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CLFA: Movable asset leasing down by 54.2% in H1, consumer lending by 22%

August 20, 2009 | 08:54am CEToriginal
The number of concluded contracts fell more steeply so an average price of a financed item went up. Specifically, within particular means of financing…
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New car sales in Slovakia increased by 20.1% in July

August 11, 2009 | 05:13pm CEToriginal
Sale is still promoted by the scrap bonus. Cumulatively, the sale of cars up to 3.5 tonnes has since the beginning of the year increased y/y for the first time in 2009, namely by...
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SAP: Number of cars older than 10 years went up by 450,000 over last 3.5 years

August 11, 2009 | 11:22am CEToriginal
Renewal of car fleet in the Czech Republic is not in progress, according to SAP, whereas common renewal in EU is 8 to 10% annually. Scrap bonus should be one of measures only…
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Sales of passenger and light utility cars decreased by 13% in January-July

August 7, 2009 | 04:40am CEToriginal
Demand for passenger cars increased by 8% in the first seven months, in July it increased by...
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Despite insurance stagnation within damage liability, number of concluded contracts up by 5.8% in H1

August 2, 2009 | 08:40pm CEToriginal
A higher number of concluded contracts is caused by toughening sanctions on non-payers mainly. The reason of stagnation of the imposed insurance is…
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Sales of commercial vehicles in Europe down by 34.8% in June, by 37.2% in H1

July 27, 2009 | 10:21am CEToriginal
Demand for heavy trucks (above 16 tons) declined the most—by 52.4%. Conversely, the smallest drop was recorded within the segment…
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Number of passenger cars in Czech Rep slightly declined to 4.41 million in H1

July 23, 2009 | 08:44pm CEToriginal
The data have been influenced by introduction of a penalty for not paying damage liability or an ecological fee for transfer of old cars. Age of the car fleet...
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Vehicle production dropped by 11.3% in Czech Rep in H1

July 22, 2009 | 09:53pm CEToriginal
Skoda Auto reduced production by a third, in H2 the fall should be due to the scrap bonus lower. In addition, Hyundai will launch production of its next model, therefore the domestic production will increase by...
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CKP: Share of cars without damage liability fell to 8.7% in June

July 20, 2009 | 02:01pm CEToriginal
It is a y/y decrease of 3.5 of the percentage point. The reason of this development is the introduction of a penalty contribution of uninsured, on which it has been collected...
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EU car production down by 35% in Q1, scrap bonus only reduced the drop

July 17, 2009 | 09:39am CEToriginal
Production of passenger cars declined by 31% whereas production of commercial vehicles by 57%. Over the whole year 2009 ACEA estimates a downturn by...
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Sales of passenger cars in Europe up in June for the first time after 14 months - by 2.4%

July 15, 2009 | 11:17pm CEToriginal
Over the whole H1 sales declined by 11% though. June sales went up to the carmaker Skoda Auto by...
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Klaus’ veto of scrap bonus condemned by carmakers, praised by economists

July 10, 2009 | 04:33pm CEToriginal
According to Czech car industry the scrap bonus should be introduced on principle. The Chamber of Deputies should be voting on Klaus’ veto in…
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Klaus set veto on CSSD's anti-crisis packet including scrap bonus

July 10, 2009 | 01:41pm CEToriginal
His arguments are only economic though. The Car Importers Association argues that an ecologic aspect of the bonus...
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Car sales in Slovakia up by 28% in June thanks to scrap bonus

July 9, 2009 | 02:05pm CEToriginal
Results of sales in the last months helped wipe out losses of the segment from the beginning of this year. In H1 number of registered cars...
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Sales of new cars in Czech Rep down by 12.4% to 92,100 cars in H1

July 8, 2009 | 08:48am CEToriginal
Passenger car sector grew while other categories fell. Dealers believe the considered scrappage scheme will revitalize market and also...
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Prices of new cars the lowest in history in Czech Rep, not to go down any more

July 4, 2009 | 12:36pm CEToriginal
More than 12 models are cheaper than CZK 200,000; prices of 50 other cars do not exceed CZK 250,000. Until winter prices of new cars will be...
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European market with commercial vehicles dropped by 39% in May

June 25, 2009 | 02:40pm CEToriginal
Sales of light utility vehicles up to 3.5 tons went down by 38% to 115,342 units in May. The most distinct drops were registered by...
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CEZ: One million electric cars to operate in Czech Rep in 15 years at earliest

June 25, 2009 | 02:18pm CEToriginal
By 2012, there should be 25 models of electric cars on the market. CEZ negotiate with almost all carmakers within the other testing projects…
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Two competing moto shows to take place in Czech Rep in March 2010

June 23, 2009 | 03:14pm CEToriginal
While the 14th year of the moto show Motocykl will go on in Prague, there will be the 1st year of the fair Motosalon in Brno supported by SDA, which...
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Sales of Skoda cars stagnated in Europe in May, dropped by 5.5% totally this year

June 20, 2009 | 11:43am CEToriginal
Registrations of new passenger cars went up by 20.5% y/y in the Czech Republic in May; in Slovakia even by...
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Sales of cabriolets down by roughly a half in Czech Rep

June 19, 2009 | 01:47pm CEToriginal
The economic recession is the cause for it has brought interest in the entire category of sports cars down. The fall considers premium brands mainly...
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Segment of exclusive cars not affected by crisis in Czech Rep

June 18, 2009 | 03:57pm CEToriginal
Sales of exclusive cars went up y/y this year even—by 20 cars per 130 units. However, the situation in Europe is inversed. The reason is...
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Sales of passenger cars in Europe fell by 4.9% in May

June 16, 2009 | 08:10pm CEToriginal
Scrap bonus prevented from a significant decrease in many countries. The registrations in the Czech Republic increased by 20.5%, in Slovakia, even by...
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Specialists do not like hiring agency staff instead of people dismissed from full-time employment

June 14, 2009 | 11:22am CEToriginal
Therefore they want to negotiate with the government. According to trade unions, these practices are applied by many automotive suppliers due to the crisis presently...
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Jahn: Way out of crisis in automotive industry can last for up to 5 years

June 10, 2009 | 09:10pm CEToriginal
According to Jahn, consolidation of carmakers and suppliers will turn up because global car production is currently beyond capacity of the market by about...
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