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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
CSOB Pojistovna made several personnel changes in management in Czech Rep
June 30, 2016 | 11:52pm CEToriginalThese relate to three posts. Affected managers and their careers, growth plan of the insurer by 2018...
read moreSDA: 117 HEVs and 14 EVs registered in Czech Rep in May
June 30, 2016 | 11:47pm CEToriginalThe register also newly includes 351 CNG and 33 LPG vehicles. Leaders of alternative drives, results in the first five months...
read moreSport-Press changed owner
June 30, 2016 | 12:21am CEToriginalIt is an agency that organizes failing competition Car of the Year in the Czech Republic. The new owner with extensive activities not only in the automotive industry…
read moreHallmark (Jaguar Land Rover): Brexit not to affect plans for Slovak factory
June 30, 2016 | 12:01am CEToriginalAccording to unofficial information, the automaker suspended this investment in continental Europe ahead of the referendum on the EU...
read moreLouda Auto to close one branch in Czech Rep
June 29, 2016 | 11:48pm CEToriginalLocation, brands concerned, timing, reasons...
read moreSales of Volkswagen Group increased by 1.6% in May
June 29, 2016 | 11:39pm CEToriginalThe second increase in a row, continued growth in Russia, the results in the first five months, demand in individual markets, the growth of most brands...
read moreJonnaert (ACEA): Brexit not to affect UK car sales in short term
June 29, 2016 | 11:26pm CEToriginalNeither the British association of automakers intends to change the sales outlook for 2016. Weekend sales of dealers...
read more8 Reasons: BMW launched campaign to promote authorized service centres in Czech Rep
June 28, 2016 | 11:57pm CEToriginalArguments, the current BMW Service network, the campaign in the media, independent garages…
read moreIHS Automotive: Car sales in UK to fall by 8% in 2017
June 28, 2016 | 11:49pm CEToriginalDetails of the prediction, analyst's comment, the Brexit impact on automakers by Evercore ISI, carmakers producing in Great Britain...
read moreDieselgate: Volkswagen agreed with authorities and car owners in US to deal with emission scandal
June 28, 2016 | 11:36pm CEToriginalThe agreement on 2.0 TDI engines must still be approved by a court. The solution for 3.0 TDI cars is being worked out by lawyers. Details…
read moreLMC Automotive: Car sales in UK to fall by 15% by 2018
June 27, 2016 | 11:57pm CEToriginalRevision of the forecast, the consequences of the Brexit referendum, the biggest impact on production in Germany, Spain, United Kingdom, France, Czech Republic and Poland...
read moreNissan appointed fleet manager for Slovakia
June 27, 2016 | 11:47pm CEToriginalHowever, Veronika Svobova is still in charge of the Czech and Slovak markets. An executive with extensive experience in car financing will take care of Slovak corporate customers...
read moreArval started to provide operating lease for used vehicles in Czech Rep
June 27, 2016 | 11:30pm CEToriginalNow, the offer is limited. The cars and vans concerned, examples of payments, a new web site on newish vehicles, used car shops, advertising campaign, details...
read moreUniCredit Leasing recorded several personnel changes in Czech Rep and Slovakia
June 27, 2016 | 12:11am CEToriginalThe division concerned, managers and their careers, positions, promotion of one manager, timing...
read moreDieselgate: South Korea issued arrest warrant for Volkswagen manager
June 26, 2016 | 11:56pm CEToriginalIt is the first such a warrant issuance since the outbreak of the emission scandal. The manager and his position, five-point accusation, earlier criminal complaint against two managers...
read moreCzech Rep to record charging stations for EVs
June 26, 2016 | 11:47pm CEToriginalIt is thus responding to the EU directive. The institution concerned, amendment to the Act on Fuels, classification of charging stations, changes for the classic petrol stations...
read moreBrexit: Jaguar Land Rover expects profit decline, Ford suggested layoffs
June 26, 2016 | 11:30pm CEToriginalVDA highlighted the danger of moving production of cars and parts from the United Kingdom. However, the outcome of the referendum is not binding for the British government...
read moreDieselgate: Volkswagen allegedly to pay EUR 9 billion in US for settling emissions scandal
June 23, 2016 | 10:10pm CEToriginalCompensation for car owners, fines from the government, repurchase of vehicles by the carmaker, green programs and funds, the deadline for a final agreement, the ongoing discussions regarding technical adjustments...
read moreBMW Fit Service: BMW introduced service program for cars older than 7 years in Czech Rep
June 23, 2016 | 09:39pm CEToriginalThe affected models, service packs, examples, prices, Value Line spare parts, the involvement of dealers, Klasik Servis from Renocar...
read moreCzech Rep withdrew from environmental tax for Euro 3 vehicles
June 23, 2016 | 09:10pm CEToriginalThe Ministry of the Environment also backed away from fee increases for the transfer of used Euro 2 vehicles and older. Declared reasons...
read moreAnalysts: Brexit would cause problems to German automakers
June 22, 2016 | 11:54pm CEToriginalRisks as weakening of the pound, more expensive goods imported into the UK, the decline in sales, a drop of margins and profits...
read moreArval Mid Term Rental: Arval expands its car rental fleet in Czech Rep
June 22, 2016 | 11:42pm CEToriginalReasons for the service creation, utilization, brands and models for medium-term lease, limiting the cooperation with car rental companies...
read moreItalian court accepted collective action against Volkswagen due to consumption
June 22, 2016 | 11:20pm CEToriginalIt is a lawsuit filed a year before the automaker admitted discrepancies in data on CO2 emissions. The affected models, the compensation sought, similar action against the FCA...
read moreStrategy 2025: Skoda Auto to invest billions of crowns in digitization
June 21, 2016 | 11:55pm CEToriginalThis applies to both company and their products and services. Virtual reality, 3D technology, Industry 4.0, BEVs, dashboard personalization, voice and gesture control, HR...
read moreMitsubishi Motors to indemnify customers for consumption scandal
June 21, 2016 | 11:32pm CEToriginalAffected models and countries, overestimation of data up to 16%, two amounts of compensations, costs for the carmaker, restoring sales...
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