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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
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
Associatons
Leasing of cars and LCVs in Czech Rep down in H1, trucks and buses up
August 8, 2011 | 03:53am CEToriginalNumber of contracts concluded, financial and operating leases, fleet management, consumer loans, car financing penetration...
read moreGenerali PPF Holding: Largest accident insurance penetration in CEE in Slovenia
August 8, 2011 | 03:30am CEToriginalSlovakia, Poland, Hungary and Bulgaria follow. In the Czech Republic, clients of Ceska pojistovna are more responsible than other motorists...
read moreSales of new cars in Czech Rep rose by 6.4% in July, LCVs sales by 21.1%
August 4, 2011 | 05:02am CEToriginalAccording to SDA, the July increase has virtually compensated the June drop. Development of trucks and buses, the results of individual brands...
read moreCar insurance market in Czech Rep fell by 7% in H1, damage liability more than accident insurance
July 29, 2011 | 05:17am CEToriginalNumber of insured vehicles increased by 170,000 units, premium has thus been getting cheaper. The results of insurance companies...
read moreSales of commercial vehicles in EU rose by 1.5% in June, disappointing analysts’ expectations
July 27, 2011 | 04:48am CEToriginalThis is a significant reduction in the growth rate from 25.1% in May. Sales of vans have even decreased and it is the first decline since February 2010. The outlook for the next months...
read moreCLFA: New Consumer Credit Act restricted availability of car financing
July 17, 2011 | 09:57pm CEToriginalThe leasing companies have reportedly started refusing to fund cars from unverified vendors. The issue of financial leasing...
read moreSales of passenger cars in EU fell by 8.1% in June, by 2.1% in H1
July 17, 2011 | 09:20pm CEToriginalThe decline in June was showed by all the major automotive markets of the EU. The reason is the effect of scrapping bonus and economic and consumer uncertainty...
read moreCLFA: Number of clients resigning from credit contracts within 14 days rose only by 0.5% in H1
July 14, 2011 | 06:35am CEToriginalThe effect of the new law on product prices, the situation at companies Provident Financial, GE Money Auto, Cofidis, Home Credit...
read morePekny (SDA, Kia): Real transaction prices of new cars in Czech Rep has not been changing significantly, communication prices go further down
July 12, 2011 | 05:48am CEToriginalThe price difference between the Czech Republic and Western Europe, the benefits of re-exports, development of the finance penetration, the impact of the shortened depreciation...
read moreCar Importers Association considered including non-members in stickers project
July 12, 2011 | 05:00am CEToriginalThe project could thus include dealerships and service shops of Skoda and Hyundai in the Czech Republic. Launching the project and a database of authorized partners...
read moreSales of new cars in Czech Rep fell by 12.8% in June, LCV sales by 15.4%
July 8, 2011 | 04:42am CEToriginalAccording to SDA, the affect of depreciation exception still continues. Results of individual brands, the spring evaluation, reduced outlook for 2011...
read moreSales of commercial vehicles in EU rose by 25.1% in May
June 30, 2011 | 12:38am CEToriginalIt is an acceleration of growth from 9.5% in April. In the Czech Republic, sales went up by 27%, some European countries, however, showed a sharp decline...
read moreAutoBinck sold 5,500 new and 1,400 used cars to customers in Czech Rep in 2010
June 28, 2011 | 01:09am CEToriginalSales of brands and car dealerships, results in Q1 2011, sales of used cars, results and plans of Business Lease, 20 years on the market...
read moreVemex wants to install 10 public CNG filling stations in Czech Rep by 2013
June 23, 2011 | 04:32am CEToriginalVemex is negotiating it with petrol stations and at the same time it wants to build filling equipment in companies. The next step is to make run the fleet on CNG…
read moreGE Money Auto wants to defend primacy in used cars and enhance its position in new cars in 2011
June 20, 2011 | 02:52am CEToriginalThe number of new contracts in 2010 and expected growth in the years 2011 and 2012, the share of captive/branded financing in the Czech Republic...
read moreSales of new cars in EU rose by 7.1% in May
June 20, 2011 | 02:47am CEToriginalAfter five months of 2011, sales show a drop of 0.8%. Results of individual countries including the Czech Republic and Slovakia, KPMG's outlook...
read moreSDA, SAP agree to transfer part of money for environmental disposal of car wrecks elsewhere
June 9, 2011 | 01:16am CEToriginalIn 2010, two thirds of finances were not used. Statistics on receiving money from the environmental tax in the Czech Republic (the fee for re-registration of a used car)...
read moreVeletrhy Brno wants to attract Slovak companies to Autotec in 2012
June 7, 2011 | 04:30am CEToriginalThe organizer has begun leading talks with ZAP. The fair designed for professionals might thus have around 500 exhibitors...
read moreSales of new cars fell by 2.5% in Czech Rep in May, LCV sales rose by 0.3%
June 6, 2011 | 05:51am CEToriginalAccording to the SDA, the affect of depreciation exception continues. Demand for trucks has more than doubled, after buses it has increased by 10%. The results of individual brands...
read moreAllianz intends to further improve damage liability portfolio in Czech Rep, willing to attract decent drivers
June 1, 2011 | 04:55am CEToriginalThe insurance company has cheapened damage liability for decent drivers. On the contrary, it has increased the price for offenders. Details of pricing changes, the insurance supplement...
read moreEU sales of commercial vehicles up by 9.5% in April, by 17% in Czech Rep
May 30, 2011 | 01:16am CEToriginalSales of light and medium commercial vehicles rose by 5%, sales of heavy trucks by more than 50%...
read moreExperts: April drop in sales of new cars in Czech Rep probably caused by several factors, May can confirm some
May 19, 2011 | 09:45pm CEToriginalOpinions of PwC, KPMG, SDA, AAA Auto; the impact of depreciation exceptions, the earthquake in Japan and a drop in fleet sales...
read moreCar financing in Czech Rep up by 7.8% in Q1 for the first time after several quarters of decline
May 19, 2011 | 12:57am CEToriginalMost companies strengthened, Home Credit recorded three-digit growth. A newcomer in the Top 20 is a Czech company, RT Torax. The results of companies...
read moreNew cars sales in EU fell by 4.1% in April
May 18, 2011 | 05:00am CEToriginalAll major markets excluding Germany suffered sales decline. Negative news from southern Europe, the impact of earthquakes in Japan...
read moreCLFA prepared draft to amendment of Consumer Credit Act
May 16, 2011 | 10:06pm CEToriginalThe association updated 22 points; in most of them it reached an agreement with many state institutions. Other issues of the financial sector to be solved...
read more
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