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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
Ministry of Transport closed one STK and 25 emission measuring stations this year
November 16, 2009 | 04:21pm CEToriginalThe Ministry of Transport deprived company STK Jarov, which carried out technical inspections in Auto Jarov zone in Prague, of a license. STK is now run by company…
read moreKia Motors showed a record quarter profit of KRW 402 billion in Q3
November 16, 2009 | 03:09pm CEToriginalThe carmaker thus surpassed analysts’ estimations by a third; returned to a profit y/y and increased its profit q/q by…
read moreZVEI holds conference Competence in Automotive Electronics 2009 in Munich on December 8
November 16, 2009 | 02:06pm CEToriginalIt is the sixth year of the event focused on suppliers of electronic and electrical automotive parts. At the conference the following will be speaking…
read moreVolvo AB posted a loss of SEK 3.3 billion in Q3
November 16, 2009 | 01:22pm CEToriginalThe loss is lower though than SEK 4 billion expected by analysts. However, in Q3 2008 the world’s second largest truck producer showed a profit…
read moremmotion09: Mainly exclusive car brands from Europe to be introduced this year, veterans for the first time
November 16, 2009 | 12:29pm CEToriginalAuto-Exner is coming back to mmotion after a year—with its new brand Aston Martin among others. Auto Palace will introduce Infiniti cars there…
read moreVolkswagen Touran: Special offer shifted basic price to CZK 489,900
November 16, 2009 | 11:26am CEToriginalThe special offers bring customers savings of up to CZK 54,700; special packets save further CZK 50,100 even. The action packets include…
read moreHyundai tripled net profit to record KRW 979 billion in Q3
November 16, 2009 | 10:19am CEToriginalAnalysts expected the profit to be lower by one third though. The reason of the better result is higher sales mainly, but Hyundai did not have to solve frequent strikes during Q3…
read moreBugatti agreed on official representation in Czech Rep with Czech partner
November 12, 2009 | 11:21pm CEToriginalThe Czech representation will be the 16th in Europe but the first in Central and Eastern Europe (CEE). In 2010 a showroom in Prague will be opened by…
read moreProducer of plug-in hybrids Fisker appointed a third distributor for Europe including Czech Rep
November 12, 2009 | 11:01pm CEToriginalThe distributor will be in charge of wholesale and retail activities in six countries of Western and Central Europe including the Czech Republic. The company is…
read moreBrand financing of Mazda cars in Czech Rep and Slovakia newly provided by Credium
November 12, 2009 | 10:41pm CEToriginalCredium will finance dealer’s stock cars as well as buying cars by customers under brand Mazda Finance. Credium has thus replaced company…
read moreNew Skoda car will be sedan bigger than Fabia sedan and smaller than Octavia Tour
November 12, 2009 | 09:13pm CEToriginalIt will be a lower middle class car and will replace the Octavia first generation. It will reach the market during two or three years and its price will be around…
read moreA.M.T. Group lost representation of Jaguar and Land Rover brands in Czech Rep
November 12, 2009 | 08:44pm CEToriginalThe importer license is now free, and the carmaker is negotiating it with several prospective partners. Some dealers and showroom of PMG Finance group are for sale…
read moreCarmakers on Czech market giving different car sales margins to dealers
November 12, 2009 | 07:52pm CEToriginalThis is also concerning the Skoda brand, for instance. The amount of margin is dependent on the annual sales volume of a certain dealer, but also on...
read moreSkoFin offers financing of ecological showrooms of Volkswagen Group’s dealers in Czech Rep
November 12, 2009 | 07:16pm CEToriginalThe company finances solar panels for roofs of showroom, photovoltaic parks and will be financing even electric cars in the future. First projects have already started…
read moreUOHS has guessed several producers of cars and spare parts who limit competition among dealers and service shops
November 12, 2009 | 06:26pm CEToriginalIf UOHS proves their offension against the law, they will have to change supply contract. Most dealers currently offer more than one brand…
read moreGeneral Motors to pay off a credit worth EUR 1.5 billion for Opel by end of November
November 12, 2009 | 05:31pm CEToriginalGerman chancellor Angela Merkel called GM for submitting a convincing plan for recovery of Opel quickly. GM has already paid from the bridging loan…
read moreRenault interested in increasing its share in carmaker AvtoVAZ, Russia could allow this
November 12, 2009 | 04:10pm CEToriginalThe government wants to find a strategic partner for AvtoVAZ. That one should be Renault probably who is interested in a control share even…
read moreVolkswagen calls 57,000 concern cars with DSG transmissions to service shops
November 12, 2009 | 01:58pm CEToriginalIt is a preventive inspection because the transmission does not have to be defective in all of the invoked cars. The cars concerned are those of Volkswagen, Audi, Seat and Skoda as well…
read moreQatar wants to sell up to 25 million Volkswagen’s preferred stock
November 12, 2009 | 11:26am CEToriginalState investment company Qatar Holding wants to support liquidity of the stock this way but plans to obtain a share in Volkswagen…
read moreOpel/Vauxhall division to be led by Nick Reilly temporarily, GM still seeks head for Europe
November 12, 2009 | 10:02am CEToriginalCarl-Peter Forster received an offer from Indian carmaker Tata Motors to become a member of management of Jaguar Land Rover division and to introduce Tata Nano into Europe in…
read moreDaimler intend to cancel 1,000 jobs in Mercedes-Benz Cars division
November 11, 2009 | 04:40pm CEToriginalThe carmaker is going to offer a voluntary departure from the company to the German employees. The offer will be made prior to employees aged over...
read moreNew car sales in Slovakia fell sharply by more than third in October
November 11, 2009 | 03:15pm CEToriginalIn ten months, sales decreased by 2.8%. Market share of the most popular brand Skoda has fallen this year by...
read moreGeneral Motors separated sales activities of Opel and Chevrolet in Europe
November 10, 2009 | 11:58pm CEToriginalTwo succession regional representatives Opel SEE and Chevrolet CEE are still settled in Budapest but a range of personnel changes have occurred…
read moreT-Motor Zlin sold 227 new Toyota cars in 2008, plans for further growth in 2009
November 10, 2009 | 11:49pm CEToriginalCompany Zliner continues in the activities of an independent dealer of Toyota, Lexus and Daihatsu. As an authorized service partner, the company offers Expres service…
read moreTatra wants to fight with crisis by selling subsidiaries and buying components from suppliers
November 10, 2009 | 11:05pm CEToriginalThe carmaker intends to focus on construction of special vehicles and development of underbody groups. The company would invest the money from selling the subsidiaries in…
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