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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
EU started to defend itself against dumped imports of Chinese components
November 2, 2010 | 04:19am CEToriginalIt has imposed duty on aluminium discs and begun investigating circumvention of the measure by the Chinese exporters of steel bolts. The validity and amount of duty, undervaluation of the Chinese currency...
read moreContinental and Schaeffler merger to be possibly delayed by tax claims of U.S. against Schaeffler’s major owner
November 2, 2010 | 01:50am CEToriginalWhile the earliest possible date of the merger has been the end of 2011 so far, now it is...
read moreInvelt aims to attract owners of individually imported BMWs to winter inspection for free
November 2, 2010 | 01:35am CEToriginalThe action applies to cars not older than 8 years and to the first visit of an authorized Invelt service centre in Prague. The offer is valid from...
read moreConsumer Reports: Car reliability in U.S. still dominated by Japanese brands, U.S. brands approaching
November 2, 2010 | 01:23am CEToriginalThe Top 10 include seven Japanese, two European and one American brand. Details of the ranking...
read moreAnnonce introduced several innovations in print and online used car advertising
November 2, 2010 | 01:07am CEToriginalThe printed version in newsstands is now full-coloured; moreover, a letter box issue has been added. Apart from the internet site, there is an application on Facebook...
read moreCzech Government possibly not to agree on grants of compulsory insurance to fire fighters
November 2, 2010 | 12:56am CEToriginalAccording to the Government, the amendment would worsen the financial situation of insurance companies and possibly mark the damage liability up. Details of the bill and the arguments...
read moreALD Automotive and GE Money Auto became members of SOLUS
November 2, 2010 | 12:47am CEToriginalThe association SOLUS currently has 34 members, of whom 13 are engaged in automobile financing. Benefits of the membership in SOLUS...
read moreToyota Motor began production of 1.4 D-4D diesel engine in Poland
November 2, 2010 | 12:39am CEToriginalThe place of production, annual production, engine parameters, deliveries to factories in Europe and Africa, fitting into the models...
read moreCCS, Natankuj.sk: Fuel down in Czech Rep last week, up in Slovakia
November 2, 2010 | 12:25am CEToriginalPetrol at the Czech filling stations became cheaper by 22 hellers, diesel by 10 hellers. Development in Slovakia, analysts' expectations for this week...
read moreA. Charouz expanded portfolio for another brand, becoming Mazda dealer
November 1, 2010 | 05:44am CEToriginalIt is the 13th volume brand in the portfolio of the Auto Charouz group. Simultaneously, the company entered the city, in which it has not operated so far...
read moreNissan recalls 2.14 million cars worldwide, including Infiniti brand
November 1, 2010 | 05:32am CEToriginalIt is caused by problems with the ignition. The affected models, years of production, the number of cars in various regions including Europe and the Czech Republic...
read morePetr Benes became new commercial head at CSOB Pojistovna
November 1, 2010 | 05:18am CEToriginalThis division was led by managing director Jeroen van Leeuwen in the recent years. Professional career of Benes...
read moreBMW recalls 150,000 cars equipped with 35i engine in USA
November 1, 2010 | 05:01am CEToriginalThis is caused by a defective fuel pump, which may cause a loss of engine power. The affected models and years of production, the possibility of convening in Europe...
read moreSkoda Auto rose operating profit by 64.4% in Q1-3 at revenue growth of 16.3%
November 1, 2010 | 04:50am CEToriginalProduction increased by 8.1%, sales by 12.8%, net profit by 115.5%. The carmaker is further reducing costs; the model mix improvement is caused by more expensive models of Yeti and Superb...
read moreToyota secretly bought out faulty cars from its customers, reportedly for their analysis
November 1, 2010 | 04:41am CEToriginalMost cars were allegedly bought under warranty. Under the complaint, transactions included a confidentiality agreement and the inability to sue the carmaker...
read moreSales of commercial vehicles in EU rose by 13.7% in September, by 6% in Q1-3
November 1, 2010 | 04:31am CEToriginalRegistrations of heavy trucks rose by 20.4% in September, in Q1-3 they fell by 5.5%. The situation in individual countries and on the bus market...
read moreVolkswagen showed highest Q3 profit in history in Q3 2010
November 1, 2010 | 04:17am CEToriginalIt was supported by double-digit revenues growth and profits from investments - shares in Porsche, MAN, and shares in joint ventures in China. Cash reserves continued to rise...
read moreTPCA to further reduce state of agency staff at end of October
October 28, 2010 | 11:55pm CEToriginalDue to the falling production in TPCA, suppliers of components and services such as NYK Logistics and Lear are forced to release staff as well...
read moreToyota Financial Services started selling used cars through electronic auction in Czech Rep
October 28, 2010 | 11:16pm CEToriginalThese are cars taken from bad payers and cars returned from operating leases. Apart from Toyota dealers, the auction is available for other companies...
read moreRenault and Dacia holding winter service action in Czech Rep by mid-November
October 28, 2010 | 10:57pm CEToriginalWhen having a car inspected for CZK 200, the customer will receive discount coupons. The event includes a discounted offer of tires and complete wheels...
read moreCar insurance market in Czech Rep decreased by 6% in Q1-3, accident insurance more than damage liability
October 27, 2010 | 05:57am CEToriginalThe number of insured vehicles grew by 98,000 units. Detailed results of insurance companies...
read moreTomas Zavoral to leave insurance company Direct after three years
October 27, 2010 | 05:35am CEToriginalDirect has not appointed Zavoral’s successor yet, his powers will be temporarily taken over by the PR agency Ogilvy. Zavoral is likely to pass to some other insurance company...
read moreUniqa introduces car insurance SafeLine to other countries, now to Czech Rep
October 27, 2010 | 05:21am CEToriginalThe SafeLine uses a GPS unit from Cebia to help against thefts, while accidents and vehicle operating costs savings. Discounts on insurance, results abroad...
read moreKia Motors used EU funds for staff training in Czech Rep
October 27, 2010 | 05:04am CEToriginalThe training at the importer focused on dealer network management and business negotiation leading. Details, financing, administrator of the project...
read moreMinerva holding two workshops on MMOG/LE standard for suppliers in Czech Rep in November
October 27, 2010 | 04:50am CEToriginalTraining of the new version of MMOG/LE V3 will be held on two dates in Brno and Prague. The most recent user of the standard is the carmaker GM...
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