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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
Volkswagen Group has largest market share in Czech Rep, Germany is second
September 14, 2010 | 05:06am CEToriginalIn addition, it increased the share by 5 percentage points in H1. The Czech Republic is thus Volkswagen's second largest market in the CEE region. Detailed data of sales and registrations...
read moreContinental won new contracts, to invest EUR 20 million in Czech Rep
September 14, 2010 | 04:49am CEToriginalThe expansion of production in Frenstat, new orders from several carmakers, the expected increase in revenues, investment schedule...
read moreInsurance companies in Czech Rep to launch direct liquidation of damages regardless of fault
September 14, 2010 | 04:37am CEToriginalIt has been firstly introduced by Direct, at the end of September Ceska pojistovna will follow; Kooperativa and Generali are preparing it. Analyst’s opinion, other assistance services from CP...
read moreCSSD again proposed law against credit overcharging
September 14, 2010 | 04:27am CEToriginalAccording to the proposal, the amount of penalty would not exceed the amount of the loan, and the APR would be limited by the government on the basis of data provided by the central bank...
read moreRussia could allegedly raise funds for scrap bonus by 25%
September 14, 2010 | 04:18am CEToriginalThe state-owned bank Sberbank, which seeks an investor for the plant of a bankrupt carmaker IzhAvto, also calls for an extension of the scrap bonus. Candidates...
read moreAuto Esa sent petition against tachometer manipulation to Minister of Transport Vit Barta
September 14, 2010 | 04:05am CEToriginalThe petition has been signed by several dozen clients of Auto Esa; the company has also created a page for the petition on the social network Facebook...
read moreNissan to sell cars in China under new brand Venucia
September 14, 2010 | 03:48am CEToriginalDevelopment and manufacturing will be in charge of a joint venture with Chinese partner Dongfeng Motor. The first model with this brand will be launched in...
read moreAAA Auto: Fraudulent sales of cars in execution on rise in Czech Rep
September 14, 2010 | 03:40am CEToriginalA growing number of seized cars is recorded by executors as well. In 2010, the number of executions registered in the central repository of executions in the Czech Republic...
read moreDaechang Seat wants to increase production in Czech Rep, planning to build new plant in Trinec
September 13, 2010 | 01:00am CEToriginalThe company wants to move production from the leased premises in Ostrava there. Investment, new jobs, the current production, supplies to Hyundai...
read moreInvelt became exclusive dealer of Alpina in Czech Rep and entire Central Europe
September 13, 2010 | 12:44am CEToriginalHigher sales plans compared to the predecessor AuTec Group, the new models B3 S Bi-Turbo and B5 Bi-Turbo, prices compared to BMW and BMW M...
read moreFormer Opel and Chevrolet showroom in Svitavy sold after more than year
September 13, 2010 | 12:34am CEToriginalThe new owner of the sales and service complex of the bankrupt company Socar servis, former unsuccessful auctions, the estimated and selling price...
read moreVolkswagen sales rose by 11.2% in August, by 13.4% over eight months
September 13, 2010 | 12:26am CEToriginalGerman factories of Volkswagen are now operating at full capacity with overtimes. The results of individual brands, the growth of the Skoda brand, the outlook...
read moreRussian Volkswagen plant not managing to produce, Skoda’s market share in Russia declining
September 13, 2010 | 12:19am CEToriginalThe demand has not been met even by Skoda Auto factories in the Czech Republic. Due to the scrap bonus, the car sales in August increased in the y/y comparison, falling m/m by...
read moreHyundai introduced its first EV, based on smallest model i10
September 12, 2010 | 11:42pm CEToriginalParameters of the electric BlueOn, battery supplier, noise system VESS, launching of the test and mass production, sales plan...
read moreFree Trade Agreement between EU and South Korea gets complicated, reservations in Italy
September 12, 2010 | 11:27pm CEToriginalExpected changes in the Czech foreign trade, Italian concerns, protective clauses, further negotiations, suspension of the contract...
read moreWinterkorn (Volkswagen): Skoda to become low-cost brand in order not to compete with VW brand
September 10, 2010 | 06:38am CEToriginalThe new generation Skoda Fabia will have a different technology from the VW Polo in 2014; the carmaker will empower in cheaper models, the Superb might end...
read more3M wants to invest USD 2 billion in Central and Eastern Europe, partly in Czech Rep
September 10, 2010 | 06:24am CEToriginalThe investment is also oriented to a purchase of innovative companies or their shares. The new technology centre in Prague; lightweight materials, which are being glued...
read moreRenault wants to expand own dealer network in Czech Rep
September 10, 2010 | 06:17am CEToriginalIt plans to add other premises to the present one in Prague 5. Results of Renault Retail Group in the Czech Republic and Europe in 2009, plans for 2010…
read moreCeska podnikatelska pojistovna increased selected rates of damage liability and accident insurance from September
September 10, 2010 | 06:04am CEToriginalAt the same time, CPP began to transfer the bonus of compulsory third party liability to accident insurance. Details of rate increases and the reasons...
read moreCar prices dropped by 0.3% m/m in Czech Rep in August
September 10, 2010 | 05:57am CEToriginalUsed cars became cheaper than the new ones. Prices of spare parts went up while prices of service works stagnated. Detailed info...
read moreCLFA: New Consumer Credit Act not to solve range of problems of gray financing
September 10, 2010 | 05:52am CEToriginalThe association calls for the tightening of conditions in consumer lending. Selected unfair practices and proposals for action...
read moreRaiffeisen - Leasing: Internet application participates in total car financing with 11%
September 10, 2010 | 05:40am CEToriginalThe application Click - Car Financing was visited by more than 30,000 users from January to May 2010 and the possibility of non-binding calculation was used by...
read moreMitsubishi and Peugeot possibly produce EVs for Europe in Spain
September 10, 2010 | 05:33am CEToriginalAn alleged start of production, production plans, the price of compact electric car, negotiations between Spain and Mitsubishi on building a factory producing batteries...
read moreMann+Hummel expanded its range with urea filters for SCR systems
September 10, 2010 | 05:18am CEToriginalThe company will introduce a new filter of the Mann-Filter brand at the 2010 Automechanika fair in mid-September. Details of the filter and a new catalogue...
read moreDecrease in volume of leasing in Slovakia slowed down to 7.8% in H1 from 42.7% a year ago
September 10, 2010 | 05:11am CEToriginalThe leasing market was supported mainly by entrepreneurs and revived by the financing of commercial vehicles. Consumer financing, major players...
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