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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
Europ Assistance began offering assistance service for cars directly to motorists in Czech Rep
May 19, 2011 | 12:51am CEToriginalSo far, the service has been offered through partners only. Details of insurance AutoCare, target group, price, new portal Europ-online.cz...
read morePorsche considers production overseas, reportedly in U.S. and China
May 19, 2011 | 12:45am CEToriginalThe reason is a strong sales growth, which reached more than 50% in April. No decision on the foreign production has been made yet...
read moreFerrari to include maintenance for 7 years in price of new cars
May 19, 2011 | 12:37am CEToriginalDetails of the program which applies to most models; start in the Czech Republic; comparison with other brands; extended warranty up to 9 years...
read moreToyota’s car production in Europe to return to its standard as of June 1
May 19, 2011 | 12:33am CEToriginalDespite the temporary restricted production and supplies due to an earthquake, the carmaker wants to increase sales on the European market…
read moreMuller: Saab might resume production next week
May 18, 2011 | 05:15am CEToriginalMeanwhile, there is no exact date of production start, the date will depend on the outcome of negotiations with suppliers...
read moreNew cars sales in EU fell by 4.1% in April
May 18, 2011 | 05:00am CEToriginalAll major markets excluding Germany suffered sales decline. Negative news from southern Europe, the impact of earthquakes in Japan...
read moreJohnson Controls to build sixth plant for car parts in Czech Rep
May 16, 2011 | 11:47pm CEToriginalThe considered and confirmed location, the nature of production, two phases of the construction, commencement of manufacture, recruitment of employees, customers...
read moreLong-time head of Carlife on Czech market Andrew Quirke to lead QBE in Czech Rep
May 16, 2011 | 11:04pm CEToriginalMost recently, Quirke has worked as sales director of the QBE Product Protection Division for Central Europe. His predecessor...
read moreSkoda Auto plans to significantly expand plant in Kvasiny
May 16, 2011 | 10:40pm CEToriginalThere are several options taken into account, including production capacity and number of employees doubling, the introduction of production of certain group models...
read moreKamax increasing production in Czech Rep, preparing construction of new logistics centre
May 16, 2011 | 10:28pm CEToriginalThe manufacturer of screws for cars and commercial vehicles plans to employ up to 300 people there. Details of the investment, customers...
read moreCLFA prepared draft to amendment of Consumer Credit Act
May 16, 2011 | 10:06pm CEToriginalThe association updated 22 points; in most of them it reached an agreement with many state institutions. Other issues of the financial sector to be solved...
read moreSpyker agreed to rescue Saab with another Chinese investor, car distributor Pangda
May 16, 2011 | 09:54pm CEToriginalHowever, the transaction must be approved by a number of institutions and GM. Details of the investment worth EUR 110 million from a Chinese company, which gained IPO in April...
read moreCCS, Natankuj.sk: Fuel in Czech Rep and Slovakia cheaper last week
May 16, 2011 | 09:34pm CEToriginalPetrol at the Czech filling stations went down by 10 hellers, diesel by 14 hellers. Analysts' expectations for this week...
read moreEurop Assistance increased turnover by 20% in Czech Rep and Slovakia in 2010
May 16, 2011 | 03:52am CEToriginalThe share of the car segment, the profit development, technical assistance, call centre statistics, the number of vehicles covered, outlook...
read moreITT Corporation aims to expand production of brake pads for cars in Czech Rep
May 15, 2011 | 11:24pm CEToriginalThe company plans to expand its plant in Ostrava, and install new production lines. Details of the increased capacities and number of employees, customers...
read moreSkoda Auto to test 18-week shift model of production in Kvasiny from September, to run fully from 2012
May 15, 2011 | 11:12pm CEToriginalRecruitment of hundreds of new employees, upgrade of paint shops in Mlada Boleslav and Kvasiny...
read moreCLFA: Market for non-bank financing to increase in 2011
May 15, 2011 | 11:08pm CEToriginalThe Association expects leases to grow by 8%, then a slight increase in loans, and as for the factoring it might be over 10%. The lack of used trucks in Europe...
read moreAudi wants to create 10,000 new jobs by 2020
May 15, 2011 | 10:21pm CEToriginalThe carmaker currently employs around 60,000 people. In 2011, Audi wants to accept in Germany...
read moreSkoda Auto increased sales by 22.8% in February, in two months by 24.6%
May 15, 2011 | 10:14pm CEToriginalSkoda recorded sales increases on all major markets. The most increased interest was seen in Superb, Yeti and Fabia...
read moreBMW considers building other factories outside Europe
May 13, 2011 | 12:52am CEToriginalThey could be located in Asia and Latin America. Record bonuses for employees, new jobs created in 2011...
read moreThe agreement on investment by Hawtai Motor in saving Saab has been canceled
May 13, 2011 | 12:39am CEToriginalReason for cancellation of the agreement, the ongoing negotiations with Vladimir Antonov and Great Wall Motor...
read moreAdmosphere: Hyundai and Volkswagen invested in TV advertising in Czech Rep most in April
May 12, 2011 | 02:24am CEToriginalThe total length of advertising time; details of spots, which were not related to specific models...
read moreJan Dryak to leave CSOB Leasing
May 12, 2011 | 02:13am CEToriginalHe has worked in the company for over seven years, most recently as PR manager and business support specialist. His successor, the reason and date of personnel change...
read moreCar prices in Czech Rep down by 0.4% m/m in April
May 12, 2011 | 02:08am CEToriginalUsed cars became cheaper than the new ones. Prices of spare parts and service work stagnated. Detailed information, including a y/y comparison...
read moreCzech Rep wants to expand number of cars to which environmental tax applies
May 12, 2011 | 02:02am CEToriginalThe tighter rules will probably be applied in three years, because the limit will move by 6 years from 2014. Vehicles meeting Euro 3, the greater volume from tax collection...
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