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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
Skoda Fabia III: Carmaker launched sale in Czech Rep, with 5-year warranty almost for free
October 30, 2014 | 03:06am CEToriginalEngines, technologies, equipment, prices of the hatchback and estate, sales plans, launch in other markets, glass suppliers, production of the second generation, MirrorLink and SmartGate for further models...
read moreFiat Chrysler Automobiles to sell Ferrari to FCA owners and to launch brand on stock exchange
October 30, 2014 | 02:50am CEToriginalStock shares, stock exchanges for Ferrari IPO, obtaining funding for the group development, the issue of convertible bonds, exchange of the Ferrari CEO, financial results of FCA...
read moreVosicky: Hyundai plans to increase its market share in Czech Rep to 15% by 2018
October 30, 2014 | 02:42am CEToriginalThe current share, growth segments, purpose registrations, alternative drives, unification of used car sales programs under one brand...
read moreCitroen offers credit with 0% interest for up to 3 years in Czech Rep
October 29, 2014 | 11:51pm CEToriginalAccident insurance with 0% participation in home service shop within Citroen Insurance and Peugeot Insurance, partners, a free IdealDrive service agreement for the C1...
read moreSehnal (SPGroup): Slavia Pojistovna currently not for sale
October 29, 2014 | 12:23am CEToriginalHowever, SPGroup reportedly continues to offer the oldest Czech insurance company and one bank helps with that. The plan to boost profitability, capital increase, the dispute with the CNB...
read moreYou+ Nissan: Nissan introduces loyalty program for car owners in Europe
October 29, 2014 | 12:13am CEToriginalThe process of implementation in various regions, discounts on maintenance according to the age of the car, registration accompanied by a contest, mobile application, service shops involved, QX Program...
read moreHavex opened its first Skoda showroom according to new concept in Czech Rep
October 29, 2014 | 12:01am CEToriginalThe location, a microsite with advice regarding the purchase, maintenance and operation of a car, a 5-year warranty free of charge on new and nearly new Skoda and Seat cars...
read moreAudi Connect: Audi started to provide free online updates for navigation maps for 3 years
October 28, 2014 | 11:53pm CEToriginalThe models involved, the required technological equipment of vehicles, alternative options for updating map data...
read moreToyota to end cooperation with Tesla Motors
October 28, 2014 | 11:47pm CEToriginalSale of shares of Tesla, reviewing investments, the results of existing cooperation, negotiations on a new contract...
read moreTakata and several carmakers face lawsuits in USA because of scandal with airbags
October 28, 2014 | 11:40pm CEToriginalThe legal action for concealment of information, the automakers involved, individual and collective actions, deaths and injuries, the brands changing airbags...
read moreTatra agreed with unions of two subsidiaries on wage addendum to collective agreement
October 27, 2014 | 02:42am CEToriginalDetails of the wage agreement, the increase in the variable component tied to quality, revenues and EBITDA, validity, cancellation of the planned strike...
read moreDaimler sold its stake in Tesla Motors
October 26, 2014 | 11:52pm CEToriginalHowever, cooperation of both carmakers will apparently continue. The transaction price, current and upcoming Mercedes, Smart and Fuso EVs and HEVs, timing...
read moreChamber of Deputies postponed vote on abolition of contribution for uninsured vehicles in Czech Rep
October 26, 2014 | 11:37pm CEToriginalReasons, timing, the proposal for the extinction of the CKP right to enforce the contribution to the guarantee fund after three years, problematic semi-transfers of vehicles...
read moreSDA: Forty HEVs and twelve EVs registered in Czech Rep in September 2014
October 26, 2014 | 11:23pm CEToriginalThe registry also included 211 vehicles powered by CNG and 69 cars on LPG. Leaders of alternative drive systems, another Lexus hybrid, results in Q1-3...
read moreEmployees of two subsidiaries of Tatra planning another strike
October 24, 2014 | 01:39am CEToriginalThis happened after the failure of the warning strike. Dates, details of the dispute, the company’s and intermediary’s statements, wage levels, backup solutions of the truck maker...
read moreSwell introduced expansion plan by 2018
October 24, 2014 | 01:26am CEToriginalDetails of a 5-year strategy, relocation of one facility, extension of R&D centre, HR, tenders for a number of positions, subcontract works, new technologies...
read moreVolvo Car to increase production in Sweden
October 24, 2014 | 01:09am CEToriginalLocation, reasons, new facility, measures, HR, revised working agreement, timing, sales results and outlook…
read moreEmployees of Tatra’s two subsidiaries to strike
October 23, 2014 | 04:32am CEToriginalThe strike does not apply to the production of vehicles. The term, length of the warning strike, the reasons, attitude of the company...
read moreArval Club: Arval extends benefits for employees of clients in Czech Rep
October 23, 2014 | 04:23am CEToriginalA discount on taxi and car transport, a credit card with discounts at gas stations, partners, the number of members after the first year of the program...
read moreDaimler is said to negotiate purchase of stake in MV Agusta motorcycle manufacturer
October 23, 2014 | 04:11am CEToriginalThe share and its alleged value, possible reasons for the acquisition, the current majority owner...
read moreVigo Investments to change name of Czech branch of Triglav
October 21, 2014 | 10:29pm CEToriginalThe timing, transaction price, acquisition sphere of Vigo Investments’ interest...
read moreAutocentrum Barth expanded portfolio with one more brand
October 21, 2014 | 10:19pm CEToriginalAcquisition of the showroom, the location, selling company and its results, the first non-European brand, the only fleet centre of this brand in the Pardubice Region...
read moreVolvo Car launched sale of HEVs in Czech Rep
October 21, 2014 | 10:07pm CEToriginalThe first model, next plug-in hybrids, parameters and prices, eight-speed automatic transmission Aisin, network of charging stations at dealers, first instalation...
read moreRonal acquired new client, production to be ensured in Czech Rep
October 21, 2014 | 12:50am CEToriginalIt is a large carmaker producing in Central Europe. Expansion of one plant, production growth, HR, timing, clients of the largest manufacturer of aluminium wheels in the world...
read moreLedvinkova (Baker & McKenzie): Group of businessmen and lawyers blackmailed automotive suppliers in Czech Rep for over 10 years
October 21, 2014 | 12:23am CEToriginalThe amount of damage, actions for fictitious debts, abuse of lien, possible defence against mould blocking, failure to use the courts and their interim measures...
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