4 markets stable y/y. On one hand, share of used cars on market is growing, but at same time number of imported old and unsuitable used cars from abroad is increasing, Vaněček said
May 4, 2023 | 12:15pm CETflashread more
Servind (distributor of materials, equipment for bodywork shops, paint shops in Czechia, Slovakia) closed branch in Kazakhstan (TOO Servind Kazakhstan) established in Almaty in 2014. Failed investment in Kazakhstan was clearly biggest failure for company in 30 years, Bártek said
May 4, 2023 | 12:08pm CETflashread more
Trends in Automotive Logistics (TAL) 2023: Aimtec, German-Czech Chamber of Industry and Commerce (ČNOPK/DTIHK, AHK) to hold 22nd conference on logistics in automotive industry in Pilsen, Czechia on May 16. Representatives of VDA, Xelerate, Lintech, Škoda Auto, Zebra Technologies, Brano, Scherdel, Safran Cabin, FlexSim, Bosch, Cyrkl to speak at event
May 3, 2023 | 10:55am CETflashread more
Sherlog Security Operák (Lease): Sherlog Technology started offering in Czechia security for cars (Car), motorcycles (Moto) with uninterruptible radio system without initial costs (with commitment of 36 months/3 years) with monthly fee (from CZK 750/EUR 32 excluding VAT). Without obligation, customer pays activation fee of CZK 4,000-8,000/EUR 170-340 excluding VAT
May 3, 2023 | 10:49am CETflashread more
AAA Auto (Aures Holdings) Barometer: 1.05 million used cars advertised in Central Europe in Q1 (Czechia 260,364, Slovakia 134,667, Poland 528,028, Hungary 130,593) with mean value (median) of prices of CZK 199,800 (EUR 8,470, +11.6% y/y), EUR 7,990 (+19.2%), PLN 29,900 (EUR 6,530, +36.5%), HUF 2.54 million (EUR 6,830, +15.5%). Offer in V4 countries fell by 40,000 cars (-3.7%) y/y, by 291,886 units (-21.7%; -23,101, -5,360, -206,669, -56,756) compared to Q1 2019. However, prices rather stagnate from December 2022 and we do not expect significant growth in 2023, Vaněček said
May 3, 2023 | 10:42am CETflashread more
New body shop, paint shop of Auto Průhonice (Volvo Cars dealer in Prague, Czechia), Albion Cars (Jaguar, Land Rover, Isuzu dealer in Prague) in CTPark Prague East Nupaky equipped by Servind (two Blowtherm paint booths). Part of hall is spare parts warehouse enabling night shipments without need for personnel to be present
May 2, 2023 | 03:48pm CETflashread more
ACEA: New commercial vehicle registrations in EU grew in Q1 (vans +7.7%; trucks +19.4%; buses+coaches +15.5%), individual fuel/power types successful differently (BEV+PHEV +77%, +486.9%, +47.1%; HEV+MHEV -9.3%, +200%, +146.9%; FCEV+NGV+LPG+biofuel/ethanol +27.8%, +1.2%, -21%; petrol +17.1%, +11.1%, -100%; diesel +4.5%, +18.9%, +5%)
April 30, 2023 | 05:21pm CETflashread more
ACEA ceased publishing monthly registrations of new commercial vehicles (vans, trucks, buses+coaches) in Europe (EU, EFTA, UK), switching to quarterly reports, removed summary statistics, added (in cooperation with S&P Global Mobility) reports by fuel/power type (BEV+PHEV, HEV+MHEV, FCEV+NGV+LPG+biofuel/ethanol, petrol, diesel)
April 30, 2023 | 05:06pm CETflashread more
JATO Dynamics: Electric / electrified vehicle (BEV, PHEV) sales in Europe (27 countries) up by 19.2% to 664,047 units in Q1, representing 20.6% share in total registrations (penetration, +0.3 pp). Tesla Model Y (71,683 cars, +173%) was best-selling battery electric vehicle (BEV), followed by Tesla Model 3 (19,621, -40%), Volkswagen ID.3 (17,316, +105%), VW ID.4 (16,646, +52%) and Dacia Spring (14,066, +56%). Ford Kuga (12,499, +9%) was best-selling plug-in hybrid (PHEV), followed by Volvo XC60 (9,459, +22%), Lynk & Co 01 (8,251, +186%), Kia Sportage (8,234, +361%) and Volvo XC40 (6,909, -31%)
April 27, 2023 | 03:25pm CETflashread more
Sherlog Technology (provider of Sherlog Security, Sherlog Trace vehicle security, monitoring services) expanded its services in Czechia with hydrogen carbon cleaning of engine of passenger and commercial vehicles (Prague, Brno, Pilsen; CZK 1,990-4,990/EUR 85-210), installation of TrueCam and Lamax onboard cameras/dash cams (19 locations), car diagnostics (Prague), interior disinfection (Prague, Liberec, České Budějovice)
April 27, 2023 | 03:19pm CETflashread more
Milan Král, Iveta Králová modified holding structure of group, renamed MNC Group to 'MK správní společnost', founding new parent company MNC Holding (today Milan Král Holding). At same time, they built new body shop and paint shop in České Budějovice, Czechia (MNC Kar-Lak, today MK Kar-Lak), where they concentrated operations of paint shops and body shops from all dealerships (sales of 1,300 new, 700 used vehicles per year) – Milan Král a.s. (dealer of Mercedes-Benz cars, vans, trucks), ACR Auto (BMW, BMW Motorrad dealer), MNC Auto (dealer of Ford, Opel cars, vans)
April 26, 2023 | 01:41pm CETflashread more
Škoda Auto, unions agreed on 10.1% increase in wage tariffs in Czechia from April 1, compensation for inflation for previous period in amount of CZK 4,000 (EUR 170), one-off payment of CZK 13,000 (EUR 550), anniversary bonus (30 years of Škoda in Volkswagen Group) CZK 15,000 (EUR 640), growth in contribution to pension savings to CZK 1,600 (EUR 70) per month, increase in limits for employee loans for housing or purchase of new Škoda car, additional contribution of EUR 1 million (CZK 23.5 million) for social projects. For management of company in 2022 (operating profit EUR 628 million, -42%) employees to receive bonus of CZK 33,000 (EUR 1,400)
April 26, 2023 | 01:35pm CETflashread more
Nielsen Admosphere Ad Intel: Hyundai brand (price value of advertising space CZK 109.31 million/EUR 4.66 million) was biggest advertiser in car segment in Czechia in Q1, followed by Kia (CZK 106.89 million/EUR 4.56 million), Volkswagen (CZK 103.05 million/EUR 4.4 million), Peugeot (CZK 65.1 million/EUR 2.78 million) and Škoda (CZK 64.77 million/EUR 2.76 million)
April 25, 2023 | 05:43pm CETflashread more
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