About AAA AUTO Group

Corporate presentation

What might interest you:

The range of AAA Auto Group activities

The AAA Group has been in the market for 20 years. From its headquarters in the Czech Republic, it has expanded into other countries in the region.

  • Territory: Czech Republic, Slovakia, Russia
  • Biggest sales volume/turnover: 79,871 vehicles / 470.1 million Euros (2007) 
  • Amount of cars in stock: approximately 8,000 daily

According to a study by Ernst & Young the AAA AUTO Group is one of the top ten largest car distributors in Europe.

Stock market

In 2007, the Group was listed on the stock markets in Prague and Budapest through its controlling company AAA Auto Group N.V. (headquartered in the Netherlands).

Thus, it turned from a private company into a publicly traded, fully transparent company. After a huge expansion in 2007 and following world financial crisis, the company in the years 2009, 2010 and 2011 the company restored profitability. Further details in the section for investors.

The four keys to our success

The company has sold over 1 200 000 used cars in its history. What customers find most valuable about our company?

  • exclusive range of vehicles – 8,000 cars daily overall
  • premium services – at repurchase, at sale
  • reliable guarantees (lifelong guarantee of legal origin, guarantee of the vehicle, exchange within 7 hours of purchase) 
  • professional and friendly approach who adhere to our code of ethics

Brief history of our company

2012

Anthony James Denny stated his intent to sell, after twenty years, his majority share in the company

Karolína Topolová became the new CEO of AAA AUTO

We started our cooperation with Zbyňek Meruňka

Slovenské Hospodárské Noviny published an interview with Karolína Topolová

AAA AUTO gave a car away through the Splněné Sny TV show 

Dan Harant, sales manager, made an appearance in the TV show Ekonomika ČT24

We opened branches in Jihlava and Nové Zámky

CEO Tony Denny gave an interview in Lidové Noviny

We held a press conference to release our record-breaking economic results for 2011

We opened a new branch in Liberec

We redesigned the AAA AUTO website


 
2011

We implemented new origin certificates of vehicles, including Carlife Protection odometer verification

Cashback 20,000 product launches and is a huge success

CEO Karolína Topolová appears on TV Nova (Snídaně s Novou)

Beginning of cooperation with the Vize 97 fund, Tony Denny hands over a car to ex-president Václav Havel

Demand for used diesel cars grows by one third

AAA AUTO begins its cooperation with the Vietnamese community in the Czech Republic

 

Company registers record year-on-year sales growth

We released economic results for 2010 at a press conference

Beginning of cooperation with the Autohit magazine

More celebrities joined the ranks of customers - Eva Holubová a Petr Svoboda

AAA AUTO participated in a collection of first aid boxes for Africa

AAA AUTO gave a financial donation to the Our Child Foundation

We launched a new branch in Russia

AAA AUTO continued its partnership with HC Sparta Praha and newly initiates cooperation with HC Kometa Brno

AAA AUTO becomes a partner of the project of Tomáš Slavata (Sport for Children from Children's Homes)

Beginning of cooperation with 4x4 Automagazine

Launch of the Mobility for Physically Handicapped project

We opened a new branch in Opava

Jaro Slávik became the new Media Face of the company


 
2010

In January, AAA AUTO grew sales of diesel cars from 25% to 31%

Jiří Trnka becomes the new financial manager of AAA AUTO

500,000th car sold

Beginning of cooperation with Kia motors

New employee benefit: Legal counseling

AAA AUTO has become the largest retailer of used Škoda cars in Europe

Internal charity collection took place: titled "For new wheels" with a goal of buying a wheelchair

AAA AUTO supported efforts to provide a legislative solution to the problem of odometer tampering

Beginning of cooperation with TN.CZ

AAA AUTO reports growth of sales and income

AAA AUTO is on Facebook

3Q 2010 brought significant growth in sales

Contest announced: grand prize is a Škoda Fabia

Roman Šebrle became the company's Media Face


 
2009

In 2008, AAA AUTO Group sold a total of 60,557 used cars, down 24% from the previous year. The decline was due to weakening markets and the company's decision to close 22% of its branches during 2008.

AAA AUTO launched a new service: sale of vehicles at the customer's home.

AAA AUTO reported the founding of a joint venture with SIXT New Koppel in Romania.

AAA AUTO decided to leave the Hungarian market due to the deteriorating economic situation there.

AAA AUTO implemented a scrappage program in the Czech and Slovak Republics.

AAA AUTO returned to profitability in key Czech and Slovak markets in Q1 2009.

Jubilee General Meeting approved the right of board members to repurchase shares.

Long-standing financial manager David Thorley left AAA AUTO.

AAA AUTO extended the period during which customers can exchange their purchased vehicle for another one: from 3 to 7 days

AAA AUTO extended, to 12 months, its unique Carlife insurance against mechanical defects on used cars.

The company met its goal for the first half-year and ended up with a net profit for the whole group.
David Keller became the new sales manager of AAA AUTO.

AAA AUTO reported its 200,000th car sale in the Prague region since it entered the market in 1992.

AAA AUTO was again profitable in Q3 and had a net consolidated profit.
The www.aaaauto.cz website took first place among automotive websites in the WEB TOP 100 competition.

AAA AUTO won an independent consumer test of used car sellers conducted by Mladá Fronta DNES.

AAA AUTO presented a new fleet optimization program for small and mid-sized companies.

AAA AUTO reduced the number of its branches to a total of 25 (15 in the Czech Republic, 10 in Slovakia)
 


 
2008

In February, AAA Auto Group N.V. announced that the company’s key financial indicators declined in 2007 due to a combination of significant growth in the cost of expansion on the one hand and a market-wide slump in used car sales in the fourth quarter, on the other. The company announced a major program of cost reductions in order to restore profitability.

New branch in Prievidza (Slovakia)

AAA AUTO Group extended, to three days, the deadline for exchanging a purchased vehicle for a different one

AAA AUTO provided 160,000th customer with Carlife insurance

Mobile buying launched in all countries with AAA AUTO car centers.

The Board decided in April to sell off the subsidiaries General Automobil and HK Partner dealing with the sale of new cars.

Share capital of AAA AUTO a.s. and its subsidiary AAA Auto Group N.V. doubled.

The group became one of the top ten car distributors in Europe.

Luxurious AAA AUTO showroom opened in Pilsen.

A new business venture, AAA PREMIUM AUTO, started offering like-new vehicles with premium services.

AAA AUTO climbed 28 spots in the prestigious chart of CZECH TOP 100 companies.

The Board decided to close down the Polish division of AAA AUTO, due to the import of low-quality second hand cars from EU into to the market.

David Thorley took over the post of Chief Financial Officer (CFO) of the AAA AUTO group.

In September, AAA AUTO relaunched its improved, reorganized website as a key telemarketing instrument accounting for over half of the group’s used car sales.

In September AAA AUTO opened a new car center in Hradec Kralove.

On October 10th, the AAA AUTO Call Center celebrated its 10th Anniversary and 350,000 vehicles sold since it was established.

In early November, AAA AUTO Group decided to sell off some of its existing assets in Hungary. Hungary is experiencing a significant downturn due to the financial markets crisis. Early in December, two branches there (in Pécs and Szeged) were closed.

In November, AAA AUTO sold its 450,000th car in its 16-year history.

In December AAA AUTO started buying worthless old cars, falling within the obligation to pay emission charges and provides a bonus of CZK 5,000 when buying a used car with a trade-in. Older cars will be ecologically recycled in cooperation with specialized companies.

In December the Board approved a change in the company’s tax domicile.

On January 1, 2009, AAA Auto Group N.V. was moved from the Netherlands to the Czech Republic.

Prices of used cars fell in the Czech Republic during 2008 by an average of 10 to 25 percent due to lower prices of new cars and the economic downturn. Similar declines in prices was seen in other countries of Central Europe.

In the first half of the year AAA AUTO Group sold over 35,400 vehicles.

The AAA AUTO group signed a contract with a consulting firm due to its entry into the Russian market.

 
2007
Awarded with a prestigious award SUPERBRANDS.
Auto Diskont became the AAA AUTO´s subsidiary.
Record repurchase in one week – 2,012 vehicles.
Expansion of the group means the opening of 20 new branches, which at the end of the year will make 45 autocentres in total.
New branch in Chomutov.
New branch in Lodz (Poland).
New branch in Pecs (Hungary).
New branch in Tábor.
New branch in Nitra (Slovakia).
New branch in Brašov (Romania).
New branch in Budaors (Hungary).
New branch in Hradec Králové.
New branch in Kolín.
New branch in Most.
New branch in Trenčín (Slovakia).
New branch in Lučenec (Slovakia).
New branch in Szeged (Hungary).
New branch in Katovitze – Dabrowa Gornica (Poland).
New branch in Prague 6 – Řepy.
New branch in Kladno.
New branch in Poprad (Slovakia).
New branch in Miskolec and Debrecén and Székesféhérvár (Hungary).
September 2007 – the corporate parent, Netherlands-based AAA Auto Group N.V., is listed on the stock markets in Prague and Budapest.
On November 1st, renowned automotive manager Vratislav Kulhánek becomes the Non-Executive Chairman of the Management Board
Car sales reached 80,000.
The AAA AUTO group took over 3 million customer telephone calls.

 
2006
Record sales in one weekend – 378 vehicles.
New showroom equipment in Košice.
AAA AUTO launches six revolutionary services in the market.
Hungarian market entry – new branch in Budapest.
New branches in Banská Bystrica and Prešov.
Polish market entry – new branch in Warsaw.
300,000th vehicle sold.
Number of employees reached 2,900.
 
2005
New branch in Bratislava.
Started the sale of brand new Škoda cars.
New branch in Zlín.
Record number of sales in one day – 247 vehicles.
Romanian market entry – new branch in Bucharest.
New branch in Žilina.
Number of employees reached 2,100.
 
2004
Change of the company’s business name to AAA AUTO, a.s.
New branch in Pardubice.
AAA AUTO placed 381st in the TOP 1,000 Companies in Central Europe ranking.
Brno branch moved to the Opel Asko dealership (700 cars).
Slovakian market entry – new branch in Košice.
 
2003
AAA AUTO group established with its coordinating and controlling corporation AAA Auto Group N.V. based in the Netherlands.
For the first time ever, sales pass the 1,000 milestone – 1,042 units.
Record number of cars sold in one day – 208.
Business results in the first half of the year showed year-on-year growth by 19 %.
AAA AUTO placed 68th in the CZECH TOP 100.
 
2002
Website www.aaaauto.cz becomes the most visited car website in the Czech Republic.
New branch in Jihlava.
New branch in Ústí nad Labem.
2001
New branch in Zlín.
New branch in Karlovy Vary.
2000
New AAA AUTO Morava sales area, based in Brno.
New branch in Olomouc.
1999
New branch in Pilsen.
New office building acquired to house the business and leasing department, sales area in Prague expanded to 36,000 m2.
New branches in Teplice and Liberec.
New high capacity workshop and garage service.
 
1998
New branch in Ostrava.
New autocenter in Prague with 10,000 m2 of sales area.
Call center opens in Prague.
New branch in Brno.
New branch in České Budějovice.
New branch in Hradec Králové.
 
1995
In-house car repair service opens in Prague.
Business name changed to AAA AUTO Praha, s. r. o.
 
1994
Car center in Prague 8 opens.
1992
A new company, Auto USA, established to sell second hand vehicles.

 


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