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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
AutoBinck invested CZK 99.03 million (EUR 4.04 million) in media (TV, print, internet, radio, outdoor, cinema) in Czechia in 2023 to promote MG brand, representing 9th place (Hyundai CZK 327 million/EUR 13.35 million, Škoda CZK 313.94 million/EUR 12.81 million, Toyota CZK 298.71 million/EUR 12.19 million, Kia CZK 253.89 million/EUR 10.36 million, Volkswagen CZK 229.2 million/EUR 9.35 million, Opel CZK 137.58 million/EUR 5.62 million, Renault CZK 134.09 million/EUR 5.47 million, Peugeot CZK 129.97 million/EUR 5.3 million, Citroën CZK 96.96 million/EUR 3.96 million, Dacia CZK 78.78 million/EUR 3.22 million, Nissan CZK 71.04 million/EUR 2.9 million, BMW CZK 59.29 million/EUR 2.42 million, Cupra CZK 57.66 million/EUR 2.35 million, Fiat CZK 45.64 million/EUR 1.86 million). Top 15 advertisers in car segment purchased advertising space worth total of CZK 2.33 billion (EUR 95.21 million). In 2024, we plan to invest CZK 140 million (EUR 5.6 million) in marketing, Králíček (AB Motors CZ) said
December 27, 2024 | 04:41pm CETflashread more
JATO Dynamics: Electric (rechargeable) vehicle sales in Europe (28 countries) down by 2% to 266,137 units (183,259 BEVs, +1%; 82,878 PHEVs, -8%) in November, representing 25.2% share in total registrations (penetration, -0.2 pp). Tesla Model Y (17,654 cars, +1%) was best-selling battery electric vehicle (BEV), followed by Škoda Enyaq (9,045, +15%), Tesla Model 3 (7,891, -55%), Volkswagen ID.4 (6,479, +8%) and Volvo EX30 (5,827, new). Volvo XC60 (5,780, +28%) was best-selling plug-in hybrid (PHEV), followed by VW Tiguan (4,576, +161%), BMW X1 (3,865, +46%), Ford Kuga (3,061, -24%) and BMW X5 (2,641, +39%)
December 27, 2024 | 04:36pm CETflashread more
Porsche Holding Salzburg: Global new car sales to increase by 1.9% to 78.53 million in 2024 (2023: 77.05 million units), meaning return almost (-1.6%) to pre-covid level (2019: 79.85 million). European car market to grow by 2.7% to 14.28 million (13.9 million), representing one fifth less (-19.7%) than before pandemic (17.79 million)
December 27, 2024 | 04:30pm CETflashread more
AutoSAP: Car production in Czechia down by 8.4% y/y in November (Škoda+SEAT -4.7%, Hyundai -15.9%, Toyota -12%). Buses (Iveco -10.3%, SOR -44.8%, Škoda Electric 0 units), motorcycles (Jawa -69.3%) successful differently. Although it can be expected that full-year production volume will surpass not only 2023 values but also historical highs of domestic production, it turns out that stagnation on European markets is also negatively impacting domestic producers and suppliers in Q3. November was second month in row when fewer vehicles were produced year-on-year, and similar figure can be expected for December. Even coming months will not be nearly as favourable in terms of production and sales as they were in H1 2024, Petzl said
December 27, 2024 | 04:26pm CETflashread more
Toyota Central Europe (Czechia, Slovakia, Poland, Hungary) with 166,940 new Toyota and Lexus vehicles (sales 152,822+14,118) became largest Toyota Motor distribution organization in Europe (Toyota Motor Europe) in 2023 (+28.6%, 2022: 129,856 cars and vans), followed by Toyota UK with 147,010 (131,109+15,901, +25.4%, 117,226), Toyota France with 133,267 (127,045+6,222, +13.9%, 117,040), Toyota Italy with 115,904 (111,641+4,263, +14%, 101,713), Toyota Spain with 97,545 (90,545+7,000, +14.3%, 85,310) and Toyota Germany with 90,101 (86,100+4,001, +4.9%, 85,858). As for Toyota Professional sub-brand, customers in Central Europe purchased more than 22,500 commercial vehicles in 2023 (+30%, 17,500)
December 27, 2024 | 04:19pm CETflashread more
JATO Dynamics: Dacia Sandero (22,014 registered vehicles, +8%) was best-selling car in Europe (28 countries) in November, followed by Tesla Model Y (17,654, +1%), Volkswagen Golf (17,530, +11%), Renault Clio (17,213, +7%), Peugeot 208 (16,798, +43%), VW T-Roc (16,581, +18%), Toyota Yaris Cross (16,442, +7%), VW Tiguan (16,116, +52%), Toyota Yaris (15,356, +20%) and Dacia Duster (14,052, +15%). Overall market down by 1.7% to 1.05 million, led by Volkswagen, Toyota, Škoda, BMW, Mercedes, Renault, Peugeot, Audi, Dacia and Kia
December 23, 2024 | 06:45pm CETflashread more
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
Operating Sphere
Car prices in Czech Rep dropped by 0.3% m/m in July
August 10, 2011 | 12:40am CEToriginalNew cars became cheaper more than the used ones. Prices of spare parts were flat but repair works became more expensive. Detailed information, including year to year comparisons...
read moreCzech plant of Inteva Products received grant from EU for employee training
August 10, 2011 | 12:32am CEToriginalThe use of the subsidy, the current profile of the plant in Liberec (employees, product portfolio, customers)…
read moreNewsDrive launched another automobile portal Automobile Things in Czech Rep
August 10, 2011 | 12:23am CEToriginalThis is the third media activity of the company after Autotelevize.cz video portal and AutoDrive magazine on defunct television Z1. Details of the project led by Pavel Foltyn...
read moreMando expands into Europe, to build plant in Poland
August 9, 2011 | 01:05am CEToriginalThe plant will follow on work of the office in Germany. Location, proximity to major customers, the nature of production, investment, schedule, customers...
read moreKongsberg Automotive to move part of production from UK into Poland
August 9, 2011 | 12:52am CEToriginalIn one of British plants it will cause the release of 138 employees. The affected plants, the nature of production, date of the transfer...
read moreCar financing in Czech Rep up by 3% in H1
August 9, 2011 | 12:40am CEToriginalSome companies experienced double-digit declines, many experienced a double-digit growth. Home Credit goes on with a three-digit growth. UniLeasing returned to Top 20. The results of companies...
read moreMBtech opened branch in Hungary
August 9, 2011 | 12:33am CEToriginalThe company has thus expanded its presence in CEE, where it is established in the Czech Republic, Poland and Turkey. Location, major tasks in connection with the expansion of Daimler...
read moreGenerali introduced premium damage liability Exkluziv in Czech Rep
August 9, 2011 | 12:25am CEToriginalThis includes, inter alia, a 10% bonus extra to bonus and direct settlement along with arranging accident insurance. Details and examples...
read moreComposites Europe 2011: Trade fair of composite materials, technologies and applications to take place in Stuttgart in late September
August 9, 2011 | 12:16am CEToriginalThe sixth year will be attended by 350 exhibitors from 25 countries. Details of the event...
read moreSkoda Auto increased sales by 13.5% in March, by 21.4% in Q1
August 9, 2011 | 12:13am CEToriginalMarch sales are the best monthly result ever. In the Czech Republic, sales rose by 9.2% in March. Demand for the individual models...
read moreCCS, Natankuj.sk: Fuel slightly cheaper in Czech Rep last week, prices stagnated in Slovakia
August 9, 2011 | 12:08am CEToriginalBoth petrol and diesel sold at Czech petrol stations became cheaper by 9 hellers. Analysts’ expectations for this week...
read moreKia continues to strengthen dealer network in Prague, chose seventh partner
August 8, 2011 | 04:37am CEToriginalThe independent importer of cars from the U.S. expanded the activities with a Kia authorized dealership. The new dealer, showroom location...
read moreArvinMeritor to concentrate on commercial vehicles, sold Body Systems division to Inteva
August 8, 2011 | 04:20am CEToriginalFor Inteva this means doubling the number of employees, entry into new regions and expansion of product portfolio. The transaction value, including plants in Czech Rep and Slovakia...
read moreTriglav started to provide allowance for non-life insurance for two discount programs in Czech Rep
August 8, 2011 | 04:10am CEToriginalMembers of programs Family passports and Senior passports can obtain a discount on car insurance. The partner, discounts...
read morePal Magneton renamed to Magneton after a year
August 8, 2011 | 04:02am CEToriginalThe new owner of this Czech automotive supplier thus returned to long-established trade name...
read moreLeasing of cars and LCVs in Czech Rep down in H1, trucks and buses up
August 8, 2011 | 03:53am CEToriginalNumber of contracts concluded, financial and operating leases, fleet management, consumer loans, car financing penetration...
read moreDirect started giving drivers over 50 years of age premium assistance services free of charge
August 8, 2011 | 03:49am CEToriginalThis group of drivers is least risky, according to Direct. The range of Top Asist services from Europ Assistance, discounted insurance...
read moreHonda to recall 2.5 million cars in workshops
August 8, 2011 | 03:42am CEToriginalThe reason is a software modification to the automatic transmission. The affected models, production years, numbers in various regions...
read moreCSOB Leasing returned to profit along with growth of trade by 4% in 2010
August 8, 2011 | 03:35am CEToriginalThe number of new contracts rose by 2%, equity by 7.8%. Cooperation with PSA Finance, new customers in 2010...
read moreGenerali PPF Holding: Largest accident insurance penetration in CEE in Slovenia
August 8, 2011 | 03:30am CEToriginalSlovakia, Poland, Hungary and Bulgaria follow. In the Czech Republic, clients of Ceska pojistovna are more responsible than other motorists...
read moreOpel 24 hours: Twice as many cars sold during weekend event in Czech Rep than year ago
August 8, 2011 | 03:23am CEToriginalBS Auto defended the position of the most successful dealer, Auto-Staiger reigned among dealerships. Demand for individual models, results in Slovakia…
read moreChrysler to recall 300,000 cars in U.S. because of problems with airbags
August 5, 2011 | 01:10am CEToriginalIn extreme cases it could lead to unwanted activation. The measure covers cars Town & Country/Voyager/Grand Caravan manufactured in...
read moreSaab owner to issue new shares to raise money for payroll
August 5, 2011 | 12:58am CEToriginalSwedish Automobile assumes that employees will receive their money until the end of...
read moreSales of new cars in Czech Rep rose by 6.4% in July, LCVs sales by 21.1%
August 4, 2011 | 05:02am CEToriginalAccording to SDA, the July increase has virtually compensated the June drop. Development of trucks and buses, the results of individual brands...
read moreTesco expanded collaboration with RSA into fourth country, to offer car and travel insurance in Czech Rep
August 4, 2011 | 04:57am CEToriginalSales channels, the benefits for members of the Tesco Clubcard, sales expectations, three packages, non-inclusion of the direct liquidation, examples and prices...
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Trešl: Hyundai considered deploying Xcient hydrogen trucks/tractors (FCEVs) to transport...
Auto UH Group (Fiat, Fiat Professional, Ford, Hyundai, Volkswagen, VW Commercial Vehicles...
AR Servis (Tibiq Automotive Holding; Škoda, Hyundai dealer in Jindřichův Hradec, Czechia)...
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New brands (mainly Chinese) entering Czech market (2023: MG 150 g/km, +1 g/km y/y; Alpine...
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SELECTED ARTICLES
Czech antitrust authority imposed fine on two car dealers for cartel
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King Long expands in Europe, established partner for Czech Rep and Slovakia
Toyoda Gosei to increase production in Europe
Kirchhoff Automotive looking for new suppliers
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Source: ECB, January 27, 2025