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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
Future of internal combustion engines: Downsizing, more turbochargers, cylinders’ shutting-down
February 15, 2010 | 01:06am CEToriginalAfter Daimler, Chrysler and GM, the cylinders’ shutdown system is coming also to BMW cars, Audi is working on it. Cylinders’ shutting down in hybrids...
read moreEXPECTED DEVELOPMENT IN AUTOMOTIVE: Jahn: New production and progress of R&D not to be in Czech Rep without euro
February 14, 2010 | 11:57pm CEToriginalHowever, due to the budget deficit, the introduction of the euro is being postponed from previously contemplated years 2012 and 2013 to...
read moreEIB to provide carmaker Saab with loan of EUR 400 million
February 14, 2010 | 11:11pm CEToriginalThe loan has been guaranteed by the Swedish government on condition that Saab will use it for the development of eco-friendly models...
read moreSkoda Auto entered into Hong Kong, Brazil and Taiwan, being on 106 markets
February 12, 2010 | 03:16am CEToriginalIn the interest of the Czech carmaker there are also other countries such as Vietnam, Iran and Angola. In cooperation with Volkswagen it is considering production/assembly in...
read moreHenniges Automotive to close one of two plants in Czech Rep
February 12, 2010 | 12:43am CEToriginalThe company has failed to find an investor, 350 people will lose their job in Ostrava. The reasons are financial problems and loss of significant client...
read moreMatula (CLFA): Financing of used vehicles to grow in 2010
February 12, 2010 | 12:34am CEToriginalCompanies will resort to financing with short-term liability. Leasing companies in cooperation with suppliers of equipment...
read moreMann+Hummel: Plastic keeps breaking into automotive components’ production
February 12, 2010 | 12:19am CEToriginalIt is therefore replacing the metal, possibly both materials are being combined. Spectrum of the use of plastics, bioplastics and aluminium, projects with carmakers...
read moreSwell postponed plans to extent development centre in Horice
February 11, 2010 | 11:57pm CEToriginalThe company, which provides complete development and testing services for the automotive industry, has spare capacities at present...
read moreAvia obtained global approval for car sales in EU in advance
February 11, 2010 | 11:35pm CEToriginalCars and motorcycles are obliged to have the European approval already at present. The global homologation will be mandatory for trucks as of…
read moreSkoda Octavia: Production in Mlada Boleslav to fell in March but still going in three shifts
February 11, 2010 | 11:13pm CEToriginalThis decline in production will mean cutting about 300 jobs. In contrast, production of the Octavia in Vrchlabi will grow...
read moreLeasing of movable assets fell by 53.3% in Czech Rep in 2009, consumer loans by 24.5%
February 11, 2010 | 10:53pm CEToriginalShare of the growth in operating leases continued in total leasing of movables. The outlook for 2010...
read moreVolkswagen convening 200,000 Gol and Voyage cars in Brazil due to problems with rear wheels
February 11, 2010 | 10:40pm CEToriginalInsufficient lubrication of bearings at rear wheels can cause their jam, in extreme case, the wheel could loosen…
read moreFederal-Mogul launched HTA exhaust gaskets into aftermarket
February 11, 2010 | 10:29pm CEToriginalIt is a gasket capable of withstanding high exhaust gas temperatures up to 1,000 °C, which are mainly used by cars with new supercharged engines...
read moreAvia to offer trucks and buses with CNG drive in 2010
February 11, 2010 | 02:51am CEToriginalIt will be an aggregate of the parent carmaker Ashok Leyland. Avia has also prepared a new cab, which will be presented in...
read morePrices of cars sold on Czech market dropped by 4.7% m/m in January
February 11, 2010 | 02:38am CEToriginalUsed cars became cheaper more than the new ones. However, prices of spare parts and repair work went up. Specific information...
read moreMcKinsey & Company: Automotive supplier without strategy for emerging markets will have problems in few years
February 11, 2010 | 02:26am CEToriginalHowever, developed markets now require electric cars and other alternative drives. Car sales in Germany in 2010...
read moreDirect insurance company prepared web application to obtain clients of competition
February 11, 2010 | 01:56am CEToriginalThe new application generates or sends an e-mail notice in due course to people interested in coming to Direct...
read moreCzech plant of Witte Automotive expects fall in profits and revenues by 15% in 2009
February 11, 2010 | 01:45am CEToriginalThe company adopted a number of measures last year, including non-renewal of employment contracts of limited duration. The main customers remain...
read moreFiat to produce nine models in Russia, together with local partner Sollers
February 11, 2010 | 01:32am CEToriginalBoth companies intend to invest EUR 2.4 billion in a joint venture. The factory should have a capacity...
read moreBetter Place: At least 45,000 electric cars to be operated in Israel by 2015
February 11, 2010 | 01:18am CEToriginalRenault and Nissan will begin supply electric vehicles produced in Turkey on the Israeli market in 2011, with a monthly quota...
read moreCouncil for advertising: Advert of insurance company Slavia for damage liability with fine insurance Krystof is ethical
February 11, 2010 | 01:08am CEToriginalThe Council has been addressing only the first complaint on the advertisement since the launching of the insurance Krystof on the market in 2007, the complainant was...
read moreHonda calling further 437,763 cars down in USA and Japan due to defective airbags
February 11, 2010 | 12:53am CEToriginalIt is an extension of the action from 2009 and it relates to vehicles produced in the United States and Canada. In January, Honda has already convened...
read moreGhosn (Renault, Nissan): Electric cars to have share of 10% in total car sales in 2020
February 11, 2010 | 12:07am CEToriginalDemand for electric cars should be supported by the rapidly growing economies such as...
read moreSaab dealer network to be doubled in Czech Rep and Slovakia
February 10, 2010 | 07:55am CEToriginalNow signing of the contract for the sale of Saab to Spyker is being awaited. Polar Mobil should remain importer, brand financing...
read moreCEZ: Future of car drives being in electricity and hydrogen, we intend to participate in both
February 10, 2010 | 03:26am CEToriginalElectric drive for passenger cars, hydrogen one for trucks and buses. Upcoming projects, possibilities of hydrogen production, the planned investments...
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