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Aures Holdings sold 8,363 used vehicles in January (+5.2%) at AAA Auto, Mototechna, Auto Diskont car centers. BEV sales reached record 112 units (Top 3: Tesla Model 3, BMW i3, Volkswagen e-Golf). Company increased number of cars and vans on offer to 19,000, preparing to open smaller buying branches to ensure sufficient sourcing to meet sales plan of 120,000 vehicles in 2025 (+10%)
February 21, 2025 | 12:26pm CETflashread more
ESG: Constellium (manufacturer of aluminum products for automotive industry, other industries with 12,000 employees in Europe, North America, Asia; revenues of EUR 7.3 billion in 2024) stopped using coal, testing replacing natural gas with hydrogen. Company recently completed its first industrial-scale casting using hydrogen combustion at C-Tec R&D center in Voreppe, France. Constellium is involved in various projects aimed at advancing hydrogen technologies for industrial decarbonization, such as HyInHeat (Hydrogen technologies for decarbonization of industrial heating processes, project running in 2023-2026, funded by European Union/EU with budget of EUR 24 million, 30 partners including Toyota Motor Europe, ArcelorMittal, SSAB, Linde, Nippon Gases/Nippon Sanso). In addition to its focus on hydrogen, company is exploring alternative decarbonization technologies, including direct electrification solutions compatible with existing furnaces
February 21, 2025 | 12:19pm CETflashread more
Mobility & Innovation Production (manufacturer of electric, hydrogen city buses in Orechová Potôň, Slovakia) developed hydrogen-powered truck (FCEV) built on Ford F-Max platform from Ford Trucks (Refire Prisma XII+ 117kW fuel cell, Dana TM4 Sumo HV 2500 6-P 540kW electric motor, Eaton 4-speed transmission/gearbox, Durapower 122kWh traction battery with range of up to 120 km, CCS2 charging connector, 4x Nproxx 700 bar 12 kg hydrogen cylinders/tanks with range of 600-750 km, maximum permissible gross weight 45 tons, consumption of 8-9 kg H2/100 km). Integration of electric, hydrogen propulsion systems with on-board electronics ensured by Drabpol Automotive. M&I RH120R semi-trailer tractor is homologated according to EU regulations, with development tests and approvals assisted by TÜV Süd Czech (cooperation since 2020). As pilot, MIP to provide hydrogen trucks for testing in real operation to transport/logistics companies Metrans (Hamburger Hafen und Logistik AG/HHLA Group, electric trucks in fleet since 2022, climate neutrality target by 2040) and Waberer's (fleet of 2,800 diesel and HVO 100 vehicles, 25 electric and LNG vehicles)
February 19, 2025 | 02:56pm CETflashread more
JATO Dynamics: Electric car (BEV) market share in Europe (34 countries) reached 15% in 2024 (Scandinavia-5 49%, 2023: 46%; Northern/Central-8 18%, 19%; Southern-8 10%, 9.4%; Eastern-13 4.8%, 5.3%), same as in 2023. Highest penetration in Norway (88%, 82%), Denmark (51%, 36%), Malta (38%, 17%), Netherlands (35%, 31%), Sweden (35%, 39%), Finland (30%, 34%), Belgium (28%, 20%), Luxembourg (28%, 23%), Iceland (26%, 53%), Portugal (20%, 18%), UK (20%, 17%), Switzerland (19%, 21%), Austria (18%, 20%), France (17%, 17%), Ukraine (16%, 12%), Germany (14%, 18%) and Ireland (14%, 19%), lowest in Serbia (0.8%, 0.8%), Slovakia (2.5%, 2.6%), Croatia (3%, 2.9%), Poland (3%, 3.6%), Bulgaria (3.9%, 4.8%), Italy (4.2%, 4.2%), Czechia (4.7%, 3%), Estonia (5.4%, 6.8%), Spain (5.7%, 5.7%), Slovenia (6.1%, 9%), Lithuania (6.2%, 7.9%), Greece (6.4%, 4.8%), Romania (6.5%, 11%), Hungary (7%, 5.4%), Latvia (7.7%, 9%), Cyprus (9%, 6.2%) and Turkey/Türkiye (10%, 6.7%)
February 19, 2025 | 02:51pm CETflashread more
Car Importers Association (SDA), Statistics Austria (Bundesanstalt Statistik Österreich): Customers in Czechia (of which 75% are companies and entrepreneurs, average CO2 emissions of ICE+CNG+LPG+MHEV+HEV+PHEVs over 133 g/km) continue to buy new internal combustion cars with more powerful engines (with higher fuel consumption and emissions) than clients in Austria (129), according to registration and fleet emissions statistics of two neighboring, similarly mountainous countries for 2024
February 19, 2025 | 02:45pm CETflashread more
Smart Energy Week (H2 & FC Expo, PV Expo, Battery Japan, Smart Grid Expo, Wind Expo, Biomass Expo, Zero-E Thermal Expo, CCUS Expo), Green Transformation Week (Decarbonisation Expo, Circular Economy Expo) 2025: 1493 exhibitors, including ABB, AGC, Aisin, Analog Devices, Asahi Kasei, Bosch, Cellcentric, Dassault Systèmes, Dräger, e-Mobil BW, Forvia Faurecia, Fraunhofer ICT, Futaba Electric, Henkel, Hexagon, Hilite Automotive Technology, Hitachi, Honda, Horiba, IDTechEx, Itochu Ceratech, Kawasaki Hydrogen Road, Konica Minolta, Kubota, Kyocera Communication Systems, Mann+Hummel, Mitsubishi Electric, Mitsubishi Gas Chemical, Motherson Yachiyo Automotive Systems, NEC, Nippon Steel, Nitto Kohki, Polyplastics Evonik, Saft/TotalEnergies, Schaeffler, Sécheron, Seiki, Stäubli, Sumitomo Electric, Sumitomo Heavy Industries, Suzuki Shokan, Teijin Engineering, Tokai Rika, Toshiba, Toyota Motor, Toyota Tsusho and TÜV Rheinland, to join exhibition on renewable energy (hydrogen & fuel cells, photovoltaics, batteries, smart grids, wind, biomass, zero-emission thermal power generation, carbon/CO2 capture & utilisation & storage) and green transformation (decarbonization, circular economy) technologies in Tokyo, Japan (February 19-21)
February 18, 2025 | 11:51am CETflashread more
Coface CEE Top 500 Ranking 2024: Utilities and public services sector (70 largest firms, -12 y/y) in Central and Eastern European region (Bulgaria, Croatia, Czechia, Estonia, Hungary, Latvia, Lithuania, Poland, Romania, Serbia, Slovakia, Slovenia) decreased turnover by 6.8% to EUR 191 billion in 2023 (2022: EUR 205 billion), but number of employees grew slightly. Largest companies in sector include PGE Polska Grupa Energetyczna (EUR 22.11 billion, +31%; 42,552 people, +12%), MVM (EUR 13.27 billion, -33%; 18,691, +4%), Enea (EUR 10.14 billion, +46%; 17,853, +3%), Tauron Polska Energia (EUR 9.83 billion, +17%; 18,946, -26%), ČEZ (EUR 8.82 billion, +12%; 6,345, +8%), Polskie Sieci Elektroenergetyczne/PSE (EUR 6.09 billion, +4%; 2,937, +7%), Holding Slovenske elektrarne/HSE (EUR 5.12 billion, -8%; 226, +8%), ČEZ Prodej (EUR 4.88 billion, +32%; 1,181, -5%), Slovenské elektrárne (EUR 4.79 billion, -4%; 3,962, +2%), Slovenský plynárenský priemysel/SPP (EUR 3.92 billion, -1%; 727, +2%), ČEZ ESCO (EUR 3.89 billion, +53%; 296, +16%), Veolia Energia Polska (EUR 3.3 billion, +42%; 4,395, +2%), Innogy Energie (EUR 2.85 billion, -10%; 211, -4%), E.ON Energie (EUR 2.79 billion, +21%; 307, +12%), Alpiq Energy (EUR 2.69 billion, -61%; 48, -14%), MND (EUR 2.2 billion, -75%; 856, +4%), Engie Romania (EUR 2.16 billion, -29%; 831, +0%), ZSE Energia (EUR 2.07 billion, -11%; 304, +3%), Uniper Hungary (EUR 2.07 billion, -48%; 35, +0%), E.ON Energie Romania (EUR 2.07 billion, -25%; 679, +2%), E.ON Energiamegoldások (EUR 1.87 billion, -5%; 349, +4%), Stredoslovenská energetika (EUR 1.83 billion, +21%; 370, +2%), Pražská energetika/PRE (EUR 1.77 billion, +32%; 475, +1%), ČEZ Distribuce (EUR 1.53 billion, -18%; 4,606, +0%), Pražská plynárenská (EUR 1.09 billion, -17%; 487, +6%), E.ON Polska (EUR 1.06 billion, +1%; 420, +6%), ČEPS (EUR 896 million, -9%; 500, +0%), Východoslovenská energetika/VSE (EUR 891 million, -2%; 252, -3%), Veolia Energie ČR (EUR 805 million, +42%; 1,000, +0%), Engie Energy Management Romania (EUR 696 million, -57%; 0, n/a)
February 18, 2025 | 11:42am CETflashread more
JATO Dynamics: Sales (registrations) of new cars in Europe (28 countries) up by 0.9% to 12.91 million in 2024, of which 53.6% were SUVs (6.92 million, +4% – B-SUV 2.46 million, +5%; C-SUV 2.91 million, +4.8%; C/D-SUV 650,000, -1.7%; D-SUV 511,000, -1.3%; A-SUV/E-SUV 389,000), 41.5% hatchbacks, sedans, wagons (5.36 million, -3% – A-segment 542,000, -22%; B-segment 2 million, +1.3%; C-segment 1.79 million, -1.3%; D-segment 771,000, -3.3%, E-segment 257,000), 3.4% MPV (444,000, +5%), 0.7% sports cars (88,000, -10%), 0.7% vans (85,000, +12%) and 0.05% others (7,000, +11%)
February 18, 2025 | 11:31am CETflashread more
Unions and management of Hyundai plant in Nošovice, Czechia (Hyundai Motor Manufacturing Czech; Tucson, i30, i30 N, Kona Electric; 3,051 employees; average salary of blue-collar professions CZK 57,064/EUR 2,280 in 2024) not agreed on wage increases and new collective agreement, intermediary to be involved in negotiations. Current collective agreement valid until end of March. Ministry of Labor and Social Affairs of Czech Republic (MPSV) appointed mediator – Dominik Brůha, who already helped resolve dispute at company twice, unions (ZO OS KOVO Hyundai Czech) said
February 17, 2025 | 03:51pm CETflashread more
Škoda Auto delivered 926,600 vehicles to customers in 2024, representing increase of 6.9% (Octavia 215,700 cars, +12.4%; Kamiq 126,000, +8.2%; Fabia 117,100, +24.1%; Kodiaq 114,500, +8.1%; Karoq 109,400, +9.3%; Enyaq 79,500, -2.6%; Superb 72,800, +7.9%; Scala 56,300, -10%; Kushaq 19,300, -27.4%; Slavia 16,000, -19.6%). Sales in Europe (780,900, +10% – Germany 187,100, +18.5%; Türkiye/Turkey 42,200, +25.7%; UK 78,700, +11.9%; Poland 61,400, +13.9%; Spain 36,300, +20.6%; Czechia 84,500, -3.8%) and some Asian countries (Kazakhstan 1,400, new market) grew, India (36,000, -26.3%) and China (17,500, -23.1%) experienced decline. Our 2024 delivery success is best preparation we could have for another challenging year in 2025 and next growth phase of our internationalisation strategy in India (Kylaq), ASEAN (Vietnam) and Middle East, Zellmer said
February 17, 2025 | 03:39pm CETflashread more
JATO Dynamics: Electrified car (BEV, PHEV, HEV) market share in Europe (28 countries) increased by 1.2 pp to 34.5% in 2024 (2023: 33.3%) – BEV 15.4%, -0.3 pp; PHEV 7.3%, -0.4 pp; HEV 11.8%, +1.9 pp, while internal combustion engine vehicles (ICEs, including MHEVs) decreased by 1.2 pp to 62.7% (63.9%) – diesel 14.3%, -1.7 pp; petrol/gasoline 48.4%, +0.5 pp. Tesla (100%) has highest BEV penetration among top 10 best-selling carmakers, followed by Geely Group (41%), BMW Group (23%), Mercedes-Benz Cars (19%), Hyundai-Kia (13%), Volkswagen Group (13%), Stellantis (11%), Renault Group (8.6%), Ford (7.5%) and Toyota (3.2%). Of top 10 most registred models, two has electric (Tesla Model Y, Peugeot 208), two plug-in hybrid (VW Golf, Škoda Octavia) and three hybrid powertrain (Toyota Yaris Cross, Dacia Duster, Toyota Yaris)
February 17, 2025 | 03:25pm CETflashread more
Cebia Summary 4/2024: Average price of used cars sold in Czechia down by 6.8% y/y to CZK 284,000 (EUR 11,325) in 2024, stagnated during Q4 (16% up to CZK 100,000/EUR 4,000, 27% up to CZK 200,000/EUR 8,000, 23% up to CZK 300,000/EUR 12,000, 34% above CZK 300,000/EUR 12,000). One of reasons for price drop was decline in prices of new vehicles of some brands and models, which was also reflected in drop in price of nearly-new vehicles. Sales fell by 2.4% to 655,000 cars (2023: 671,000), supply increased by 3.56%. In terms of powertrain types, 47.23% of cars on offer had diesel, 47.21% petrol, 2.59% hybrid, 1.68% electric, 0.89% LPG and 0.02% other
February 13, 2025 | 01:27pm CETflashread more
SDA: Vehicle fleet in Czechia up by 175,464 units (+1.95%) to 9.16 million in 2024, including 125,061 cars (+1.9%) to 6.72 million. Average age increased by 0.29 year (+1.51%) to 19.51 years, by 0.27 year (+1.67%) to 16.48 years. Over past 10 years, 2.33 million vehicles (+34.12%) added to Czech roads, of which 1.79 million cars (+36.17%), average age up by 2.54 year (+14.97%) and by 2.42 year (+17.21%)
February 13, 2025 | 01:16pm CETflashread more
Changes
Lear acquired Xevo, provider of connected car software and data-driven user experiences
April 7, 2020 | 11:42pm CETpublicCompletion of the transaction, financial advisor, key services Journeyware and Market, HR...
read moreFränkische moved part of its production from Czechia to Romania
March 11, 2020 | 04:50pm CEToriginalLocations, reasons, HR, work aid from employees from Hungary, turnover in 2018-2020, products, clients including electric vehicle manufacturers, potential of e-mobility…
read moreAutoBinck bought ROI Fleet & Mobility
March 11, 2020 | 04:25pm CETpublicROI will become a subsidiary of Fleet Support, which is part of AutoBinck's Smart Mobility division. Profile and portfolio of vehicles, mobility passes, shared cars and e-bikes in the management...
read moreLear Innovation Ventures (LIV) invested in Israeli venture capital fund managed by Maniv Mobility
March 11, 2020 | 03:32pm CETpublicManiv Mobility's portfolio and investing activities are focused on Israeli start-up companies in the connected, autonomous, ridesharing and mobility sectors, as well as on investments in the U.S. and other markets. Acquisition of EXO Technologies...
read moreToyota Research Institute-Advanced Development, Carmera to create HD maps for automated vehicles using camera data
February 10, 2020 | 11:44pm CETpublicFirst step towards realizing TRI-AD's open software platform concept known as Automated Mapping Platform (AMP), cameras in Toyota test vehicles to collect data over several months from areas of downtown Tokyo, cameras installed in the test vehicles using Toyota Safety Sense (TSS) components...
read moreDXC Technology signed agreement to cooperate on development of BMW self-driving cars
February 10, 2020 | 11:32pm CETpublicTechnologies for the BMW High Performance D3 platform to simplify and accelerate test data analysis as well as streamline machine learning algorithms with the DXC Robotic Drive platform...
read moreEBZ bought Kovovýroba Hoffmann
February 10, 2020 | 11:22pm CETpublicRenaming the firm, maintaining jobs, continuing of Marek Hoffmann in the company, annual turnover...
read moreJet 1 investment fund managed by Jet Investment sold Benet Automotive
February 10, 2020 | 10:57pm CETpublicBuyer and his profile, divestment after two years, acceleration of synergistic effects with Fiberpreg from the portfolio of Czech investment company, clients, sales in 2018, transaction and legal advisors...
read morePorsche Holding Salzburg bought further dealer group in Italy
February 10, 2020 | 10:46pm CETpublicCompany, locations, brands, sales and financial results, previous acquisitions of Eurocar Italia, growth in recent years...
read moreGenuine Parts Company (GPC)'s Alliance Automotive Group (AAG) bought AutoBinck's PartsPoint
February 10, 2020 | 10:34pm CETpublicProfile of the distributor of automotive aftermarket parts and accessories in the Benelux, expected annual revenues...
read moreLear Innovation Ventures (LIV) Possibilities: Lear launched new division investing in early stage technologies throught partnerships with venture capital firms, accelerators, incubators
February 10, 2020 | 10:24pm CETpublicIt will also provide direct capital to start-ups and internal innovation projects. Head of division...
read moreZF, Foton opened joint plant in China
February 10, 2020 | 09:55pm CETpublicLocation, products, vehicle segment, extension of cooperation with subsidiary of BAIC Group lasting since 2016...
read moreRubicon Partners sold Ring Automotive to Osram
December 4, 2019 | 11:47pm CETpublicOsram intends to enter markets in Europe, USA and other regions with the Ring product portfolio. Turnover in 2018...
read morePanattoni to build joint production plant for Groupe Plastivaloire, Filtration Group in Czechia
October 17, 2019 | 01:17pm CET, updatedpublicLocation, hall size, products, HR, consulting companies involved...
read moreZF to buy Wabco
July 8, 2019 | 12:28am CETpublicPrice, financial and legal advisors, closing the transaction...
read moreKPMG Global Automotive Executive Survey 2019: BEVs to account for 30% of global production in 2040
July 8, 2019 | 12:16am CETpublicBEV will be followed by HEVs, FCEVs and ICEVs. At the same time, most automotive executives are convinced that while OEMs declared themselves responsible for the technological agenda in the past decades, that role is being taken over by the regulator who will set the primary agenda defined by industry policies...
read moreBrisk developed sensors for new Scania engine, launching series production in H2 2019
May 23, 2019 | 11:27pm CEToriginalDetails of the contract, a new hall in Tábor, business and financial results in 2017-2019, investments, other clients and orders, expansion of the portfolio in the Russian factory…
read moreMitsubishi Electric launched construction of integrated starter-generator (ISG) plant for mild hybrids in Czechia
May 20, 2019 | 09:47pm CETpublicLocation, hall size, investment amount, start of production, HR, environmental protection measures...
read moreŠkoda Auto produced record more than 300,000 cars in Kvasiny, Czechia in 2018
March 31, 2019 | 10:49pm CETpublicContinuous optimization of production, assembly of Kodiaq on two lines of East Bohemian plant, new multifunctional competence center, start of production of Superb plug-in hybrid...
read moreDXC Technology won orders from Škoda Auto, BMW
March 27, 2019 | 11:35pm CEToriginalExpansion of cooperation with Volkswagen Group, other automotive projects, participation in the Startup Autobahn innovation platform, digital transformation, cyber security, Industry 4.0 in the Box solution, upcoming DXC Digital Experience Lab in Slovakia…
read moreHenniges Automotive wants to expand plant in Czechia
November 21, 2018 | 11:44pm CEToriginalLocation, new halls and production lines, HR, timing, amount of investment, products and clients, R&D center enlargement, suppliers…
read moreBroadcom demands Volkswagen to pay USD 1 billion in patent dispute
November 15, 2018 | 09:30pm CEToriginalAt the same time, the company is threatening to demand a court suspension of the production of several VW, Audi and Porsche models. An earlier lawsuit against Toyota and Panasonic...
read moreConstellium opened second plant in Czechia
October 14, 2018 | 08:48pm CEToriginalLocation, the amount of investment, expansion of the first factory, timing, HR, target capacity, a shift from semi-finished to machined parts…
read moreBöhm Plast-Technik changed ownership structure
September 11, 2018 | 07:06pm CEToriginalThe original and new shareholder structure, reasons, transaction advisor, products and clients, revenues in 2017, HR...
read moreŠkoda chose two new agencies for marketing communication
August 30, 2018 | 02:26am CEToriginalOne has already been working for the Volkswagen Group, the other recently joined Europe. Joint venture in Czechia, the previous agency, a new advertising agency in Germany...
read more
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SELECTED FLASH NEWS
ESG: Thanks to support of Panattoni (developer, lessor of industrial, warehouse, office...
Marušinec (ASEP, BatteryX, Elon Club): Batteries for electromobility experienced...
Dolák (Toyota dealer in Příbram, Písek, Tábor, České Budějovice and Pilsen, Czechia)...
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Tatra Trucks develops series of Tatra Force e-Drive battery, hydrogen vehicles with...
Škoda Auto opened tomographic center for analysis of high-voltage batteries in Mladá...
Štefek (PwC): Non-financial/ESG reporting (Environmental, Social, Governance;...
Traction Battery Watchdog: Devinn (development company with 160 employees in Jablonec nad...
Škoda Auto ended production of batteries for plug-in hybrids of Volkswagen Group (536,433...
ESG: Tesa (Beiersdorf Group; manufacturer of adhesive tapes, other products for automotive...
Vitesco Technologies wants to invest over EUR 576 million (CZK 14.4 billion) into...
SUDOP Group established new eco-energy division, SUDOP Energy and Environment (SEEN)...
There is nothing to wait for: City of Prague, Czechia launched campaign for climate plan...
Automobili Pininfarina Čeladná: Thomas Bruno Emmisberger (Nexgen Automobili – Pininfarina...
Co-owners (Jan Jakubec, Aleš Havlíček) and managers (Daniel Obrátil) of Auto Base (BMW...
Jirovec: Invelt (BMW, Mini, Alpina, BMW Motorrad dealer with more than 140 employees in...
Tukas Group (Škoda, Volkswagen, VW Commercial Vehicles, Volvo, Opel, Kia, Renault, Dacia...
M3000 closed Mercedes car, van dealership in Prague, Czechia. Newly established company SP...
Emil Frey Kyje: Emil Frey (Kia, Subaru, Suzuki, Toyota dealer in Prague; distributor of...
Porsche Czech Republic (Porsche Holding Salzburg) closed representative showroom of...
CarTec Group (BMW, Mini, Rolls-Royce, BMW Motorrad dealer in Ostrava, Liberec, Prague and...
Isolite (manufacturer of high temperature insulation, sealing for automotive, aviation...
Ministry of Transport of Czech Republic to increase number of sections with Safe Distance...
SELECTED ARTICLES
Czech antitrust authority imposed fine on two car dealers for cartel
Shandong Linglong Tire wants to build two more plants, one in Europe
Chassix wants to build plant in Eastern Europe
SaarGummi plans further investment in Czech Rep
Samsung looking for suppliers on new type of EV batteries
King Long expands in Europe, established partner for Czech Rep and Slovakia
Toyoda Gosei to increase production in Europe
Kirchhoff Automotive looking for new suppliers
Hyundai expands operations in Central Europe
Uni Gasket to expand production in Europe
Vision & Strategy 2025: Brose to make global competence centre from Ostrava
Brano aims to develop its own electric vehicle, later might start producing it
Autofox Wordbook
EXCHANGE RATES
1 EUR = 1.08 USD
1 EUR = 0.83 GBP
1 EUR = 0.95 CHF
1 EUR = 24.96 CZK
1 EUR = 4.18 PLN
1 EUR = 403.13 HUF
Source: ECB, March 28, 2025