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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
GM Europe head Carl-Peter Forster quits
November 10, 2009 | 06:47pm CEToriginalForster belonged to supporters of Opel sale which GM decided to keep eventually. Forster will probably be replaced by…
read moreSkoda Auto initiated serial production of model Superb Combi in Kvasiny
November 10, 2009 | 06:27pm CEToriginalFirst ordered cars will be delivered to customers in late November. Regarding production of Superb Combi in China…
read moreExclusive passenger transport to Prague Airport to be provided by car rental Dvorak with BMW cars
November 10, 2009 | 05:55pm CEToriginalA limousine will pick passengers up in Prague and will deliver them to VIP Terminal and then directly to the airplane. BMW 7 Series cars will be expanded by…
read moreGeneral Motors: Car sales in China to grow by 10% per year even without government support
November 10, 2009 | 05:21pm CEToriginalThe US carmaker expects the market to grow by 10% this year and next year as well. According to GM, in 2010 there will be sold…
read moreSlovakia to provide further support for investment of carmaker Kia Motors
November 10, 2009 | 04:03pm CEToriginalThe support refers to automotive supplier Hyundai Mobis as well. The town of Zilina, where the plant is located, will use the financial resources for…
read moreFiat’s net profit dropped by 95% in Q3
November 10, 2009 | 03:09pm CEToriginalThe company's revenues fell by 16% to EUR 12 billion. Revenues of the automobile division itself declined by...
read moreRenault to grant financial support to Russian carmaker AvtoVAZ
November 10, 2009 | 02:01pm CEToriginalThe French carmaker will support restructuring of AvtoVAZ, which is now trying to avert bankruptcy, by an unspecified sum of money…
read moreGerman carmaker Daimler returned to net profit in Q3 after a loss in Q2
November 10, 2009 | 12:57pm CEToriginalHowever, the net profit dropped by nearly 75% y/y. According to Daimler, the worldwide demand for cars in 2009 will decline by only…
read moreToyota wants to open ecological retailers in Europe, current dealers to undergo audits
November 9, 2009 | 11:54pm CEToriginalThe main aim will be as high savings of energy, water and CO2 reduction as possible. Pilot projects have already started...
read morePrices of cars sold on Czech market slightly fell in October
November 9, 2009 | 11:40pm CEToriginalNew cars became cheaper by 0.1%, prices of used cars have stagnated. However, spare parts and service works went up...
read moreGeneral Meeting of AAA Auto Group removed Antonius Kemp from Board
November 9, 2009 | 11:30pm CEToriginalHis successor has not been decided yet. The reason for his appeal is...
read moreCCS: Fuel continue to become more expensive in Czech Rep for third week already, stagnating in Slovakia
November 9, 2009 | 11:22pm CEToriginalPetrol and diesel became more expensive at Czech filling stations by more than 30 hellers. Development during this week…
read moreDownturn in revenues of carmaker PSA slowed down in Q3 due to government incentives for sales
November 9, 2009 | 07:14pm CEToriginalPSA’s revenues declined by 7/7% y/y in Q3; the downturn made nearly 25% in Q2. However, the carmaker warned of a drop of market in…
read morePSA to increase production in Slovakia by more than 7% this year and thus to exceed original plan
November 9, 2009 | 06:15pm CEToriginalIn November an exchange in the position of manager of plant in Trnava will occur. Jean Mouro will leave to a different position in the group and will be replaced by…
read moreCarTec Group opened BMW showroom in Liberec, its second one in Czech Rep
November 9, 2009 | 03:48pm CEToriginalInvestment in the new car center reached more than CZK 60 million. Next year, the company will open another showroom in Liberec…
read moreSales of imported used cars in Slovakia down by 20% in Q1-3
November 9, 2009 | 02:56pm CEToriginalThe reason is scrap bonus which boosted up sales of new cars. In the future the ratio of sales of new and used cars is expected to…
read moreToyota Motor introduced Toyota and Lexus cars with electronic service book in Europe
November 9, 2009 | 01:50pm CEToriginalData about maintenance, accessories installation and kilometre count cannot be falsified and so safety and guarantee are increased during sales of used cars…
read moreCzech internet retailer Vivantis started selling tires
November 9, 2009 | 12:20pm CEToriginalIn e-shop VivaPneu.cz customers can find 16,000 items, also cast and steel naves. Regarding the field of logistics and warehouse stock, VivaPneu.cz cooperates with company…
read moreUniCredit Leasing prepared favoured car financing for liberal professions
November 7, 2009 | 12:26pm CEToriginalMembers of the professions do not pay a flat fee, they can choose to calculation with a lower instalment...
read moreHonda presents service action for CZK 99 in Czech Rep
November 7, 2009 | 11:25am CEToriginalAt the same time, the carmaker has prepared discounts for spare parts and accessories. The assistance service Honda Assistance is then possible to acquire for any car regardless its age…
read moreCSOB Pojistovna tests transferring damage liability bonus to other family members
November 5, 2009 | 09:39pm CEToriginalThe insurance company will then evaluate the test procedure and eventually support it in marketing. Generally, the insurance company wants to focus on family…
read moreGoodyear Dunlop Tyres expands number of partners for purchasing parts for franchising network Premio
November 5, 2009 | 09:10pm CEToriginalIn the future the company wants to introduce a section of tuning, which has already been established well in Germany, in the Czech Republic. The cooperation regarding a purchase of parts starts with…
read moreSummer organizational and personnel changes in Toyota Motor Czech affected Lexus division as well
November 5, 2009 | 08:50pm CEToriginalThe changes affected the positions of marketing manager and Lexus dealer network in the Czech Republic and Slovakia. Particularly…
read moreAbout 2 million new tires sold in Czech Rep annually, 300,000 retreaded tires out of that
November 5, 2009 | 08:31pm CEToriginalThe Czech Republic though lags in re-using used tires when 85% tires are recycled in EU15 while in new EU member countries…
read moreHyundai to sign up 700 people for a second shift in Nosovice
November 5, 2009 | 07:58pm CEToriginalThe plant initiated production of model Kia Venga this week. The small MPV with start-stop system and a seven-year warranty will start being sold in the Czech Republic in…
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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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Source: ECB, May 8, 2024