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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
Hlava (Kiekert): Acoustics will play greater role in locking systems
March 17, 2015 | 11:53pm CEToriginalProduction growth in the Czech Republic, new orders, expansion of the R&D centre, a new acoustic chamber, HR, payroll, a high proportion of temporary employees, clients, great potential in the US and China...
read moreCar sales in EU up by 7.3% in February
March 17, 2015 | 11:46pm CEToriginalThe market has been growing for 18 months in a row. Results in individual countries, sales of carmakers, comments and views of KPMG and PwC for 2015...
read moreInvestor entered Keri, acquiring majority stake
March 17, 2015 | 01:47am CEToriginalThe Private Equity company and its profile, the new shareholder structure, financial results of Keri, financing bank, transaction advisors...
read moreCSU: Car prices in Czech Rep dropped m/m in February 2015
March 16, 2015 | 11:53pm CEToriginalPrices of new and used cars evolved differently, as well as the prices of spare parts and service works. Rising prices of motorcycles, detailed data, the y/y development...
read moreGM to suspend production in Russia
March 16, 2015 | 11:45pm CEToriginalPeriod of the production downtime at a factory in St. Petersburg, sales view of Toyota in 2015...
read moreWages of employees of Czech plant of Hyundai to rise by 3.3%
March 16, 2015 | 11:36pm CEToriginalAgreeing on an addendum to the collective agreement after two months of negotiations, increase in the bonus for meeting the production plan, comments...
read moreNew Maserati showroom to be built in Czech Rep
March 16, 2015 | 02:34am CEToriginalInvestor, location, reasons for the construction, timing, sales of new Maserati cars on the Czech market in 2014...
read moreFormer Allianz top manager to become new head of Ceska pojistovna
March 15, 2015 | 11:49pm CEToriginalHe has been working in the insurance industry for nearly 25 years, being also the head of the association of insurance companies in one country in Central Europe. Jaroslav Mlynar’s successor, timing...
read moreTwo Polish employees at Skoda Auto were stealing parts
March 15, 2015 | 11:44pm CEToriginalThese are workers from one Czech factory. They were already arrested by the police. Location, affected components, the amount of damage, detection method...
read moreLouwman increased new car sales in Czech Rep by 40% in 2014
March 15, 2015 | 11:36pm CEToriginalThe interest in individual brands Toyota, Lexus, Ford and Suzuki, used car sales, the Czech HEV market leader, the new Toyota showroom...
read moreOICA: Global vehicle production increased by 3% in 2014
March 15, 2015 | 11:26pm CEToriginalSituation on each continent, leaders, output growth in the Czech Republic at a double-digit pace, sales...
read moreVolvo Easily: Volvo began offering operating leases for consumers in Czech Rep
March 12, 2015 | 11:28pm CEToriginalThe financial partner, the length of the lease, the parameters of full-service leasing, affected models, prices...
read moreSkoda Auto's operating profit in 2014 increased by 56.6% with revenue growth of 13.9%
March 12, 2015 | 11:09pm CEToriginalGrowth was driven by the Rapid, Yeti and Octavia models, other models recorded a fall in production. Purchasing, car sales, production in China...
read moreDolansky: Kia increased sales to companies in Czech Rep in 2014 to more than 2,600 cars
March 12, 2015 | 10:56pm CEToriginalThe outlook for 2015, success in a tender of Czech Post, the postal fleet financing by traditional supplier Arval, cars painting on request...
read moreCar with Reason: Cebia and Essox launched program in Czech Rep for purchase of used car from individuals
March 12, 2015 | 01:07am CEToriginalWhile Essox provides funding, Cebia reviews the situation and history of the vehicle. Microsite, price of the services, advertising at Sauto.cz, an example of the loan...
read moreTrade unions in Skoda Auto Kvasiny got out of KOVO union
March 12, 2015 | 12:51am CEToriginalThey have thus followed union organizations in other Czech plants of the carmaker. Timing, union penetration, wishes to continue the cooperation...
read moreVolkswagen to move part of Tiguan production to America
March 12, 2015 | 12:41am CEToriginalThis will happen with the advent of the second generation, which will also receive the seven-seat version. Location, investment amount, timing, HR, planned production volume...
read moreRochling to expand one plant in Czech Rep
March 11, 2015 | 12:06am CEToriginalThe location, new halls and presses, purchase of land and its price, HR, timing, new orders, automotive products, clients...
read moreIveco Trucks appointed new marketing manager for Czech Rep and Slovakia
March 10, 2015 | 11:55pm CEToriginalThe position was assumed by a person with experience in competitive truck manufacturer. Details...
read moreMobilita+: CSOB Leasing discounted leases of some cars to consumers in Czech Rep
March 10, 2015 | 11:45pm CEToriginalThe affected Ford, Kia, Skoda, Hyundai, Volvo and Audi models, the current and the previous instalments, comparison with the ownership, validity of the special offer...
read moreGM plans to repurchase shares for USD 5 billion
March 10, 2015 | 11:30pm CEToriginalThe step is part of an agreement with a group of investors that should stave off a power struggle within the company’s management. Use of the cash, dividend increase...
read moreBMW Group to make personnel changes in Central Europe
March 9, 2015 | 11:56pm CEToriginalOne manager of the Czech branch of BMW and Mini will move to Slovakia, causing a shift of another manager. The tender for the vacant position of...
read moreAuto Palace won contract from one energy firm in Czech Rep
March 9, 2015 | 11:43pm CEToriginalSupplied cars (number, brand, model, engine, equipment), funding through operating lease, negotiations on the renewal of the sister company fleet...
read moreTomas Vanek left Toyota Motor
March 9, 2015 | 11:34pm CEToriginalHe held the position of PR manager in the Czech representation of the carmaker. His agenda will be covered both internally and externally...
read moreVahland: Skoda Auto to expand production in another plant in Czech Rep
March 8, 2015 | 11:46pm CEToriginalLocation, capacity increase, timing, prepared and considered models, plans with the new Superb, hybrid version, the situation in post-Soviet countries...
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