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JATO Dynamics: Electric / electrified vehicle sales in Europe (28 countries) up by 2% to 1.44 million units (949,981 BEVs, +2%; 489,558 PHEVs, +2%) in H1, representing 21% share in total registrations (penetration, -0.5pp). Tesla Model Y (101,181 cars, -26%) was best-selling battery electric vehicle (BEV), followed by Tesla Model 3 (58,400, +37%), Volvo EX30 (36,980, new), MG4 (31,922, +4%) and Volkswagen ID.4 (29,146, -30%). Volvo XC60 (29,903, +42%) was best-selling plug-in hybrid (PHEV), followed by Ford Kuga (20,848, -21%), BMW X1 (17,669, +59%), Audi A3 (16,835, +200%) and Cupra Formentor (16,464, +80%)
July 31, 2024 | 01:19pm CETflashread more
AutoSAP: 11,304 (passenger) electric vehicles produced in Czechia in June and 61,913 in H1 (-32.2%; 8,541 and 45,712 battery electric vehicles, -31.5%; 2,763 and 16,201 plug-in hybrids, -33.9%), of which 11,284 and 61,885 cars (-32.2%; Škoda: 5,371 and 27,577 BEVs, -37.9%, 806 and 5,233 PHEVs, -41.6%; Hyundai: 3,150 and 18,107 BEVs, -18.9%, 1,957 and 10,968 PHEVs, -29.5%) and 20 and 28 buses (SOR: 12 and 12 BEVs; Škoda Electric: 0 and 0 BEVs; Iveco: 8 and 16 BEVs)
July 31, 2024 | 01:14pm CETflashread more
Porsche cut FY 2024 forecast (return on sales from 15-17% to 14-15%, sales revenues from EUR 40-42 billion to EUR 39-40 billion, automotive net cash flow margin from 8.5-10.5% to 7-8.5%, automotive EBITDA margin from 24-26% to 23-24%, BEV share from 13-15% to 12-13%) due to impending shortage of supply of lightweight aluminium body components (due to flooding plant of unspecified European subcontractor – Tier N aluminum alloys supplier) leading to expected shortfalls in production of all vehicle model series (Bernstein: 10,000-17,400 cars in H2) which not to be fully compensated during year
July 29, 2024 | 11:50am CETflashread more
AutoSAP: Car production in Czechia down by 14.3% y/y in June, up by 4.9% to 774,310 in H1 (Škoda+SEAT -17.7%, +2% to 473,582; Hyundai -10.5%, -0.6% to 175,950; Toyota -6.6%, +28.6% to 124,778). Buses (Iveco -39%, -11.8% to 2,057; SOR -26.4%, +10.5% to 190; Škoda Electric 0 units, 2 units), motorcycles (Jawa +304.3%, +78.4% to 662), trucks (Tatra n/a, +26.5% to 821, +44.4% in Q2), trailers (Agados n/a, -7.1% to 8,556, -6.8% in Q2; Schwarzmüller n/a, +10.8% to 810, +42.1% in Q2; Panav n/a, +2.3% to 272, +0.8% in Q2) successful differently. Record number of more than 774,000 completed passenger vehicles in first half of year, despite slowdown in production in June, is clear confirmation of success of domestic manufacturers on main European markets and contribution of automotive industry as driving engine of domestic economy, Jahn said
July 29, 2024 | 11:39am CETflashread more
Floods in Switzerland: Novelis (Hindalco Industries/Aditya Birla Group; manufacturer of flat-rolled aluminium/aluminum products for automotive, aerospace, beverage packaging industries with 13,190 employees in 32 plants in 9 countries; customers: Volkswagen, Audi, Porsche, General Motors, GMC, Cadillac, Chevrolet, Ferrari, FCA/Stellantis, Maserati, DS Automobiles, Nissan, Toyota, Volvo, Daimler, Mercedes-Benz, Nio, Honda, Hyundai, BMW, JLR/Jaguar Land Rover, Ford, Renault, Rivian, Samsung, Denso) factory in Sierre, Switzerland flooded on June 30. Company suspended production here, planning to resume it in September
July 25, 2024 | 01:32pm CETflashread more
JATO Dynamics: Dacia Sandero (143,596 registered vehicles, +16%) was best-selling car in Europe (28 countries) in H1, followed by Volkswagen Golf (126,993, +43%), Renault Clio (114,623, +15%), Volkswagen T-Roc (111,381, +0%), Peugeot 208 (107,097, +1%), Škoda Octavia (102,945, +25%), Citroën C3 (102,304, +50%), Tesla Model Y (101,181, -26%), Toyota Yaris Cross (99,694, +3%) and Toyota Yaris (93,576, +10%)
July 25, 2024 | 01:25pm CETflashread more
National Development Bank (NRB): In Electromobility Guarantee program (guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs), greatest interest is in Tesla vehicles (50%), followed by Volvo (11%), Škoda (6%), Volkswagen (6%), BMW, MG, Hyundai, Mercedes, Kia, Toyota, Ford, Dacia, Renault, Fiat and others (5%). Bank paid out CZK 100 million (EUR 4 million) in financial contributions so far
July 25, 2024 | 01:12pm CETflashread more
Global IT system outage caused by failed update of CrowdStrike's Falcon cybersecurity software affected 8.5 million Microsoft Windows devices on July 19, including some automotive suppliers (Magna International), insurance companies (Allianz, Generali), car dealers and racing teams (Mercedes-AMG Petronas Formula One/F1 Team)
July 22, 2024 | 11:32am CETflashread more
ACEA: New car registrations in EU up by 4.3% in June, by 4.5% to 5.68 million in H1 (Volkswagen +4.7%, +4.1%; Stellantis +0.4%, +0.5%; Renault +6.2%, +2%; Toyota +13.7%, +20.7%; Hyundai -6.9%, -2.8%; BMW -4.6%, +1.5%; Mercedes-Benz -2.7%, -2.4%; Ford -16.6%, -14.8%; Volvo Cars +28.1%, +39%; Tesla -6.1%, -9.1%; Nissan +10.3%, +17.3%; Suzuki +34.2%, +31%; SAIC +19.2%, +24.8%; Mazda +11.1%, +1.8%; Mitsubishi +58%, +90.6%; Jaguar Land Rover -7.1%, +0.6%; Honda +50.1%, +58.3%), individual fuel/power types successful differently (BEV -1%, +1.3%; PHEV -19.9%, -2.5%; HEV+MHEV +26.4%, +22.3%; FCEV+NGV/CNG+LPG+biofuel/ethanol +1%, +6.9%; petrol -0.7%, -0.5%; diesel -0.9%, -7.4%)
July 22, 2024 | 11:24am CETflashread more
GlobalData: Global new light vehicle sales down by 2.2% to 7.56 million in June, up by 2.3% to 42.35 million in H1 (Western Europe +2.7% to 1.35 million, +4.8% to 7.1 million; Eastern Europe including Turkey and Russia +18.1% to 421,587, +22.8% to 2.23 million)
July 18, 2024 | 12:48pm CETflashread more
Statistics Austria (Bundesanstalt Statistik Österreich): New car registrations in Austria up by 6.6% to 135,113 in H1. Average CO2 emissions (including electric and hydrogen cars – BEVs, FCEVs) grew by 1.6 g/km (+1.5%) to 108.3 g/km. Penetration of battery electric vehicles reached 16.4% (22,178 units, -5.1%)
July 18, 2024 | 12:41pm CETflashread more
Sales (deliveries to customers) of battery electric vehicles (BEV) of Volkswagen Group up by 0.1% in Q2, down by 1.4% to 317,200 in H1 (VW +5.8%, +2.2%; Škoda -17.9%, -5.9%; SEAT+Cupra +16.6%, -3.1%; VW Commercial Vehicles +10.9%, +19.1%; Audi -0.1%, +1.3%; Porsche -46.7%, -49.9%; MAN -58.7%, -40.5%; VW Truck & Bus -57.9%, +133.3%; Scania -12.7%, -24.8%; Navistar +107%, +148.6%). VW ID.4/ID.5 (86,800 cars), VW ID.3 (66,200), Audi Q4 e-Tron (including Sportback, 52,100), Škoda Enyaq (including Coupé, 29,400), Cupra Born (18,200), Audi Q8 e-Tron (including Sportback, 17,900), VW ID. Buzz (including Cargo, 14,600) were best-selling BEVs. BEV order bank in Western Europe rised slightly to around 170,000 vehicles (+10,000 units q/q), automaker said, adding that PHEV deliveries up by 17% to 136,000 in H1
July 17, 2024 | 01:33pm CETflashread more
AEB: Sales of new cars, vans in Russia up by 96.1% to 703,765 in H1. Sales volume is higher (+74.5% to 747,829, including alternative supply channels), according to PPC JSC/JSC PPK (PIC/Passport Industrial Consulting – joint venture of JSC Electronic Passport/Rostech, LLC Autostat)
July 17, 2024 | 01:23pm CETflashread more
ČSÚ: Car prices in Czechia down by 0.3% m/m in June, by 1.6% y/y (new: -0.1%, +2.3%; used: -0.4%, -4.1%). Inflation (consumer price index/CPI) in related areas developed differently – motorcycles (-1.2%, +2.1%), spare parts and accessories (+0.1%, +4.8%), fuels and oils (-3.7%, +6.1%), maintenance and repairs / service works (+0.3%, +8%)
July 16, 2024 | 02:44pm CETflashread more
PwC increased 2024 Czech new car registrations forecast from 205,000-225,000 units (-7% to +2%, 2023: 221,422) to 225,000-235,000 units (+2% to +6%), based on development to date (Q1: +2.2%, Q2: +4.1%). Higher purchasing appetite of consumers (H1: +7.6%) and companies (+1.7%) associated with recovery of economy (fall in inflation, drop in interest rates, strengthening of koruna) is gradually beginning to show, but demand for passenger vehicles continues to remain below pre-covid figures, Janeček said
July 15, 2024 | 12:58pm CETflashread more
Toyota Tsusho (Toyota, Lexus dealer in Prague, Czechia) opened almost 400 sqm Toyota Professional showroom specialized in commercial vehicles (LCVs) in Průhonice-Čestlice with service workshop equipped with six jacks and central oil filler, roll over wash unit, key box, carport for displaying ten vehicles, parking lot with charging stations for electric vehicles
July 15, 2024 | 12:53pm CETflashread more
National Development Bank (NRB) accepted 2,778 applications for 2,983 cars, 1181 chargers in Czechia during more than three and half months (16 weeks, March 18 – July 9) since launch of Electromobility Guarantee program (guarantee for loan and subsidy for battery or fuel cell electric vehicle and charging stations for companies and entrepreneurs). Bank concluded 2,208 guarantee contracts, approved another 147 applications, now assessing 405 applications
July 15, 2024 | 12:48pm CETflashread more
Sales (deliveries to customers) of Volkswagen Group down by 3.8% in Q2, by 0.6% to 4.35 million in H1 (VW -5.2%, -0.2%; Škoda +2.5%, +3.8%; SEAT+Cupra +16.6%, +13.8%; VW Commercial Vehicles +15%, +11.5%; Audi -11.3%, -8.2%; Bentley -17%, -22.8%; Lamborghini +7.7%, +4.1%; Porsche -9.6%, -6.8%; MAN -12.1%, -12.2%; VW Truck & Bus +50.3%, +16.7%; Scania +9.2%, +12.9%; Navistar -31%, -22.9%). For full year 2024, we continue to expect slight increase in global deliveries, Wortmann said
July 15, 2024 | 12:42pm CETflashread more
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