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Czech Insurance Association: Martin Diviš (Kooperativa) re-elected as president of ČAP for next two years, Roman Juráš (Generali Česká pojišťovna) and Dušan Quis (Allianz) as vice-presidents. Nine-member presidium to be completed by Rastislav Havran (Uniqa), Jiří Střelický (ČSOB Pojišťovna), Yoram Schwarz (NN), Pavel Wiesner (Česká podnikatelská pojišťovna/ČPP), Dominik Štros (Colonnade Insurance), Libor Dvořák (ERV Evropská pojišťovna)
December 20, 2024 | 05:41pm CETflashread more
ACEA: New car registrations in EU down by 1.9% in November (Volkswagen +4.1%; Stellantis -10.1%; Renault +8.3%; Toyota +17.3%; Hyundai -13.4%; BMW -6.5%; Mercedes-Benz -0.6%; Ford -8%; Volvo Cars +13.3%; Tesla -40.9%; Nissan -18.1%; Suzuki -0.02%; SAIC -7.8%; Mazda -14.7%; Jaguar Land Rover -7.1%; Mitsubishi -24.2%; Honda -18%), individual fuel/power types successful differently (BEV -9.5%, PHEV -8.8%, HEV+MHEV +18.5%, FCEV+NGV/CNG+LPG+biofuel/ethanol -10.1%, petrol -7.8%, diesel -15.3%)
December 20, 2024 | 05:34pm CETflashread more
ESG: Thanks to support of Panattoni (developer, lessor of industrial, warehouse, office space for automotive, other firms in North America, Europe, Asia), racer David Pabiška (SP Moto Bohemia Racing Team, KTM 450 Rally motorcycle) to be first Czech in history to have his fuel emissions offset (through voluntary CO2IN/Amper Holding carbon credits certified by TÜV Nord Czech in amount corresponding to volume of fuel burned and emission factor according to 2024 DEFRA methodology) at Dakar Rally (January 3-17, 2025; Saudi Arabia). Although this only offsets fuel-related emissions (1,880 kg CO2, 800 liters), not total carbon footprint of participation in race, it is important step in effort to minimize impact of motorsport on environment, said Panattoni, aiming to achieve carbon neutrality by 2025
December 18, 2024 | 12:50pm CETflashread more
VDIK: German market for passenger electric vehicles (EVs) to fall by 18.6% to 570,000 units in 2024 (380,000 BEVs -27.5%, 190,000 PHEVs +8.1%; 2023: 699,943 BEVs+PHEVs). In 2025, sales of new rechargeable cars in Germany to increase by 37% to 780,000 (580,000 BEVs +52.6%, 200,000 PHEVs +5.3%), representing market share of 27% (20+7%). Unless framework conditions for electromobility improve, sales volume of battery electric vehicles in 2025 to remain at level of 2024, Labbé pointed out
December 16, 2024 | 12:47pm CETflashread more
Marušinec (ASEP, BatteryX, Elon Club): Batteries for electromobility experienced significant technological progress in recent years (chemistry: lithium-ion nickel-manganese-cobalt/LiNiMnCoO2/Li-ion NMC, capacity: 100 kWh, range: 600 km, lifespan: 20 years, price: CZK 250,000/EUR 10,000; lithium-iron-phosphate/LiFePO4/LFP, 80 kWh, 500 km, 30 years, CZK 170,000/EUR 6,800; sodium-ion/Na-ion, 75 kWh, 350 km, 40 years, CZK 50,000/EUR 2,000; lithium-sulfur/Li-S, 500 kWh, 2,500 km, 20 years, CZK 900,000/EUR 36,000). LFP makes comeback in vehicles, Li-S to likely find application in aeroplanes/aircraft, he added
December 16, 2024 | 12:40pm CETflashread more
ČSÚ: Car prices in Czechia up by 0.4% m/m in November, down by 0.8% y/y (new: +0.5%, +2.1%; used: +0.2%, -2.7%). Inflation (consumer price index/CPI) in related areas developed differently – motorcycles (-1.8%, -3.2%), spare parts and accessories (+0.2%, +4.8%), fuels and oils (+0.8%, -7.6%), maintenance and repairs / service works (+0.1%, +8.9%)
December 16, 2024 | 12:34pm CETflashread more
Dolák (Toyota dealer in Příbram, Písek, Tábor, České Budějovice and Pilsen, Czechia) suspended its intention to continue expanding its branch network in Western Bohemia, expanded service facilities in Pilsen. Company plans to build Lexus dealership in České Budějovice and completely new premises for Toyota brand, as existing showroom in České Vrbné is approaching capacity
December 12, 2024 | 12:58pm CETflashread more
VDIK: German commercial vehicle market to grow by 8.4% to 390,000 units in 2024 (2023: 359,689), of which 300,000 under 6 tonnes (+13%, 266,589) and 90,000 over 6 tons (-3%, 92,800). New van, truck sales in Germany to fall by 5.1% to 370,000 in 2025. Manufacturers developed zero-emission electric and hydrogen trucks that can be ordered and delivered. And many customers are interested in them. Unfortunately, framework conditions for freight ZEVs currently do not meet many expectations. Although there is CO2 surcharge on truck toll, which puts zero-emission trucks in better position than those with internal combustion engines (ICEs), there is lack of planning certainty, for example when it comes to electricity prices, Labbé said. VDIK will continue to advocate for effective government support for purchase of climate-friendly commercial vehicles in future, for example by reinvesting part of revenue from truck toll in transformation of road freight transport. Charging and hydrogen refueling infrastructure for heavy-duty electric trucks is still in its infancy and its construction must now gain momentum very quickly so as not to hinder spread of zero-emission trucks, she added
December 12, 2024 | 12:49pm CETflashread more
Martin Hendrych left Proseat, joining Schneider Electric as Plant Manager in Písek, Czechia (manufacturer of industrial components with more than 500 employees). He replaced Bart Mach in position. Lukáš Berger appointed as new head of Proseat Mladá Boleslav factory (manufacturer of polyurethane foam parts for car seats with 330 employees; customers, projects: Audi Q4, BMW M5 Sedan G90, BMW X6 G6X, BMW X7 G7X, Škoda Fabia, Škoda SK336, Toyota Yaris, Volkswagen ID.Buzz, Mubea)
December 10, 2024 | 02:48pm CETflashread more
VDIK: New car sales in Germany to decrease by 0.9% to 2.82 million in 2024 (2023: 2.84 million), of which 32.5% to be registered by private individuals (916,000, -2%, 2023: 933,147), 32.4% by fleet customers (913,000, -7%, 976,698), 24% by automakers and dealers (678,000, +7%, 635,597), 11.1% by car rental and leasing companies (313,000, +5%, 299,167). This development reflects current uncertainty of private and corporate customers, caused by current economic and geopolitical situation, Schmidt mentioned
December 10, 2024 | 02:41pm CETflashread more
Operating Sphere
Court ordered Volkswagen to sell stake in Suzuki back
September 10, 2015 | 09:23pm CEToriginalAt the same time, however, the court acknowledged the right of Volkswagen to compensation because Suzuki violated the terms of the Partnership Agreement. The former and the current value of the shares...
read moreSales of cars and vans in Russia fell by 19.4% in August
September 10, 2015 | 09:16pm CEToriginalSlower pace of decline, the results over the first eight months, the demand for Skoda cars, AEB comment...
read moreNexen Tire hires local managers in Central Europe
September 10, 2015 | 02:49am CEToriginalThis is related to the expansion of activities in manufacturing, distribution and sales. The company has been recently strengthened by managers from competitors and the state administration...
read moreInsurance companies in Czech Rep to further increase prices of damage liability in 2015-2016
September 10, 2015 | 02:38am CEToriginalThe stated reasons, the amount of growth rates, the situation of Allianz, CSOB, Slavia and CPP companies...
read moreWustenrot sold insurance business in Czech Rep
September 8, 2015 | 11:44pm CEToriginalIt is the life and non-life insurance companies. The buyer and his profile, consultant, candidates, reasons for sales, financial results, partnership in the insurance...
read moreAnother Skoda dealer in Czech Rep changed owner
September 8, 2015 | 11:30pm CEToriginalThe firms concerned, localities, other activities, web, completion of the transaction, further expansion...
read moreToyota Motor aims to reduce prices at parts suppliers after year
September 7, 2015 | 11:54pm CEToriginalReasons, requirements of the carmaker, the history of negotiations with component makers, financial results, Toyota New Global Architecture...
read moreContinental restored Czech rubber conference Gumference
September 7, 2015 | 11:48pm CEToriginalDate, place, program of Gumference 2015, co-organizers of the 3rd year, cooperation stock market, Taraxagum Dandelion Rubber, delegates...
read morePolish army apparently decided for Scania vehicles in long tender
September 7, 2015 | 11:34pm CEToriginalThe offer of the Polish company with Tatra vehicles was reportedly tightly second. The volume of the contract, contract signing, the parameters of vehicles...
read moreSkoda SUV Coupe: Skoda considering further expansion of SUV range
September 6, 2015 | 11:52pm CEToriginalVisualization, timing, statement of the carmaker, upcoming and planned models (Snowman, Yeti II, B-SUV), Hyundai Tucson Coupe...
read moreNexen Tire to begin construction of plant in Czech Rep soon
September 6, 2015 | 11:29pm CEToriginalEIA, zoning, building permit, production capacity, HR, employee training, R&D centre...
read moreVolkswagen started production of engines in Russia
September 6, 2015 | 11:18pm CEToriginalLocation, capacity, drive units for VW and Skoda models, car sales in the first seven months...
read moreSDA: Registrations of new cars in Czech Rep up by 31.1% in August
September 4, 2015 | 04:13am CEToriginalGrowth was driven by Skoda, Ford, Opel, Hyundai, VW, BMW, Renault and Nissan. The accumulated results, data net of short-term registrations, development in commercial vehicles...
read moreDaimler opened virtual Mercedes Me Store in Czech Rep
September 3, 2015 | 11:57pm CEToriginalPartnership with the most expensive street in the country, the first real Mercedes Me Store in a German city, Mercedes-Benz Prague Fashion Week...
read moreOwners of Volkswagen suggested manager to new chief of Supervisory Board
September 3, 2015 | 11:50pm CEToriginalThe Supervisory Board also proposed extending the current contract to the CEO with a few years...
read moreVolkswagen began providing 4-year warranty for commercial vehicles in Czech Rep
September 3, 2015 | 02:09am CEToriginalThe extended warranty applies to both vans and passenger versions. The models concerned, mileage limits, coverage, advertising campaign...
read moreCzech Leasing and Finance Association appointed new Chairman
September 3, 2015 | 01:46am CEToriginalIt happened after Jirina Tapsikova had gone from member company SkoFIN. Her successor became a former member of the CLFA Board...
read moreCar sales in Germany grew by 6% in August
September 3, 2015 | 01:35am CEToriginalExport, results in the first eight months, the share of domestic brands, registrations in France, Italy and Spain...
read moreJirina Tapsikova moved to another position within Volkswagen Group
September 2, 2015 | 02:13am CEToriginalCountry, company, new function, her successor in the Czech branch of Volkswagen Financial Services...
read moreNissan began providing 5-year warranty for commercial vehicles in Europe
September 2, 2015 | 12:26am CEToriginalThe warranty has been extended also at original accessories. The models concerned, mileage limit, exceptions...
read moreBAIC wants to acquire stake in Daimler
September 2, 2015 | 12:15am CEToriginalSize of the stake, the advancement of the negotiations, timing, accession of Chinese companies to Western carmakers...
read moreJATO: Car sales in Europe up by 9.1% in July
August 31, 2015 | 11:35pm CEToriginalDevelopment in individual countries, the Czech Republic in Top 5 fastest growing markets, results of brands, most demanded models, results over seven months...
read moreSeat won huge fleet contract in Europe
August 31, 2015 | 11:17pm CEToriginalCountry, client, the size of the fleet, models, engines, timing, special adjustments and their supplier, the use of cars, fleet trade of the brand in 2014...
read moreCar Importers Association refined statistics of new car drives in Czech Rep
August 31, 2015 | 11:05pm CEToriginalChanges relate to the category of EVS and HEVs. Details, demand for electric and gas vehicles in July, the leaders of alternative drives...
read moreRolls-Royce to open first dealership in Czech Rep
August 31, 2015 | 12:39am CEToriginalThe local partner, location of the showroom and service centre, timing, sales on the Czech market, the service potential, competitors in Central Europe...
read more
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