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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
MAN to pay EUR 150.6 million fine to end corruption investigations
January 4, 2010 | 05:27pm CEToriginalThe company reportedly bribed to obtain contracts. As a result of the corruption scandal, chief representatives resigned from their posts in November, namely...
read moreAuto Diskont offers free navigation with each car above CZK 20,000
January 4, 2010 | 04:38pm CEToriginalWith a car that costs more than CZK 100,000, customers can then choose free winter tires instead of the navigation. The best-selling cars of the year 2009…
read moreSales of German brands Audi, BMW and Mercedes-Benz up in November again
January 4, 2010 | 03:57pm CEToriginalBMW’s worldwide sales went up by 11.5%, sales of Mercedes by 16% and sales of Audi by 8.9%. However, the reason of the growth is mainly Chinese market…
read moreHyundai stopped selling cars in Japan after eight years
January 4, 2010 | 02:24pm CEToriginalIt will be selling there commercial vehicles only in future. Since 2001, number of Hyundai cars sold in Japan reached...
read moreNew car sales in Britain up by 58% in November
January 4, 2010 | 01:27pm CEToriginalIt is therefore the fifth consecutive increase in a row. The result has been influenced by scrap bonus program but also by the effort of customers to avoid January VAT rise...
read moreRenault to launch low-cost off-road model Dacia Duster on European market in spring
January 4, 2010 | 12:27pm CEToriginalThe car will be initially produced in Romania, but later its production will be also launched in...
read morePSA and Mitsubishi aim to deepen cooperation
December 30, 2009 | 11:26pm CEToriginalStrategic partnership similar to Renault-Nissan alliance is in the game, but also a capital linkage of both companies. PSA might take a stake in Mitsubishi amounting up to...
read moreCCS: Fuel prices in Czech Rep remained almost unchanged last week
December 30, 2009 | 09:40pm CEToriginalNatural 95 went up by an average of 5 hellers to CZK 28.14/L, diesel decreased the price by...
read moreSkoda Electric to supply Sofia with 30 trolleybuses for CZK 370 million
December 30, 2009 | 09:19pm CEToriginalAlthough trolleybus sale of the Pilsner-based company is going to fall this year, revenues will rise due to the production of traction engines. Specific vision of 2009...
read moreVolkswagen Service Quality Award 2009: Autocentrum Elan has best Volkswagen car service in Czech Rep
December 29, 2009 | 09:54pm CEToriginalIt is the only Czech Volkswagen dealer, who fought its way into 100 winners in Europe, Russia and Turkey...
read moreMichelin aiming to increase tire production in Brazil, Russia, India and China
December 29, 2009 | 07:43pm CEToriginalProduction capacities of passenger tires will be doubled in these countries, truck tires...
read moreVolkswagen plans to invest EUR 19.9 billion between 2010 and 2012
December 29, 2009 | 07:00pm CEToriginalSimultaneously, the carmaker bought a factory of the German company Karmann in Osnabruck, and plans to start production of a new model there in...
read moreCar production decline in Britain slowed to 6.7% in October
December 29, 2009 | 05:56pm CEToriginalIt is the modest decline since the beginning of this year. In the first ten months, the production fell by...
read moreIIHS: Ford, Volvo, Subaru and Volkswagen being safest cars
December 28, 2009 | 10:36pm CEToriginalSix cars belonging to the carmaker Ford got onto the list of safest cars. Carmakers Subaru and Volkswagen...
read moreSales of Volvo trucks fell by 41% in October
December 28, 2009 | 10:30pm CEToriginalThe company has registered the biggest decline in Europe, on the contrary, the lowest sales’ drop was in North America and Asian countries. However, sales increased compared with September...
read moreCCS: Fuel in Czech Rep cheapening before Christmas, more moderately in Slovakia
December 28, 2009 | 10:24pm CEToriginalNatural 95 and diesel at Czech filling stations became cheaper by more than 10 hellers, specifically...
read moreIndebted Russian carmaker AvtoVAZ looks for partners and investors for its subsidiaries
December 17, 2009 | 01:21pm CEToriginalAvtoVAZ has already separated six companies from its key activities. Production of steel, industry instruments but also automotive components is concerned…
read moreCar sales in Russia dropped by 46% in November
December 17, 2009 | 12:51pm CEToriginalThe decline in sales slightly slowed down from 52% in October though. During January to November, the sales dropped y/y by…
read moreDusan Blasko from Volkswagen’s Czech representation retires
December 17, 2009 | 12:09pm CEToriginalIn leadership of VW’s division of commercial vehicles, Blasko will be replaced by Patrik Fejtek, current manager of used car sales. From January 1, the post will be occupied by…
read moreAxa does not intend to increase insurance rates from January 2010, to expand assistance services
December 17, 2009 | 01:57am CEToriginalThe reason is that Axa sets the insurance rate within damage liability according to engine power, and customers choosing new downsized engines…
read moreCSOB Leasing already informed clients on changes referring to increase in VAT rates
December 16, 2009 | 03:35pm CEToriginalThe change of VAT rates applies to all taxable payments from January 1, 2010 except for temporary arrangements for financial leasing...
read moreRenault and Dacia in December: Christmas discounts, guarantee of final price after VAT change, free damage liability during financing
December 16, 2009 | 02:50pm CEToriginalThe cheapest Dacia car is available for CZK 119,900 (Logan) and the cheapest Renault can be bought for CZK 154,900 (Twingo). Other models…
read moreManagement of Hyundai’s Czech plant agreed with trade unions, state of strike emergency terminated
December 15, 2009 | 11:27pm CEToriginalBoth parties will be solving other matters within collective negotiations. Moreover, employees should take part in a working Saturday on December 19 so that the company meets its production plan…
read moreCar sales up by 26.6% in Europe in November, down by 2.8% over 11 months
December 15, 2009 | 10:55pm CEToriginalScrap bonuses helped the growth. There is a distinct difference in registrations among Western and Eastern Europe…
read moreChinese company BAIC wants to produce cars under its own brand, bought technologies for older models from Saab
December 15, 2009 | 10:16pm CEToriginalGM is still looking for an investor for Saab; dutch sports car producer Spyker is interested in it, among others…
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