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2024 Bratislava Motor Show (Autosalon Bratislava): Incheba cancelled 31st exhibition of cars, vans in Bratislava, Slovakia (April 11-14). Reason for postponement is situation, that also affected all major world motor shows, related to uncertainty regarding participation of many brands at exhibition, organizer said. In 2023, nine exhibitors (Auto-Impex, AutoRoch-Slovakia, CWN/CampingWorld Neugebauer, Exclusive Cars Vertriebs, Frey Luxury Cars, M Motors SK, Plastonic, T.O.P. Auto Bratislava, TSM Slovakia) presented 15 brands (Aixam, Aston Martin, Bentley, Dongfeng, Fiat/Abarth, Ineos, Isuzu, Iveco, Lamborghini, McLaren, MG, Mitsubishi, Nissan, Piaggio, Voyah)
April 17, 2024 | 10:45am CETflashread more
Erste Group made changes in leasing activities in Czechia. Česká spořitelna (ČS) renamed leasing company sAutoleasing to Leasing České spořitelny and subsequently incorporated Erste Leasing. sAutoleasing continues as brand in field of sales of new and used cars in network of business partners. No changes in Slovakia (sAutoleasing SK)
April 17, 2024 | 10:27am CETflashread more
Pokorný: Car Importers Association (SDA) wants to refine statistics of new car registrations in Czechia by segments in 2024 with focus on SUV segment (B-SUV, C-SUV, D-SUV, E-SUV), when some brands have all SUVs in C-SUV report (Alfa Romeo, Cupra, DFSK/Dongfeng, Jaguar, Mazda, Subaru, Škoda)
April 15, 2024 | 12:48pm CETflashread more
Newmatec 2024: ZAP to hold 8th conference on new materials, technologies, innovations in automotive industry in Tále, Slovakia on April 23-24. Representatives of ZAP, Aspen Institute Central Europe, EP (European parliament), Volkswagen Slovakia, Škoda Auto, Jaguar Land Rover (JLR) Slovakia, Kia Slovakia, Volvo Car Slovakia, Schaeffler Kysuce, Ernst & Young (EY), Evolution Ltd, Industry4UM, M2M Solutions, Roriginal, Hikrobot to speak at event
April 15, 2024 | 12:40pm CETflashread more
Sales (deliveries to customers) of battery electric vehicles (BEV) of Volkswagen Group down by 3.3% to 136,400 in Q1 (VW -2.6%; Škoda +12.3%; SEAT+Cupra -24%; VW Commercial Vehicles +29.4%; Audi +3%; Porsche -52.9%; MAN -10.6%; VW Truck & Bus +347.1%; Scania -36.5%; Navistar +330.8%). VW ID.4/ID.5 (34,600 cars), VW ID.3 (26,100), Audi Q4 e-Tron (including Sportback, 22,800), Škoda Enyaq (including Coupé, 14,000), Audi Q8 e-Tron (including Sportback, 9,600), VW ID. Buzz (including Cargo, 7,000), Cupra Born (6,900) were best-selling BEVs. However, incoming orders for BEVs in Western Europe developed positively in Q1. More than twice as many all-electric models were ordered as in same period last year (+154%), so that BEV order bank currently stands at around 160,000 vehicles, automaker said
April 15, 2024 | 12:34pm CETflashread more
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
Operating Sphere
UOHS investigates state enterprise Lesy CR in terms of purchase of 7 Audi limousines
May 1, 2009 | 12:51pm CEToriginalThe antitrust office suspects the company of Public Order Act offence during car purchase worth millions of korunas...
read moreVolkswagen to discontinue production in Bratislava in mid-May
May 1, 2009 | 11:22am CEToriginalThe company is going to make use of the production cut even within advance working for productin of the car line New Small Family. The outage will last from...
read moreChrysler reportedly to announce bankruptcy, agreement on alliance with Fiat completed
April 30, 2009 | 07:57pm CEToriginalNegotiations with creditors have failed even though the Ministry of Finance has increased its offer considering the exchange of remitted debt for...
read moreGM’s creditors seek to obtain majority in the company
April 30, 2009 | 05:31pm CEToriginalOnly 1% of the enterprise should remain to the existing shareholders, while the US government should...
read moreGE Money to reduce staff this year, 40 people fired already
April 30, 2009 | 04:15pm CEToriginalThe forced departures are linked besides the flagging mortgage market and the instalment financing, even with...
read moreScrap bonus in Czech Rep might be applied to showroom cars too
April 30, 2009 | 10:54am CEToriginalThe bonus will thus be obtainable for luxury cars, such as some BMW models or Skoda Superb. The price must be lower than…
read moreRussian Phaeton apparently not to buy Pap Oil, Czech filling station network
April 30, 2009 | 10:09am CEToriginalPhaeton has not succeeded in acquiring a loan through which the company would finance part of solicitation of 140 Pap Oil stations. Russian holding has though...
read moreAston Martin officially opened its 125th dealership in Prague today
April 29, 2009 | 10:27pm CEToriginalThe dealership has been acquired by Auto-Exner company which added the brand to its portfolio along with Bentley and Lamborghini. Aston Martin has been negotiating the dealership with...
read moreVW’s net profit fell by 72% at revenues fall of 11%
April 29, 2009 | 08:21pm CEToriginalThe results are then slightly better than the preliminary data from the beginning of April. Divisions of VW, Seat and Bentley posted...
read moreEC approved help for Fiat to develop Lancia Ypsilon's successor
April 29, 2009 | 07:54pm CEToriginalItalian government will then grant EUR 46 million to Fiat as a regional help which is part of an investment project for...
read moreBendl: Friday unenforced truck drives‘ ban might be offset by higher toll
April 29, 2009 | 07:14pm CEToriginalThe toll increase in some time zones might according to the minister encourage carriers to...
read moreSkoda Auto net profit decreased by 91.4% at revenues fall of 29.6% in Q1
April 29, 2009 | 06:18pm CEToriginalThe biggest Czech carmaker´s sales declined due to the recession by 17.5% to 143,079 cars. The production...
read moreLesy CR purchased anti radars to new Audi limousines
April 29, 2009 | 05:00pm CEToriginalThe company paid CZK 135.000 for them. Price of seven company-owned cars amounted CZK 8.3 million, thus more than...
read moreQatar interested in purchasing share in Porsche carmaker
April 29, 2009 | 04:17pm CEToriginalBoth sides have already negotiated on the subject, according to Qatar prime minister. Share sale to Qatar might...
read moreGM's creditors disagree with restructuring plan, and predict bankruptcy
April 28, 2009 | 09:56pm CEToriginalCreditors require to be treated equally with trade unions; this means that they should get shares in the same ratio as...
read moreCKP: Damage volume of uninsured vehicles increased by fifth in the 5 years’ time
April 28, 2009 | 09:20pm CEToriginalUninsured drivers caused a damage of CZK 470 million in 2008. From the CKP’s guarantee fund, it has been granted performance...
read moreDecline in the automotive industry forced Ferex-ZSO to seek protection from its creditors
April 28, 2009 | 05:08pm CEToriginalFerex-ZSO got into financial problems due to the unprofitable operation of the foundry in Ostasov...
read moreTentative agreement: Saturday’s shifts in Skoda Auto according to unions, time accounts as of September
April 28, 2009 | 04:42pm CEToriginalFirst 50 employees of the Volkswagen plant in the Slovak town Martin have begun to work in the Skoda carmaker on Monday. In the second wave...
read moreDaimler agreed on withdrawal of its remaining 20% share in Chrysler
April 28, 2009 | 03:56pm CEToriginalThe complete Daimler‘s departure will untie the Chrysler’s hands for agreement negotiation of an alliance with the Italian company Fiat, and...
read moreGeneral Motors to cut about 27,000 jobs, government might acquire GM's majority share
April 27, 2009 | 10:30pm CEToriginalOut of the total, 21,000 will for the US and 5,900 for Canada. The carmaker also intends to discontinue the Pontiac brand and reduce...
read moreToyota Urban Cruiser: In sale from CZK 399,900; 4x4 version from CZK 479,900
April 27, 2009 | 05:31pm CEToriginalToyota is entering the B-SUV segment with this model in which the company would like to acquire 4% share. In the Czech Republic the company would like to sell...
read moreUS trade unions agreed on concessions with Chrysler, Fiat and the government
April 27, 2009 | 05:25pm CEToriginalThe only carmaker’s obstacle in obtaining the state assistance is now the negotiation with creditors. The agreement with Fiat on the assumption of 20% share in Chrysler...
read moreHyundai aims to borrow EUR 250 million for plant completion in Russia
April 27, 2009 | 04:21pm CEToriginalThe plant’s building in Russia started in Russian St. Petersburg in last June. The originally planned date of production starting…
read moreCCS: Fuel more expensive last week in Czech Rep
April 27, 2009 | 02:29pm CEToriginalThe reason was predominantly the weakening Czech koruna in the previous weeks. A litre of petrol has become more expensive by...
read moreTruck manufacturer Volvo suffered a loss at revenues fall of 26.8% in Q1
April 27, 2009 | 01:54pm CEToriginalAnalysts, however, expected the loss lower. Despite the negative results, the company will not further dismiss its employees, but...
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Source: ECB, May 17, 2024