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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
Spiegel: Martin Winterkorn to remain head of Volkswagen until 2016
November 29, 2010 | 12:09am CEToriginalThe supervisory board of the carmaker has reportedly decided on the extension of the contract, although the company declined to confirm it. His current contract is going to expire in...
read moreJaroslav Povsik to lead Skoda Auto unions till 2014
November 28, 2010 | 11:47pm CEToriginalKOVO unions have extended his term of office for four years. Povsik’s deputy has become...
read moreFastbox introduced loyalty program in Czech Rep, benefits may be also applied in Austria
November 26, 2010 | 01:40am CEToriginalIn the near future, the company is going to run its e-shop. Suppliers of parts and service catalogue, parameters of the loyalty program...
read moreAAA Auto: Sales of used commercial vehicles back to pre-crisis level
November 26, 2010 | 12:58am CEToriginalAfter ten months of 2010 the company increased its sales by 71%, of which 75% were in the Czech Republic and 60% in Slovakia. Five best-selling brands and models...
read moreTop-Pojisteni.cz: Insurance companies increasingly use damage liability for sale of additional service in Czech Rep
November 26, 2010 | 12:48am CEToriginalThe growth of segmentation and number of variants, changes in the bonus system, taking of elements of accident insurance...
read moreCitroen C-Zero EV in high demand in Czech Rep, importer expects tens of cars sold in 2011
November 25, 2010 | 05:11am CEToriginalDemand of specific companies, price and equipment, financing by PSA Finance, service in the whole dealer network, current state of orders…
read moreFastbox to offer certified EV servicing in Czech Rep, just under negotiation with Bosch
November 25, 2010 | 04:44am CEToriginalAt the same time, the company is preparing EV financing; several leasing companies have already expressed interest. Expected sales...
read moreTop-Pojisteni.cz: Basic rates of damage liability grow annually by 7-8% in Czech Rep, real premiums fall by 4-6% though
November 25, 2010 | 04:11am CEToriginalChanges in rates during the year, disadvantageousness of insurance payments fixed into financing, development of rates in 2010 and 2011...
read moreHyundai wants to strengthen image in Europe by offering premium models, to be available in Czech Rep too
November 25, 2010 | 03:44am CEToriginalIn 2011, the carmaker is going to introduce the models Genesis, Genesis Coupe, Equus, but also the successor of the Accent and Sonata, and new versions with a start-stop system...
read moreDirect settlement by CSOB Pojistovna to be free of charge, only for damage to vehicle, with payment of spare car
November 25, 2010 | 03:28am CEToriginalCSOB Pojistovna will settle and pay the claim. Existing clients will receive the service a contract renewal. Details of Damage liability without worries...
read moreAdmosphere: Direct as one of biggest advertisers among insurers in Czech Rep, invests over half of revenues
November 24, 2010 | 02:43am CEToriginalLeaders of the insurance market, Ceska pojistovna and Kooperativa invest less than 1% in advertising. Details of individual insurance companies...
read moreCzech police continue in fleet renewal with Skoda vehicles, to buy 28 Yeti cars
November 24, 2010 | 02:30am CEToriginalThere were a total of four companies participated in the tender, the decisive criterion was the price. The contract winner, value of the contract, the price of one car...
read moreSlavia not to punish perpetrators of minor accidents by loss of bonus
November 24, 2010 | 02:19am CEToriginalLowering the bonus along with insurance coverage to and over CZK 15,000, a claim-free bonus in advance, discounts for different groups of drivers, insurance options...
read moreFastbox: Car owners in Czech Rep unnecessarily spend CZK 8 billion in service points annually
November 24, 2010 | 02:11am CEToriginalIt is caused by wrong diagnosis of a problem and subsequent unnecessary maintenance work. The size of market for car service points in the Czech Republic...
read moreMahindra & Mahindra to buy majority stake in South Korean carmaker SsangYong
November 24, 2010 | 01:59am CEToriginalThe Indian carmaker wants to become stronger in the SUV segment in this way. The share and the value of acquisitions...
read moreGenerali withdrew from most of claim charges in Czech Rep
November 24, 2010 | 01:49am CEToriginalAt the same time the insurance company introduced bonus copying to family members, and prepared a 55% discount on damage liability for the autumn and winter for…
read moreWinterkorn, Vahland: Skoda and VW flagships to have different gear, umbrella of Superb remains
November 24, 2010 | 01:37am CEToriginalAccording to the management of the carmaker, the quality of both brands is supposed to remain high. Comments of both managers...
read moreNHTSA investigates problems with Honda Accord Hybrid
November 24, 2010 | 01:25am CEToriginalThe authority has received one complaint and is now considering recall action. Any decision would affect 25,000 cars in the USA...
read moreFastbox to offer e-mobility program on Czech market as well as in Austria
November 23, 2010 | 06:04am CEToriginalThe importer for one brand and dealer for two other brands, negotiating with the public sector and energy companies, charging stations at branches, commercial EVS from CZK 500,000...
read moreCCS: Fuel prices increased by tens hellers in Czech Rep last week
November 23, 2010 | 05:42am CEToriginalPetrol more expensive on average by 37 hellers, diesel by 32 hellers. Development in Slovakia and analysts' expectations for this week...
read moreFastbox: Czech Rep offers space for 300-400 fast service points; we want to have 30%
November 22, 2010 | 01:00am CEToriginalThe first premises on the Czech market and the planned ones for 2011, the market for fast service points in the Czech Republic, prices and range of services, franchising and expansion to other countries...
read moreCitroen started selling tested used cars under Citroen Select program in Czech Rep
November 22, 2010 | 12:45am CEToriginalIn Europe, there are 1,200 vendors providing such a service, in the Czech Republic another 25 dealers will be added. Warranty and other services from Europ Assistance, the sale plan, the current offer...
read moreAAA Auto raised gross profit and revenues by third in Q3, but margin declined slightly
November 22, 2010 | 12:27am CEToriginalIn Q1-3, its gross profit increased by 23.2% at revenue growth of 15.5%. The ratio of operating costs towards revenues remained at 19%. Reasons for decline in margin...
read moreMartin Zavadil and Halfords ex-managers to be in charge of Fastbox expansion in Czech Rep
November 22, 2010 | 12:14am CEToriginalZavadil previously developed a network of stores with sporting goods Drapa Sport. Jiri Mica will be in charge of...
read moreDynavix: Demand for navigation devices in PDA to become equal to portable ones by 2013
November 19, 2010 | 03:24am CEToriginalIn the future, manufacturers of navigation systems will become navigation software dealers only. Besides the versions for the iPhone Dynavix is preparing a version for Android. Sales in 2010...
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