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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
SDA: New car registrations in Czechia down by 15.5%/3,462 units in March (companies and entrepreneurs: -3,188, consumers: -274), up by 2.2% to 57,605 in Q1 (vans +6.5%, +18.3%; trucks -20.7%, -16.8%; buses +238.5%, +127.7%; motorcycles -3.1%, +7.7%; trailers+semitrailers -9.4%, -6%)
April 8, 2024 | 12:32pm CETflashread more
SYMA (Systems of Management) 2024: Czech Society for Quality (ČSJ) to hold 26th conference on current trends not only in automotive industry (TISAX, Automotive Core Tools, VDA 6.3:2023, Reverse FMEA, artificial intelligence/AI, digitization of production, optical measurement, carbon duty/CBAM, ESG, HR) in Mladá Boleslav, Czechia on April 11-12. Representatives of Škoda Auto, Continental Automotive Czech Republic, ON Semiconductor Czech Republic (Onsemi), Robert Bosch, ČEZ, Slovnaft, Doosan Škoda Power, Yusen Logistic Czech, 24 Vision, Next Generation Security Solutions (NGSS), Twinzo (5.0 Technologies), DQS Slovakia, Specialist Service, Technical University of Liberec (TUL), Škoda Auto University (ŠAVŠ) to speak at event
April 5, 2024 | 09:57am CETflashread more
AAA Auto (Aures Holdings) Barometer: 121,209 used cars (1,786 HEVs, +147 m/m, +594 y/y; 1,073 BEVs, +88 m/m, +379 y/y), most in last five years, advertised in Czechia in March with mean value (median) of price of CZK 210,000 (EUR 8,300; -CZK 5,000/-2.3% m/m, +CZK 10,000 Kč/+5% y/y). Offer grew by 11,609 cars (+10.6%) m/m, by 8,916 cars (+7.9%) y/y
April 5, 2024 | 09:53am CETflashread more
Škoda Auto expects 81% penetration of beam headlights in LED Matrix version (second generation, with integrated all-weather light instead of conventional fog light) for new Superb (liftback MHEV from CZK 935,000/EUR 36,880, combi from CZK 975,000/EUR 38,460, 4x4 from CZK 1.13 million/EUR 44,380, Sportline and PHEV available later) versus 19% in Standard (LED) one
April 5, 2024 | 09:49am CETflashread more
Automotive Day 2024: Masaryk Institute of Advanced Studies CTU/ČVUT to hold 3rd exhibition of battery and fuel cell electric vehicles and hybrids (over 30 models from 14 brands such as Hyundai, Škoda, Kia, Toyota, Citroën, Volkswagen, Peugeot, BMW, Tesla, Tatra, Suzuki, Lexus) in Prague, Czechia on April 10 with test drives and conference on Contemporary market challenges of automotive industry (electromobility and other alternative drives, car power systems and increasing demands on infrastructure, AI in Automotive, autonomous driving systems). Representatives of ČVUT, AutoSAP, EY (Ernst & Young), CIIRC, Siemens, PRE (Pražská energetika), DPP, Škoda Auto, Tatra Trucks, SDA, Volkswagen, Citroën, Kia, Toyota, Peugeot to speak at conference. Event designed for students, academics as well as general and professional public
April 3, 2024 | 09:57am CETflashread more
CarGarantie: Average car repair costs rose by 6.3% to EUR 657 per claim in 2023, according to damages analysis of around 1 million warranty contracts for new and used vehicles. Electrical system and fuel system (including turbochargers) defects are most often, engine repairs are most expensive. On contrary, electric drive, hybrid system and driving dynamics system are most reliable
April 3, 2024 | 09:52am CETflashread more
Associatons
Insurance companies increased price of damage liability in Czech Rep in 2013 by average of 3%
February 13, 2013 | 02:19am CEToriginalThe reason is the increasing damage to health and the deteriorating economy of this insurance. Expression of CP, Allianz, CSOB and Kooperativa...
read moreThirty-nine HEVs and three EVs registered in Czech Rep in January
February 7, 2013 | 10:59pm CEToriginalDemand for hybrids has more than doubled in the y/y comparison, mainly due to the Japanese brands. There is also a growing interest even in electric cars...
read moreSales of new cars in Czech Rep fell by 6.6% in January, LCV sales by 27.2%
February 6, 2013 | 12:05am CEToriginalThe decline was tempered by Citroen, VW and Hyundai brands. Demand of consumers and firms, the results of brands, demand for trucks and buses...
read moreVintr (UniCredit Leasing): Car financing in Czech Rep stagnated in 2012
February 5, 2013 | 11:53pm CEToriginalEffect of re-exports, false sales and restoring of dealers; developments in the financing of trucks, machines and equipment...
read moreSDA: Nissan Motor, Jaguar Land Rover and BMW Group grew most in Czech Rep in 2012
January 31, 2013 | 11:22pm CEToriginalOn the contrary, carmakers Mitsubishi, Suzuki and Renault Group failed. The results of registrations of all carmakers and brands...
read moreScania to reduce production and cancel hundreds of jobs in Europe
January 31, 2013 | 10:36pm CEToriginalTiming, HR, decline of profit in Q4 2012, increase in orders from Latin America, sale of trailer trucks in Europe in 2012 according to the statistics of ACEA…
read moreCzech Post to expand CNG fleet with more Iveco vehicles
January 29, 2013 | 11:27pm CEToriginalSize of the fleet with this alternative drive will therefore come close to 500 units. Details of the last tender, potential for further recovery...
read more362 HEVs and 94 EVs registered in Czech Rep in 2012
January 27, 2013 | 11:54pm CEToriginalIn December, it was 36 HEVs and 8 EVs. Mercedes and Porsche battery vehicles completed the traditional Japanese and French brands...
read moreCar sales in EU dropped by 8.2% in 2012, to the lowest level over last 17 years
January 17, 2013 | 02:31am CEToriginalOnly four of the 13 largest markets posted growth, including the Czech Republic. Double-digit drop in December, KPMG’s comment, the success of the Skoda brand and Volkswagen Group...
read moreVolkswagen Golf became Car of the Year 2013 in Czech Rep
January 15, 2013 | 02:32am CEToriginalToyota Yaris Hybrid became the Green Car of the Year, Volvo pedestrian airbag the Technical Innovation of the Year. Spot spacing of the finalists...
read moreSales of new cars up by 0.4% in Czech Rep in 2012, down by 14.9% in December
January 8, 2013 | 03:18am CEToriginalThe premium brand – BMW got into Top 10 for the first time. The slump in demand of consumers, brands results, decrease of dealer margins, PwC outlook for 2013...
read moreSale of commercial vehicles in EU fell by 18.5% in November
December 21, 2012 | 01:45am CEToriginalIt is the 11th decline in a row. A significant decrease was shown by all major markets. Development in the Czech Republic...
read moreThirty-six HEVs and twenty EVs registered in Czech Rep in November
December 18, 2012 | 12:23am CEToriginalIn the first 11 months of 2012, these are 326 HEVs and 86 EVs. The traditional Japanese and French brands were completed with Mercedes and Fisker hybrids...
read moreCar sales in EU fell by 10.3% in November, cumulatively by 7.6%
December 16, 2012 | 11:14pm CEToriginalFourteenth decline in a row, growth in the UK, market share growth of the Skoda brand, comments of Credit Suisse and KPMG...
read moreCar sales in Slovakia fell by 5.9% in November, cars burdened with new tax by 12.7%
December 16, 2012 | 10:45pm CEToriginalThe second drop in a row, the drop of VAT collection, reduction in drop by carmakers’ compensation, results for 11 months...
read moreNew car sales in Czech Rep declined in November, the most in 2012
December 5, 2012 | 08:35pm CEToriginalA drop of 10.8% was tempered by Fiat, Nissan and Mercedes-Benz, of the Top 5 VW showed positive results. Registrations of LCVs fell by only 1.2%. Results of brands, PwC’s comment...
read moreAutoRAI 2013: Organizers cancelled next year of Amsterdam Motor Show
December 4, 2012 | 03:59am CEToriginalThe reason is the lack of carmakers’ interest in the Dutch automobile fair registered in OICA calendar, even though the costs of exposing for the last 5 years have fallen to...
read moreSales of commercial vehicles in EU fell by 9.4% in October
November 27, 2012 | 11:09pm CEToriginalIt is the 10th drop in the row. All major markets have reported a decrease. In the first ten months of 2012, sales fell...
read moreMonto became member of Czech Automotive Industry Association
November 26, 2012 | 04:27am CEToriginalThe company offers services of quality control, HR agency and installations of efficient LED and induction lighting. Clients...
read moreFleet of the Year 2013: Most popular fleet car in Czech Rep is Skoda Octavia
November 22, 2012 | 03:43am CEToriginalThis year it was nominated in another category. Individual categories have the following winners - Skoda, Hyundai, Volkswagen and Ford...
read moreCar sales in EU fell by 4.8% in October
November 18, 2012 | 11:53pm CEToriginalThirteenth decline in a row, growth in the UK, signs of stabilization in southern Europe, the positive development in Central Europe, growth in Skoda share, KPMG’s comment...
read moreThirty-nine HEVs and eighteen EVs registered in Czech Rep in October
November 13, 2012 | 05:51am CEToriginalIn the first ten months of 2012, these were 290 HEVs and 62 EVs. The traditional Japanese and French brands were completed in October with a Lexus LS facelift...
read moreZAP: Pessimistic scenario comes true first month after introduction of registration tax in Slovakia
November 12, 2012 | 04:30am CEToriginalAll suffer the consequences - the state budget, carmakers, dealers and ecology. Car sales fell by 16.6% in October, cars affected by the new tax...
read moreCar of the Year 2013 in Czech Rep: Six cars instead of usual five to fight for title
November 8, 2012 | 02:19am CEToriginalThese are representatives of BMW, Ford, Mazda, Mercedes, Toyota and Volkswagen. So far, the contest Supplier for Car of the Year has had...
read moreNew car sales up in Czech Rep in October for first time after three months
November 6, 2012 | 04:04am CEToriginalGrowth of 7.4% was driven by Volkswagen, Kia, Citroen, BMW, Dacia, Audi, Ford and Skoda brands. Registrations of LCVs, trucks and buses went down. Results of the brands, PwC’s comment...
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