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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
Operating Sphere+Region
Skoda Auto suspended some new projects, some of them to fall behind
November 22, 2009 | 06:43pm CEToriginalThe priority is to produce cheap and low-cost models now. A cheap middle class sedan will arrive after a mini car from Bratislava whereas the Octavia third generation and MPV will fall behind…
read moreJaguar Land Rover to choose a new importer for Czech Rep by end of January 2010
November 22, 2009 | 05:38pm CEToriginalEven though A.M.T. Moravia with showrooms in Brno and Ostrava has been insolvent, the sale in the Kolbenova Street in Prague has been converted to a new company…
read moreDomansky terminated sales of Mitsubishi cars in Zdiby near Prague
November 22, 2009 | 04:45pm CEToriginalHowever, the company remains an authorized service partner of Mitsubishi. The reason of the end of cooperation is…
read moreNew car sales in Czech Rep exceeded import of used cars from abroad after five years again
November 22, 2009 | 03:10pm CEToriginalEven though car prices went down by 40% y/y, sales are still falling down. Small local showrooms are the worst off…
read moreIIR holds conference HR Managers’ Meeting 2009
November 22, 2009 | 01:25pm CEToriginalThe 12th year of the event has also a separate block of financial sector and production sphere. Representatives of insurance and automotive companies will also be speaking there...
read moreTire producer Michelin plans to expand in Russia
November 22, 2009 | 11:28am CEToriginalIf Russian market revives in a year, Michelin will initiate projects for increasing capacity markedly and for expansion of distribution network…
read moreGeneral Motors wants to keep all plants of carmaker Opel
November 22, 2009 | 10:41am CEToriginalHowever, reduction of production capacities will occur and up to 10,000 jobs will be cut. GM will introduce a restructuring plan for Opel in…
read moreSupervisory boards of Volkswagen and Porsche approved details of merging the carmakers
November 22, 2009 | 09:39am CEToriginalVolkswagen repeated that it would buy a 49.9% share in Porsche by the end of this year for…
read moreSantander leaves automobile financing in Central Europe, shifts interest to South America
November 20, 2009 | 02:27am CEToriginalAfter having terminated cooperation with AAA Auto and Mazda in the Czech Republic and Slovakia, its partnership with Nissan on Czech market is running out…
read moreA.Charouz: We do not intend to cut current jobs within the group centrally
November 20, 2009 | 01:47am CET, updatedoriginalThe company has thus contravened an information of Autofox saying the group intends to cut 15% of jobs during November, 2009 until February, 2010...
read moreHyundai: Scrap bonus CZK 30,000 to be last time extended in Czech Rep till end of year
November 20, 2009 | 01:22am CEToriginalAt present, the scrap premium applies to 400 stock cars i10, i20 and i30. The basic price of each car has thus reduced to...
read moreVolkswagen increased sales by 11.1% in October, Skoda Auto by as many as 33%
November 20, 2009 | 12:57am CEToriginalThe y/y decline in sales of Auto Skoda was only 1.7% over ten months of this year. The Czech carmaker has already surpassed the limit of 100,000 sold cars in China. Particular models…
read moreFleetCor intend to expand fleet management in Europe, buying Czech company CarNet
November 19, 2009 | 09:15pm CEToriginalThe existing fleet management and telematics Tracker in the Czech Republic, which has been bought by FleetCor in 2007...
read moreTwo showrooms Audi Terminal to be opened in Prague Q1 2010
November 19, 2009 | 05:36pm CEToriginalThe second and third Audi Terminal in the Czech Republic, bringing service zone pit-lane, aluminium bodywork repairs and a separate sale of used cars, will be opened by dealers...
read moreToyota Motor wants to have all its models with plug-in hybrid drive by 2020
November 19, 2009 | 04:32pm CEToriginalSome Toyota and Lexus models will be fully electric. Toyota Prius plug-in and Lexus IS plug-in will come into the market in…
read moreA. Charouz expands in Moravia, bought another dealer in Brno
November 19, 2009 | 03:22pm CEToriginalThe A. Charouz Group has been formed by dealerships in Bohemia for a long time only. After company CARent, another dealer joined the group this year…
read moreLexus plans on a slight growth in car sales in Czech Rep this year
November 19, 2009 | 02:39pm CEToriginalSales of Lexus in the Czech Republic have held a stable position of over 250 cars in recent years. Extending the number of selling points in Czech and Slovak markets…
read moreReilly: GM to cut up to 10,000 job in Europe and plans to reduce production capacity by up to 25%
November 19, 2009 | 01:30pm CEToriginalTherefore, one fifth of the total number of Opel’s employees would lose their jobs. The European Commission arranged a meeting on Monday…
read morePetr Kohout left Essox to develop activities of affiliated company in Vietnam
November 16, 2009 | 08:30pm CEToriginalSociete Generale plans for a large expansion in Vietnam. In the Czech Republic, Kohout will be replaced on the post of Essox financial and operations manager by…
read moreCCS: Driving fuels slightly cheaper in Czech Rep after three weeks of prices going up
November 16, 2009 | 07:30pm CEToriginalPetrol Natural 95 became cheaper by 8 hellers on average to CZK 28.41/L last week and also diesel by 8 hellers to…
read moreAAA Auto: Over 62% of used cars bought on weekends this year, 47% of sales fall on weekends last year
November 16, 2009 | 06:30pm CEToriginalAccording to AAA Auto, people also visit used car shops in the evenings on weekdays more. However, clients choose the cars on the web during the working time…
read moreCar sales in Europe up by 11.2% in October, down by 5% over ten months
November 16, 2009 | 05:29pm CEToriginalOctober sales in Western Europe went up by 15.8% but went down by 36.9% in Eastern Europe. The exception was the Czech Republic…
read moreMinistry of Transport closed one STK and 25 emission measuring stations this year
November 16, 2009 | 04:21pm CEToriginalThe Ministry of Transport deprived company STK Jarov, which carried out technical inspections in Auto Jarov zone in Prague, of a license. STK is now run by company…
read moreKia Motors showed a record quarter profit of KRW 402 billion in Q3
November 16, 2009 | 03:09pm CEToriginalThe carmaker thus surpassed analysts’ estimations by a third; returned to a profit y/y and increased its profit q/q by…
read moreZVEI holds conference Competence in Automotive Electronics 2009 in Munich on December 8
November 16, 2009 | 02:06pm CEToriginalIt is the sixth year of the event focused on suppliers of electronic and electrical automotive parts. At the conference the following will be speaking…
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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