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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
JATO Dynamics: Germany (20% share in total registrations in Europe) was largest supplier (assembly origin) of new cars for European market in January-February, followed by Spain (14%), Czechia (9%), France (7.9%), Slovakia (4.9%), Japan (4.6%), UK (4.5%), Turkey (4.3%), China (4%) and others (27%). As for battery electric vehicles (BEVs), order is different – Germany (33%), China (20%), Spain (7%), Czechia (5.5%), France (5.1%), Japan (3%), UK (1.6%) and others (24%). Approximately 44% of all volumes of made-in-China cars imported by Western brands including Tesla, Volvo and Dacia, while 40% by MG and 16% by other Chinese brands, Munoz pointed out
April 3, 2024 | 09:40am CETflashread more
MOVE 2024: MTP to hold international mobility congress at Motor Show in Poznań, Poland on April 4. Representatives of Volkswagen Group Polska, Volkswagen Poznań, Audi, Scania Polska, MAN Truck & Bus, Daimler Truck Polska, Iveco Poland, Volvo Trucks Poland, Stellantis, Volkswagen Financial Services, Polenergia eMobility, mPower, High Yield Battery Fab (HYBF), Wielton, Umicore Battery Materials Poland, Intel Poland, Ionway, PKN Orlen, ARP e-Vehicles, Durapower, Bergman Engineering, Bain & Company, Claritas Investments to speak at conference
March 29, 2024 | 01:56pm CETflashread more
JATO Dynamics: Electric / electrified vehicle sales in Europe (28 countries) up by 10.7% to 202,940 units (130,672 BEVs, +10%; 72,268 PHEVs, +12%) in February, representing 20.5% share in total registrations (penetration, +0.1pp). Tesla Model Y (19,940 cars, +8%) was best-selling battery electric vehicle (BEV), followed by Tesla Model 3 (7,912, +71%), Peugeot 208 (5,322, +31%), MG4 (5,231, +93%) and Volvo XC40 (4,604, +6%). Volvo XC60 (4,341, +38%) was best-selling plug-in hybrid (PHEV), followed by Ford Kuga (3,178, -6%), BMW X1 (2,654, +105%), Mercedes GLC (2,462, +75%) and Audi A3 (2,286, +193%)
March 29, 2024 | 01:46pm CETflashread more
Institutions
CSU: Prices of vehicle producers decreased by 2.7% m/m in March
April 15, 2009 | 02:55pm CEToriginalPrices of industrial producers in the Czech Republic declined by 2% y/y in March, which is the highest decline since...
read moreCSU: Revenues of dealers and motor cars repairers down by 11.9% y/y in February
April 14, 2009 | 07:15pm CEToriginalSeasonally adjusted sales revenues in wholesale, retail business and car repair points have increased m/m by…
read moreCSU: Motor vehicles production contributed to the y/y industrial production decline the most
April 14, 2009 | 04:37pm CEToriginalScrap bonus in Germany and Slovakia should according to analysts reflect in industrial production by...
read moreCSU: Fuel went up by more than 70 hellers within last week
April 10, 2009 | 02:27pm CEToriginalThe most selling petrol Natural 95 has gone up in 15th week in comparison with the previous week at the average by...
read moreOil price rise marked up the fuel by 2.4% on the Czech market in March
April 9, 2009 | 04:54pm CEToriginalThe fuel at petrol stations in the Czech Republic went up m/m in March, only diesel oil and LPG became cheaper…
read moreCars sold on the Czech market cheaper by 11.8% y/y in March, by 0.4% m/m
April 9, 2009 | 01:45pm CEToriginalNot only prices of the new cars decreased, but also the used cars and motorcycles have become cheaper. Service works, spare parts and equipment…
read moreEIB approved further EUR 866 million loans to EU carmakers
April 8, 2009 | 12:34pm CEToriginalThe European Investment Bank has approved EUR 866 million for EU carmakers to help develop and build cleaner cars...
read moreCSU: Fuel price decreased slightly over week
April 3, 2009 | 04:05pm CEToriginalIn the ending 14th week, the most selling petrol Natural 95 has become cheaper in w/w comparison on average by…
read moreEuropean Parliament calls for energy labels for tyres
April 2, 2009 | 12:36am CEToriginalEuropean Union tyre labels will show fuel-efficiency, safety and noise performance...
read moreEC to provide up to EUR 100 million in funding to ITS Roads projects
April 1, 2009 | 01:49pm CEToriginalThe European Commission has earmarked nearly EUR 1 billion in funding for European infrastructure projects including Intelligent Transport Systems for Roads…
read moreCSU: Fuel cheaper during week, Natural 95 even by 22 hellers
March 27, 2009 | 11:33am CEToriginalThe most selling petrol Natural 95 has become cheaper in the ending 13th week in comparison with the previous week on average by…
read moreACEA welcomes European Parliament’s call to support Europe‘s auto industry
March 26, 2009 | 08:37pm CEToriginalEuropean carmaker association ACEA expressed satisfaction with EPs’ call for measures to support the automotive industry by...
read moreCSU: Natural 95 up by 15 hellers during week, diesel slightly cheaper
March 20, 2009 | 09:49am CEToriginalThe most selling petrol Natural 95 has become more expensive w/w in the ending 12th week by…
read moreEC allowed Czech Rep three programs for acquisition and renewal of vehicles in public transport
March 17, 2009 | 05:33pm CEToriginalAll three programs will be valid till the end of 2014 and will be supported in total...
read moreFinancial services more expensive by 0.3% m/m in February
March 16, 2009 | 09:06pm CEToriginalPrices of financial services including insurance raised y/y in February, however, the prices stagnated m/m…
read morePrices of transport vehicles producers increased by 2.6% in m/m comparison in February
March 16, 2009 | 04:18pm CEToriginalPrices of transport vehicles producers in February rose in y/y and m/m comparison by...
read moreCSU: Fuel prices falling slightly
March 13, 2009 | 10:48am CEToriginalThe most selling petrol Natural 95 has become cheaper in the ending 11th week in comparison with the previous week by...
read moreDriving fuel oppose fall of inflation, price down by one fifth y/y though
March 9, 2009 | 11:43pm CEToriginalIn February, driving fuel sold by the filling stations in the Czech Republic became more expensive in m/m comparison, only LPG became cheaper…
read moreCar prices on Czech market down by 11% y/y, by 0.5% m/m
March 9, 2009 | 11:10pm CEToriginalPrices of new cars as well as used cars and motorcycles decreased. Service work, spare parts and accessories…
read moreCSU: Fuel prices lowered during week, Natural 95 down by 18 hellers
March 6, 2009 | 11:24am CEToriginalThe most selling petrol Natural 95 has become cheaper in the ending 10th week in comparison with the previous week by...
read moreCSU: Natural 95 up by CZK 0.87, diesel price rose slightly
February 27, 2009 | 04:25pm CEToriginalIn the 9th week, the most selling petrol Natural 95 raised its price on average by...
read moreFinancial services rised prices in January, insurance included
February 20, 2009 | 07:52pm CEToriginalPrices of financial services, including insurance in January interannually and month to month…
read morePrices of transport equipment manufacturers stagnated in January
February 20, 2009 | 07:05pm CEToriginalPrices of transport equipment manufacturers stagnated in January at last year’s level. However, according to month-to-month comparison…
read more
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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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EXCHANGE RATES
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Source: ECB, May 8, 2024