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National Development Bank (NRB) accepted applications for 4,686 electric vehicles (4,684 passenger cars, 2 trucks up to 4,25 tonnes), 1,937 charging stations (1,775 AC, 89 DC up to 40 kW, 71 DC above 40 kW) in Czechia during almost six months (26 weeks, March 18 – September 11) since launch of Electromobility Guarantee program (guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs). Plan to subsidize 4,055 ZEVs and 1,500 charging points fulfilled ahead of time, we currently anticipate 6,000-7,000 supported vehicles and 2,200-2,300 charging points, Muřický (MPO) said

October 10, 2024 | 12:04pm CETflash

Trends in Insurance Industry of Czechia & Slovakia 2024: Conforum to hold 10th conference on Czech, Slovak insurance market in Prague, Czechia on October 24. Representatives of Colonnade Insurance, Kooperativa, ČPP (Česká podnikatelská pojišťovna), BNP Paribas Cardif, Uniqa, Slavia Pojišťovna, Pillow Pojišťovna, Deloitte, MF (Ministry of Finance of Czech Republic) to speak at event

October 9, 2024 | 11:47am CETflash

PwC revised 2024 Czech new car registrations forecast from 225,000-235,000 units (+2% to +6%, 2023: 221,422) to 225,000-227,000 units (+2% to +3%), based on development to date (Q1: +2.2%, Q2: +4.1%, Q3: +1.5%). Demand for cars is still affected by weaker economic growth. Currently, however, we are already observing gradual small improvements – in particular, decrease in inflation and interest rates together with moderate economic growth, Štefek said, adding that GDP in Q2 2024 increased by 0.6% y/y and stronger growth of Czech economy is expected as late as 2025 (2.7-2.8%)

October 9, 2024 | 11:38am CETflash

VDA: Car production in Germany up by 9% y/y and export by 11% in September, down by 1% to 3.11 million and up 3% to 2.42 million in Q1-3

October 9, 2024 | 11:28am CETflash

Expected development of automotive industry in Czech Republic and in world 2024: 21st automotive conference to take place in Brno, Czechia on October 23. Representatives of Škoda Auto, Hyundai Motor Manufacturing Czech, Stellantis Slovakia, Kia Slovakia, Tatra Trucks, SOR Libchavy, Valeo, Vitesco Technologies, Plastika, Fanuc, Adastra, Technodat, Dytron, Minerva, 3Dwiser/Admasys, Ekomaziva, Tedom Energie, KPMG, Accenture, Enovation, ČNB (Czech National Bank), ČEB (Czech Export Bank), EGAP (Export Guarantee and Insurance Corporation), MPO (Ministry of Industry and Trade of Czech Republic), Time & Space Ukraine to speak at event

October 8, 2024 | 08:57am CETflash

Atlas Copco acquired assets of Mont-Tech (manufacturer of assembly automation machines and systems with 27 employees in Brno, Czechia; customers: Cooper-Standard Automotive Czech Republic, Inergy Automotive Systems Slovakia/Plastic Omnium Auto Inergy Slovakia, ITW Pronovia, Adient Interiors, Adient Czech Republic, Siemens Elektromotory, Volkswagen Slovakia; revenues of EUR 3.5 million in 2023), integrating them into Motor Vehicle Industry (MVI) Tools and Assembly Systems division belonging to Industrial Technique business unit

October 8, 2024 | 08:52am CETflash

SDA: New car registrations in Czechia up by 6% in September, by 2.6% to 171,999 in Q1-3 (vans -29.1%, +5%; trucks +22%, -13.5%; buses +112.5%, +67.7%; motorcycles +19.3%, +8.1%; trailers+semitrailers -3.2%, -3.6%)

October 8, 2024 | 08:48am CETflash

SMMT: New car registrations in UK up by 1% in September, by 4.3% to 1.51 million in Q1-3 (vans up to 3.5 tonnes +8.3%, +3.6%; trucks up to 6 tonnes +111.2%, +48.1%)

October 7, 2024 | 11:25am CETflash

KBA: New car registrations in Germany down by 7% in September, by 1% to 2.12 million in Q1-3 (motorcycles -3.9%, -5.7%; buses +2%, +8%; vans/trucks -6.6%, +8.9%; trailers -1.3%, -2.9%)

October 7, 2024 | 11:18am CETflash

Floods in Czechia: Insurance companies affiliated to ČAP registered 65,346 claims (including 1,348 damaged motor vehicles – 882 from residential insurance, 466 from business insurance) in amount of CZK 12.08 billion (EUR 476 million) by September 30, paid out to clients already CZK 1 billion (EUR 40 million; CZK 835+173 million). Association estimates total number of damages from high water at 85,064 (73,137+11,807) in volume of CZK 16.28 billion (EUR 642 million), of which 1,794 (1,154+640) from motor vehicle insurance

October 4, 2024 | 05:45pm CETflash

2024 Nitra Motor Show (Autosalón Autoshow Nitra): 282 exhibitors (AB Motors SK, M Motors SK, C Automobil Import, Hyundai Motor Czech, Plastonic, Škoda Auto Slovensko, Auto Zobor, Autocentrum Blohmann, Autoextra, Auto Hoffer SK, Autoprofit, Autoroch-Slovakia, Autoštýl, AWD Auto, Jairo Outdoor Agency/DriveTesla.sk, Ferdus, France-Tech Nitra, Future Import Group/SportDrive.cz, Gekkon, Homola, IL Trade, Styx, KomcarLV, MaH Nitra, Metabond Slovakia, PotahyNaMieru.sk, Motor-Car Nitra, Prema Working, Remesloservis, TSM Slovakia, TT-Car Nitra, Univer Slovakia, Vapol CZ) to join 29th exhibition of cars, light commercial vehicles, trucks, car accessories, service and garage equipment in Nitra, Slovakia (October 3-6), presenting over 26 brands (Benelli, Citroën, Cupra, Dacia, Dongfeng, DS, Honda, Hyundai, Isuzu, Jaguar, Land Rover, Kia, MG, Mitsubishi, Nissan, Opel, Peugeot, Piaggio, Renault, SEAT, SsangYong, Subaru, Super Soco, Suzuki, Škoda, Tesla, Volkswagen, Aixam, elBlesk)

October 4, 2024 | 05:35pm CETflash

AAA Auto (Aures Holdings) Barometer: 146,290 used cars (1,665 BEVs, -46 m/m; 2,718 HEVs, +49 m/m) advertised in Czechia in September with mean value (median) of price of CZK 200,000 (EUR 7,890, +0% m/m). Offer grew by 8,465 cars (+6.1%) m/m

October 4, 2024 | 05:16pm CETflash

Floods in Switzerland: Novelis (Hindalco Industries/Aditya Birla Group; manufacturer of flat-rolled aluminium/aluminum products for automotive, aerospace, beverage packaging industries with 13,190 employees in 32 plants in 9 countries; customers: Volkswagen, Audi, Porsche, General Motors, GMC, Cadillac, Chevrolet, Ferrari, FCA/Stellantis, Maserati, DS Automobiles, Nissan, Toyota, Volvo, Daimler, Mercedes-Benz, Nio, Honda, Hyundai, BMW, JLR/Jaguar Land Rover, Ford, Renault, Rivian, Samsung, Denso) restarted major assets in Sierre, Switzerland after three months, with about 150 external specialists helping to recover factory. Company expects to resume production by end of October

October 3, 2024 | 07:58am CETflash

J.D. Power, GlobalData cut 2024 global new light-vehicle sales outlook by 200,000 cars, vans from 88.7 million (+2.2%) to 88.5 million (+2%). The 2024 forecast has been revised down for fourth time this year. Primary factors influencing demand trends remain elevated pricing, geopolitical risks, global economic performance, Schuster (GlobalData) said

October 3, 2024 | 07:53am CETflash

Automotive Electric Power Supply Systems 2024: Automotive IQ (IQPC) to hold 10th conference on high-voltage (HV) power supply (400V, 800V, higher), 48V architecture in electric vehicles in Munich, Germany on October 22-24. Representatives of Anadolu Isuzu, Volkswagen, Jaguar Land Rover (JLR), Zeekr Europe, Stellantis, Rimac Technology, Tesla, Nio, Porsche Engineering, SEG Automotive, Vitesco Technologies, Valeo, CATL, Rockfort Engineering, Figure Intelligent Technology, S&P Global Mobility, Yole Group, Wood Mackenzie (WoodMac) to speak at event

October 3, 2024 | 07:44am CETflash

PFA: New car registrations in France down by 11.1% in September, by 1.8% to 1.27 million in Q1-3 (vans up to 5.1 tonnes -15.2%, +5.3%; trucks +45.9%, -1.3%)

October 3, 2024 | 07:35am CETflash

BMW Classic Service: Auto Base (BMW service in Prague, Czechia) received certification for repair, maintenance of historic BMW vehicles older than 20 years (youngtimers, oldtimers/vintage cars)

October 2, 2024 | 07:58am CETflash

EuroCarBody 2024: Automotive Circle (Vincentz Network) to hold 26th conference on car bodies in Bad Nauheim, Germany on October 15-17 with showcases of recently launched projects (BYD Seal, Ford Transit Courier, Honda N-Van e:, Li Auto Mega, Lucid Air, Porsche Taycan, Renault 5, Rivian EDV, Toyota C-HR, U-Shift IV). A2Mac1, Alumobility, ArcelorMittal, Atlas Copco, Bühler, DuPont, FEV Vehicle, Fischer Rohrtechnik, Gestamp, Albert Handtmann Metallgusswerk, Henkel, Hyundai Steel, Mubea, Nemak, Novelis, Salzgitter, Shape, Sika Automotive, SSAB, Tata Steel, ThyssenKrupp, Voestalpine to join exhibition

October 2, 2024 | 07:54am CETflash

Sales of new light vehicles in USA fell in September, but apparently rose in Q1-3 (J.D. Power/GlobalData: -13.2%, n/a, +0.2% to 3.88 million in Q3; Cox Automotive: -11%, +0.9% to 11.79 million, -2.1% to 3.9 million in Q3; S&P Global Mobility: -11.8%, n/a; Edmunds: n/a, n/a, -2.3% to 3.9 million in Q3)

October 2, 2024 | 07:49am CETflash

Battery Technologies for EV/HEV 2024: Automotive IQ (IQPC) to hold 9th conference on EV, HEV battery technologies in Munich, Germany on October 22-24. Representatives of Nio, Jaguar Land Rover (JLR), Volkswagen, Temsa, Ford Otosan, CATL, Valeo, Rockfort Engineering, Acatech, S&P Global, Wood Mackenzie (WoodMac) to speak at event

September 30, 2024 | 11:46am CETflash

AutoSAP: 18,088 (passenger) electric vehicles produced in Czechia in August (+27.1%; 14,625 battery electric vehicles, +41.4%, 3,463 plug-in hybrids, -10.9%), of which 18,072 cars (+27%; Škoda: 12,907 BEVs, +92.5%, 1,911 PHEVs, +9.5%; Hyundai: 1,702 BEVs, -53.2%, 1,552 PHEVs, -27.5%) and 16 buses (SOR: 15 BEVs; Škoda Electric: 0 BEVs; Iveco: 1 BEVs)

September 30, 2024 | 11:41am CETflash

SMMT: Car production in UK down by 8.4% y/y in August, commercial vehicle (buses, coaches, vans, trucks, taxis) manufacturing by 10%

September 30, 2024 | 11:31am CETflash

JATO Dynamics: Electric / electrified vehicle sales in Europe (28 countries) down by 32.1% to 178,436 units (125,070 BEVs, -36%; 53,366 PHEVs, -21%) in August, representing 23.7% share in total registrations (penetration, -5.5pp). Tesla Model Y (13,410 cars, -38%) was best-selling battery electric vehicle (BEV), followed by Volvo EX30 (6,698, new), Tesla Model 3 (5,557, -53%), Škoda Enyaq (5,445, -18%) and Volkswagen ID.4 (4,075, -55%). BMW X1 (2,883, +33%) was best-selling plug-in hybrid (PHEV), followed by Ford Kuga (2,812, -34%), Volvo XC60 (2,718, +44%), Mercedes GLC (1,774, -25%) and Mercedes E-Class (1,465, +295%). Registrations of Chinese automakers (Geely Group 11,991 +52.1%, BYD 3,327 +18.5%, SAIC 3,068 -65.4%, others 1,033 -4.2%) reached 19,419 BEVs (-5.9%), driven by Volvo brand (9,793, +124.9%)

September 30, 2024 | 11:21am CETflash

AutoSAP: Car production in Czechia up by 22.3% y/y in August (Škoda+SEAT +35.7%, Hyundai -24.6%, Toyota +131.8%). Buses (Iveco +8.4%, SOR +33.3%, Škoda Electric 0 units), motorcycles (Jawa +35.6%) successful differently

September 30, 2024 | 11:15am CETflash

GlobalData: New diesel car (including diesel hybrid) sales in Western Europe down by 23.9% in August, penetration (share) down by 1.1pp

September 30, 2024 | 11:06am CETflash

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