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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
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
Vehicle Segment
Dieselgate: EIB asked France to investigate loans granted to Renault
March 26, 2017 | 11:21pm CEToriginalThe bank fears that the carmaker used the loans to develop diesel engines allowing cheating during emission tests. The volume of loans...
read moreDozens of Czech companies supply components to Skoda Kodiaq
March 23, 2017 | 11:42pm CEToriginalThese include 3M, AGC, Benteler, Continental, Fehrer, Gumotex, Hella, HP-Pelzer, KS Kolbenschmidt, Mubea, Plastika, SaarGummi, TRW or Witte. Comment…
read moreHyundai to recall nearly 1 million cars
March 23, 2017 | 11:29pm CEToriginalReasons, region, models including hybrid vehicles, production years, timing...
read moreCar production in UK up by 8% in February
March 23, 2017 | 11:18pm CEToriginalAs exports went up by 13.4%, production for the domestic market fell by 7.4%. The influence of Brexit, SMMT’s comment...
read moreSkoda Auto operating profit increased by 30.8% at revenue growth of 9.8% in 2016
March 23, 2017 | 02:33am CEToriginalReasons, positive and negative effects, profitability, production, sales, RS penetration, investments, HR, change in methodology reporting, sale of a distribution company in Germany, the outlook for 2017...
read moreDieselgate: French prosecutor's office launched investigation of FCA
March 23, 2017 | 02:09am CEToriginalThe automaker has registered the initiation of the investigation and will continue to cooperate with the authorities...
read moreEC fined six car parts makers for cartel
March 22, 2017 | 11:06pm CEToriginalThe companies concerned, products, supplies for eight automakers, duration, the amount of sanctions...
read moreKruger: BMW to increase EV and HEV sales by 60% in 2017
March 21, 2017 | 11:44pm CEToriginalBusiness and financial results in 2016, fleet emissions, financing, HR, goals for 2017, model offensive in 2017-2018...
read moreSales of Skoda cars up by 3.1% in February
March 21, 2017 | 10:38pm CEToriginalIt was the 15th growth in a row. Sales in individual markets, growth in the Czech Republic, a fall in China, demand for various models, the first month of sales of the Kodiaq SUV...
read moreAmper 2017: 25th year of fair to be attended by over 30 EVs and HEVs
March 20, 2017 | 11:00pm CEToriginalBesides cars, it will be vans, motorcycles, bicycles and scooters. The conferences, Toyota, Lexus, Nissan, VW, Audi, Volvo, Land Rover, Hyundai, Kia, BMW or Tesla cars at Amper Motion...
read moreDieselgate: French authority ceased investigation of Opel because of emissions of diesel cars
March 20, 2017 | 10:25pm CEToriginalIt did not reveal any evidence of fraud during the investigation. The Office also reported that it did not plan any further action against the German carmaker...
read moreEC fined cartel agreement on purchase prices of batteries for recycling
March 20, 2017 | 10:07pm CEToriginalOne company avoided the fine, as it had warned of the cartel. Companies concerned, countries, duration, means of communication, the amount of sanctions, the size of the EU market...
read moreChassix wants to build plant in Eastern Europe
March 20, 2017 | 12:53am CEToriginalThe planned location, amount of investment, size of the factory, products, HR, timing, results in 2016...
read moreRenault Trucks to create several hundred of jobs in 2017
March 19, 2017 | 11:39pm CEToriginalReasons, locations, affected positions, business results in 2016...
read moreMagna selects location in Europe for its second plant for contract car production
March 17, 2017 | 01:57am CEToriginalThe factory in Austria is running at full capacity. Considered location, amount of investment, HR, capacity, four stages, state aid...
read moreToyota to invest EUR 275 million in UK
March 17, 2017 | 01:46am CEToriginalLocation, car production on a new platform, the importance of duty-free and barrier-free access to European markets after Brexit...
read moreMarchionne still interested in merging FCA with GM
March 17, 2017 | 01:37am CEToriginalThis even after the sale of Opel to PSA. The US carmaker is not interested, according to its president...
read moreSkoda Auto launched assembly of Kodiaq in another country
March 16, 2017 | 01:39am CEToriginalLocation, partner, production plan in the Czech Republic in 2017, the start of production in a third country, the most desirable version, orders received in February...
read moreCar of the Year 2017 in Czech Rep became Skoda Kodiaq
March 15, 2017 | 11:57pm CEToriginalPoint spacing of the finalists, delayed publication of the results, traditional and new secondary categories, the lack of nominations and evaluation of judges, sponsors, media partners...
read moreCar sales in Germany fell by 2.6% in February
March 15, 2017 | 11:43pm CEToriginalThe slump was also seen both in the production and exports. The influence of number of working days, the demand for individual brands, orders, results over two months...
read moreDieselgate: First Czechs filed lawsuit for compensation against Volkswagen and Skoda Auto
March 15, 2017 | 02:47am CEToriginalThe representing company and law firm, the amount requested, competent court, analysis by Oxera Consulting, reaction of carmakers...
read moreInteraction increased turnover by 8% in 2016
March 15, 2017 | 02:30am CEToriginalCooperation with the Volkswagen Group in a project of certified tin and paint shops, construction of a new educational center, Lakyrnik Camp, the 25th anniversary...
read moreCzechoslovak Group to resume production of Avia vehicles in Czech Rep within few weeks
March 15, 2017 | 02:19am CEToriginalModifications at the plant in Prelouc, modernized model with Cummins Euro 6 engines, initial daily production, HR, logo...
read moreFounding family to give up 100% stake in Gestamp
March 14, 2017 | 02:20am CEToriginalHowever, it is going to retain a controlling stake in the automotive supplier. Sale of the stake to Mitsui, IPO, timing, the value of the company, Brexit impact, financial results in 2016...
read moreCSU: Car prices in Czech Rep fell m/m in February 2017
March 14, 2017 | 02:03am CEToriginalUsed cars became cheaper, while new cars more expensive. Increase in prices of motorcycles, servicing and spare parts, detailed data, the y//y progress...
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