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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
PSA Peugeot Citroen continues to optimize distribution in Europe
October 10, 2014 | 01:04am CEToriginalThe company has appointed one head for all three brands (Peugeot, Citroen, DS) in Slovakia, while previously they were led by two managers. Details...
read moreIAC Group wants to build another plant in Czech Rep
October 9, 2014 | 11:48pm CEToriginalLocation, developer, plot size, new orders, products, HR, timing, resistance of part of local residents, clients in Europe...
read moreCode of Ethics: Hyundai Motor Czech intends to occupy released locations in half-year
October 9, 2014 | 11:34pm CEToriginalThe distributor has found new dealers for five cities, another 12 projects are in progress. Modernization of showrooms according to a new concept...
read moreMubea to invest over EUR 35 million in Czech Rep
October 9, 2014 | 11:11pm CEToriginalLocation of the company’s largest plant in the world, plot size, HR, products, R&D centre, responsibility for some global projects, clients...
read moreApollo Tyres to build plant in Eastern Europe
October 9, 2014 | 01:02am CEToriginalConsidered and confirmed location of the second European factory, amount of investment, capacity, HR, timing, products and brands, clients...
read moreGE Capital to enter lease financing in Czech Rep
October 8, 2014 | 10:53pm CEToriginalAcquisition of VB Leasing CZ by GE Money Bank, signing of the contract, permission of UOHS, completion of the transaction, expected price, the likely changes...
read moreGlobal Dealership Space Identity: Hyundai introduced new design concept for dealerships
October 8, 2014 | 10:35pm CEToriginalArchitecture of the showrooms, new colours, construction vs. adaptation, the first implementations on various continents, including Europe, timing...
read moreSynlab to change fleet in Czech Rep for CNG cars and EVs
October 7, 2014 | 11:21pm CEToriginalThe green vehicles will be leased by long-term partner LeasePlan. The brand and model, supplier-dealer, annual cost savings, fleet size...
read moreWitte Automotive expands in Central and Eastern Europe
October 7, 2014 | 10:55pm CEToriginalExpanding the production and development capacities in Bulgaria and the Czech Republic, locations, details of investment, HR, sales growth...
read morePSA Peugeot Citroen negotiates sale of one division
October 7, 2014 | 10:40pm CEToriginalThe subsidiary company, its products and business results, the amount of share, the offer including financial injection, the situation on the relevant market...
read moreSDA: New car registrations in Czech Rep up by 19.4% in September 2014
October 7, 2014 | 10:27pm CEToriginalGrowth was driven by the Hyundai, Ford, Volkswagen, Opel, Skoda, Mazda, Kia, Peugeot and Mitsubishi brands. A decrease in the van segment, growth of trucks...
read moreRaiffeisen-Leasing won first client for fleet management in Czech Rep
October 6, 2014 | 11:21pm CEToriginalThe IT company concerned, fleet size, brand and models, full-service leasing offer by Raiffeisen-Leasing, a position of the leasing company in Austria...
read moreLMC Automotive lowered 2014 car sales outlook in Western Europe
October 6, 2014 | 10:56pm CEToriginalThe existing and new estimate, development in September, 13th consecutive growth, uncertainties...
read moreShell changed model of lubricants and oils distribution
October 6, 2014 | 10:44pm CEToriginalDetails, the situation in Europe, the new distributor for the Czech Republic and Slovakia and its clients, shorten delivery times for retailers...
read moreMedea Research: Sales of new cars in Czech Rep up by 17.6% in September
October 5, 2014 | 11:56pm CEToriginalThe growth was driven by Hyundai, Opel, Volkswagen, Skoda, Mazda or Kia brands. BMW failed. The decrease in van segment, statistics by brands, models and segments...
read moreInternational Diesel Service established contactless fuel card for commercial vehicles
October 5, 2014 | 11:50pm CEToriginalImproving safety when refueling, availability of services in Europe and the Czech Republic, cooperation with Benzina, upcoming solutions with a pair of contactless cards...
read moreHyundai Extra Car: Hyundai launched new campaign for i30 estate in Czech Rep
October 5, 2014 | 11:41pm CEToriginalThe campaign highlights the development in Germany, production in the Czech Republic, a 5-year warranty, luggage space or equipment. TV spot...
read moreProSporty: Kooperativa introduced sports equipment insurance in Czech Rep
October 5, 2014 | 11:19pm CEToriginalIt is additional car insurance for cyclists and skiers. The scope of coverage, territorial force, participation, indemnity limit, prices, discount for Kooperativa clients...
read moreAAA Auto got another fine from Czech Trade Inspection
October 5, 2014 | 11:07pm CEToriginalReasons, the amount of the fine, company’s statement to the sanction, business results of Mototechna and Mototechna Premium concepts...
read moreWarren Buffett entering car sales
October 5, 2014 | 10:52pm CEToriginalHis company Berkshire Hathaway will buy the U.S. dealer group Van Tuyl Group and is looking for further acquisitions. Details...
read moreBrembo expands production in Czech Rep, faster than planned
October 2, 2014 | 11:53pm CEToriginalLocation, investments, new production capacity, developer, HR, high demand from premium brands, clients, other possible expansion...
read moreVolkswagen and Fiat threatened with lawsuit because of consumption data
October 2, 2014 | 11:35pm CEToriginalThe country, consumer organization, affected models, compensation sought, appeal to owners to join the lawsuit, activities of the European Commission...
read moreCar sales in Germany up by 5% in September
October 2, 2014 | 11:19pm CEToriginalThe return to growth after the August decline, results in Q1-3, production and export, development in France, Italy and Spain...
read moreSeat Ole: Seat began offering operating lease for consumers in Czech Rep
October 1, 2014 | 11:43pm CEToriginalThe financial partner, the affected models including CNG cars, rental period, the mileage limit, the content of monthly payments of full-service leasing, prices...
read moreChamber of Deputies postponed mandatory car videos at MOT stations in Czech Rep
October 1, 2014 | 11:31pm CEToriginalThe introduction of license plates on request has also been postponed. The reasons, timing, the tender for the license plate manufacturer...
read more
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