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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
Hawtai Motor to buy 30% of Spyker Cars and help with financing and expansion of Saab
May 4, 2011 | 04:14am CEToriginalSaab will also gain a partner to enter China, Hawtai technologies and international sales network. Details of the investment...
read moreSummer tires for passenger cars more expensive by up to 5%
May 4, 2011 | 04:02am CEToriginalThe price of natural rubber has grown by more than 50% in the last six months. The increase in prices of tires should continue...
read moreShimizu wants to increase production in Czech Rep
May 2, 2011 | 11:37pm CEToriginalThe company intends to expand the existing plant, install new technologies, increase production capacity by 50% and engage dozens of new employees. Details, customer of the production...
read moreVladimir Fuchs became new head of Europ Assistance in Czech Rep and Slovakia
May 2, 2011 | 11:31pm CEToriginalHe has been promoted from the position of commercial director. He replaced Josef Woerner, who...
read moreRenault Business Tour 2011: Renault to present novelties in LCVs throughout Czech Rep for half a year
May 2, 2011 | 11:12pm CEToriginalThose will be Business Centres, new versions of models, the possibility of extensions, Euro 5 engines. Orders in Q1, fleet success in the state administration...
read moreSaab secured money, wants to resume production
May 2, 2011 | 10:57pm CEToriginalShort-term funds are concerned. The carmaker plans to resume production within a week...
read moreDirect Pojistovna selected new spokesperson after half a year
May 2, 2011 | 10:32pm CEToriginalThe company appointed Katerina Krasova, who came here from another position within the company, to the function…
read moreCCS, Natankuj.sk: Fuel slightly cheaper in Czech Rep last week, more expensive in Slovakia
May 2, 2011 | 10:15pm CEToriginalThe price of petrol sold at Czech stations went down by 2 hellers, diesel by 5 hellers. Analysts’ expectations for this week...
read moreKvasiny-based plant of Skoda Auto has new head as of May
May 2, 2011 | 01:51am CEToriginalPavel Richter was promoted from the position of the welding shop head, and replaced Jan Tauchman...
read moreBasic wages in Czech Hyundai plant to increase by 5%
May 2, 2011 | 01:41am CEToriginalThe company agreed with both trade unions on the new collective agreement after 16 rounds of negotiations. The increase of certain contributions and surcharges...
read moreOdometer downsizing to be offence in Czech Rep, fine of up to CZK 10 million
May 2, 2011 | 01:37am CEToriginalMinistry of Transport graduated the sanctions. The availability of MOT database, logging mileage to a technical card...
read moreSpyker Cars leading advanced talks with three Chinese carmakers, including Great Wall
May 2, 2011 | 01:27am CEToriginalThe company reported Q1 net loss of EUR 76.3 million and reduced Saab’s sales estimate for 2011...
read moreLeasePlan launched online application for ordering cars by existing clients in Czech Rep
May 2, 2011 | 01:18am CEToriginalAlso LeasePlan’s representations in other countries have shown interest in application eOrders, developed by the Czech branch. Details of the application...
read moreAutobond continues to expand in Czech Rep, to buy dealership in North Moravia
April 29, 2011 | 07:49am CEToriginalThe company will also expand its portfolio by a sixth brand and will enter into two new cities and dominate the subcontractor. Details of the subjects, the expected performance in 2012...
read moreSwedish debt office allowed Vladimir Antonov to acquire stake in Spyker Cars
April 29, 2011 | 07:43am CEToriginalThe businessman’s investment must also be approved the Swedish Government, EIB and GM. The amount of the investment, a stake in Spyker...
read moreNissan Micra extended fleet of car rental Sixt in Czech Rep
April 29, 2011 | 06:18am CEToriginalThe first cars were handed over in early April; the rest will be delivered by the end of 2011. The contract’s volume, model’s specification…
read moreTriglav agreed to cooperate with health insurer OZP in Czech Rep
April 29, 2011 | 06:03am CEToriginalTriglav has started offering discounts for non-life insurance of up to 50% to its clients, including the automobile insurance. Details of the discounts...
read moreCar insurance market in Czech Rep decreased by 8.6% in Q1, damage liability by double-digit pace
April 28, 2011 | 02:55am CEToriginalThe number of insured vehicles increased by 131,000 units, the insurance is thus getting cheaper. Results of insurance companies...
read moreTatra allegedly selling CKD kits to India under price, thus facing complaint
April 28, 2011 | 02:43am CEToriginalIt is said that an Indian shareholder is involved in the business. Tatra as well as the Czech state might suffer incurred loss. Details and comments of Tatra...
read moreToyota and Honda continue in reducing production abroad
April 28, 2011 | 02:36am CEToriginalCarmakers will reduce production in Brazil, Argentina and India. Details...
read moreIAC Group to move production for Opel Astra from Belgium to Czech Rep
April 27, 2011 | 03:30am CEToriginalThe reason is the model’s production shift from a closed factory in Antwerp to Poland. Production growth and new jobs in one of the Czech factories...
read moreT.Rad wants to expand production in Czech Rep
April 27, 2011 | 03:17am CEToriginalThe company plans to expand its plant in Unhost as well as double the number of its employees. It is caused by new contracts...
read moreConPro organizing conference Mobility Forum in Prague in mid-May
April 27, 2011 | 03:09am CEToriginalAt the event there will be representatives of companies Arthur D. Little, Tili Czech Republic, RWE Transgas, PRE, CEZ, MasterCard, Prazska plynarenska or TUV Sud...
read moreCCS: Fuel prices in Czech Rep flat last week
April 27, 2011 | 03:02am CEToriginalHowever, Petrol Natural 95 went up slightly to its historical peak. Current fuel prices...
read moreAuto-Staiger to leave Czech Rep after 20 years, got rid of all three showrooms
April 26, 2011 | 04:41am CEToriginalOne was rented, the second leased one was returned back and the Czech subsidiary with the third showroom will be sold to a mid-sized dealer group...
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