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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
Crown syndicate to bid for carmaker Volvo Car this week
November 23, 2009 | 12:13pm CEToriginalFord has already been negotiation a sale of Swedish divions with the syndicate led by Chinese company Geely, which is offering Volvo...
read moremmotion09: Super sports cars Ferrari and Maserati also to arrive at show
November 23, 2009 | 11:23am CEToriginalSimultaneously with mmotion, art & interior exhibition and brand new MediArt fair of plastic and aesthetic surgery will be held. At mmotion09 Scuderia Praha will be showing cars...
read moreNo scrap bonus in Czech Rep probably, CSSD backing out of it, government not planning it
November 23, 2009 | 10:23am CEToriginalThe Automotive Industry Association opposes with necessary steps to speeding up renewal of car fleet with respect to ecology and traffic safety again…
read moreSkoda Auto suspended some new projects, some of them to fall behind
November 22, 2009 | 06:43pm CEToriginalThe priority is to produce cheap and low-cost models now. A cheap middle class sedan will arrive after a mini car from Bratislava whereas the Octavia third generation and MPV will fall behind…
read moreJaguar Land Rover to choose a new importer for Czech Rep by end of January 2010
November 22, 2009 | 05:38pm CEToriginalEven though A.M.T. Moravia with showrooms in Brno and Ostrava has been insolvent, the sale in the Kolbenova Street in Prague has been converted to a new company…
read moreDomansky terminated sales of Mitsubishi cars in Zdiby near Prague
November 22, 2009 | 04:45pm CEToriginalHowever, the company remains an authorized service partner of Mitsubishi. The reason of the end of cooperation is…
read moreNew car sales in Czech Rep exceeded import of used cars from abroad after five years again
November 22, 2009 | 03:10pm CEToriginalEven though car prices went down by 40% y/y, sales are still falling down. Small local showrooms are the worst off…
read moreIIR holds conference HR Managers’ Meeting 2009
November 22, 2009 | 01:25pm CEToriginalThe 12th year of the event has also a separate block of financial sector and production sphere. Representatives of insurance and automotive companies will also be speaking there...
read moreTire producer Michelin plans to expand in Russia
November 22, 2009 | 11:28am CEToriginalIf Russian market revives in a year, Michelin will initiate projects for increasing capacity markedly and for expansion of distribution network…
read moreGeneral Motors wants to keep all plants of carmaker Opel
November 22, 2009 | 10:41am CEToriginalHowever, reduction of production capacities will occur and up to 10,000 jobs will be cut. GM will introduce a restructuring plan for Opel in…
read moreSupervisory boards of Volkswagen and Porsche approved details of merging the carmakers
November 22, 2009 | 09:39am CEToriginalVolkswagen repeated that it would buy a 49.9% share in Porsche by the end of this year for…
read moreSantander leaves automobile financing in Central Europe, shifts interest to South America
November 20, 2009 | 02:27am CEToriginalAfter having terminated cooperation with AAA Auto and Mazda in the Czech Republic and Slovakia, its partnership with Nissan on Czech market is running out…
read moreA.Charouz: We do not intend to cut current jobs within the group centrally
November 20, 2009 | 01:47am CET, updatedoriginalThe company has thus contravened an information of Autofox saying the group intends to cut 15% of jobs during November, 2009 until February, 2010...
read moreHyundai: Scrap bonus CZK 30,000 to be last time extended in Czech Rep till end of year
November 20, 2009 | 01:22am CEToriginalAt present, the scrap premium applies to 400 stock cars i10, i20 and i30. The basic price of each car has thus reduced to...
read moreVolkswagen increased sales by 11.1% in October, Skoda Auto by as many as 33%
November 20, 2009 | 12:57am CEToriginalThe y/y decline in sales of Auto Skoda was only 1.7% over ten months of this year. The Czech carmaker has already surpassed the limit of 100,000 sold cars in China. Particular models…
read moreFleetCor intend to expand fleet management in Europe, buying Czech company CarNet
November 19, 2009 | 09:15pm CEToriginalThe existing fleet management and telematics Tracker in the Czech Republic, which has been bought by FleetCor in 2007...
read moreTwo showrooms Audi Terminal to be opened in Prague Q1 2010
November 19, 2009 | 05:36pm CEToriginalThe second and third Audi Terminal in the Czech Republic, bringing service zone pit-lane, aluminium bodywork repairs and a separate sale of used cars, will be opened by dealers...
read moreToyota Motor wants to have all its models with plug-in hybrid drive by 2020
November 19, 2009 | 04:32pm CEToriginalSome Toyota and Lexus models will be fully electric. Toyota Prius plug-in and Lexus IS plug-in will come into the market in…
read moreA. Charouz expands in Moravia, bought another dealer in Brno
November 19, 2009 | 03:22pm CEToriginalThe A. Charouz Group has been formed by dealerships in Bohemia for a long time only. After company CARent, another dealer joined the group this year…
read moreLexus plans on a slight growth in car sales in Czech Rep this year
November 19, 2009 | 02:39pm CEToriginalSales of Lexus in the Czech Republic have held a stable position of over 250 cars in recent years. Extending the number of selling points in Czech and Slovak markets…
read moreReilly: GM to cut up to 10,000 job in Europe and plans to reduce production capacity by up to 25%
November 19, 2009 | 01:30pm CEToriginalTherefore, one fifth of the total number of Opel’s employees would lose their jobs. The European Commission arranged a meeting on Monday…
read morePetr Kohout left Essox to develop activities of affiliated company in Vietnam
November 16, 2009 | 08:30pm CEToriginalSociete Generale plans for a large expansion in Vietnam. In the Czech Republic, Kohout will be replaced on the post of Essox financial and operations manager by…
read moreCCS: Driving fuels slightly cheaper in Czech Rep after three weeks of prices going up
November 16, 2009 | 07:30pm CEToriginalPetrol Natural 95 became cheaper by 8 hellers on average to CZK 28.41/L last week and also diesel by 8 hellers to…
read moreAAA Auto: Over 62% of used cars bought on weekends this year, 47% of sales fall on weekends last year
November 16, 2009 | 06:30pm CEToriginalAccording to AAA Auto, people also visit used car shops in the evenings on weekdays more. However, clients choose the cars on the web during the working time…
read moreCar sales in Europe up by 11.2% in October, down by 5% over ten months
November 16, 2009 | 05:29pm CEToriginalOctober sales in Western Europe went up by 15.8% but went down by 36.9% in Eastern Europe. The exception was the Czech Republic…
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