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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
Honda Motor improved estimation of profit and sales in this year, 2010 is unsure
November 30, 2009 | 03:20pm CEToriginalHonda’s operating profit went down by 56% in Q3 but exceeded analysts’ expectations. Honda and other Japanese carmakers will face competitors from…
read moreSkoda Auto to prolong December shut-down of Fabia and Roomster models production by one day
November 30, 2009 | 02:57pm CEToriginalThe carmaker will thus stop producing the models before Christmas—as early as December 18. Production of other models will end...
read moreInsurance companies in Czech Rep increased specified insurance premium by 2% in Q1-3
November 30, 2009 | 02:23pm CEToriginalRegarding non-life insurance, the growth was 0.7%. The growth in the number of valid contracts within the non-life insurance reached 2.7% and was caused…
read moreCar sales in US start showing signs of stabilization
November 30, 2009 | 01:44pm CEToriginalThe sales stagnated y/y in October, went up by 12% m/m. A marked growth was registered by Hyundai, Subaru and Porsche while a strong decline by Chrysler…
read moreAAA Auto got to profit along with downturn of revenues by 46.3% in Q1-3
November 27, 2009 | 03:55pm CEToriginalCar sales went down by 41.6% to 29,226 cars in Q1-3 due to shutting down foreign branches and the economic recession. The number of cars sold in Q3 declined by 36.2% to…
read moreHead of GM Europe: Future of Opel’s plant in Belgium uncertain
November 27, 2009 | 02:01pm CEToriginalIn the plant in Antwerp Opel produces model Astra. Within Opel’s restructuring, about 9,000 employees should leave; out of that in Germany…
read moremmotion09 began in Prague on Thursday, organizers expect over 20,000 visitors
November 27, 2009 | 12:28pm CEToriginalFor the first time in the Czech Republic Infinity, Bentley Continental Supersports and Ferrari California cars can be seen there but there will also be oldtimers and helicopters. The next year…
read moreToyota Motor to repair 4 million cars due to accelerator pedal in USA under pressure of authorities
November 27, 2009 | 01:48am CEToriginalThe event considers the best selling models Toyota Camry and Prius, as well as Toyota Avalon and Lexus ES350. For models produced since 2010...
read moreDaimler wants to increase its share in Kamaz to 25% from current 10%
November 26, 2009 | 05:34pm CEToriginalTroika Dialog holds a 44% share in Kamaz and is willing to sell a part. Both companies are now negotiating the price which could reach…
read moreElectric car producer Tesla Motors reportedly considers entering stock exchange
November 26, 2009 | 03:35pm CEToriginalThe carmaker would thus follow producer of lithium-ion cells A123 Systems. The interest in IPO begins waking up slowly…
read moreTata Motors increased net profit by 110% in Q3 along with growth of revenues by 13%
November 26, 2009 | 02:41pm CEToriginalThe data do not include its problematic division Jaguar Land Rover. The volume of sales went up by 17% in Q3. Regarding small car Nano, the carmaker have already delivered...
read moreBAIC could be interested in some Saab's assets
November 26, 2009 | 04:10am CEToriginalThe Chinese company, which was supposed to participate in taking over Saab by carmaker Koenigsegg, wants to strengthen its activities in…
read moreGeneral Motors reputed to cut 8,700 jobs in Opel only
November 26, 2009 | 12:56am CEToriginalThe head of GM Europe has talked of cutting 9,000 to 9,500 jobs so far. Opel has around 85 suppliers in the Czech Republic…
read moreScania’s operating profit down by 81.6% in Q3, less than expected by analysts though
November 25, 2009 | 06:32pm CEToriginalOrders for new cars were going up due to Western European market stabilizing and have exceeded the level of deliveries. In particular…
read morePorsche initiated advantageous service program for owners of more than seven-year old car in Czech Rep
November 25, 2009 | 06:19pm CEToriginalThose can avail of a care of brand Porsche Centers in Prague and Brno and they will also receive a 20% discount for spare parts and a lower hourly rate…
read moreAAA Auto prepared program of car fleet optimization for small and mid-sized companies
November 25, 2009 | 05:17pm CEToriginalIt offers them to buy out a car from leasing or credit, car fleet reduction and replacing cars with smaller ones. AAA Auto wants to increase sales to entrepreneurs…
read moreGerman called upon other countries not to help Opel
November 25, 2009 | 04:42pm CEToriginalThe German government did not consider helping the carmaker by itself originally. The separate states are reportedly offering Opel a help amounting to…
read moreBenteler to purchase automotive division from Norwegian group Hydro
November 24, 2009 | 11:46pm CEToriginalHydro Automotive Structures will join Benteler Automobiltechnik division. The transaction includes Hydro’s activities in the Czech Republic as well…
read moreGeneral Motors did not manage another sale, Koenigsegg lost interest in Saab
November 24, 2009 | 10:09pm CEToriginalGM will be discussing the fate of the Swedish division in a week. GM is reportedly not negotiating with other clients either. The carmaker Saab is threatened by a loss…
read moreErnst & Young: Return of sales to level before crisis does not have to mean improvement
November 24, 2009 | 08:49pm CEToriginalConsumers currently tend to buy smaller and cheaper models for which there are smaller margins during production and sale as well…
read moreCustoms administration in Hradec Kralove found fake spare parts for Skoda cars
November 24, 2009 | 07:07pm CEToriginalThe institution will be investigating origin of the forged bonnets, front masks and headlights. By monitoring the customs officers for forged goods found…
read moreCCS: Prices of driving fuels stagnated in Czech Rep and Slovakia last week
November 23, 2009 | 10:28pm CEToriginalPetrol Natural 95 became slightly cheaper; the price of diesel went up slightly. In the following days due to weakening of Czech koruna…
read moreCurrent prospective buyers of Nissan GT-R in Czech Rep to wait for it several months only
November 23, 2009 | 03:51pm CEToriginalExclusive distributor for Czech market Auto Palace Vysocany can now satisfy several customers with deliver time in Q1 2010, particularly...
read moreVolkswagen separated Internet presentation of cars from LCVs in Czech Rep
November 23, 2009 | 02:40pm CEToriginalThe aim is to make Volkswagen Commercial Vehicles more visible and at the same time to target advertising campaigns better. There are three new sections on both websites...
read moreFord wants to invest USD 2.26 billion in increasing production capacities in Brazil
November 23, 2009 | 01:52pm CEToriginalCar sales in Brazil should go up to a record volume this year. Local association of car dealers expects the sales to grow in 2010 as well by...
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