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J.D. Power, GlobalData increased 2024 global new light-vehicle sales outlook by 700,000 cars, vans from 88 million (+1.5%) to 88.7 million (+2%) and 2025 forecast by 200,000 units from 90.6 million to 90.8 million (+2%). While uncertainty remains high as attention shifts to 2025, outlook improved in environment of easing inflationary pressure, Schuster (GlobalData) said
December 31, 2024 | 05:45pm CETflashread more
Porsche Holding Salzburg: In January-November, 40,359 battery electric vehicles (-7.4%, M1-11 2023: 43,602 cars) of 133 models (100; of which 15 Chinese, 13) of 44 brands (37) registered in Austria. Market share of electric vehicles (BEVs), hybrids (PHEVs, HEVs, MHEVs) raised by 1 pp to 49.2% (48.2%). Economic fluctuations but also ever-recurring discussions about future of internal combustion engine (ICE) are making it difficult for entire industry to transform towards electromobility, Schützinger said
December 31, 2024 | 05:38pm CETflashread more
Toyota Motor expects further growth in Czechia in 2024 – 20,000 Toyota customer contracts, 22,000 vehicles sold (+1.2%, 21,738), 9% market share (+0.9 pp; 8.1%, +1.5 pp) in market of 245,000 cars and vans (+0.3%, 244,202), 3rd place in market (4th place), 2,000 Lexus customer contracts, 2,100 Lexus cars sold (+47%; 1,432, +39.4%), 2,000 Kinto operational leasing contracts (over 680), sale of 9,200 used vehicles in dealer network (+16%; 7,955, +16.7%). Sales of new Toyota and Lexus vehicles per partner increased by 31.7% to 1,655 in 2023 (2022: 1,257), number of service (paid, non-warranty) orders by 17% to 115,000 (98,464). Dealers sell 0.5 used vehicle to 1 new vehicle today, in future it could be 1-1.5 to 1, Peleška said
December 31, 2024 | 05:32pm CETflashread more
VDA: Most popular car color in Germany in 2024 was grey/silver (share 33%, 2023: 31.6%), followed by black (26.6%, 26.4%), white (19.9%, 20.7%), blue (8.9%, 9.6%), red (4.7%, 5.1%), green (3%, 2.5%), yellow (0.9%, 0.9%), brown (0.6%, 0.6%), orange (0.5%, 0.8%) and purple/violet (0.1%, 0.1%). First trio of colours increased share to 79.5% (2023: 78.7%), according to KBA new car registration statistics for January-November
December 31, 2024 | 05:27pm CETflashread more
Beneš: Ford wants to sell 350 electric vehicles in Czechia in 2024 (2023: 125 registered vehicles, 69+56), of which 150 cars (120 Mustang Mach-E, 30 Explorer) and 200 vans (E-Transit, of which 130 for Czech Post). In 2025, we plan to almost double BEV sales to 600 units, contributed by new models Puma Gen-E, Capri, E-Tourneo Courier and E-Tourneo Custom
December 31, 2024 | 05:20pm CETflashread more
Toyota Central Europe: Premium segment in Czechia increased by 35.3% to 24,787 new cars in 2023 (Mercedes 6,348 registrations +20% y/y, BMW 5,851 +31%, Audi 4,012 +19%, Volvo 3,009 +33%, Lexus 1,520 +73%, Porsche 731 +65%, Land Rover 545 +100%, Mini 221 -39%, Alfa Romeo 196 +133%, others 2,354 n/a) when entire Czech car market grew (by 15.3% to 221,422 units)
December 31, 2024 | 05:08pm CETflashread more
S&P Global Mobility: Global light vehicle production to drop by 1.6% to 89.1 million in 2024 (Europe 17 million), by 0.4% to 88.7 million in 2025 (Europe 16.6 million, -2.6%; North America 15.1 million, -2.4%; Mainland China 29.6 million, +0.1%). Production outlook for 2025 is dominated by assumption that incoming US administration of president-elect Donald Trump to levy new wide-reaching tariff regime, effectively creating universal tariff of 10% on all goods coming into USA except for Canada and Mexico (USMCA) and mainland China (30%)
December 30, 2024 | 04:36pm CETflashread more
Schützinger (Porsche Holding Salzburg): Austrian car market to exceed 250,000 units in 2024 (+4.5%, 2023: 239,150 registered cars), of which market share of Volkswagen Group brands to reach around 39% (97,500 cars). In 2025, new car sales in Austria could achieve similar level to 2024, breaking 250,000 mark should be realistic
December 30, 2024 | 04:26pm CETflashread more
Zahel: Alfa Romeo wants to sell 300 cars in Czechia in 2024 (2023: 198 registered vehicles), of which 50% Stelvio, 30% Giulia and 20% Tonale. Brand's electrification began in 2023 (Tonale MHEV, Plug-In Hybrid Q4 PHEV), continues in 2024 (Milano/Junior Ibrida MHEV, Elettrica BEV, Elettrica Veloce 280 BEV, Ibrida Q4 MHEV), to be followed by new Stelvio (2025) and new Giulia (2026), and automaker plans to have 100% electric range in 2027 (or later). Sales supported by special series – Super Sport (limited edition of Giulia Quadrifoglio and Stelvio Quadrifoglio) and Tributo Italiano (unlimited edition of Giulia, Stelvio and Tonale)
December 30, 2024 | 04:15pm CETflashread more
AutoSAP: 16,398 (passenger) electric vehicles produced in Czechia in November (+9.9%; 12,268 battery electric vehicles, +21%, 4,130 plug-in hybrids, -13.6%), of which 16,356 cars (+9.6%; Škoda: 8,475 BEVs, +53.8%, 2,495 PHEVs, +1.1%; Hyundai: 3,751 BEVs, -19%, 1,635 PHEVs, -29.3%) and 42 buses (SOR: 4 BEVs; Škoda Electric: 0 BEVs; Iveco: 38 BEVs)
December 30, 2024 | 04:02pm CETflashread more
S&P Global Mobility: Global new light vehicle sales to grow by 1.7% to 88.2 million in 2024, by 1.7% to 89.6 million in 2025 (Western/Central Europe 15 million +1.1%, 15 million +0.1%; USA 16 million +6%, 16.2 million +1.2%; Mainland China 25.8 million +1.4%, 26.6 million +3%; Japan 4.4 million n/a, 4.6 million +5.4%). Demand for battery electric passenger vehicles (BEV) to reach 15.1 million units in 2025 (+29.9%, 2024: 11.6 million), representing estimated penetration of 16.7% (13.2%) – Europe 20,4 % (volume +43.4%), USA 11.2% (+36%), China 29.7% (+19.7%), India 7.5% (+117%)
December 27, 2024 | 04:59pm CETflashread more
Maláček (Škoda Auto): Development of charging infrastructure in Czechia outpaces growth of electric car fleet, public network of charging stations is already ready for sale of 10,000-15,000 new electric vehicles in 2025. Czech BEV market in 2025 to grow at similar pace as in 2023 and 2024 (around +50%)
December 27, 2024 | 04:54pm CETflashread more
Operating Sphere
Owners of Tukas Group to leave executive management of companies
September 24, 2015 | 12:38am CEToriginalThere has been the new CEO appointed, it is a manager with experience in leasing, insurance, and distribution of cars...
read moreGM agreed on fine and compensation for failure when recalling vehicles
September 24, 2015 | 12:29am CEToriginalThe numbers of injured and dead, the end of prosecution, the settlement of civil lawsuits, including the legal action of shareholders, the pending legal actions...
read moreSkoda also used EA189 diesel engines
September 23, 2015 | 12:15am CEToriginalIt does not offer them in EU anymore. The affected models, the attitude of the Czech Ministry of Transport, comments of AutoSAP and diagnostic company IHR-Technika...
read moreInteva Products to move production to Czech Rep
September 22, 2015 | 11:52pm CEToriginalThe original, contemplated and confirmed factory site, the reasons for the decision changes, the developer, HR, timing, products...
read moreVolkswagen: Software for engine control installed in 11 million cars of several brands
September 22, 2015 | 11:44pm CEToriginalAttitudes and activities of individual countries and the EU, guidelines for dealers, the reaction of the stock markets, investors’ concerns, the impact on financial results...
read moreAutoSAP: Automakers, suppliers created over 4,000 jobs in Czech Rep over last year
September 21, 2015 | 11:09pm CEToriginalR&D companies were also taking staff. The average wage in the automotive industry increased by a few percent, worker positions more than THP and managers...
read moreSchaeffler to enter stock exchange
September 21, 2015 | 10:58pm CEToriginalReasons, the size of the offered share, the number of shares, the expected proceeds from the IPO, timing, the subsequent allocation of funds...
read moreCzech Post cancelled contract that should have been won by Agrotec after winner resignation
September 21, 2015 | 10:49pm CEToriginalThe stated reasons, the size of the contract, connection with the prosecution of Agrotec, the expression of relevant subjects…
read moreJohnson Controls plans to lay off 3,000 people
September 21, 2015 | 01:25am CEToriginalReasons, timing, expected annual savings, current number of employees, sales of certain activities, the situation in the Czech Republic...
read moreFord Garant: Ford launches program for sales of approved used cars in Czech Rep
September 21, 2015 | 01:15am CEToriginalLocalization of the global concept, the parameters of cars, partner for the guarantee, guaranteed exchange, requirements for dealers, offer, website, sales plan...
read moreEPA: Volkswagen violates US Clean Air Act
September 21, 2015 | 01:07am CEToriginalAccusations of the US office, a recall, the models and years of production affected, threatening sanctions, the carmaker’s own investigation, the previous fine for Hyundai...
read moreKostal wants to significantly increase production in Czech Rep by 2018
September 17, 2015 | 11:47pm CEToriginalContracts until 2025, the expected development of revenues, the profile of the two Czech plants, HR, products, customers...
read moreTesla Experience: Business Lease started to provide branded operating lease on Tesla EVs in Europe
September 17, 2015 | 11:39pm CEToriginalThe countries concerned, models and versions, costing, pick-up service, home charger included in instalments, the current fleet of Tesla cars, Blue Care strategy...
read moreSuzuki bought share that was owned by Volkswagen back
September 17, 2015 | 11:29pm CEToriginalPrice, Volkswagen’s investment rate of return over 5 years, the response to the stock exchange on announcement of the transaction...
read moreAAA Auto to open second call centre
September 16, 2015 | 11:50pm CEToriginalLocation, reasons, competences, timing, HR, profile of the current call centre in Prague, parallel recruit for business and administrative positions, offered benefits...
read morePrague to renew part of municipal police fleet with Hyundai and Volkswagen vehicles
September 16, 2015 | 11:38pm CEToriginalSuppliers (carmaker, dealer), types and number of vehicles, prices, the condition of the current fleet, history…
read moreBWI Group to build another plant in Central Europe
September 15, 2015 | 11:57pm CEToriginalLocation, developer, HR, timing, products and clients of the Chinese company, profile of Czech subsidiary...
read moreACEA: Car sales in EU up by 9.5% in July, by 11.2% in August
September 15, 2015 | 11:49pm CEToriginalThe market has been growing for two years in a row. Results in individual countries, sales of carmakers, comments of PwC, KPMG and CSOB analysts, the impact of refugee crises in production...
read moreFirst Rolls-Royce dealership in Czech Rep to be opened in 2016
September 15, 2015 | 01:02am CEToriginalThis showroom will find a place in a hotel in Prague. Location of the showroom and service centre, the sales plan of the Czech dealer, the global sales, models...
read moreLeasePlan recorded significant growth of its fleet and revenues in Czech Rep in H1
September 15, 2015 | 12:53am CEToriginalProfit exceeded the plan by 20%. Planned business and financial results in 2015, the global results, HR...
read moreCAAM worsened 2015 car sales outlook in China again
September 15, 2015 | 12:40am CEToriginalThe new estimate, results in August and over the first eight months, the decline for the fifth month in a row, GDP, limited registrations of new cars due to smog and traffic jams, analysts' comments...
read moreVolkswagen Financial Services to eventually rename its Czech branch
September 14, 2015 | 03:40am CEToriginalThe new name of SkoFIN, reasons, timing, the new sub-brands, related communication campaign, upgraded website...
read moreCSU: Car prices in Czech Rep increased m/m in August 2015
September 14, 2015 | 03:22am CEToriginalMotorcycles, servicing and spare parts became more expensive, too. Prices of new and used cars, however, developed differently. Detailed data, the annual progress...
read moreAutomakers cancel plans for layoffs in Brazil
September 14, 2015 | 03:02am CEToriginalReasons, the strike of Ford employees, car sales in 2015, the situation at Daimler and GM…
read moreSkoda needs to increase production of Octavia cars
September 10, 2015 | 09:33pm CEToriginalReasons, demand in 2015, the current waiting time, requirement of the carmaker for Saturday shifts at one plant, more options...
read more
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