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Mitterwald (LeasePlan): Operating lease market in Czech Rep to stagnate in 2010

March 9, 2010 | 02:02am CEToriginal
Many companies, according to Mitterwald, are extending existing contracts for operating leases in times of the crisis instead of purchasing new cars...
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Skoda is most imported brand of used cars to Czech Rep this year, overtook Ford

March 8, 2010 | 11:29pm CEToriginal
While imports of Skoda cars fell by 2% this year, the imports of Ford cars by 20%. Structure of Skoda cars imported by age...
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SkoFIN registered decrease of new contracts by 31.8% and volume of transactions by 39.6% in 2009

March 7, 2010 | 11:31pm CEToriginal
However, the decline was less than the fall registered by the entire Czech market. Nevertheless, the company managed to significantly increase non-leasing financing…
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CKP: Number of road accidents increased by 3% in Czech Rep in 2009

March 5, 2010 | 12:40am CEToriginal
However, police investigated only 74,363 accidents, which is by 53% y/y less. Development in passenger cars, with damage to and over CZK 100,000, with an injury/death...
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Sales of passenger cars and light commercial vehicles in Czech Rep fell by 7.3% in first two months

March 4, 2010 | 03:57am CEToriginal
The registrations of passenger cars have increased by 17.3%. The results are distorted by the last year's change in the VAT Act...
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SAP: Trade unions demand increase in wages by 5% in 2010, companies considering maximum of 1.5%

February 28, 2010 | 11:46pm CEToriginal
Salary growth reached only 0.7% in 2009. The current wage situation in the carmakers Skoda Auto, TPCA, Hyundai Motor Manufacturing Czech and Tatra...
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Sales of commercial vehicles in Europe decreased by 12.3% in January

February 28, 2010 | 10:59pm CEToriginal
The sale is therefore showing a fall for 21 months in a row already. The market of commercial vehicles is now showing signs of stabilization, but...
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Fort (Hyundai): We aim to move one brand forward every year and to become leader among Czech importers in 2012

February 24, 2010 | 10:14pm CEToriginal
In 2010, Hyundai plans to increase sales by a third and market share by 2 percentage points. This year, the entire Czech market should fall by...
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SAP: Number of workers in Czech automotive industry down by 14,000 people in 2009

February 24, 2010 | 12:15am CEToriginal
The decline in the number of staff almost exclusively occurred in H1. However, the average wage rose by...
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Non-payers of damage liability paid CZK 66.5 million to CKP in 2009

February 23, 2010 | 02:29am CEToriginal
Nearly 133,000 people were summoned to pay the allowance. The number of uninsured cars on Czech roads fell in 2009...
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Car sales in EU increased by 12.9% in January, by 13% in Europe

February 17, 2010 | 03:19am CEToriginal
Sales rose by 15.7% in Western Europe, while in Eastern Europe, it fell by 23.5%. For the whole 2010, ACEA expects...
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SAP has prepared project AutoAdapt, ministry not willing to grant it

February 16, 2010 | 12:09am CEToriginal
This project focused on the increase of workers’ adaptability in the automotive industry is a follow-up to IQ Auto and IQ Industry. Budget, partners and project’s details...
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EXPECTED DEVELOPMENT IN AUTOMOTIVE: Jahn: New production and progress of R&D not to be in Czech Rep without euro

February 14, 2010 | 11:57pm CEToriginal
However, due to the budget deficit, the introduction of the euro is being postponed from previously contemplated years 2012 and 2013 to...
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Matula (CLFA): Financing of used vehicles to grow in 2010

February 12, 2010 | 12:34am CEToriginal
Companies will resort to financing with short-term liability. Leasing companies in cooperation with suppliers of equipment...
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Leasing of movable assets fell by 53.3% in Czech Rep in 2009, consumer loans by 24.5%

February 11, 2010 | 10:53pm CEToriginal
Share of the growth in operating leases continued in total leasing of movables. The outlook for 2010...
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Sales of new passenger cars in Slovakia stagnated in January

February 8, 2010 | 11:11pm CEToriginal
Demand for light commercial vehicles fell by 8%, for medium-sized trucks by more than 50% while demand for trucks went up by more than 20%. In January premium brands were well off...
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CLFA: Many companies in Czech Rep not aware of accelerated depreciations’ option

February 5, 2010 | 12:24am CEToriginal
At present, it is a border period for a decision to purchase new vehicles since the waiting time is four months or more. Financial leasing has become more favourable than...
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CAP: Insurance companies investigated fewer cases in 2009, revealed frauds for more money

February 4, 2010 | 11:46pm CEToriginal
Saved value was increased by 9.1% in 2009 together with a downturn in investigated claims by 6.5%. In insurance of motor vehicles...
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Sales of Volkswagen Group in Czech Rep fell by 2.6% in 2009, registrations by 12.9%

February 3, 2010 | 08:20pm CEToriginal
The reasons for this difference, sales and registration of individual brands and outlook of Import Volkswagen Group general manager Rudolf Javurek...
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Sales of vehicles under 3.5 t fell by 7% in Czech Rep in January

February 3, 2010 | 07:57pm CEToriginal
Purchases of companies made up 61.5% of all vehicles sold (37% in January 2009). Prevalence of company cars was reflected in the share of business segments...
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CAP: Insurance companies increased premiums by 2.5% in 2009, by 0.6% in non-life insurance

January 28, 2010 | 12:55am CEToriginal
The overall stagnation within the non-life insurance also participates in car insurance. In 2009, premiums for accident insurance...
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Commercial vehicles sales in Europe fell by 32.4% last year, in December by 10.6%

January 27, 2010 | 01:38am CEToriginal
Baltic States recorded the worst decline, and France had the best sales. In the Czech Republic and Slovakia...
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Czech car market declined by more than 20% last year

January 25, 2010 | 01:59am CEToriginal
The interest decreased mainly regarding the used cars, both from abroad and local used car centres as well as from Czech owners...
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Car Importers Association wants government concept of transport development in Czech Rep

January 19, 2010 | 02:08am CEToriginal
SDA calls on the government to somehow support the fleet renewal. Considering car drives, the nearest future is in...
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Passenger car sales in Europe down by 1.6% last year, in December up by 16%

January 18, 2010 | 01:49am CEToriginal
According to PwC, it might fall by 6.2% this year. The markets, which were not supported by the scrap bonus in 2009, should keep at last year's numbers...
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Source: ECB, April 29, 2024