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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
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
Associatons
CLFA: Market for non-bank financing to increase in 2011
May 15, 2011 | 11:08pm CEToriginalThe Association expects leases to grow by 8%, then a slight increase in loans, and as for the factoring it might be over 10%. The lack of used trucks in Europe...
read moreCzech Rep wants to expand number of cars to which environmental tax applies
May 12, 2011 | 02:02am CEToriginalThe tighter rules will probably be applied in three years, because the limit will move by 6 years from 2014. Vehicles meeting Euro 3, the greater volume from tax collection...
read moreLeasing of movables in Czech Rep grew by 20.9% in Q1, thanks to photovoltaic energy
May 10, 2011 | 03:44am CEToriginalThe number of contracts, financial and operational leasing, fleet management, the share of new and used cars leasing, consumer loans...
read moreSDA, importers: Re-exporting cars within EU is legitimate and economically justified behavior
May 5, 2011 | 07:59am CEToriginalIn addition, Hyundai allegedly re-exports cars as well. ACEA and the EC work with the first car registrations. The price war in the segment of smaller models in the Czech Republic...
read moreTölgyesi (LeasePlan): Operating lease market in Czech Rep to rise by up to 5% in 2011
May 5, 2011 | 01:59am CEToriginalIt should follow in a recovery in H2 2010. LeasePlan managed to reverse the earlier decline in the share of new contracts and since then it has been growing...
read moreSales of new cars in Czech Rep down by 3.2% in April, sales of LCVs by 0.5%
May 5, 2011 | 01:51am CEToriginalDemand for trucks and buses rose by double-digit pace. Results in January-April 2011...
read moreHyundai Motor Czech wants to secede from Car Importers Association
May 4, 2011 | 05:16am CEToriginalThe reason is the passivity of SDA on the issue of re-exports. Hyundai has allegedly surpassed Ford and Volkswagen in the sales of new cars in the Czech Republic. Reaction of SDA...
read moreCar insurance market in Czech Rep decreased by 8.6% in Q1, damage liability by double-digit pace
April 28, 2011 | 02:55am CEToriginalThe number of insured vehicles increased by 131,000 units, the insurance is thus getting cheaper. Results of insurance companies...
read moreCar sales in EU down by 5% in March, by 2.3% in Q1
April 20, 2011 | 12:15am CEToriginalEuropean market for passenger cars is still below the average of the years 2005 to 2008. Sales of Volkswagen and Skoda...
read moreJirina Tapsikova of SkoFIN became new CLFA’s chairwoman
April 18, 2011 | 03:59am CEToriginalShe has replaced Jiri Matula, who is no longer an employee of the member company, but of the parent company UniCredit Leasing. Other changes in CLFA...
read moreCar importers identify dealerships and service points by stickers in Czech Rep
April 11, 2011 | 03:46am CEToriginalAt the same time, the SDA runs a database of authorized partners. Details of both activities, including stickers...
read moreSales of new cars in Czech Rep up by 0.3% in March, sales of LCVs up by 29%
April 7, 2011 | 05:00am CEToriginalDemand for trucks and buses doubled. Results in Q1, analysts’ outlook for the whole year 2011, the impact of the earthquake in Japan...
read moreSales of new cars in Slovakia up by 20% in Q1
April 7, 2011 | 04:11am CEToriginalDominant brand Skoda increased sales by 14%, but its market share went down. It is followed by Renault and Volkswagen...
read moreSales of commercial vehicles in EU rose by 17% in February
March 30, 2011 | 02:29am CEToriginalThe market has continued in recovery after an increase of 20 % in January. Sales of LCVs and trucks...
read moreCar financing down by 5.4% in Czech Rep in 2010, both large and smaller players strengthened
March 23, 2011 | 05:22am CEToriginalDouble-digit growth was recorded by UniCredit Leasing, Toyota Financial Services and Raiffeisen - Leasing, the largest decline by FCE Credit. Results of the companies...
read moreCar production in Czech Rep up by 9.4% in 2010, similarly to production of components
March 23, 2011 | 04:38am CEToriginalSkoda Auto increased production by 9%, Hyundai by 69.6%, Avia by 69.6%, Tatra by 15.2%, SOR by 11.9%. Conversely, TPCA, Iveco and Tedom decreased production...
read moreCar sales in EU returned to growth in February
March 17, 2011 | 04:36am CEToriginalMost national markets increased sales in February, but some major economies registered a decline. View of KPMG with respect to the earthquake in Japan...
read moreSales of new cars in Czech Rep up by 16% in January, LCV sales up by 6.3%
March 4, 2011 | 02:16am CEToriginalDemand for trucks went up by two thirds, demand for buses fell. Cumulative results for two months of 2011...
read moreSales of commercial vehicles in EU rose by 20% in January
February 28, 2011 | 11:41pm CEToriginalThe growth has thus accelerated from 12.5% recorded in December. In Germany, sales of commercial vehicles rose by more than 40%, in the Czech Republic and Slovakia...
read moreDecrease in car sales in EU slowed to 1.4% in January
February 17, 2011 | 02:29am CEToriginalIn December 2010 the fall was 3.2% though. Results of the Volkswagen Group and its brand Skoda, comments and expectations of KPMG...
read moreLeasing of movables in Czech Rep up in 2010 due to strong Q4, consumer credit down
February 11, 2011 | 04:34am CEToriginalThe number of contracts, financial and operational leasing, fleet management, the share of leasing of new and used cars...
read moreSales of new cars in Czech Rep rose by 8% in January, LCV sales fell by 0.6%
February 4, 2011 | 05:43am CEToriginalDemand for trucks increased by a half, demand for buses fell by a third. Import of used cars increased...
read moreMarket for auto insurance in Czech Rep fell by 6.3% in 2010, damage liability more than accident insurance
February 1, 2011 | 01:26am CEToriginalThe number of insured vehicles grew by 96,000 units though. Reasons, results of insurance companies...
read moreSales of commercial vehicles in EU increased by 12.5% in December, by 8% over 2010
January 26, 2011 | 11:01pm CEToriginalAs for the Czech Republic, sales of LCVs, trucks and buses increased by 20.7% in December, for the full year 2010, however, they decreased by 28.8%...
read moreNumber of cars with damage liability increased by 1.9% in Czech Rep in 2010
January 25, 2011 | 03:34am CEToriginalSlavia and Allianz gained most of the new clients; the biggest decline was recorded at Ceska pojistovna. The results of individual insurers, brokers’ comments...
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SELECTED FLASH NEWS
Fischer Surface Technologies (manufacturer of chrome-plated plastic parts for interior...
In referendum in October 2021, residents of Třemošnice, Czechia expressed their opposition...
Cebia establishes cooperations with automakers in field of motor vehicle approval process...
Miloslav Pavlas senior, Miloslav Pavlas junior's Kovolis Hedvikov Holding (owner of...
Plastika (manufacturer of plastic parts for automotive, electrical industries with 580...
Auto Motol Beni/AMB Praha (MVC Automotive Group; Ford dealer in Ořech near Prague...
Kaufland (Schwarz Group) to invest over CZK 2 billion (EUR 83 million) in expanding...
Arrogance Equipment/Trim: ČSOB Poisťovňa launched campaign in Slovakia for car insurance...
JLR You Owe Us: Milberg London filed group action against Jaguar Land Rover (Tata Group)...
Formel D (3i Group 57.93%, CITIC Capital 23.78%; service provider for automotive, supply...
Letoplast (manufacturer of plastic parts for automotive, other industries with 320...
Energy crisis, ESG: Gumotex (manufacturer of rubber, plastic products with 1,700 employees...
Volvo Cars started publishing in car configurators in some countries (UK, Germany)...
Škoda Auto to expand existing Emissions Centre South in Mladá Boleslav, Czechia in area of...
Toyota Tsusho (Toyota, Lexus dealer in Prague, Czechia) to build Toyota Professional...
Certina Group acquired PAL (manufacturer of wipers for Volkswagen, Škoda Auto, Audi, SEAT...
Jaguar Land Rover started publishing in car configurators in some countries (UK) delivery...
ESG, e-Mobility: CB Auto (Volkswagen, SEAT, Škoda, VW Commercial Vehicles, Mazda, Kia...
Škoda Auto introduced system in Czechia enabling dealerships/service centers to invest in...
CarGarantie became partner of Mobile.de (Adevinta Group) for online purchase of used cars...
Bártek: Servind planns significant expansion of headquarters in Tuchoměřice near Prague...
Autorola signed new 4-year contract with BMW Group to build closed B2B platform in Europe...
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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