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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
General Motors to restore production in Venezuela after three months
September 7, 2009 | 02:51pm CEToriginalThe government of President Hugo Chavez has agreed that it would sell US dollars to the carmaker in order to have money for foreign suppliers of components...
read moreRenault began offering secondary manufactured spare parts called Motrio for older cars
September 7, 2009 | 12:59pm CEToriginalWhile maintaining the Renault quality standards, the owner of an older car may significant save the service expenses. Renault also offers remanufactured parts...
read moreDaimler and Porsche plan working hours’ reduction this year
September 7, 2009 | 11:22am CEToriginalDaimler plans to proceed to shorter working hours in Q4 again. By the end of the year, Porsche plans to suspend production in its factory in...
read moreCredium increased its market share in all vehicle categories’ financing in H1
September 7, 2009 | 10:14am CEToriginalThe branded financing Fiat Group has helped to that situation. Credium is preparing further cooperation with carmakers on the Czech market...
read moreAutobond expands to further city in Czech Rep
September 6, 2009 | 11:42pm CEToriginalAfter a long-term operation in Prague and Ostrava and last year’s opening of Opel, Chevrolet and Kia showrooms in Karlovy Vary, it will offer one of its existing brands in...
read moreGeneral Motors possibly not to sell German carmaker Opel
September 6, 2009 | 10:25pm CEToriginalGM is therefore intending to prevent the Opel technology falling into the Russian hands. The head of GM Europe did not exclude it, according to him it is also possible that the winner will be...
read moreNorwegian company Hydro Aluminum not to produce car bumpers in Domazlice
September 6, 2009 | 09:35pm CEToriginalThe reason is a bankruptcy of developer of the building, Immo Industry. Hydro is now looking for a new production area in the Czech Republic. It might be clear by the end...
read moreSmith Electric to offer electric vehicles Avia also in Central Europe including Czech Rep
September 6, 2009 | 08:59pm CEToriginalThe light trucks Smith Newton with a range of up to 400 km are intended primarily for city delivery service. Avia is also involved in the development of electric buses...
read moreSeveral carmakers willing to have Bob Dylan’s voice in navigations of their cars
September 5, 2009 | 02:50pm CEToriginalHe would therefore follow the British actor John Cleese, American actress Kim Cattrall, the cartoon character Homer Simpson, but also the Czech actor...
read moreRich people prefer to enter luxury car club instead of purchasing exclusive car these days
September 5, 2009 | 01:56pm CEToriginalThey thus save up for buying new cars, their alternation, service and other functional things. The Australian club Supercar…
read moreIpsos/Direct: Rate of driving fuel consumption among most important factors when purchasing new car
September 5, 2009 | 01:15pm CEToriginalEconomic situation forces Czechs to drive more economically, to which the style of driving contributes as well. To forego wasted expenses for operation and services, they try to...
read moreCar sales in USA rose in August, first time since October 2007
September 5, 2009 | 12:22pm CEToriginalAsian carmakers and Ford profited from the growth the most due to their efficient models. In September and the following months, analysts and carmakers expect...
read moreQatar already acquired shares in Porsche SE and Volkswagen
September 4, 2009 | 06:15pm CEToriginalRights for a purchase of 6.96% of the Volkswagen shares are owned by one of Qatar's financial advisors in this transaction, Swiss company...
read moreHyundai's Nosovice-based plant shut down employment office in Ostrava along with initiating second shift
September 4, 2009 | 05:52pm CEToriginalThe office could be restored before recruitment of workers for a third shift in 2011 which should begin with 3,400 employees. Currently, the carmaker employs…
read morePassenger car sales in France and Spain boosted up by scrap bonuses in August
September 4, 2009 | 05:20pm CEToriginalCar sales went up by 7% y/y in France in August; after previous 16-month drops in a row the sales in Spain…
read moreDirect Pojistovna wants to increase number of clients more than fivefold in Czech Rep by 2013
September 4, 2009 | 01:12pm CEToriginalThe insurance company wants to achieve it by natural growth and extension of offer of other products. The expansion will proceed in non-life insurance exclusively though…
read moreGeneral Motors seeks help for Opel also from governments of Spain, Britain and Poland
September 4, 2009 | 11:28am CEToriginalSo far, the German government has been the only one to offer a loan to the new owner. Comprehensive support from these three states should reach the volume...
read moreCar sales in Japan returned to growth after 13 months in August
September 4, 2009 | 10:47am CEToriginalThe growth in August reached 2.3%; total of 198,265 cars were sold. Whereas Toyota and Honda increased sales in August, Nissan’s sales went down by…
read morePassenger car registrations in Czech Rep still slightly growing, other categories noting marked fall
September 4, 2009 | 09:44am CEToriginalSales of new passenger cars went up by 16.3% in August; sales of light commercial vehicles dropped by 76.6%. In total, considering vehicles up to 3.5 t…
read moreGeneral Motors further expands in China, now in production of commercial vehicles
September 3, 2009 | 08:00pm CEToriginalGM will set up a joint venture with a local carmaker FAW, which is going to integrate two existing FAW plants and one newly built. Moreover, GM is interested in a share in other joint venture...
read moreHonda to develop electric car, introducing it on US market first
September 3, 2009 | 06:23pm CEToriginalIt will be a small car, whose prototype might be introduced during this year. However, Honda plans to introduce it o the market in...
read moreEmployees of Volkswagen Group want minority share in company
September 3, 2009 | 05:26pm CEToriginalTrade unions of the carmakers Volkswagen and Porsche, which will become parts of one group according to an agreement concluded in August, would put up with a share…
read moreCzech company Ydun developed lead-free starter battery first off in the world
September 3, 2009 | 04:10pm CEToriginalThe battery meets all requirements of the EU directive from 2006 to which they have had an exception so far. The company wants to offer the product worldwide, and will launch it into market…
read moreProduction of model Hyundai i20 for European market to take place in Turkey as of May 2010
September 3, 2009 | 03:01pm CEToriginalEarlier, the Czech Republic or Slovakia were being considered as well. However, only some versions will be manufactured in the Izmit-based plant; the carmaker will invest there…
read moreCeska pojistovna initiated campaign for acquiring lost damage liability clients
September 3, 2009 | 02:09pm CEToriginalThe insurance company will address 15,000 former customers, who changed the insurance company, within the pilot project. The campaign for automotive insurance will be introduced by other insurance companies in autumn as well…
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